FormFactor, Inc. (NASDAQ:FORM) Receives $132.45 Consensus Target Price from Analysts

FormFactor, Inc. (NASDAQ:FORM) has been assigned an average rating of “Moderate Buy” from the eleven brokerages that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $132.4545.

Several equities research analysts recently issued reports on the stock. B. Riley Financial raised shares of FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price target on the stock in a report on Thursday. Weiss Ratings raised shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $175.00 price target on shares of FormFactor in a report on Monday, April 27th. Evercore raised shares of FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 price target on the stock in a report on Friday, June 5th. Finally, Citigroup lifted their price target on shares of FormFactor to $165.00 and gave the company a “buy” rating in a report on Thursday, April 30th.

Insider Activity at FormFactor

In related news, Director Sheri Rhodes sold 6,328 shares of FormFactor stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $125.40, for a total transaction of $793,531.20. Following the sale, the director directly owned 5,375 shares of the company’s stock, valued at approximately $674,025. The trade was a 54.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Brian C. White sold 3,250 shares of FormFactor stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $126.00, for a total transaction of $409,500.00. Following the sale, the director directly owned 8,653 shares in the company, valued at $1,090,278. This trade represents a 27.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 57,255 shares of company stock worth $6,855,514 in the last ninety days. Insiders own 0.79% of the company’s stock.

Institutional Investors Weigh In On FormFactor

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. State of New Jersey Common Pension Fund D grew its holdings in FormFactor by 24.8% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 76,376 shares of the semiconductor company’s stock worth $2,782,000 after acquiring an additional 15,186 shares during the last quarter. Shannon River Fund Management LLC bought a new stake in FormFactor during the 3rd quarter worth approximately $35,260,000. SG Americas Securities LLC grew its holdings in FormFactor by 1,158.7% during the 4th quarter. SG Americas Securities LLC now owns 175,432 shares of the semiconductor company’s stock worth $9,786,000 after acquiring an additional 161,494 shares during the last quarter. ProShare Advisors LLC grew its holdings in FormFactor by 68.8% during the 3rd quarter. ProShare Advisors LLC now owns 29,336 shares of the semiconductor company’s stock worth $1,068,000 after acquiring an additional 11,956 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. grew its holdings in FormFactor by 20.5% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 71,583 shares of the semiconductor company’s stock worth $2,607,000 after acquiring an additional 12,161 shares during the last quarter. 98.76% of the stock is owned by institutional investors.

FormFactor Price Performance

FORM stock opened at $139.21 on Friday. The company has a quick ratio of 3.69, a current ratio of 4.55 and a debt-to-equity ratio of 0.01. FormFactor has a 12 month low of $26.08 and a 12 month high of $159.09. The firm has a market cap of $10.85 billion, a P/E ratio of 160.01 and a beta of 1.26. The company’s 50-day moving average price is $129.57 and its two-hundred day moving average price is $95.37.

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