FormFactor, Inc. (NASDAQ:FORM) Receives $132.45 Average PT from Analysts

Shares of FormFactor, Inc. (NASDAQ:FORM) have been given an average recommendation of “Moderate Buy” by the eleven analysts that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $132.4545.

A number of research firms have commented on FORM. Stifel Nicolaus set a $135.00 target price on shares of FormFactor in a report on Thursday, April 30th. Weiss Ratings raised FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. B. Riley Financial upgraded FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price target on the stock in a research report on Thursday, June 11th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $175.00 price objective on shares of FormFactor in a research note on Monday, April 27th. Finally, TD Cowen increased their target price on FormFactor from $80.00 to $150.00 and gave the company a “hold” rating in a research note on Thursday, April 30th.

FormFactor Stock Performance

Shares of NASDAQ:FORM opened at $111.59 on Thursday. The stock has a market capitalization of $8.70 billion, a P/E ratio of 128.27 and a beta of 1.22. FormFactor has a 1-year low of $26.08 and a 1-year high of $160.27. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average price of $133.12 and a two-hundred day moving average price of $106.09.

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

Insider Buying and Selling

In related news, Director Brian C. White sold 3,250 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $126.00, for a total value of $409,500.00. Following the sale, the director directly owned 8,653 shares in the company, valued at $1,090,278. This trade represents a 27.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Mike Slessor sold 11,890 shares of FormFactor stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $121.35, for a total transaction of $1,442,851.50. Following the transaction, the chief executive officer directly owned 435,147 shares in the company, valued at $52,805,088.45. The trade was a 2.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 49,828 shares of company stock worth $6,306,587 over the last quarter. Insiders own 0.79% of the company’s stock.

Hedge Funds Weigh In On FormFactor

Hedge funds and other institutional investors have recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV increased its position in shares of FormFactor by 2.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company’s stock valued at $419,000 after buying an additional 157 shares in the last quarter. Blue Trust Inc. lifted its holdings in FormFactor by 1.9% during the first quarter. Blue Trust Inc. now owns 10,542 shares of the semiconductor company’s stock worth $1,022,000 after acquiring an additional 196 shares in the last quarter. UMB Bank n.a. lifted its holdings in FormFactor by 128.9% during the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 281 shares in the last quarter. Maryland State Retirement & Pension System grew its stake in FormFactor by 2.7% in the fourth quarter. Maryland State Retirement & Pension System now owns 11,385 shares of the semiconductor company’s stock valued at $635,000 after acquiring an additional 299 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in FormFactor by 2.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 16,073 shares of the semiconductor company’s stock valued at $897,000 after acquiring an additional 370 shares during the period. 98.76% of the stock is owned by institutional investors.

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.