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Faro Technologies ( (FARO) ) has provided an update.
On July 21, 2025, AMETEK, Inc. completed its acquisition of FARO Technologies, Inc. for $44.00 per share in cash, totaling approximately $920 million. As a result, FARO’s common stock will no longer be listed on Nasdaq. The merger is expected to enhance AMETEK’s capabilities in precision measurement and expand its market reach, as FARO joins AMETEK’s Ultra Precision Technologies Division. The acquisition was approved by FARO shareholders and all necessary regulatory bodies, marking a strategic move for AMETEK to strengthen its position in the 3D metrology and digital reality solutions market.
The most recent analyst rating on (FARO) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Faro Technologies stock, see the FARO Stock Forecast page.
Spark’s Take on FARO Stock
According to Spark, TipRanks’ AI Analyst, FARO is a Neutral.
FARO Technologies’ stock score is primarily influenced by its mixed financial performance and strong technical momentum. The positive outcomes from the recent earnings call and corporate events, including a strategic merger, further support the score. However, valuation concerns and ongoing financial challenges temper the overall outlook.
To see Spark’s full report on FARO stock, click here.
More about Faro Technologies
FARO Technologies is a leading provider of 3D measurement and imaging solutions, including portable measurement arms, laser scanners and trackers, software solutions, and comprehensive service offerings. The company serves a diverse range of end markets with its precision manufacturing and digital reality solutions.
Average Trading Volume: 932,009
Technical Sentiment Signal: Buy
Current Market Cap: $849.7M
Find detailed analytics on FARO stock on TipRanks’ Stock Analysis page.