FY2025 EPS Estimates for FormFactor Boosted by DA Davidson

FormFactor, Inc. (NASDAQ:FORM) – Research analysts at DA Davidson lifted their FY2025 earnings per share estimates for FormFactor in a report issued on Thursday, October 30th. DA Davidson analyst T. Diffely now expects that the semiconductor company will earn $0.78 per share for the year, up from their prior forecast of $0.67. The consensus estimate for FormFactor’s current full-year earnings is $0.90 per share. DA Davidson also issued estimates for FormFactor’s FY2026 earnings at $1.22 EPS.

FormFactor (NASDAQ:FORM) last announced its quarterly earnings results on Wednesday, October 29th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.08. The firm had revenue of $202.68 million during the quarter, compared to the consensus estimate of $199.97 million. FormFactor had a return on equity of 5.16% and a net margin of 5.38%.The firm’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.35 earnings per share. FormFactor has set its Q4 2025 guidance at 0.310-0.390 EPS.

Other equities analysts also recently issued reports about the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FormFactor in a report on Wednesday, October 8th. Zacks Research upgraded shares of FormFactor from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. TD Cowen raised their target price on shares of FormFactor from $35.00 to $50.00 and gave the stock a “hold” rating in a research report on Thursday, October 30th. Citigroup upgraded shares of FormFactor from a “neutral” rating to a “buy” rating and raised their target price for the stock from $31.00 to $62.00 in a research report on Thursday, October 30th. Finally, Stifel Nicolaus set a $42.00 target price on shares of FormFactor in a research report on Thursday, October 30th. Three investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $50.00.

FormFactor Stock Performance

Shares of FORM opened at $51.72 on Monday. The stock has a 50 day moving average price of $37.88 and a 200 day moving average price of $33.96. The company has a quick ratio of 3.34, a current ratio of 4.24 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of 99.46 and a beta of 1.28. FormFactor has a 52-week low of $22.58 and a 52-week high of $61.10.

Insider Activity at FormFactor

In other news, Director Kelley Steven-Waiss sold 3,600 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $30.43, for a total transaction of $109,548.00. Following the completion of the sale, the director owned 35,479 shares in the company, valued at $1,079,625.97. This represents a 9.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Rebeca Obregon-Jimenez sold 4,000 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $29.55, for a total transaction of $118,200.00. Following the transaction, the director owned 13,126 shares in the company, valued at approximately $387,873.30. This trade represents a 23.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Earnest Partners LLC increased its stake in shares of FormFactor by 0.3% during the first quarter. Earnest Partners LLC now owns 6,055,121 shares of the semiconductor company’s stock worth $171,299,000 after acquiring an additional 18,039 shares during the period. Bank of America Corp DE raised its position in FormFactor by 4.0% in the second quarter. Bank of America Corp DE now owns 2,806,905 shares of the semiconductor company’s stock worth $96,586,000 after acquiring an additional 108,487 shares in the last quarter. Reinhart Partners LLC. raised its position in FormFactor by 26.3% in the third quarter. Reinhart Partners LLC. now owns 2,404,854 shares of the semiconductor company’s stock worth $87,585,000 after acquiring an additional 500,156 shares in the last quarter. Bank of New York Mellon Corp raised its position in FormFactor by 170.2% in the second quarter. Bank of New York Mellon Corp now owns 2,094,421 shares of the semiconductor company’s stock worth $72,069,000 after acquiring an additional 1,319,345 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in FormFactor by 82.1% in the first quarter. Massachusetts Financial Services Co. MA now owns 1,963,727 shares of the semiconductor company’s stock worth $55,554,000 after acquiring an additional 885,617 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

About FormFactor

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.