FormFactor (NASDAQ:FORM) Price Target Raised to $165.00

FormFactor (NASDAQ:FORM) had its target price hoisted by analysts at B. Riley Financial from $145.00 to $165.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the semiconductor company’s stock. B. Riley Financial’s price target indicates a potential upside of 30.08% from the stock’s current price.

A number of other research firms also recently issued reports on FORM. Cantor Fitzgerald restated an “overweight” rating and issued a $175.00 target price on shares of FormFactor in a report on Monday, April 27th. Northland Securities set a $118.00 price target on FormFactor in a research note on Thursday, April 30th. Citigroup increased their price target on FormFactor to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Stifel Nicolaus set a $135.00 target price on FormFactor in a research note on Thursday, April 30th. Finally, TD Cowen raised their price target on FormFactor from $80.00 to $150.00 and gave the stock a “hold” rating in a research note on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $132.45.

FormFactor Stock Down 16.2%

Shares of FORM stock traded down $24.56 during trading hours on Tuesday, reaching $126.85. 2,580,925 shares of the stock were exchanged, compared to its average volume of 1,660,212. The business’s fifty day moving average is $114.51 and its two-hundred day moving average is $82.83. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.55 and a quick ratio of 3.69. FormFactor has a 12-month low of $26.08 and a 12-month high of $159.09. The firm has a market capitalization of $9.89 billion, a P/E ratio of 146.25 and a beta of 1.32.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.11. The firm had revenue of $226.14 million during the quarter, compared to the consensus estimate of $225.54 million. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The company’s revenue for the quarter was up 31.9% on a year-over-year basis. During the same period last year, the company earned $0.23 earnings per share. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. As a group, research analysts expect that FormFactor will post 2.03 EPS for the current fiscal year.

Insider Transactions at FormFactor

In related news, Director Kevin J. Brewer sold 3,000 shares of FormFactor stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $96.20, for a total transaction of $288,600.00. Following the completion of the sale, the director directly owned 8,105 shares of the company’s stock, valued at approximately $779,701. This trade represents a 27.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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 transaction, the director owned 10,556 shares in the company, valued at approximately $1,055,705.56. The trade was a 17.89% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 38,947 shares of company stock valued at $4,062,855. 0.79% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On FormFactor

A number of hedge funds and other institutional investors have recently bought and sold shares of FORM. Los Angeles Capital Management LLC bought a new stake in shares of FormFactor in the 4th quarter valued at about $25,000. UMB Bank n.a. grew its position in shares of FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 281 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of FormFactor by 84.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 453 shares during the last quarter. Hantz Financial Services Inc. grew its position in shares of FormFactor by 547.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 882 shares during the last quarter. Finally, Torren Management LLC bought a new stake in shares of FormFactor in the 4th quarter valued at about $41,000. Institutional investors own 98.76% of the company’s stock.

More FormFactor News

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Craig Hallum upgraded FormFactor (FORM) from hold to buy and set a $175 price target, implying meaningful upside from current levels. The call suggests Wall Street sees more room for the stock to run. Benzinga report
• Positive Sentiment: A CEO interview highlighted that key indicators point to continued semiconductor demand, which supports the outlook for FormFactor’s test and measurement business. MSN video/article
• Neutral Sentiment: Market chatter also pointed to unusually heavy call-option activity in FORM, showing rising trader interest and speculation ahead of potential catalysts. MSN article
• Neutral Sentiment: FormFactor was included in a roundup of top Wall Street analyst research calls, which adds attention to the stock but does not by itself indicate a change in fundamentals. 247WallSt article
• Negative Sentiment: Recent short-interest data showed no meaningful bearish positioning change, so there is no clear negative catalyst here; however, the lack of a new short squeeze setup may limit some speculative support. Short interest report

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.