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

The latest price target for Faro Technologies (NASDAQ: FARO) was reported by Needham on May 3, 2024. The analyst firm set a price target for $27.00 expecting FARO to rise to within 12 months (a possible 42.48% upside). 7 analyst firms have reported ratings in the last year.

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

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.

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.

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 May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.

While ratings are subjective and will change, the latest Faro Technologies (FARO) rating was a reiterated with a price target of $0.00 to $27.00. The current price Faro Technologies (FARO) is trading at is $18.95, which is within the analyst’s predicted range.