Q1 Earnings Forecast for FormFactor Issued By Zacks Research

FormFactor, Inc. (NASDAQ:FORM) – Equities research analysts at Zacks Research raised their Q1 2026 earnings per share (EPS) estimates for FormFactor in a research report issued to clients and investors on Wednesday, February 25th. Zacks Research analyst Team now forecasts that the semiconductor company will earn $0.32 per share for the quarter, up from their prior estimate of $0.18. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for FormFactor’s current full-year earnings is $0.90 per share. Zacks Research also issued estimates for FormFactor’s Q2 2026 earnings at $0.27 EPS, Q4 2026 earnings at $0.29 EPS, FY2026 earnings at $1.18 EPS, Q1 2027 earnings at $0.39 EPS, Q2 2027 earnings at $0.38 EPS, Q3 2027 earnings at $0.39 EPS and FY2027 earnings at $1.58 EPS.

Several other equities research analysts have also recently weighed in on FORM. Evercore increased their price objective on FormFactor from $50.00 to $80.00 and gave the stock an “in-line” rating in a report on Thursday, February 5th. Piper Sandler set a $100.00 price target on FormFactor in a research note on Monday, February 2nd. B. Riley Financial reissued a “buy” rating on shares of FormFactor in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FormFactor in a research report on Thursday, January 22nd. Finally, Stifel Nicolaus boosted their price target on shares of FormFactor from $65.00 to $75.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, FormFactor presently has a consensus rating of “Moderate Buy” and an average price target of $80.91.

FormFactor Stock Performance

FormFactor stock opened at $92.78 on Monday. The company has a current ratio of 4.50, a quick ratio of 3.60 and a debt-to-equity ratio of 0.01. The firm has a market cap of $7.23 billion, a P/E ratio of 134.47 and a beta of 1.03. FormFactor has a 1-year low of $22.58 and a 1-year high of $107.04. The firm has a 50-day moving average of $78.89 and a 200-day moving average of $55.91.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.11. The company had revenue of $215.16 million during the quarter, compared to analyst estimates of $210.29 million. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The firm’s revenue was up 13.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.27 EPS. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS.

Insider Buying and Selling

In related news, CEO Mike Slessor sold 8,664 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $94.14, for a total transaction of $815,628.96. Following the completion of the transaction, the chief executive officer owned 471,086 shares of the company’s stock, valued at $44,348,036.04. This trade represents a 1.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kelley Steven-Waiss sold 2,200 shares of the stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $93.70, for a total value of $206,140.00. Following the completion of the sale, the director directly owned 30,579 shares in the company, valued at approximately $2,865,252.30. This represents a 6.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 99,862 shares of company stock worth $7,722,252 over the last three months. Corporate insiders own 0.96% of the company’s stock.

Institutional Investors Weigh In On FormFactor

A number of institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC purchased a new stake in FormFactor during the third quarter valued at $508,000. Reinhart Partners LLC. increased its position in shares of FormFactor by 26.3% during the 3rd quarter. Reinhart Partners LLC. now owns 2,404,854 shares of the semiconductor company’s stock valued at $87,585,000 after purchasing an additional 500,156 shares during the last quarter. Edgestream Partners L.P. bought a new position in shares of FormFactor in the 2nd quarter worth approximately $4,715,000. ProShare Advisors LLC lifted its stake in shares of FormFactor by 68.8% in the 3rd quarter. ProShare Advisors LLC now owns 29,336 shares of the semiconductor company’s stock worth $1,068,000 after purchasing an additional 11,956 shares during the period. Finally, Atria Investments Inc purchased a new position in shares of FormFactor in the second quarter worth approximately $218,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

FormFactor Company Profile

FormFactor, Inc (NASDAQ:FORM) is a leading provider of advanced test and measurement solutions for the semiconductor industry. The company specializes in the design, development and manufacture of high-performance wafer-level and package-level test interfaces used in wafer sort, characterization, reliability and failure analysis applications. By leveraging precision microelectromechanical systems (MEMS) and photolithographic processes, FormFactor delivers probe cards, analytical probes and test sockets that enable device makers to validate next-generation integrated circuits across logic, memory, RF, analog and power applications.

FormFactor’s product portfolio includes custom probe cards for wafer probers, TEM-based analytical probes for material and device characterization, and socket solutions for burn-in and final test of packaged devices.