Q4 Earnings Forecast for FormFactor Issued By Zacks Research

FormFactor, Inc. (NASDAQ:FORM) – Analysts at Zacks Research increased their Q4 2026 earnings per share estimates for FormFactor in a research note issued to investors on Wednesday, January 14th. Zacks Research analyst Team now anticipates that the semiconductor company will post earnings of $0.28 per share for the quarter, up from their previous estimate of $0.27. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for FormFactor’s current full-year earnings is $0.90 per share. Zacks Research also issued estimates for FormFactor’s Q3 2027 earnings at $0.32 EPS, Q4 2027 earnings at $0.34 EPS and FY2027 earnings at $1.22 EPS.

A number of other brokerages have also issued reports on FORM. Cowen reissued a “hold” rating on shares of FormFactor in a report on Thursday, October 30th. DA Davidson set a $55.00 target price on FormFactor in a research note on Thursday, October 30th. Citigroup upgraded FormFactor from a “neutral” rating to a “buy” rating and boosted their price target for the company from $31.00 to $62.00 in a report on Thursday, October 30th. Cantor Fitzgerald started coverage on FormFactor in a report on Tuesday, November 18th. They issued an “overweight” rating and a $75.00 price objective for the company. Finally, Evercore ISI lifted their price objective on FormFactor from $31.00 to $50.00 and gave the stock an “in-line” rating in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.88.

FormFactor Trading Up 4.0%

NASDAQ:FORM opened at $78.31 on Monday. The company has a fifty day moving average of $58.33 and a 200 day moving average of $43.96. FormFactor has a 52 week low of $22.58 and a 52 week high of $78.56. The company has a quick ratio of 3.46, a current ratio of 4.30 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $6.07 billion, a P/E ratio of 150.60 and a beta of 1.12.

Insider Activity

In related news, Director Kelley Steven-Waiss sold 2,700 shares of FormFactor stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $55.97, for a total transaction of $151,119.00. Following the sale, the director directly owned 32,779 shares in the company, valued at $1,834,640.63. The trade was a 7.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dennis Thomas St sold 2,000 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $49.85, for a total value of $99,700.00. Following the transaction, the director directly owned 38,957 shares of the company’s stock, valued at $1,942,006.45. This represents a 4.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 73,466 shares of company stock worth $4,683,377 in the last quarter. 0.96% of the stock is owned by company insiders.

Institutional Investors Weigh In On FormFactor

Several hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC grew its holdings in FormFactor by 1,158.7% in the fourth quarter. SG Americas Securities LLC now owns 175,432 shares of the semiconductor company’s stock worth $9,786,000 after purchasing an additional 161,494 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of FormFactor by 384.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 562,769 shares of the semiconductor company’s stock worth $31,391,000 after buying an additional 446,615 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in FormFactor by 2.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 16,073 shares of the semiconductor company’s stock valued at $897,000 after buying an additional 370 shares in the last quarter. GAMMA Investing LLC raised its stake in FormFactor by 12.6% during the fourth quarter. GAMMA Investing LLC now owns 5,184 shares of the semiconductor company’s stock valued at $289,000 after buying an additional 579 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new stake in FormFactor in the third quarter worth $303,000. Institutional investors own 98.76% of the company’s stock.

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.