Zacks Research Forecasts Stronger Earnings for FormFactor

FormFactor, Inc. (NASDAQ:FORM) – Stock analysts at Zacks Research raised their FY2025 EPS estimates for shares of FormFactor in a report released on Wednesday, April 9th. Zacks Research analyst R. Department now anticipates that the semiconductor company will earn $0.80 per share for the year, up from their prior forecast of $0.79. The consensus estimate for FormFactor’s current full-year earnings is $0.90 per share. Zacks Research also issued estimates for FormFactor’s Q4 2025 earnings at $0.27 EPS, Q1 2026 earnings at $0.13 EPS, Q4 2026 earnings at $0.47 EPS, FY2026 earnings at $1.16 EPS, Q1 2027 earnings at $0.08 EPS and FY2027 earnings at $1.21 EPS.

A number of other analysts have also weighed in on FORM. B. Riley lowered shares of FormFactor from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $64.00 to $34.00 in a research note on Thursday, February 6th. Evercore ISI dropped their price target on FormFactor from $50.00 to $43.00 and set an “in-line” rating on the stock in a research note on Thursday, February 6th. Stifel Nicolaus reduced their target price on FormFactor from $48.00 to $42.00 and set a “hold” rating for the company in a report on Thursday, February 6th. Citigroup raised FormFactor from a “neutral” rating to a “buy” rating and raised their price target for the stock from $44.00 to $51.00 in a research note on Monday, January 6th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of FormFactor in a report on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $48.50.

FormFactor Price Performance

FORM opened at $27.11 on Monday. The company has a market capitalization of $2.10 billion, a P/E ratio of 30.46 and a beta of 1.15. FormFactor has a 1-year low of $22.58 and a 1-year high of $63.63. The company has a 50-day moving average of $31.52 and a 200-day moving average of $38.91. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.83 and a current ratio of 4.61.

FormFactor (NASDAQ:FORM) last announced its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.14). FormFactor had a return on equity of 5.93% and a net margin of 9.12%.

Insider Buying and Selling

In related news, CEO Mike Slessor sold 4,000 shares of the business’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $28.24, for a total value of $112,960.00. Following the sale, the chief executive officer now owns 514,650 shares of the company’s stock, valued at $14,533,716. The trade was a 0.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.96% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On FormFactor

Several large investors have recently added to or reduced their stakes in FORM. D.A. Davidson & CO. lifted its position in FormFactor by 5.5% in the 4th quarter. D.A. Davidson & CO. now owns 5,510 shares of the semiconductor company’s stock valued at $242,000 after acquiring an additional 288 shares in the last quarter. Aviva PLC lifted its holdings in FormFactor by 2.3% during the fourth quarter. Aviva PLC now owns 14,750 shares of the semiconductor company’s stock valued at $649,000 after purchasing an additional 331 shares during the last quarter. Summit Investment Advisors Inc. increased its stake in shares of FormFactor by 5.2% in the fourth quarter. Summit Investment Advisors Inc. now owns 8,100 shares of the semiconductor company’s stock worth $356,000 after purchasing an additional 400 shares in the last quarter. Manchester Capital Management LLC raised its position in shares of FormFactor by 63.8% in the fourth quarter. Manchester Capital Management LLC now owns 1,130 shares of the semiconductor company’s stock valued at $50,000 after purchasing an additional 440 shares during the period. Finally, Xponance Inc. grew its position in shares of FormFactor by 10.1% in the fourth quarter. Xponance Inc. now owns 5,582 shares of the semiconductor company’s stock valued at $246,000 after purchasing an additional 511 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

FormFactor Company Profile

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.