- FARO Technologies reports strong Q1 2025 revenue of $82.9 million, meeting high-end forecasts.
- Wall Street analysts set an average price target of $38.50, implying a 26.13% upside.
- GuruFocus analysis suggests a possible downside of 26.85% based on GF Value estimates.
In an impressive start to 2025, FARO Technologies (FARO, Financial) announced its first-quarter revenues reached $82.9 million, aligning with the upper range of projections. The company’s introduction of significant new products has spurred $1 million in pre-orders, setting an encouraging precedence for continued growth. Looking ahead, FARO anticipates its second-quarter 2025 revenues will fall between $79 million and $87 million.
Wall Street Analysts Forecast
According to two analysts covering FARO Technologies Inc (FARO, Financial), the average price target is set at $38.50. This target reflects a potential upside of 26.13% from the current stock price of $30.53, with estimates ranging from a high of $40.00 to a low of $37.00. For a deeper dive into these estimates, you can visit the Faro Technologies Inc (FARO) Forecast page.
The consensus from two brokerage firms positions Faro Technologies Inc's (FARO, Financial) average brokerage recommendation at 2.0, indicative of an "Outperform" rating. This rating is part of a scale where 1 signifies a Strong Buy and 5 a Sell, providing a signal of positive market sentiment around the stock.
Despite these optimistic projections, a look into GuruFocus estimates tells a different story. The projected GF Value for FARO Technologies Inc (FARO, Financial) suggests a one-year target of $22.33. This forecast indicates a potential downside of 26.85% from the current price of $30.525. The GF Value is calculated by considering historical trading multiples, past growth, and future business performance projections. For more comprehensive data, visit the Faro Technologies Inc (FARO) Summary page.