Analysts Set FormFactor, Inc. (NASDAQ:FORM) Target Price at $80.91

Shares of FormFactor, Inc. (NASDAQ:FORM) have received an average recommendation of “Moderate Buy” from the thirteen analysts that are presently covering the firm, MarketBeat reports. Six equities 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 a report on the stock in the last year is $80.9091.

Several equities analysts recently weighed in on FORM shares. Wall Street Zen upgraded FormFactor from a “hold” rating to a “buy” rating in a research report on Saturday. Freedom Capital upgraded FormFactor to a “hold” rating in a report on Tuesday, January 27th. Citigroup increased their price objective on shares of FormFactor from $96.00 to $98.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. TD Cowen boosted their target price on shares of FormFactor from $50.00 to $80.00 and gave the company a “hold” rating in a report on Thursday, February 5th. Finally, Northland Securities set a $70.00 price target on shares of FormFactor in a research report on Thursday, February 5th.

FormFactor News Roundup

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Zacks Research raised near-term EPS estimates and reiterated a Strong-Buy, lifting Q3 2026 and Q4 2027 forecasts and projecting stronger FY2028 earnings — this boosts expectations for continued earnings momentum and supports the stock.
• Positive Sentiment: A bullish Seeking Alpha piece argues FormFactor is entering an HBM4-driven earnings inflection, framing current valuation as justified by accelerating demand for advanced memory test solutions. Article Title
• Neutral Sentiment: Brokerage consensus remains favorable overall (average “Moderate Buy”) with mixed price targets; this provides a backdrop of analyst support but varied upside expectations. Article Title
• Neutral Sentiment: Reported short interest data shows effectively zero reported short shares (appears to be a data glitch), so short-squeeze dynamics are not a meaningful driver today.
• Negative Sentiment: Insider selling: Director Brian White sold 2,300 shares for ~$230k, reducing his stake by ~18% — while not large versus market cap, insider sales can be perceived as a mild negative signal. Article Title
• Negative Sentiment: Sector/headline volatility: a news roundup noted sharp moves in FormFactor and peer names, which likely caused intraday pressure and higher intraday volume — investors should watch whether weakness is idiosyncratic or part of broader chip-sector swings. Article Title

Insider Activity at FormFactor

In related news, Director Kevin J. Brewer sold 3,000 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $96.20, for a total transaction of $288,600.00. Following the completion of the sale, the director owned 8,105 shares of the company’s stock, valued at approximately $779,701. This represents a 27.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Mike Slessor sold 8,664 shares of FormFactor stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $94.14, for a total transaction of $815,628.96. Following the transaction, the chief executive officer directly owned 471,086 shares in the company, valued at approximately $44,348,036.04. This trade represents a 1.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 102,562 shares of company stock valued at $7,873,371 over the last three months. Insiders own 0.96% of the company’s stock.

Hedge Funds Weigh In On FormFactor

A number of hedge funds have recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV lifted its holdings in shares of FormFactor by 2.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company’s stock valued at $419,000 after acquiring an additional 157 shares in the last quarter. State of Wyoming lifted its stake in shares of FormFactor by 18.4% during the third quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock worth $61,000 after purchasing an additional 261 shares in the last quarter. UMB Bank n.a. boosted its position in shares of FormFactor by 128.9% in the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after buying an additional 281 shares during the period. Maryland State Retirement & Pension System grew its stake in shares of 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 buying an additional 299 shares in the last quarter. Finally, Arizona State Retirement System grew its stake in shares of FormFactor by 1.5% in the third quarter. Arizona State Retirement System now owns 22,796 shares of the semiconductor company’s stock valued at $830,000 after buying an additional 335 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

FormFactor Stock Performance

Shares of FORM opened at $98.88 on Friday. FormFactor has a 1 year low of $22.58 and a 1 year high of $107.04. The company’s 50 day simple moving average is $77.36 and its 200 day simple moving average is $54.97. The company has a market capitalization of $7.70 billion, a price-to-earnings ratio of 143.31 and a beta of 1.03. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.60 and a current ratio of 4.50.

FormFactor (NASDAQ:FORM) last released its earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.35 by $0.11. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The firm had revenue of $215.16 million during the quarter, compared to analysts’ expectations of $210.29 million. During the same period in the previous year, the company earned $0.27 EPS. FormFactor’s revenue for the quarter was up 13.6% on a year-over-year basis. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. On average, sell-side analysts predict that FormFactor will post 0.9 EPS for the current year.

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.