First Time Loading...

FARO Technologies Inc
NASDAQ:FARO

Watchlist Manager
FARO Technologies Inc Logo
FARO Technologies Inc
NASDAQ:FARO
Watchlist
Price: 18.16 USD -1.04% Market Closed
Updated: May 4, 2024

Wall Street
Price Targets

FARO Price Targets Summary
FARO Technologies Inc

Wall Street analysts forecast FARO stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for FARO is 28.56 USD with a low forecast of 27.27 USD and a high forecast of 30.45 USD.

Lowest
Price Target
27.27 USD
50% Upside
Average
Price Target
28.56 USD
57% Upside
Highest
Price Target
30.45 USD
68% Upside

FARO Last Price Targets
FARO Technologies Inc

The latest public price target was made on Mar 12, 2024 by James Ricchiuti from Needham , who expects FARO stock to rise by 49% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
James Ricchiuti
Needham
27 USD
Upside 49%
1 month ago
Mar 12, 2024
Needham Reiterates Buy Rating on Faro Technologies (FARO) Following Analyst Day
StreetInsider
James Ricchiuti
Needham
Price Target 27 USD
Upside/Downside 49%
View Source
FARO Technologies Inc Competitors:
Price Targets
M7U
Nynomic AG
68% Upside
6418
Japan Cash Machine Co Ltd
17% Downside
300370
Sichuan Etrol Technologies Co Ltd
384% Upside
7762
Citizen Watch Co Ltd
3% Downside
000925
UniTTEC Co Ltd
38% Upside
CAT
Catapult Group International Ltd
36% Upside
688531
Wuxi Unicomp Technology Co Ltd
86% Upside
688686
OPT Machine Vision Tech Co Ltd
43% Upside

Revenue
Forecast

Revenue Estimate
FARO Technologies Inc

For the last 8 years the compound annual growth rate for FARO Technologies Inc's revenue is 2%. The projected CAGR for the next 2 years is 5%.

2%
Past Growth
5%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
FARO Technologies Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
57%
Average Beat

Net Income
Forecast

Net Income Estimate
FARO Technologies Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
19%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is FARO's stock price target?
Price Target
28.56 USD

According to Wall Street analysts, the average 1-year price target for FARO is 28.56 USD with a low forecast of 27.27 USD and a high forecast of 30.45 USD.

What is FARO Technologies Inc's Revenue forecast?
Projected CAGR
5%

For the last 8 years the compound annual growth rate for FARO Technologies Inc's revenue is 2%. The projected CAGR for the next 2 years is 5%.