FormFactor (NASDAQ:FORM) Releases Q1 2025 Earnings Guidance

FormFactor (NASDAQ:FORM) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.030-0.110 for the period, compared to the consensus earnings per share estimate of 0.330. The company issued revenue guidance of $165.0 million-$175.0 million, compared to the consensus revenue estimate of $192.9 million.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Citigroup upgraded FormFactor from a “neutral” rating to a “buy” rating and lifted their price target for the company from $44.00 to $51.00 in a report on Monday, January 6th. TD Cowen cut their target price on FormFactor from $60.00 to $44.00 and set a “hold” rating on the stock in a research note on Thursday, October 31st. Finally, Needham & Company LLC lowered shares of FormFactor from a “buy” rating to a “hold” rating in a research note on Monday, January 13th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, FormFactor currently has a consensus rating of “Hold” and an average target price of $56.00.

FormFactor Trading Up 3.8 %

FormFactor stock traded up $1.52 during mid-day trading on Wednesday, hitting $41.12. The stock had a trading volume of 1,191,092 shares, compared to its average volume of 746,292. The stock has a market capitalization of $3.18 billion, a PE ratio of 23.63 and a beta of 1.07. FormFactor has a 12 month low of $37.25 and a 12 month high of $63.63. The stock has a 50-day simple moving average of $42.96 and a two-hundred day simple moving average of $44.37. The company has a current ratio of 4.76, a quick ratio of 3.94 and a debt-to-equity ratio of 0.01.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.14). FormFactor had a return on equity of 5.38% and a net margin of 18.29%. As a group, sell-side analysts forecast that FormFactor will post 0.75 EPS for the current year.

Insider Activity at FormFactor

In other news, CEO Mike Slessor sold 4,000 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $38.98, for a total transaction of $155,920.00. Following the completion of the transaction, the chief executive officer now directly owns 518,531 shares in the company, valued at $20,212,338.38. The trade was a 0.77 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 12,000 shares of company stock valued at $496,040 over the last 90 days. Insiders own 0.96% of the company’s stock.

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.