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

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

FORM has been the topic of a number of research analyst reports. Craig Hallum upgraded FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price target on the stock in a report on Tuesday, May 12th. Evercore set a $150.00 price objective on shares of FormFactor in a research note on Thursday, July 30th. Cantor Fitzgerald restated an “overweight” rating on shares of FormFactor in a report on Monday, July 27th. Stifel Nicolaus set a $135.00 target price on shares of FormFactor in a research report on Thursday, April 30th. Finally, Citigroup raised their target price on FormFactor to $165.00 and gave the company a “buy” rating in a report on Thursday, April 30th.

Insider Buying and Selling

In related news, CEO Mike Slessor sold 16,002 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $130.95, for a total transaction 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sheri Rhodes sold 6,328 shares of FormFactor stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $125.40, for a total value of $793,531.20. Following the sale, the director directly owned 5,375 shares in the company, valued at approximately $674,025. This trade represents a 54.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 37,020 shares of company stock valued at $4,756,017. Insiders own 0.79% of the company’s stock.

Hedge Funds Weigh In On FormFactor

Institutional investors have recently added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. bought a new stake in FormFactor during the 2nd quarter worth approximately $25,000. Los Angeles Capital Management LLC acquired a new position in FormFactor during the 4th quarter worth $25,000. UMB Bank n.a. boosted its stake in FormFactor by 128.9% in the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 281 shares during the last quarter. Torren Management LLC acquired a new stake in shares of FormFactor during the fourth quarter worth $41,000. Finally, Persistent Asset Partners Ltd bought a new stake in FormFactor in the second quarter valued at approximately $43,000. 98.76% of the stock is owned by institutional investors.

FormFactor Trading Up 0.7%

NASDAQ:FORM opened at $115.71 on Friday. The stock has a fifty day simple moving average of $122.89 and a 200 day simple moving average of $116.17. The firm has a market capitalization of $9.02 billion, a price-to-earnings ratio of 79.25 and a beta of 1.25. FormFactor has a 1-year low of $27.00 and a 1-year high of $160.27. The company has a quick ratio of 3.34, a current ratio of 4.08 and a debt-to-equity ratio of 0.01.

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

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.