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Technology - Hardware, Equipment & Parts - NASDAQ - US
$ 24.15
1.09 %
$ 458 M
Market Cap
-51.38
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FARO stock under the worst case scenario is HIDDEN Compared to the current market price of 24.1 USD, FARO Technologies, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FARO stock under the base case scenario is HIDDEN Compared to the current market price of 24.1 USD, FARO Technologies, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FARO stock under the best case scenario is HIDDEN Compared to the current market price of 24.1 USD, FARO Technologies, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FARO

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$34.0$34.0$32.0$32.0$30.0$30.0$28.0$28.0$26.0$26.0$24.0$24.0$22.0$22.0$20.0$20.0$18.0$18.0$16.0$16.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
342 M REVENUE
-4.57%
3.33 M OPERATING INCOME
106.72%
-9.07 M NET INCOME
83.98%
30.6 M OPERATING CASH FLOW
2749.21%
-3.19 M INVESTING CASH FLOW
90.47%
-12.9 M FINANCING CASH FLOW
-18.03%
93.5 M REVENUE
13.29%
4.72 M OPERATING INCOME
118.35%
-986 K NET INCOME
-241.18%
17.3 M OPERATING CASH FLOW
572.66%
-14.8 M INVESTING CASH FLOW
-348.89%
-20 K FINANCING CASH FLOW
99.80%
Balance Sheet FARO Technologies, Inc.
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Current Assets 248 M
Cash & Short-Term Investments 98.7 M
Receivables 87 M
Other Current Assets 62.4 M
Non-Current Assets 235 M
Long-Term Investments 0
PP&E 34.6 M
Other Non-Current Assets 200 M
20.43 %18.02 %12.93 %7.17 %41.45 %Total Assets$483.0m
Current Liabilities 113 M
Accounts Payable 27.3 M
Short-Term Debt 8.95 M
Other Current Liabilities 76.6 M
Non-Current Liabilities 121 M
Long-Term Debt 84.3 M
Other Non-Current Liabilities 36.2 M
11.71 %3.83 %32.81 %36.13 %15.52 %Total Liabilities$233.4m
EFFICIENCY
Earnings Waterfall FARO Technologies, Inc.
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Revenue 342 M
Cost Of Revenue 155 M
Gross Profit 187 M
Operating Expenses 184 M
Operating Income 3.33 M
Other Expenses 12.4 M
Net Income -9.07 M
350m350m300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)342m(155m)187m(184m)3m(12m)(9m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
54.65% GROSS MARGIN
54.65%
0.97% OPERATING MARGIN
0.97%
-2.65% NET MARGIN
-2.65%
-3.63% ROE
-3.63%
-1.88% ROA
-1.88%
8.52% ROIC
8.52%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis FARO Technologies, Inc.
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30m30m20m20m10m10m00(10m)(10m)(20m)(20m)(30m)(30m)(40m)(40m)(50m)(50m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -9.07 M
Depreciation & Amortization 15.7 M
Capital Expenditures -5.84 M
Stock-Based Compensation 11.7 M
Change in Working Capital 0
Others 12.3 M
Free Cash Flow 24.8 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets FARO Technologies, Inc.
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Wall Street analysts predict an average 1-year price target for FARO of $31 , with forecasts ranging from a low of $24 to a high of $50 .
FARO Lowest Price Target Wall Street Target
24 USD -0.62%
FARO Average Price Target Wall Street Target
31 USD 28.36%
FARO Highest Price Target Wall Street Target
50 USD 107.04%
Price
Max Price Target
Min Price Target
Average Price Target
505045454040353530302525202015151010May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 13
6. Ownership
Insider Ownership FARO Technologies, Inc.
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Sold
0-3 MONTHS
374 K USD 3
3-6 MONTHS
238 K USD 2
6-9 MONTHS
482 K USD 2
9-12 MONTHS
686 K USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
LiDAR Market and Company Analysis 2025-2033: Industry to Quintuple in Size by 2033, Reaching $12.81 Billion, Led by Faro Technologies, Hexagon, and Vaisala Dublin, March 11, 2025 (GLOBE NEWSWIRE) -- The "LiDAR Market by Types, Components, Application, Technology, Range, Countries and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering. The LiDAR market is expected to grow from US$2.31 billion in 2024 to US$12.81 billion by 2033, with a compound annual growth rate (CAGR) of 20.95% from 2025 to 2033. The growth is attributed to the increasing demand for LiDAR technology in automotive (for autonomous vehicles), construction, agriculture, and geospatial mapping. The technological advancements and increasing adoption of 3D mapping are also contributing to the growth of the market. globenewswire.com - 1 month ago
FARO Announces Fourth Quarter and Full Year 2024 Financial Results LAKE MARY, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2024. globenewswire.com - 1 month ago
Topcon and FARO Technologies Announce Strategic Agreement in Laser Scanning Technology LIVERMORE, Calif.--(BUSINESS WIRE)-- #construction--Topcon Corporation and FARO Technologies have announced a strategic agreement to develop and distribute innovative solutions in the laser scanning market. The agreement is expected to expand access to cutting-edge digital reality solutions and result in complementary product developments, such as the seamless integration of Topcon and Sokkia solutions with FARO's solutions. Building on this collaboration will strengthen both companies' offerings and provide a. businesswire.com - 2 months ago
FARO to Announce Financial Results for the Fourth Quarter and Year End 2024 on February 24, 2025 LAKE MARY, Fla., Feb. 17, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Monday, February 24, 2025, it will release its financial results for the fourth quarter and full year ended December 31, 2024. In conjunction with the release, Peter Lau, President and Chief Executive Officer, and Matthew Horwath, Senior Vice President and Chief Financial Officer, will host a conference call on Monday, February 24, 2025, at 4:30 pm. ET.                                                              Interested parties can access the conference call by dialing +1 800-579-2543 (U.S.) or +1 785-424-1789 (International) and using the passcode FARO. To avoid a delay in connecting to the call, please dial in 10 minutes prior to the start time. A live webcast will be available in the Investor Relations section of FARO's website at: https://www.faro.com/about-faro/investor-relations/events globenewswire.com - 2 months ago
FARO Technologies Pushes 3D Metrology Forward with New FARO Leap ST Lake Mary, Fla, Jan. 23, 2025 (GLOBE NEWSWIRE) -- FARO® Technologies, Inc. (Nasdaq: FARO) has entered a new category of handheld scanning with the launch of FARO Leap ST ®. The new handheld solution expands the company's product portfolio, making FARO one of the few companies offering customers a complete range of portable 3D metrology devices. globenewswire.com - 2 months ago
The Top 6 AI Stocks For 2025 AI fever has helped power a two-year bull run on Wall Street as investors bet heavily on tech companies leveraging AI's power, a market projected to reach $1.36T by 2032. Not all AI stocks are created equal, as evidenced by AI ETFs, registering mixed performance amid some stretched tech valuations. Investors must choose carefully. SA Quant has identified six top AI stocks (three large and three "SMID" caps) with solid valuations and high earnings growth potential. seekingalpha.com - 3 months ago
Top 3 Cutting-Edge Micro-Caps Set for 2025 Growth As 2025 approaches, several promising micro-cap stocks are gaining attention for their potential to disrupt key industries. These companies, though small in market size, are making significant strides with innovative technologies and strategic advancements. marketbeat.com - 4 months ago
FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript FARO Technologies, Inc. (FARO) Q3 2024 Earnings Call Transcript seekingalpha.com - 5 months ago
FARO Announces Third Quarter Financial Results Revenue of $82.6 million, at the upper end of guidance range Gross margin of 55.7%; Non-GAAP gross margin 56.1%, above guidance range Loss per share of $(0.02); Non-GAAP earnings per share ("EPS") of $0.21, above guidance range Cash flow from operations of $2.6 million Share repurchases of $10 million during the quarter LAKE MARY, Fla. , Nov. 6, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced its financial results for the third quarter ended September 30, 2024. prnewswire.com - 5 months ago
FARO to Announce Financial Results for the Third Quarter 2024 on November 6, 2024 LAKE MARY, Fla. , Oct. 23, 2024 /PRNewswire/ -- FARO® Technologies, Inc. (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced that after market close on Wednesday, November 6, 2024, it will release its financial results for the third quarter ended September 30, 2024. prnewswire.com - 5 months ago
FARO Technologies Appoints Phillip Delnick as Senior Vice President, Global Sales LAKE MARY, Fla. , Oct. 18, 2024 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader in 4D digital reality solutions, today announced the appointment of Phillip Delnick to lead FARO's global sales organization as its SVP, Global Sales, effective October 21, 2024. prnewswire.com - 6 months ago
FARO Introduces New Range Capabilities in Focus Laser Scanner Update New FARO Focus Premium Max leads refreshed lineup LAKE MARY, Fla. , Oct. 15, 2024 /PRNewswire/ -- FARO Technologies, Inc. (Nasdaq: FARO) has launched the next generation in the FARO Focus 3D Laser Scanner portfolio. prnewswire.com - 6 months ago
8. Profile Summary

FARO Technologies, Inc. FARO

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COUNTRY US
INDUSTRY Hardware, Equipment & Parts
MARKET CAP $ 458 M
Dividend Yield 0.00%
Description FARO Technologies, Inc. designs, develops, manufactures, markets, and supports software driven three-dimensional measurement, imaging, and realization solutions in North America, South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers FaroArm, a combination of a portable articulated measurement arm, a computer, and CAM2 software programs; FARO Laser Tracker, a combination of a portable large-volume laser measurement tool, a computer, and CAM2 software programs; FARO Laser Projector, which provides a virtual template that operators and assemblers can use to quickly and accurate position components; and FARO Laser Scanning Portfolio to measure and collect a cloud of data points. It also provides FARO ScanPlan, a handheld mapper that captures two-dimensional floor plans; and FARO Software, a software solution that integrate with FARO hardware products to merge data and provide collaborative workflows and applications. The company offers its products for metrology, reverse engineering, factory automation, building information modeling, public safety, and other applications. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.
Contact 250 Technology Park, Lake Mary, FL, 32746 https://www.faro.com
IPO Date Sept. 18, 1997
Employees 1181
Officers Mr. Phillip Delnick Senior Vice President of Global Sales Ms. Malvika Jhangiani Senior Vice President & Chief Human Resources Officer Mr. Matthew Horwath Senior Vice President & Chief Financial Officer Mr. Roger Isern Chief Digital Officer Mr. Peter James Lau Chief Executive Officer, President & Director Mr. Jason Pollock Chief Operating Officer Mr. David Wilson J.D. Senior Vice President & General Counsel Mr. Oliver Zweigle Ph.D. Senior Vice President of Engineering & Chief Technology Officer Ms. Arianne Boyer Vice President & Chief Transformation Officer Ms. Shelley Gretlein Senior Vice President of Building Insights