Top Page
Faro Technologies
(NASDAQ:FARO)
Faro Technologies (FARO) vs. SPDR S&P 500 ETF (SPY)
Faro Technologies Business Overview & Revenue Model
Faro Technologies Earnings Call Summary
Faro Technologies Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 342.43M | 358.83M | 345.76M | 337.81M | 303.77M |
| Gross Profit | 187.15M | 165.00M | 175.76M | 183.93M | 159.85M |
| EBITDA | 18.35M | -35.23M | -7.55M | 5.18M | -16.23M |
| Net Income | -9.07M | -56.58M | -26.76M | -39.96M | 629.00K |
Balance Sheet | |||||
| Total Assets | 483.00M | 504.69M | 473.35M | 479.74M | 525.59M |
| Cash, Cash Equivalents and Short-Term Investments | 98.70M | 96.28M | 37.81M | 121.99M | 185.63M |
| Total Debt | 88.80M | 89.03M | 20.36M | 24.39M | 27.97M |
| Total Liabilities | 233.40M | 236.09M | 162.30M | 153.28M | 165.29M |
| Stockholders Equity | 249.61M | 268.61M | 311.05M | 326.46M | 360.30M |
Cash Flow | |||||
| Free Cash Flow | 24.79M | -12.92M | -41.79M | -25.42M | 15.32M |
| Operating Cash Flow | 30.63M | 1.07M | -24.86M | -13.48M | 21.39M |
| Investing Cash Flow | -3.19M | -33.49M | -49.90M | -45.74M | 13.91M |
| Financing Cash Flow | -12.85M | 71.28M | -997.00K | 1.58M | 11.06M |
Faro Technologies Technical Analysis
Faro Technologies Risk Analysis
Faro Technologies Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $664.97M | 66.45 | 3.64% | 0.30% | -10.99% | -61.37% | |
72 Outperform | $538.58M | 25.33 | 10.42% | 1.11% | 17.89% | -23.37% | |
64 Neutral | $1.52B | ― | -56.81% | ― | 28.04% | 64.81% | |
57 Neutral | HK$14.57B | 5.76 | -5.77% | 4.75% | 9.65% | -43.80% | |
56 Neutral | $849.75M | ― | -0.34% | ― | -4.76% | 97.93% | |
53 Neutral | $373.89M | ― | -135.21% | ― | -41.76% | 5.56% | |
51 Neutral | $255.14M | ― | -67.89% | ― | 16.47% | 27.22% |
Faro Technologies Corporate Events
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.
On July 15, 2025, FARO Technologies announced that its shareholders overwhelmingly approved the proposed merger with AMETEK, Inc. at a Special Meeting. Over 99% of votes cast were in favor of the merger, which will result in FARO shareholders receiving $44 in cash per share. The transaction is expected to close in the second half of 2025, pending customary closing conditions and regulatory approvals.
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.
On May 5, 2025, FARO Technologies entered into a merger agreement with AMETEK, Inc., where FARO will become a wholly-owned subsidiary of AMETEK. Following the merger announcement, FARO faced litigation from shareholders alleging insufficient disclosures in the proxy statement related to the merger. To mitigate potential delays and costs associated with these legal challenges, FARO has voluntarily amended its proxy statement, although it maintains that the original disclosures were compliant with all applicable laws. The merger has received antitrust clearances from several jurisdictions, with approval still pending in Romania.
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.
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.
On May 5, 2025, FARO Technologies entered into a merger agreement with AMETEK, Inc., where FARO will become a wholly-owned subsidiary of AMETEK. The merger, expected to close in the second half of 2025, involves a cash consideration of $44.00 per share for FARO’s shareholders. The agreement includes several conditions, such as shareholder approval and regulatory clearances, and outlines the treatment of FARO’s stock options and restricted stock units. The merger aims to enhance FARO’s market positioning and operational efficiency, with potential implications for its stakeholders, including changes in stock listing and corporate structure.
On May 5, 2025, FARO Technologies announced a merger agreement with Ametek, Inc., where Ametek will acquire all outstanding shares of FARO for $44 per share, valuing the transaction at approximately $920 million. This acquisition, approved by both companies’ boards, is expected to enhance Ametek’s presence in growth markets and is anticipated to close in the second half of 2025, pending customary conditions and shareholder approval.