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Faro Technologies

FARONASDAQ
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$18.00
0.382.16%
At Close: -
$18.00
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$26.00
Lowest Price Target1
$21.00
Consensus Price Target1
$24.00

Faro Technologies (NASDAQ:FARO) Stock, Analyst Ratings, Price Targets, Forecasts

Faro Technologies Inc has a consensus price target of $24 based on the ratings of 4 analysts. The high is $26 issued by Craig-Hallum on August 3, 2023. The low is $21 issued by Baird on May 5, 2023. The 3 most-recent analyst ratings were released by Needham, Craig-Hallum, and Needham on August 9, 2024, August 9, 2024, and May 3, 2024, respectively. With an average price target of $25.33 between Needham, Craig-Hallum, and Needham, there's an implied 40.74% upside for Faro Technologies Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
May
0
0
0
0
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.8
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Craig-Hallum
Craig-Hallum
Baird

1calculated from analyst ratings

Analyst Ratings for Faro Technologies

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FAQ

Q

What is the target price for Faro Technologies (FARO) stock?

A

The latest price target for Faro Technologies (NASDAQ:FARO) was reported by Needham on August 9, 2024. The analyst firm set a price target for $24.00 expecting FARO to rise to within 12 months (a possible 33.33% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Faro Technologies (FARO)?

A

The latest analyst rating for Faro Technologies (NASDAQ:FARO) was provided by Needham, and Faro Technologies maintained their buy rating.

Q

When was the last upgrade for Faro Technologies (FARO)?

A

The last upgrade for Faro Technologies Inc happened on August 3, 2023 when Craig-Hallum raised their price target to $26. Craig-Hallum previously had a hold for Faro Technologies Inc.

Q

When was the last downgrade for Faro Technologies (FARO)?

A

The last downgrade for Faro Technologies Inc happened on April 28, 2022 when Craig-Hallum changed their price target from $74 to $40 for Faro Technologies Inc.

Q

When is the next analyst rating going to be posted or updated for Faro Technologies (FARO)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Faro Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Faro Technologies was filed on August 9, 2024 so you should expect the next rating to be made available sometime around August 9, 2025.

Q

Is the Analyst Rating Faro Technologies (FARO) correct?

A

While ratings are subjective and will change, the latest Faro Technologies (FARO) rating was a maintained with a price target of $27.00 to $24.00. The current price Faro Technologies (FARO) is trading at is $18.00, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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