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FARO Technologies (FARO) Competitors

FARO Technologies logo
$43.99 0.00 (0.00%)
As of 07/21/2025

FARO vs. DAKT, MLAB, VPG, COHR, CGNX, ITRI, BMI, OSIS, AGYS, and SIMO

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), Cognex (CGNX), Itron (ITRI), Badger Meter (BMI), OSI Systems (OSIS), Agilysys (AGYS), and Silicon Motion Technology (SIMO).

FARO Technologies vs. Its Competitors

FARO Technologies (NASDAQ:FARO) and Daktronics (NASDAQ:DAKT) are both small-cap electronic equipment & instruments companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, institutional ownership, dividends, risk, earnings, media sentiment and valuation.

FARO Technologies has a beta of 1.63, meaning that its stock price is 63% more volatile than the S&P 500. Comparatively, Daktronics has a beta of 1.65, meaning that its stock price is 65% more volatile than the S&P 500.

FARO Technologies has a net margin of -0.26% compared to Daktronics' net margin of -1.34%. Daktronics' return on equity of 15.29% beat FARO Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
FARO Technologies-0.26% -0.35% -0.18%
Daktronics -1.34%15.29%7.48%

In the previous week, Daktronics had 5 more articles in the media than FARO Technologies. MarketBeat recorded 5 mentions for Daktronics and 0 mentions for FARO Technologies. Daktronics' average media sentiment score of 0.97 beat FARO Technologies' score of 0.00 indicating that Daktronics is being referred to more favorably in the news media.

Company Overall Sentiment
FARO Technologies Neutral
Daktronics Positive

FARO Technologies has higher earnings, but lower revenue than Daktronics. 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$342.43M2.48-$9.07M-$0.05-879.80
Daktronics$756.48M1.14-$10.12M-$0.44-40.01

97.2% of FARO Technologies shares are held by institutional investors. Comparatively, 61.7% of Daktronics shares are held by institutional investors. 2.1% 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 endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

FARO Technologies presently has a consensus target price of $35.50, indicating a potential downside of 19.30%. Daktronics has a consensus target price of $26.00, indicating a potential upside of 47.69%. Given Daktronics' stronger consensus rating and higher possible 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)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Daktronics
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50

Summary

Daktronics beats FARO Technologies on 12 of the 17 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 FARO 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 TechnologiesCOMP IndustryComputer SectorNASDAQ Exchange
Market Cap$849.89M$52.90B$29.79B$9.81B
Dividend YieldN/A1.88%3.11%4.14%
P/E Ratio-879.8035.8751.9225.63
Price / Sales2.4821.011,372.06174.62
Price / Cash115.9350.4635.5358.50
Price / Book3.344.439.246.05
Net Income-$9.07M$877.73M$803.11M$265.11M
7 Day PerformanceN/A0.96%1.27%2.55%
1 Month Performance0.11%-1.35%1.12%3.62%
1 Year Performance184.17%51.27%24,041.43%26.43%

FARO Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FARO
FARO Technologies
1.5265 of 5 stars
$43.99
flat
$35.50
-19.3%
N/A$849.89M$342.43M-879.801,232
DAKT
Daktronics
4.4822 of 5 stars
$16.69
+3.7%
$26.00
+55.8%
+25.4%$790.23M$756.48M-37.932,702
MLAB
Mesa Laboratories
3.6449 of 5 stars
$76.50
+2.1%
$130.00
+69.9%
-46.0%$412.11M$240.98M-206.76680
VPG
Vishay Precision Group
1.3317 of 5 stars
$25.96
+0.6%
$28.50
+9.8%
+1.5%$342.03M$297.48M112.872,200
COHR
Coherent
3.4015 of 5 stars
$106.64
+3.7%
$105.40
-1.2%
+74.5%$15.98B$4.71B-463.6526,157News Coverage
Analyst Forecast
Gap Up
CGNX
Cognex
4.471 of 5 stars
$41.43
+2.4%
$42.31
+2.1%
+9.6%$6.79B$914.52M58.352,914
ITRI
Itron
4.3553 of 5 stars
$125.75
+2.1%
$134.58
+7.0%
+33.4%$5.63B$2.44B21.505,788
BMI
Badger Meter
4.4038 of 5 stars
$185.90
+2.5%
$238.40
+28.2%
+0.9%$5.34B$826.56M40.502,210Positive News
Dividend Increase
OSIS
OSI Systems
3.4686 of 5 stars
$221.69
+1.0%
$228.33
+3.0%
+68.3%$3.69B$1.54B26.976,681Positive News
Upcoming Earnings
AGYS
Agilysys
1.7863 of 5 stars
$118.75
+3.3%
$120.86
+1.8%
-1.1%$3.22B$275.62M237.502,200Positive News
SIMO
Silicon Motion Technology
4.3553 of 5 stars
$76.51
+0.1%
$87.78
+14.7%
+27.2%$2.60B$803.55M32.281,819Positive News

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This page (NASDAQ:FARO) was last updated on 8/13/2025 by MarketBeat.com Staff
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