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FARO Technologies (FARO) Competitors

FARO Technologies logo
$30.81 +1.19 (+4.02%)
Closing price 05/2/2025 04:00 PM Eastern
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$30.81 0.00 (0.00%)
As of 05/2/2025 06:12 PM Eastern
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FARO vs. DAKT, MLAB, VPG, COHR, BMI, ITRI, CGNX, OSIS, QSI, and MASS

Should you be buying FARO Technologies stock or one of its competitors? The main competitors of FARO Technologies include Daktronics (DAKT), Mesa Laboratories (MLAB), Vishay Precision Group (VPG), Coherent (COHR), Badger Meter (BMI), Itron (ITRI), Cognex (CGNX), OSI Systems (OSIS), Quantum-Si (QSI), and 908 Devices (MASS).

FARO Technologies vs.

FARO Technologies (NASDAQ:FARO) and Daktronics (NASDAQ:DAKT) are both small-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, media sentiment, risk, earnings, analyst recommendations, dividends, community ranking, institutional ownership and profitability.

97.2% of FARO Technologies shares are held by institutional investors. Comparatively, 61.7% of Daktronics shares are held by institutional investors. 2.4% of FARO Technologies shares are held by company insiders. Comparatively, 5.2% of Daktronics shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Daktronics has higher revenue and earnings than FARO Technologies. FARO Technologies is trading at a lower price-to-earnings ratio than Daktronics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FARO Technologies$341.05M1.74-$56.58M-$0.05-616.20
Daktronics$799.81M0.88$34.62M-$0.20-67.10

FARO Technologies presently has a consensus price target of $35.50, indicating a potential upside of 15.22%. Daktronics has a consensus price target of $26.00, indicating a potential upside of 93.74%. Given Daktronics' stronger consensus rating and higher probable upside, analysts clearly believe Daktronics is more favorable than FARO Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FARO Technologies
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Daktronics
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50

Daktronics has a net margin of 3.62% compared to FARO Technologies' net margin of -1.87%. Daktronics' return on equity of 19.61% beat FARO Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
FARO Technologies-1.87% -2.49% -1.32%
Daktronics 3.62%19.61%8.96%

FARO Technologies received 144 more outperform votes than Daktronics when rated by MarketBeat users. However, 64.13% of users gave Daktronics an outperform vote while only 63.23% of users gave FARO Technologies an outperform vote.

CompanyUnderperformOutperform
FARO TechnologiesOutperform Votes
380
63.23%
Underperform Votes
221
36.77%
DaktronicsOutperform Votes
236
64.13%
Underperform Votes
132
35.87%

In the previous week, FARO Technologies had 4 more articles in the media than Daktronics. MarketBeat recorded 6 mentions for FARO Technologies and 2 mentions for Daktronics. FARO Technologies' average media sentiment score of 0.69 beat Daktronics' score of 0.31 indicating that FARO Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
FARO Technologies
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Daktronics
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

FARO Technologies has a beta of 1.49, meaning that its share price is 49% more volatile than the S&P 500. Comparatively, Daktronics has a beta of 1.34, meaning that its share price is 34% more volatile than the S&P 500.

Summary

Daktronics beats FARO Technologies on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FARO vs. The Competition

MetricFARO TechnologiesMeasuring & controlling devices IndustryComputer SectorNASDAQ Exchange
Market Cap$592.35M$15.38B$23.84B$8.04B
Dividend YieldN/A3.41%2.96%4.22%
P/E Ratio-88.0315.4342.7918.83
Price / Sales1.749.322,007.34106.72
Price / CashN/A17.3834.7734.62
Price / Book2.172.616.314.33
Net Income-$56.58M$538.63M$736.77M$247.97M
7 Day Performance-2.07%1.60%2.85%3.18%
1 Month Performance24.18%6.82%7.48%8.13%
1 Year Performance69.66%-1.35%52,509.23%5.01%

FARO Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FARO
FARO Technologies
2.6771 of 5 stars
$30.81
+4.0%
$35.50
+15.2%
+67.9%$592.35M$341.05M-88.031,490
DAKT
Daktronics
4.7587 of 5 stars
$12.52
-0.3%
$26.00
+107.7%
+32.6%$655.26M$799.81M50.082,480
MLAB
Mesa Laboratories
1.7869 of 5 stars
$117.11
+0.5%
$140.00
+19.5%
+5.0%$636.38M$237.75M-2.53680Short Interest ↑
News Coverage
Positive News
VPG
Vishay Precision Group
1.8883 of 5 stars
$22.11
+1.0%
$28.50
+28.9%
-22.2%$293.11M$306.52M29.882,700Upcoming Earnings
Short Interest ↑
COHR
Coherent
4.1423 of 5 stars
$64.78
+0.4%
$103.27
+59.4%
+29.4%$10.04B$5.31B-158.0023,700Gap Up
BMI
Badger Meter
3.3065 of 5 stars
$215.89
-0.2%
$229.80
+6.4%
+22.8%$6.36B$852.49M51.041,980Dividend Announcement
Positive News
ITRI
Itron
4.2314 of 5 stars
$109.10
-1.2%
$127.64
+17.0%
+8.4%$4.97B$2.44B22.365,480Earnings Report
News Coverage
CGNX
Cognex
4.7409 of 5 stars
$26.92
+2.9%
$42.23
+56.9%
-35.8%$4.56B$914.52M44.132,440Dividend Announcement
Analyst Forecast
Short Interest ↑
News Coverage
Positive News
OSIS
OSI Systems
3.3267 of 5 stars
$201.50
-0.1%
$213.33
+5.9%
+65.7%$3.38B$1.65B25.936,300Earnings Report
Analyst Forecast
News Coverage
QSI
Quantum-Si
2.3014 of 5 stars
$1.21
-1.6%
$3.48
+187.2%
-28.4%$221.60M$3.06M-1.89150Upcoming Earnings
Gap Down
MASS
908 Devices
1.1334 of 5 stars
$5.33
-1.5%
$5.33
+0.1%
-1.2%$188.31M$59.63M-3.0160

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This page (NASDAQ:FARO) was last updated on 5/3/2025 by MarketBeat.com Staff
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