FormFactor (NASDAQ:FORM) Stock Price Up 7.4% – Should You Buy?

FormFactor, Inc. (NASDAQ:FORM) shares rose 7.4% on Tuesday . The company traded as high as $103.00 and last traded at $104.3470. Approximately 440,280 shares traded hands during trading, a decline of 70% from the average daily volume of 1,460,179 shares. The stock had previously closed at $97.20.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. B. Riley Financial restated a “buy” rating on shares of FormFactor in a report on Thursday, February 5th. Loop Capital set a $64.00 target price on FormFactor in a research report on Tuesday, January 27th. Evercore raised their target price on FormFactor from $50.00 to $80.00 and gave the company an “in-line” rating in a research note on Thursday, February 5th. Wall Street Zen upgraded FormFactor from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Finally, Cantor Fitzgerald raised their price objective on FormFactor from $75.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.91.

FormFactor Trading Down 5.0%

The company has a market cap of $8.00 billion, a P/E ratio of 148.25 and a beta of 1.03. The company has a current ratio of 4.50, a quick ratio of 3.60 and a debt-to-equity ratio of 0.01. The stock’s 50 day moving average is $88.77 and its 200-day moving average is $62.94.

FormFactor (NASDAQ:FORM) last posted its earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.11. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The business had revenue of $215.16 million during the quarter, compared to analyst estimates of $210.29 million. During the same quarter last year, the company earned $0.27 EPS. The company’s quarterly revenue was up 13.6% compared to the same quarter last year. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Research analysts anticipate that FormFactor, Inc. will post 0.9 earnings per share for the current fiscal year.

Insider Transactions at FormFactor

In other FormFactor news, CEO Mike Slessor sold 10,227 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $95.15, for a total value of $973,099.05. Following the transaction, the chief executive officer owned 460,859 shares of the company’s stock, valued at approximately $43,850,733.85. This represents a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Brian C. White sold 2,300 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $100.01, for a total transaction of $230,023.00. Following the completion of the transaction, the director owned 10,556 shares in the company, valued at $1,055,705.56. The trade was a 17.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 105,882 shares of company stock valued at $8,576,161. Company insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in FormFactor by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company’s stock worth $1,303,000 after acquiring an additional 2,001 shares during the period. Jones Financial Companies Lllp increased its stake in shares of FormFactor by 870.3% in the first quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company’s stock worth $150,000 after purchasing an additional 4,743 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of FormFactor by 12.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company’s stock valued at $13,873,000 after buying an additional 53,310 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of FormFactor by 5.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company’s stock valued at $4,922,000 after buying an additional 9,394 shares in the last quarter. Finally, Intech Investment Management LLC boosted its holdings in FormFactor by 18.1% in the 1st quarter. Intech Investment Management LLC now owns 53,531 shares of the semiconductor company’s stock worth $1,514,000 after buying an additional 8,194 shares during the period. Institutional investors own 98.76% of the company’s stock.

About FormFactor

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.