FARO Technologies Stock Target Price and Analyst Consensus
| FARO Stock | USD 18.62 0.38 2.00% |
The current analyst and expert consensus on FARO Technologies is Strong Buy, with only one strong buy opinion. The current projected FARO Technologies target price consensus is 31.33 with 2 analyst opinions. The most common way FARO Technologies analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview FARO Technologies executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on FARO Technologies. We encourage you to use your own analysis of FARO Technologies to validate this buy or sell advice. FARO Technologies buy-or-sell recommendation module provides average expert sentiment on the projected FARO Technologies target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on FARO Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.
Lowest Forecast 28.51 | Highest Forecast 34.78 | Target Price 31.33 |
FARO |
It's important to approach FARO Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize FARO Technologies price targets
FARO Technologies' stock target price is an estimate of its future price, usually made by analysts. Using FARO Technologies' target price to determine if it is a suitable investment can be done through the following steps:- Look at FARO Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if FARO Technologies' stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional FARO Technologies Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of FARO Technologies is a key component of FARO Technologies valuation and have some predictive power on the future returns of a FARO Technologies.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FARO Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Impulse Invested over 100 shares | |
 | Momentum Invested over 60 shares | |
 | Business Services Invested few shares | |
 | FinTech Invested over 40 shares | |
 | Warren Buffett Holdings Invested over 40 shares | |
 | Chemicals Invested over 40 shares | |
 | Investor Favorites Invested few shares | |
 | Synthetics Invested over 100 shares | |
 | Chemicals Makers Invested over 500 shares |
Check out Macroaxis Advice on FARO Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for FARO Stock analysis
When running FARO Technologies' price analysis, check to measure FARO Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FARO Technologies is operating at the current time. Most of FARO Technologies' value examination focuses on studying past and present price action to predict the probability of FARO Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FARO Technologies' price. Additionally, you may evaluate how the addition of FARO Technologies to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Stocks Directory Find actively traded stocks across global markets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
The data published in FARO Technologies' official financial statements usually reflect FARO Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of FARO Technologies. For example, before you start analyzing numbers published by FARO accountants, it's critical to develop an understanding of what FARO Technologies' liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of FARO Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, FARO Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in FARO Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of FARO Technologies. Please utilize our Beneish M Score to check the likelihood of FARO Technologies' management manipulating its earnings.