FARO Technologies, Inc. (FARO) Social Stream
FARO TECHNOLOGIES INC (FARO) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering FARO.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-07 | 1 | $77 | $77 | $77 | $20.92 | 268.07% |
| 2022-04-28 | 2 | $50 | $40 | $45 | $20.92 | 115.11% |
| 2022-08-04 | 2 | $50 | $40 | $42.5 | $20.92 | 103.15% |
| 2022-11-03 | 2 | $50 | $32 | $40.5 | $20.92 | 93.59% |
| 2023-02-16 | 2 | $50 | $35 | $41.25 | $20.92 | 97.18% |
| 2023-05-04 | 2 | $40 | $22 | $32.333 | $20.92 | 54.56% |
| 2023-05-08 | 2 | $40 | $20 | $27.333 | $20.92 | 30.65% |
| 2023-08-03 | 3 | $26 | $20 | $22.333 | $20.92 | 6.75% |
| 2023-11-03 | 3 | $29 | $21 | $24 | $20.92 | 14.72% |
The Trend in the Analyst Price Target
Over the past 26 months, FARO's average price target has gone down $67.67.
FARO reports an average of 65.76% for its upside potential over the past 37 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-16 | 2 | 50 | 35 | 41.250 | 29.38 | 40.4% |
| 2023-05-04 | 2 | 40 | 22 | 32.333 | 13.31 | 142.92% |
| 2023-05-08 | 3 | 40 | 20 | 25.750 | 13.13 | 96.12% |
| 2023-08-03 | 3 | 26 | 20 | 22.333 | 19.36 | 15.36% |
| 2023-11-03 | 3 | 29 | 21 | 24.000 | 16.54 | 45.1% |
FARO Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2 | 1 | 1 | 1 | 0 | 0 | 3 |
The Trend in the Broker Recommendations
Over the past 39 weeks, FARO's average broker recommendation rating improved by 0.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for FARO as an investment opportunity.
- In terms of how FARO TECHNOLOGIES INC fares relative to all US stocks, note that its number of analysts covering the stock is greater than 52.16% of that group.
- To contextualize these metrics, consider that out of Technology stocks, FARO TECHNOLOGIES INC's variance in analysts' estimates is lower than -298.65% of them.
- FARO TECHNOLOGIES INC's average analyst price target is higher than 1189.57% of stocks in the small market cap category.
- FARO has a higher upside potential (average analyst target price relative to current price) than 1106.08% of Measuring and Control Equipment stocks.
In the Measuring and Control Equipment industry, PRE, HLTH, and AEHR are the three stocks most similar to FARO TECHNOLOGIES INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
What is the outlook for FARO? Use POWR Ratings for clearer insight into price direction.