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

FormFactor, Inc. (NASDAQ:FORM)’s stock price was up 7.4% on Tuesday . The stock 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.

Analysts Set New Price Targets

FORM has been the topic of a number of analyst reports. TD Cowen boosted their price objective on shares of FormFactor from $50.00 to $80.00 and gave the company a “hold” rating in a research report on Thursday, February 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of FormFactor in a report on Thursday, January 22nd. Itau BBA Securities raised shares of FormFactor to an “outperform” rating in a research note on Tuesday, January 27th. Northland Securities set a $70.00 price target on FormFactor in a report on Thursday, February 5th. Finally, Cantor Fitzgerald raised their price target on FormFactor from $75.00 to $100.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $80.91.

FormFactor Stock Up 9.7%

The company has a quick ratio of 3.60, a current ratio of 4.50 and a debt-to-equity ratio of 0.01. The stock has a market cap of $8.31 billion, a P/E ratio of 154.01 and a beta of 1.03. The company’s 50 day moving average price is $87.39 and its two-hundred day moving average price is $62.08.

FormFactor (NASDAQ:FORM) last released its quarterly earnings data 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 return on equity of 6.64% and a net margin of 6.93%.The company had revenue of $215.16 million for the quarter, compared to the consensus estimate of $210.29 million. During the same period last year, the business posted $0.27 EPS. FormFactor’s quarterly revenue was up 13.6% on a year-over-year basis. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. As a group, research analysts expect that FormFactor, Inc. will post 0.9 earnings per share for the current year.

Insider Activity at FormFactor

In related news, Director Sheri Rhodes sold 7,634 shares of FormFactor stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $92.61, for a total transaction of $706,984.74. Following the transaction, the director directly owned 10,356 shares of the company’s stock, valued at $959,069.16. This trade represents a 42.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Brian C. White sold 5,500 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $90.95, for a total value of $500,225.00. Following the sale, the director owned 12,856 shares of the company’s stock, valued at approximately $1,169,253.20. This represents a 29.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 105,882 shares of company stock worth $8,576,161 over the last quarter. Corporate insiders own 0.96% of the company’s stock.

Institutional Investors Weigh In On FormFactor

A number of hedge funds have recently made changes to their positions in the stock. Salomon & Ludwin LLC purchased a new position in FormFactor in the third quarter valued at about $25,000. 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 worth $28,000 after buying an additional 281 shares during the last quarter. Jones Financial Companies Lllp lifted its position in FormFactor by 84.4% during the third quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 453 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in FormFactor by 547.8% in the third quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 882 shares in the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

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.