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

FormFactor, Inc. (NASDAQ:FORM) has received an average rating of “Moderate Buy” from the eleven research firms that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $127.4545.

Several brokerages recently issued reports on FORM. Zacks Research raised FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Stifel Nicolaus set a $135.00 target price on FormFactor in a research report on Thursday, April 30th. Northland Securities set a $118.00 target price on FormFactor in a research note on Thursday, April 30th. Wall Street Zen downgraded shares of FormFactor from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 9th. Finally, TD Cowen dropped their price objective on shares of FormFactor from $150.00 to $100.00 and set a “hold” rating on the stock in a report on Thursday, July 30th.

Insider Activity

In other news, Director Dennis Thomas St sold 2,800 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $151.49, for a total transaction of $424,172.00. Following the transaction, the director directly owned 29,073 shares of the company’s stock, valued at approximately $4,404,268.77. This trade represents a 8.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sheri Rhodes sold 6,328 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $125.40, for a total transaction of $793,531.20. Following the completion of the sale, the director directly owned 5,375 shares of the company’s stock, valued at $674,025. The trade was a 54.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 37,020 shares of company stock valued at $4,756,017. Insiders own 0.79% of the company’s stock.

Institutional Trading of FormFactor

Hedge funds and other institutional investors have recently made changes to their positions in the stock. UBS Group AG increased its position in shares of FormFactor by 38.8% during the 4th quarter. UBS Group AG now owns 283,393 shares of the semiconductor company’s stock valued at $15,808,000 after purchasing an additional 79,240 shares during the period. Fisher Asset Management LLC lifted its holdings in shares of FormFactor by 206.4% in the fourth quarter. Fisher Asset Management LLC now owns 436,045 shares of the semiconductor company’s stock valued at $24,323,000 after buying an additional 293,746 shares during the period. Hanseatic Management Services Inc. acquired a new stake in shares of FormFactor in the first quarter valued at $1,334,000. Jackson Creek Investment Advisors LLC bought a new position in FormFactor during the fourth quarter valued at about $1,704,000. Finally, WINTON GROUP Ltd acquired a new position in FormFactor during the fourth quarter worth about $610,000. 98.76% of the stock is currently owned by institutional investors.

FormFactor Stock Performance

FormFactor stock opened at $115.71 on Friday. The company has a market cap of $9.02 billion, a PE ratio of 79.25 and a beta of 1.25. The company has a fifty day moving average price of $122.89 and a two-hundred day moving average price of $116.17. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.08 and a quick ratio of 3.34. FormFactor has a 12 month low of $27.00 and a 12 month high of $160.27.

FormFactor (NASDAQ:FORM) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $240.00 million. During the same period in the prior year, the company earned $0.27 earnings per share. The firm’s revenue was up 31.9% compared to the same quarter last year. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. Research analysts expect 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.