FormFactor, Inc. (NASDAQ:FORM) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of FormFactor, Inc. (NASDAQ:FORM) have received a consensus rating of “Moderate Buy” from the eleven analysts that are currently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $127.4545.

FORM has been the topic of a number of recent analyst reports. Cantor Fitzgerald reissued an “overweight” rating on shares of FormFactor in a research note on Monday, July 27th. TD Cowen reduced their target price on FormFactor from $150.00 to $100.00 and set a “hold” rating for the company in a report on Thursday, July 30th. Zacks Research upgraded FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. Evercore set a $150.00 price objective on shares of FormFactor in a research note on Thursday, July 30th. Finally, Wall Street Zen cut FormFactor from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 9th.

Insider Buying and Selling at FormFactor

In other news, Director Kelley Steven-Waiss sold 2,100 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $96.10, for a total transaction of $201,810.00. Following the completion of the transaction, the director directly owned 24,426 shares in the company, valued at $2,347,338.60. The trade was a 7.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Mike Slessor sold 16,002 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $130.95, for a total value of $2,095,461.90. Following the transaction, the chief executive officer owned 484,204 shares of the company’s stock, valued at approximately $63,406,513.80. The trade was a 3.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.79% of the stock is owned by company insiders.

Institutional Trading of FormFactor

Institutional investors and hedge funds have recently made changes to their positions in the stock. Tidal Investments LLC increased its stake in FormFactor by 26.0% in the second quarter. Tidal Investments LLC now owns 31,220 shares of the semiconductor company’s stock valued at $4,993,000 after acquiring an additional 6,440 shares during the last quarter. WINTON GROUP Ltd raised its holdings in shares of FormFactor by 7.8% during the 2nd quarter. WINTON GROUP Ltd now owns 4,362 shares of the semiconductor company’s stock valued at $698,000 after buying an additional 314 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC purchased a new position in shares of FormFactor during the 2nd quarter valued at about $208,000. Integrated Wealth Concepts LLC bought a new stake in FormFactor in the 2nd quarter worth approximately $172,000. Finally, NewEdge Advisors LLC bought a new stake in FormFactor in the 2nd quarter worth approximately $247,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

FormFactor Stock Performance

Shares of FormFactor stock opened at $102.94 on Tuesday. The firm has a market capitalization of $8.03 billion, a P/E ratio of 70.51 and a beta of 1.24. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.08 and a quick ratio of 3.34. The company’s 50 day moving average price is $110.74 and its two-hundred day moving average price is $118.04. FormFactor has a fifty-two week low of $30.20 and a fifty-two week high of $160.27.

FormFactor (NASDAQ:FORM) last posted its earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.21. The firm had revenue of $258.24 million for the quarter, compared to analyst estimates of $240.00 million. FormFactor had a net margin of 12.80% and a return on equity of 13.44%. The company’s revenue for the quarter was up 31.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.27 EPS. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. On average, equities analysts forecast that FormFactor will post 2.7 earnings per share for the current fiscal year.

About FormFactor

FormFactor, Inc is a semiconductor test and measurement company that develops and manufactures equipment and components used to evaluate integrated circuits during wafer fabrication and final testing. Its products help semiconductor manufacturers and research organizations measure electrical performance, identify defects and improve yields before chips are packaged and shipped.

The company’s product portfolio includes advanced wafer probe cards, which establish electrical connections with semiconductor wafers during automated testing, as well as engineering probe systems, probe stations and related measurement technologies.