FormFactor, Inc. (NASDAQ:FORM) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of FormFactor, Inc. (NASDAQ:FORM) have been assigned a consensus recommendation of “Moderate Buy” from the thirteen analysts that are presently covering the company, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $80.9091.

A number of analysts recently weighed in on the stock. Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th. TD Cowen boosted their price objective on FormFactor from $50.00 to $80.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. Citigroup upped their target price on FormFactor from $96.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Loop Capital set a $64.00 target price on FormFactor in a report on Tuesday, January 27th. Finally, Piper Sandler set a $100.00 price target on FormFactor in a research report on Monday, February 2nd.

FormFactor Stock Down 6.9%

FORM opened at $92.78 on Friday. The firm has a 50 day moving average price of $78.89 and a 200 day moving average price of $55.91. The company has a market cap of $7.23 billion, a PE 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 company has a debt-to-equity ratio of 0.01, a quick ratio of 3.60 and a current ratio of 4.50.

FormFactor (NASDAQ:FORM) last announced its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.11. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The firm had revenue of $215.16 million for the quarter, compared to analysts’ expectations of $210.29 million. During the same period in the previous year, the company posted $0.27 earnings per share. FormFactor’s revenue was up 13.6% compared to the same quarter last year. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Sell-side analysts expect that FormFactor will post 0.9 earnings per share for the current year.

Insider Buying and Selling at FormFactor

In related news, CEO Mike Slessor sold 39,606 shares of FormFactor stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $65.00, for a total transaction of $2,574,390.00. Following the sale, the chief executive officer owned 485,995 shares of the company’s stock, valued at $31,589,675. The trade was a 7.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Dennis Thomas St sold 7,431 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $93.84, for a total transaction of $697,325.04. Following the completion of the transaction, the director owned 31,526 shares in the company, valued at $2,958,399.84. This represents a 19.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 99,862 shares of company stock valued at $7,722,252. 0.96% of the stock is owned by company insiders.

Institutional Trading of FormFactor

A number of hedge funds and other institutional investors have recently modified their holdings of FORM. Virtu Financial LLC purchased a new position in FormFactor in the fourth quarter valued at about $397,000. T. Rowe Price Investment Management Inc. increased its holdings in FormFactor by 210,121.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 359,479 shares of the semiconductor company’s stock worth $20,052,000 after purchasing an additional 359,308 shares during the last quarter. Invesco Ltd. raised its position in shares of FormFactor by 6.4% in the 4th quarter. Invesco Ltd. now owns 332,927 shares of the semiconductor company’s stock valued at $18,571,000 after purchasing an additional 20,052 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of FormFactor by 2.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company’s stock valued at $419,000 after buying an additional 157 shares during the last quarter. Finally, State of Tennessee Department of Treasury boosted its stake in shares of FormFactor by 43.7% during the 4th quarter. State of Tennessee Department of Treasury now owns 34,275 shares of the semiconductor company’s stock valued at $1,912,000 after buying an additional 10,418 shares during the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

About FormFactor

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.