Faro Technologies (NASDAQ:FARO) Bolsa

FARO TECHNOLOGIES INC

Faro Technologies

Faro Technologies Inc is a technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.

Faro Technologies Inc

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the <a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Read Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/25/05/45171636/exclusive-aprils-20-most-searched-tickers-on-benzinga-pro-where-do-tesla-apple-palantir-nvidia-stocks-rank" target="_blank" rel="noreferrer noopener">EXCLUSIVE: April's 20 Most-Searched Tickers On Benzinga Pro — Where Do Tesla, Apple, Palantir, Nvidia Stocks Rank?</a>
Here&#8217;s a look at the Benzinga Stock Whisper Index for the week ending May 23:
Halozyme Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HALO#NASDAQ">HALO</a>): The biotech company saw increased interest from readers during the week, which comes a couple weeks after first-quarter financial results. The company <a href="https://ir.halozyme.com/news/news-details/2025/HALOZYME-RAISES-2025-FINANCIAL-GUIDANCE-RANGES-AND-REPORTS-STRONG-FIRST-QUARTER-2025-RESULTS/default.aspx">beat </a>analyst estimates for both earnings per share and revenue in the quarter. Halozyme also announced a new $250 million share buyback and raised full-year guidance. The company highlighted three blockbuster brands and four recently launched products. The company sees several growth catalysts coming in the future months through owned drugs and partnerships. Analysts were mixed on the stock after financial results with Morgan Stanley<a href="https://www.benzinga.com/quote/HALO/analyst-ratings"> downgrading the stock</a> and Wells Fargo raising the price target. The stock was up around 5% over the last week, as shown on the <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0523">Benzinga Pro chart</a> below.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0523"><img loading="lazy" decoding="async" width="995" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173420/Screenshot-424.png" alt="" class="wp-image-926666" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173420/Screenshot-424.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173420/Screenshot-424-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173420/Screenshot-424-768x387.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Tradeweb Markets Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TW#NASDAQ">TW</a>): The fixed income trading company saw increased interest from readers during the week. The company <a href="https://investors.tradeweb.com/news-releases/news-release-details/tradeweb-reports-april-2025-total-trading-volume-578-trillion">reported </a>April metrics recently with average daily volume for the month hitting $2.7 trillion, up 38.6% year-over-year. Tradeweb saw several records in the month including average daily volume for US government bonds, municipal bonds, US ETFs and more. Tradeweb analysts have <a href="https://www.benzinga.com/quote/TW/analyst-ratings">raised the price targets</a> on the stock and this one could be one to watch in June with the company presenting at the Piper Sandler conference on June 5. The company's next quarterly results could see strong results and raised guidance if the trends from April continue.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0523"><img loading="lazy" decoding="async" width="997" height="499" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173438/Screenshot-425.png" alt="" class="wp-image-926667" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173438/Screenshot-425.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173438/Screenshot-425-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173438/Screenshot-425-768x384.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
AMETEK Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AME#NYSE">AME</a>): The autonomous industrial company saw strong interest during the week, likely due to a recently announced acquisition and quarterly financial results. AMETEK's first quarter <a href="https://investors.ametek.com/news-releases/news-release-details/ametek-announces-first-quarter-results-3">saw </a>earnings per share beat analyst estimates, marking more than 10 straight quarters of beats, while sales just missed analyst estimates. The company said it was pleased with the first quarter and despite headwinds like macro uncertainties and tariffs, sees a strong fiscal year. The company also announced it will <a href="https://investors.ametek.com/news-releases/news-release-details/ametek-acquire-faro-technologies">acquire </a>FARO Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) at an enterprise value of $920 million. The acquisition will be done using stock and cash and is expected to boost its precision segment. Faro has annual sales of around $340 million. The earnings and acquisition saw interest increase in the company, which puts this one on the watchlist as its operations with autonomous tools could be one of the fast-growing segments.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0523"><img loading="lazy" decoding="async" width="999" height="504" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173451/Screenshot-426.png" alt="" class="wp-image-926668" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173451/Screenshot-426.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173451/Screenshot-426-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173451/Screenshot-426-768x387.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Alliant Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNT#NASDAQ">LNT</a>): The utility company <a href="https://investors.alliantenergy.com/News--Presentations/news/news-details/2025/Alliant-Energy-Announces-First-Quarter-2025-Results/default.aspx">reported </a>first-quarter financial results on May 8 with earnings per share and revenue beating analyst estimates, marking three straight quarters of double beats. The company also reaffirmed its full-year guidance and announced new details on financing plans. The company owns Interstate Power and Light Company and Wisconsin Power and Light Company, providing electric to around one million customers and natural gas to around 430,000 customers in the Midwest. Jeffries <a href="https://www.benzinga.com/quote/LNT/analyst-ratings">upgraded the stock</a> from Hold to Buy after the financial results.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0523"><img loading="lazy" decoding="async" width="997" height="499" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173504/Screenshot-427.png" alt="" class="wp-image-926669" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173504/Screenshot-427.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173504/Screenshot-427-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173504/Screenshot-427-768x384.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Ares Acquisition Corporation II (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AACT#NYSE">AACT</a>): Several SPACs saw increased interest from readers during the week and higher share prices. Ares Acquisition<a href="https://www.benzinga.com/markets/equities/25/04/44809515/george-soros-cathie-wood-backed-autonomous-trucking-firm-kodiak-robotics-set-to-go-public-via-spac-merger-to-tap-4-trillion-market"> announced a merger</a> with autonomous trucking company Kodiak Robotics. Increased interest for the SPAC could be due to the autonomous space seeing a boost from a recent test drive from Aurora and anticipation for Tesla's robotaxi launch in June. Kodiak says it has logged over 2.6 million autonomous driving miles in "real-world conditions." Investors in the company and SPAC merger deal includes Ares, Soros Fund Management and Ark Investments. The merger is expected to be completed in the second half of 2025.  
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0523"><img loading="lazy" decoding="async" width="997" height="511" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173526/Screenshot-428.png" alt="" class="wp-image-926670" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173526/Screenshot-428.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173526/Screenshot-428-300x154.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23173526/Screenshot-428-768x394.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Stay tuned for next week's report, and follow Benzinga Pro for all the latest headlines and <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0523" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
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<li><a href="https://www.benzinga.com/trading-ideas/25/04/45029510/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-62" target="_blank" rel="noreferrer noopener">April 25</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/25/05/45183831/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-63" target="_blank" rel="noreferrer noopener">May 2</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/25/05/45335286/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-64" target="_blank" rel="noreferrer noopener">May 9</a></li>
<li><a href="https://www.benzinga.com/trading-ideas/25/05/45482435/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-65">May 16 </a></li>
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Exclusives

Trading Ideas

AACT

FARO

HALO

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Jefferies analyst John Hecht downgraded Discover Financial Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>) from Buy to Hold and announced a $180 price target. Discover Financial shares closed at $188.12 on Tuesday. <a href="https://www.benzinga.com/quote/DFS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst Philip Gibbs downgraded the rating for Materion Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTRN#NYSE">MTRN</a>) from Overweight to Sector Weight. Materion shares closed at $78.28 on Tuesday. <a href="https://www.benzinga.com/quote/MTRN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Matthew Lofting downgraded the rating for Equinor ASA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>) from Overweight to Neutral. Equinor shares closed at $23.27 on Tuesday. <a href="https://www.benzinga.com/quote/EQNR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital analyst John McNulty downgraded Tronox Holdings plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TROX#NYSE">TROX</a>) from Outperform to Market Perform and lowered the price target from $13 to $7. Tronox shares closed at $5.31 on Tuesday. <a href="https://www.benzinga.com/quote/AFRM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham analyst James Ricchiuti downgraded the rating for FARO Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) from Buy to Hold and maintained the price target of $38. Faro Technologies shares closed at $42.36 on Tuesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying DFS stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07081344/image-71-1024x576.png" alt="" class="wp-image-905473" style="width:532px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07081344/image-71-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07081344/image-71-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07081344/image-71-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/07081344/image-71.png 1138w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Photo via Shutterstock

News

Downgrades

Pre-Market Outlook

Markets

Analyst Ratings

EQNR

MTRN

TROX

XENE

This Discover Financial Services Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

Needham analyst James Ricchiuti downgrades Faro Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) from Buy to Hold and maintains the price target from $38 to $38.

Price Target

Needham Downgrades Faro Technologies to Hold, Maintains Price Target to $38

<h3>Gainers</h3>
<ul>
<li>FOXO Technologies (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/FOXO#AMEX">FOXO</a>) stock rose 176.7% to $1.76 during Tuesday's regular session. The market value of their outstanding shares is at $6.3 million. </li>
<li>Marin Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRIN#NASDAQ">MRIN</a>) stock rose 106.88% to $1.31. The market value of their outstanding shares is at $4.1 million. </li>
<li>Pony AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) shares rose 37.96% to $13.38. The company's market cap stands at $4.7 billion. </li>
<li>Faro Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) stock moved upwards by 34.51% to $42.3. The market value of their outstanding shares is at $813.3 million. </li>
<li>CISO Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CISO#NASDAQ">CISO</a>) shares rose 28.8% to $0.74. The market value of their outstanding shares is at $10.7 million. </li>
<li>Saiheat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIH#NASDAQ">SAIH</a>) stock rose 26.32% to $7.87. The market value of their outstanding shares is at $13.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Ichor Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICHR#NASDAQ">ICHR</a>) stock fell 22.9% to $16.08 during Tuesday's regular session. The company's market cap stands at $546.7 million. The company's, Q1 earnings came out yesterday. </li>
<li>DigitalOcean Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCN#NYSE">DOCN</a>) shares declined by 14.57% to $27.99. The company's market cap stands at $2.5 billion. The company's, Q1 earnings came out today. </li>
<li>Weave Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEAV#NYSE">WEAV</a>) shares fell 14.4% to $9.16. The company's market cap stands at $676.9 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Lattice Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>) shares fell 13.62% to $45.32. The company's market cap stands at $6.2 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>Palantir Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) shares declined by 13.19% to $107.45. The market value of their outstanding shares is at $253.5 billion. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Turtle Beach (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBCH#NASDAQ">TBCH</a>) stock fell 12.97% to $9.37. The market value of their outstanding shares is at $188.3 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

CISO

DOCN

FOXO

ICHR

LSCC

MRIN

PLTR

PONY

SAIH

TBCH

WEAV

12 Information Technology Stocks Moving In Tuesday's Intraday Session

U.S. stocks were lower, with the Nasdaq Composite falling over 1% on Tuesday.
Shares of FARO Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) rose sharply during Tuesday's session after the company announced it entered into a definitive agreement to be acquired by AMETEK for an enterprise value of <a href="https://www.benzinga.com/quote/FARO">approximately $920 million</a>.
FARO Technologies shares jumped 34.1% to $42.18 on Tuesday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul>
<li>Regencell Bioscience Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGC#NASDAQ">RGC</a>) shares jumped 42% to $132.09.</li>
<li>Diversified Healthcare Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DHC#NASDAQ">DHC</a>) rose 28% to $2.80 after the company reported first-quarter financial results and beat its FFO and sales estimates.</li>
<li>EVgo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>) gained 28% to $3.55 after the company reported better-than-expected first-quarter sales results and issued FY25 sales guidance with its midpoint above estimates.</li>
<li>ThredUp Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDUP#NASDAQ">TDUP</a>) rose 25.4% to $5.57 after the company reported better-than-expected first-quarter results and raised its FY25 sales guidance.</li>
<li>Ameresco, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NYSE">AMRC</a>) gained 18% to $13.72 after the company reported better-than-expected quarterly financial results and issued FY25 guidance with its midpoint above estimates.</li>
<li>Lindblad Expeditions Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIND#NASDAQ">LIND</a>) rose 17.5% to $10.72 after the company reported a first-quarter sales beat and issued FY25 sales guidance with its midpoint above estimates.</li>
<li>Neurocrine Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIX#NASDAQ">NBIX</a>) gained 12.8% to $123.73 after the company reported better-than-expected first-quarter financial results. Also, Needham maintained a Buy rating on the stock and raised its price target from $138 to $139.</li>
<li>Hims &amp; Hers Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NASDAQ">HIMS</a>) rose 6.2% to $44.49 after the company reported first-quarter financial results. Also, the company issued second-quarter revenue guidance below estimates.</li>
<li>Celanese Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) gained 7.2% to $48.01 following upbeat quarterly results.</li>
<li>Avient Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVNT#NYSE">AVNT</a>) rose 6.4% to $36.19 following quarterly results.</li>
<li>Fresenius Medical Care AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMS#NYSE">FMS</a>) shares climbed 6.4% to $27.27 after the company reported better-than-expected quarterly financial results.</li>
<li>Aramark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARMK#NYSE">ARMK</a>) rose 6.4% to $36.41 following strong quarterly earnings.</li>
</ul>
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Photo via Shutterstock

Intraday Update

AMRC

ARMK

AVNT

EVGO

Hims & Hers Health, Inc. Class A Common Stock

HIMS

LIND

NBIX

TDUP

FARO Technologies, Celanese, Avient, Aramark And Other Big Stocks Moving Higher On Tuesday

WIIM

FARIO Technologies shares are trading higher after the company announced it entered into a definitive agreement to be acquired by AMETEK for an enterprise value of approximately $920 million.

AMETEK, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AME#NYSE">AME</a>) and FARO Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) today announced that they have entered into a definitive agreement under which AMETEK will acquire all outstanding shares of FARO Technologies common stock for $44 per share in cash, which represents an approximate 40% premium to FARO's closing price on May 5, 2025. The transaction values FARO at an enterprise value of approximately $920 million. The boards of directors of both companies have unanimously approved the transaction.
Founded in 1981 and headquartered in Lake Mary, Florida, 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. FARO's precision manufacturing and digital reality solutions serve a diverse range of end markets. The company has annual sales of approximately $340 million.

AMETEK And FARO Technologies Have Entered Into A Definitive Agreement Under Which AMETEK Will Acquire All Outstanding Shares Of FARO Technologies Common Stock For $44 Per Share In Cash, Or An Enterprise Value Of ~$920M

<h3>Gainers</h3>
<ul>
<li>Marin Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRIN#NASDAQ">MRIN</a>) stock increased by 132.2% to $1.47 during Tuesday's pre-market session. The market value of their outstanding shares is at $4.6 million. </li>
<li>Faro Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) shares increased by 36.05% to $42.79. The company's market cap stands at $822.6 million. </li>
<li>SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) stock rose 10.66% to $14.3. The market value of their outstanding shares is at $844.2 million. As per the press release, Q1 earnings came out today. </li>
<li>Pony AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) stock moved upwards by 8.76% to $10.55. The company's market cap stands at $3.7 billion. </li>
<li>Bridgeline Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLIN#NASDAQ">BLIN</a>) stock rose 8.1% to $2.2. The market value of their outstanding shares is at $22.9 million. </li>
<li>Axcelis Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACLS#NASDAQ">ACLS</a>) stock moved upwards by 7.6% to $56.05. The market value of their outstanding shares is at $1.8 billion. The company's, Q1 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Turtle Beach (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBCH#NASDAQ">TBCH</a>) shares declined by 17.1% to $8.92 during Tuesday's pre-market session. The company's market cap stands at $179.4 million. </li>
<li>Ichor Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICHR#NASDAQ">ICHR</a>) stock declined by 14.9% to $17.74. The company's market cap stands at $603.0 million. The company's, Q1 earnings came out yesterday. </li>
<li>LeddarTech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LDTC#NASDAQ">LDTC</a>) stock fell 12.86% to $0.4. The company's market cap stands at $15.0 million. </li>
<li>Jamf Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAMF#NASDAQ">JAMF</a>) shares fell 9.16% to $10.22. The company's market cap stands at $1.3 billion. As per the press release, Q1 earnings came out today. </li>
<li>Palantir Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) shares fell 7.79% to $114.14. The market value of their outstanding shares is at $269.3 billion. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Vishay Precision Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VPG#NYSE">VPG</a>) shares decreased by 7.36% to $23.16. The company's market cap stands at $307.0 million. The company's, Q1 earnings came out today. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Tuesday's Pre-Market Session

AMETEK To Acquire FARO Technologies For $44/Share In $920M Deal, Expanding 3D Measurement Portfolio

Trading Halt: Halt status updated at 7:55:00 AM ET: Quotation Resumption: News and Resumption Times

Trading Halt: Halted at 7:25:00 a.m. ET - Trading Halt: Halt News Pending

Needham analyst James Ricchiuti maintains Faro Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) with a Buy and raises the price target from $37 to $38.

Needham Maintains Buy on Faro Technologies, Raises Price Target to $38

<h3>Gainers</h3>
<ul>
<li>Impinj (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PI#NASDAQ">PI</a>) shares rose 17.5% to $90.55 during Thursday's pre-market session. The company's market cap stands at $2.5 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>ZenaTech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZENA#NASDAQ">ZENA</a>) stock increased by 15.98% to $2.54. The company's market cap stands at $44.8 million. </li>
<li>Wetouch Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WETH#NASDAQ">WETH</a>) stock moved upwards by 12.26% to $1.19. The company's market cap stands at $14.1 million. </li>
<li>Faro Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) stock increased by 11.74% to $29.5. The company's market cap stands at $559.9 million. The company's, Q1 earnings came out today. </li>
<li>Materialise (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTLS#NASDAQ">MTLS</a>) shares increased by 9.93% to $5.09. The market value of their outstanding shares is at $300.6 million. As per the press release, Q1 earnings came out today. </li>
<li>Pony AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) shares moved upwards by 9.76% to $5.96. The company's market cap stands at $2.0 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Bit Origin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOG#NASDAQ">BTOG</a>) stock fell 14.3% to $0.15 during Thursday's pre-market session. The market value of their outstanding shares is at $1.2 million. </li>
<li>Ostin Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) shares decreased by 10.05% to $1.88. The company's market cap stands at $68.6 million. </li>
<li>Mercurity Fintech Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MFH#NASDAQ">MFH</a>) shares declined by 9.4% to $6.01. The market value of their outstanding shares is at $382.4 million. </li>
<li>Nokia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) stock declined by 8.1% to $4.88. The company's market cap stands at $26.3 billion. As per the news, the Q1 earnings report came out today. </li>
<li>Oblong (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OBLG#NASDAQ">OBLG</a>) stock declined by 8.02% to $2.87. The market value of their outstanding shares is at $3.3 million. </li>
<li>XIAO-I (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIXI#NASDAQ">AIXI</a>) shares decreased by 7.95% to $3.13. The company's market cap stands at $33.0 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Thursday's Pre-Market Session

FARO Technologies shares are trading higher after the company reported Q1 sales results and issued Q2 adjusted EPS guidance above estimates.

Outlook for the Second Quarter 2025
For the second quarter ending June 30, 2025, FARO currently expects:
<ul>
<li>Revenue in the range of $79 to $87 million</li>
<li>Gross margin in the range of 56.5% to 58.0%. Non-GAAP gross margin in the range of 57.0% to 58.5%</li>
<li>Operating expenses in the range of $45.0 to $47.0 million. Non-GAAP operating expenses in the range of $38.5 to $40.5 million</li>
<li>Net (loss) income per share in the range of ($0.20) to $0.00. Non-GAAP net income per share in the range of $0.20 to $0.40.</li>
</ul>

Guidance

Faro Technologies Sees Q2 2025 Adj EPS $0.20-$0.40 vs $0.20 Est; Sees Sales $79M-$87M vs $82.83M Est

Earnings

Faro Technologies Q1 2025 Adj. EPS $0.33 May Not Be Comparable To $0.16 Estimate, Sales $82.86M Beat $80.25M Estimate

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Earnings Scheduled For April 24, 2025

Faro Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FARO#NASDAQ">FARO</a>) is set to give its latest quarterly earnings report on Thursday, 2025-04-24. Here's what investors need to know before the announcement.
Analysts estimate that Faro Technologies will report an earnings per share (EPS) of $0.09. 
The market awaits Faro Technologies's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Earnings Track Record</h3>
Last quarter the company beat EPS by $0.10, which was followed by a 17.33% increase in the share price the next day.
Here's a look at Faro Technologies's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.4</td>
<td>0.03</td>
<td>0.01</td>
<td>-0.12</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.5</td>
<td>0.21</td>
<td>0.18</td>
<td>0.09</td>
</tr>
<tr>
<td>Price Change %</td>
<td>17.0%</td>
<td>36.0%</td>
<td>5.0%</td>
<td>-3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1745442198_0.png" alt="eps graph" />
<h3>Performance of Faro Technologies Shares</h3>
Shares of Faro Technologies were trading at $24.09 as of April 22. Over the last 52-week period, shares are up 43.09%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Observations about Faro Technologies</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Faro Technologies.
Analysts have provided Faro Technologies with 1 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $37.0, suggesting a potential 53.59% upside.
<h3>Analyzing Ratings Among Peers</h3>
This comparison focuses on the analyst ratings and average 1-year price targets of Red Cat Hldgs, PowerFleet and Ouster, three major players in the industry, shedding light on their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Outperform trajectory for Red Cat Hldgs, with an average 1-year price target of $13.0, suggesting a potential 46.04% downside.</li>
<li>Analysts currently favor an Outperform trajectory for PowerFleet, with an average 1-year price target of $13.4, suggesting a potential 44.38% downside.</li>
<li>Analysts currently favor an Outperform trajectory for Ouster, with an average 1-year price target of $14.67, suggesting a potential 39.1% downside.</li>
</ul>
<h3>Analysis Summary for Peers</h3>
Within the peer analysis summary, vital metrics for Red Cat Hldgs, PowerFleet and Ouster are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Faro Technologies</td>
<td>Buy</td>
<td>-5.37%</td>
<td>$53.08M</td>
<td>-0.39%</td>
</tr>
<tr>
<td>Red Cat Hldgs</td>
<td>Outperform</td>
<td>-60.96%</td>
<td>$-23.48K</td>
<td>-44.83%</td>
</tr>
<tr>
<td>PowerFleet</td>
<td>Outperform</td>
<td>207.14%</td>
<td>$58.78M</td>
<td>-3.16%</td>
</tr>
<tr>
<td>Ouster</td>
<td>Outperform</td>
<td>23.11%</td>
<td>$13.18M</td>
<td>-13.46%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Faro Technologies ranks at the top for Revenue Growth and Gross Profit among its peers. However, it ranks at the bottom for Return on Equity.
<h3>Unveiling the Story Behind Faro Technologies</h3>
Faro Technologies Inc is a technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&amp;M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.
<h3>Understanding the Numbers: Faro Technologies's Finances</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Decline in Revenue: Over the 3 months period, Faro Technologies faced challenges, resulting in a decline of approximately -5.37% in revenue growth as of 31 December, 2024. This signifies a reduction in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Faro Technologies's net margin excels beyond industry benchmarks, reaching -1.05%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -0.39%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Faro Technologies's ROA excels beyond industry benchmarks, reaching -0.2%. This signifies efficient management of assets and strong financial health.
Debt Management: Faro Technologies's debt-to-equity ratio is below the industry average. With a ratio of 0.36, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<a href="https://www.benzinga.com/quote/FARO/earnings">To track all earnings releases for Faro Technologies visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Look Ahead: Faro Technologies's Earnings Forecast

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Maxeon Solar Technologies, Ltd. - Ordinary Shares

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Shares of companies within the broader technology sector are trading higher amid overall market strength after President Trump said he had no intention of firing Fed Chair Powell. Additionally, Trump indicated the final tariff rate would be less than the current 145% but not 0%.

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Shares of broader tech companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

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