| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/03/2023 | 62.91% | Craig-Hallum | → $26 | Upgrades | Hold → Buy |
| 05/08/2023 | 25.31% | Needham | $35 → $20 | Maintains | Buy |
| 05/05/2023 | 31.58% | Baird | $32 → $21 | Maintains | Neutral |
| 05/04/2023 | 37.84% | Craig-Hallum | $30 → $22 | Maintains | Hold |
| 02/16/2023 | 119.3% | Needham | $39 → $35 | Maintains | Buy |
| 01/17/2023 | 144.36% | Needham | $32 → $39 | Maintains | Buy |
| 11/03/2022 | 100.5% | Needham | $40 → $32 | Maintains | Buy |
| 08/04/2022 | 150.63% | Needham | $50 → $40 | Maintains | Buy |
| 04/28/2022 | 213.28% | Needham | $72 → $50 | Maintains | Buy |
| 04/28/2022 | 150.63% | Craig-Hallum | $74 → $40 | Downgrades | Buy → Hold |
| 02/17/2022 | 351.13% | Needham | $77 → $72 | Maintains | Buy |
| 10/07/2021 | 382.46% | Needham | → $77 | Upgrades | Hold → Buy |
| 02/21/2020 | 376.19% | Craig-Hallum | → $76 | Upgrades | Hold → Buy |
| 11/01/2019 | — | Gabelli & Co. | Downgrades | Buy → Hold | |
| 02/21/2019 | — | Craig-Hallum | Downgrades | Buy → Hold | |
| 02/21/2019 | — | Gabelli & Co. | Upgrades | Hold → Buy | |
| 11/02/2018 | 181.95% | Baird | $62 → $45 | Maintains | Neutral |
What is the target price for Faro Technologies (FARO)?
The latest price target for Faro Technologies (NASDAQ: FARO) was reported by Craig-Hallum on August 3, 2023. The analyst firm set a price target for $26.00 expecting FARO to rise to within 12 months (a possible 62.91% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Faro Technologies (FARO)?
The latest analyst rating for Faro Technologies (NASDAQ: FARO) was provided by Craig-Hallum, and Faro Technologies upgraded their buy rating.
When is the next analyst rating going to be posted or updated for Faro Technologies (FARO)?
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 3, 2023 so you should expect the next rating to be made available sometime around August 3, 2024.
Is the Analyst Rating Faro Technologies (FARO) correct?
While ratings are subjective and will change, the latest Faro Technologies (FARO) rating was a upgraded with a price target of $0.00 to $26.00. The current price Faro Technologies (FARO) is trading at is $15.96, which is within the analyst's predicted range.