FormFactor, Inc. (NASDAQ:FORM) Receives Average Rating of “Moderate Buy” from Brokerages

FormFactor, Inc. (NASDAQ:FORM) has been assigned a consensus recommendation of “Moderate Buy” from the eleven research firms that are presently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $132.4545.

A number of research analysts have commented on FORM shares. Northland Securities set a $118.00 target price on FormFactor in a report on Thursday, April 30th. Evercore raised FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 target price on the stock in a report on Friday. Stifel Nicolaus set a $135.00 target price on FormFactor in a report on Thursday, April 30th. Citigroup increased their target price on FormFactor to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Craig Hallum raised FormFactor from a “hold” rating to a “buy” rating and set a $175.00 target price on the stock in a report on Tuesday, May 12th.

FormFactor Price Performance

Shares of NASDAQ FORM opened at $116.70 on Friday. FormFactor has a fifty-two week low of $26.08 and a fifty-two week high of $159.09. The business has a 50 day moving average price of $126.72 and a two-hundred day moving average price of $92.69. The company has a quick ratio of 3.69, a current ratio of 4.55 and a debt-to-equity ratio of 0.01. The firm has a market cap of $9.10 billion, a PE ratio of 134.14 and a beta of 1.26.

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

Insider Activity at FormFactor

In other FormFactor news, Director Sheri Rhodes sold 6,328 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $125.40, for a total transaction of $793,531.20. Following the transaction, the director owned 5,375 shares of the company’s stock, valued at $674,025. This trade represents a 54.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Rebeca Obregon-Jimenez sold 3,828 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $126.47, for a total value of $484,127.16. Following the transaction, the director directly owned 7,875 shares in the company, valued at approximately $995,951.25. This represents a 32.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 45,365 shares of company stock worth $5,412,663 over the last quarter. 0.79% of the stock is owned by corporate insiders.

Institutional Trading of FormFactor

Hedge funds have recently made changes to their positions in the stock. Los Angeles Capital Management LLC bought a new stake in shares of FormFactor in the 4th quarter worth approximately $25,000. UMB Bank n.a. lifted its holdings in shares of FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 281 shares during the last quarter. Torren Management LLC bought a new stake in shares of FormFactor in the 4th quarter worth approximately $41,000. Kestra Advisory Services LLC bought a new stake in shares of FormFactor in the 4th quarter worth approximately $53,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of FormFactor by 84.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 453 shares during the last quarter. 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.