FARO Technologies Holds Annual Shareholder Meeting

Faro Technologies ( (FARO) ) just unveiled an announcement.

On May 21, 2025, FARO Technologies held its Annual Meeting of Shareholders, where four key proposals were voted on. The shareholders elected directors Moonhie Chin and Yuval Wasserman for three-year terms, ratified Grant Thornton LLP as the independent registered public accounting firm for 2025, approved executive compensation on a non-binding basis, and amended the 2022 Equity Incentive Plan to increase shares reserved for issuance by 1.5 million. These decisions reflect strategic moves to strengthen corporate governance and align executive incentives with shareholder interests.

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 presents a mixed outlook. The company struggles with financial performance but benefits from strong market momentum and strategic corporate actions, such as the merger with Ametek. The high valuation remains a concern due to negative earnings, but the positive earnings call and technical indicators suggest potential for future growth.

To see Spark’s full report on FARO stock, click here.

More about Faro Technologies

FARO Technologies, Inc. operates in the technology industry, specializing in 3D measurement and imaging solutions. The company focuses on providing products and services that enhance precision and efficiency in various sectors, including manufacturing, construction, and public safety.

Average Trading Volume: 619,883

Technical Sentiment Signal: Buy

Current Market Cap: $809.4M

For an in-depth examination of FARO stock, go to TipRanks’ Stock Analysis page.