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Price
Target price
€14.70

€14.70

-0.680%
-0.1
-0.680%
€23.89
 
22.08.24 / Stuttgart Stock Exchange WKN: 909382 / Symbol: FARO / Name: FARO Tech / Stock / Machinery, Equipment & Components / Small Cap /
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Faro Technologies Inc. Stock

Faro Technologies Inc. shows a slight decrease today, losing -€0.100 (-0.680%) compared to yesterday.
Our community is currently high on Faro Technologies Inc. with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 23 € shows a very positive potential of 56.46% compared to the current price of 14.7 € for Faro Technologies Inc..

Pros and Cons of Faro Technologies Inc. in the next few years

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Performance of Faro Technologies Inc. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Faro Technologies Inc. -0.680% 3.521% -11.976% -3.922% -27.228% -73.514% -66.557%
CBAK Energy Technology Inc -1.550% -2.564% -16.667% 18.306% 0.956% -63.878% 22.030%
Ultralife Corp. 2.830% 1.286% -13.620% -1.563% 51.200% 35.971% 20.275%
AZZ Inc. 1.430% 1.429% -7.792% 63.594% 35.238% 61.364% -

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-05-29

In general, the financials of FARO Tech convey a company experiencing some fluctuations in its financial performance and dealing with certain challenges. This is most notable in the net income figures, which show some instability and potential concerns for investors. However, FARO Tech also showcases growth in its total revenue and positives regarding its assets.

Growth in Total Revenue: Over the years, FARO has experienced an increase in its total revenue. Comparing the years 2020, 2021, and 2022, the total revenue increased from $303,768,000 to $345,765,000, demonstrating growth in the top-line figures.

Increase in Net Receivables: FARO Tech has managed to increase its net receivables over the years, indicating improved collection of receivables or successful efforts to extend more credit to customers.

Comments

Prediction Buy
Perf. (%) 7.25%
Target price 21.972
Change
Ends at 09.08.25

FARO Technologies, Inc. (NASDAQ: FARO) had its price target lowered by analysts at Needham & Company LLC from $27.00 to $24.00. They now have a "buy" rating on the stock.
Ratings data for FARO provided by MarketBeat
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Prediction Buy
Perf. (%) 7.25%
Target price 22.893
Change
Ends at 09.08.25

FARO Technologies, Inc. (NASDAQ: FARO) had its price target lowered by analysts at Craig Hallum from $29.00 to $25.00. They now have a "buy" rating on the stock.
Ratings data for FARO provided by MarketBeat
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FARO Technologies, Inc. (NASDAQ: FARO) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.
Ratings data for FARO provided by MarketBeat
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