FormFactor, Inc. (NASDAQ:FORM) Receives Consensus Recommendation of “Hold” from Brokerages

FormFactor, Inc. (NASDAQ:FORM) has received an average rating of “Hold” from the eleven analysts that are currently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $132.4545.

FORM has been the subject of several analyst reports. Weiss Ratings upgraded FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. B. Riley Financial raised their target price on FormFactor from $145.00 to $165.00 and gave the stock a “neutral” rating in a research note on Tuesday. Freedom Capital upgraded FormFactor to a “hold” rating in a research note on Tuesday, January 27th. Evercore set a $155.00 target price on FormFactor in a research note on Thursday, April 30th. Finally, Piper Sandler set a $100.00 target price on FormFactor in a research note on Monday, February 2nd.

FormFactor Stock Down 12.8%

FORM stock opened at $132.02 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.69 and a current ratio of 4.55. The company has a market capitalization of $10.29 billion, a price-to-earnings ratio of 151.75 and a beta of 1.32. FormFactor has a fifty-two week low of $26.08 and a fifty-two week high of $159.09. The stock has a fifty day moving average of $115.18 and a 200-day moving average of $83.47.

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

Insider Transactions at FormFactor

In other news, CEO Mike Slessor sold 11,294 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $127.72, for a total value of $1,442,469.68. Following the transaction, the chief executive officer owned 449,565 shares of the company’s stock, valued at approximately $57,418,441.80. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Brian C. White sold 2,300 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $100.01, for a total transaction of $230,023.00. Following the completion of the transaction, the director directly owned 10,556 shares in the company, valued at approximately $1,055,705.56. The trade was a 17.89% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 35,947 shares of company stock valued at $3,774,255. 0.79% of the stock is currently owned by company insiders.

Institutional Trading of FormFactor

Large investors have recently modified their holdings of the business. SG Americas Securities LLC bought a new stake in shares of FormFactor during the 3rd quarter valued at about $508,000. State of New Jersey Common Pension Fund D boosted its position in shares of FormFactor by 24.8% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 76,376 shares of the semiconductor company’s stock valued at $2,782,000 after acquiring an additional 15,186 shares during the last quarter. Reinhart Partners LLC. boosted 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 acquiring an additional 500,156 shares during the last quarter. ProShare Advisors LLC boosted its position in shares of FormFactor by 68.8% during the 3rd quarter. ProShare Advisors LLC now owns 29,336 shares of the semiconductor company’s stock valued at $1,068,000 after acquiring an additional 11,956 shares during the last quarter. Finally, Shannon River Fund Management LLC bought a new stake in shares of FormFactor during the 3rd quarter valued at about $35,260,000. Institutional investors own 98.76% of the company’s stock.

FormFactor News Summary

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Craig Hallum upgraded FormFactor (FORM) from Hold to Buy and raised its price target to $175, signaling more upside if AI-related semiconductor demand stays strong. FormFactor upgraded by Craig Hallum
• Positive Sentiment: B. Riley also lifted its price target on FormFactor to $165, reflecting continued optimism even while keeping a Neutral view. FormFactor price target raised by B. Riley
• Positive Sentiment: Needham reiterated a Hold rating but said the company’s long-term growth plan and AI tailwinds may still support the stock, suggesting the market is already pricing in strong expectations. Needham keeps Hold on FormFactor
• Positive Sentiment: Recent media coverage highlighted FormFactor as a momentum name, and the stock has been up sharply over the past week, which can attract additional buying from traders. FormFactor up 7.64% in one week
• Positive Sentiment: Unusually heavy call option activity suggests some investors are positioning for further upside in FORM.
• Positive Sentiment: Comments from FormFactor’s CEO that semiconductor demand indicators remain healthy are helping reinforce the growth narrative around the stock. FormFactor CEO on semiconductor demand

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.