B. Riley Financial Forecasts Strong Price Appreciation for FormFactor (NASDAQ:FORM) Stock

FormFactor (NASDAQ:FORM) had its target price increased by stock analysts at B. Riley Financial from $145.00 to $165.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the semiconductor company’s stock. B. Riley Financial’s target price suggests a potential upside of 27.60% from the company’s current price.

Other research analysts have also issued reports about the stock. Craig Hallum upgraded shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price objective for the company in a research note on Tuesday. TD Cowen lifted their price objective on shares of FormFactor from $80.00 to $150.00 and gave the company a “hold” rating in a research note on Thursday, April 30th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $175.00 price objective on shares of FormFactor in a research note on Monday, April 27th. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Finally, Evercore set a $155.00 price target on shares of FormFactor in a report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, FormFactor has a consensus rating of “Hold” and a consensus price target of $132.45.

FormFactor Trading Down 2.1%

Shares of FORM stock opened at $129.31 on Tuesday. The company has a 50 day moving average of $115.77 and a 200-day moving average of $84.08. The company has a quick ratio of 3.69, a current ratio of 4.55 and a debt-to-equity ratio of 0.01. FormFactor has a 12-month low of $26.08 and a 12-month high of $159.09. The firm has a market cap of $10.08 billion, a P/E ratio of 148.63 and a beta of 1.32.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.11. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The company had revenue of $226.14 million during the quarter, compared to analyst estimates of $225.54 million. During the same quarter last year, the business posted $0.23 EPS. FormFactor’s quarterly revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Sell-side analysts anticipate that FormFactor will post 2.03 earnings per share for the current year.

Insider Buying and Selling

In other FormFactor news, Director Brian C. White sold 2,300 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $100.01, for a total value of $230,023.00. Following the completion of the sale, the director directly owned 10,556 shares of the company’s stock, valued at $1,055,705.56. The trade was a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Mike Slessor sold 11,294 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $127.72, for a total transaction of $1,442,469.68. Following the completion of the sale, the chief executive officer directly owned 449,565 shares of the company’s stock, valued at $57,418,441.80. This represents a 2.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 35,947 shares of company stock worth $3,774,255. Corporate insiders own 0.79% of the company’s stock.

Institutional Trading of FormFactor

Hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its stake in shares of FormFactor by 4.0% during the second quarter. Bank of America Corp DE now owns 2,806,905 shares of the semiconductor company’s stock valued at $96,586,000 after acquiring an additional 108,487 shares during the last quarter. Reinhart Partners LLC. raised its stake in shares of FormFactor by 26.3% during the third quarter. Reinhart Partners LLC. now owns 2,404,854 shares of the semiconductor company’s stock valued at $87,585,000 after acquiring an additional 500,156 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of FormFactor by 3.2% during the third quarter. Alliancebernstein L.P. now owns 2,397,161 shares of the semiconductor company’s stock valued at $87,305,000 after acquiring an additional 73,644 shares during the last quarter. Morgan Stanley raised its stake in shares of FormFactor by 98.5% during the fourth quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock valued at $126,708,000 after acquiring an additional 1,127,146 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of FormFactor by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 1,885,847 shares of the semiconductor company’s stock valued at $105,208,000 after acquiring an additional 7,150 shares during the last quarter. 98.76% of the stock is owned by institutional investors.

FormFactor News Roundup

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Craig Hallum upgraded FormFactor from Hold to Buy and set a higher price target, signaling stronger conviction in the stock’s upside and reinforcing the recent bullish move. FormFactor (NASDAQ:FORM) Upgraded to “Buy” at Craig Hallum
• Positive Sentiment: B. Riley Financial raised its price target on FormFactor, indicating analysts see more room for shares to run despite keeping a neutral rating. FormFactor (NASDAQ:FORM) Given New $165.00 Price Target at B. Riley Financial
• Positive Sentiment: FormFactor said TechInsights ranked it the global #1 supplier in both Test Subsystems and Focused Suppliers of Chip Making Equipment, highlighting strong customer satisfaction and market leadership. FormFactor Sets the Global Standard as #1 in Test Subsystems and Focused Chip Making Equipment
• Positive Sentiment: Commentary on FormFactor’s strong earnings emphasized that the company’s recent results support the view that its underlying business remains healthy. The Strong Earnings Posted By FormFactor (NASDAQ:FORM) Are A Good Indication Of The Strength Of The Business
• Neutral Sentiment: Needham kept a Hold rating, saying FormFactor’s long-term growth plan and AI tailwinds may already be reflected in the stock. FormFactor Kept at Hold as Long-Term Growth Plan and AI Tailwinds Are Seen as Priced In
• Neutral Sentiment: Recent coverage highlighted that FormFactor has been up strongly over the past week, but this was more a recap of momentum than a new company-specific catalyst. FormFactor (FORM) Is Up 7.64% in One Week: What You Should Know
• Neutral Sentiment: CEO remarks that semiconductor demand should continue were supportive of the industry backdrop, but did not include a major new financial update. FormFactor CEO: Key indicators showing semiconductor demand will continue

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.