Q3 Earnings Estimate for FormFactor Issued By Zacks Research

FormFactor, Inc. (NASDAQ:FORM) – Analysts at Zacks Research boosted their Q3 2026 earnings per share estimates for shares of FormFactor in a research report issued to clients and investors on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the semiconductor company will post earnings per share of $0.78 for the quarter, up from their previous estimate of $0.48. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for FormFactor’s current full-year earnings is $2.70 per share. Zacks Research also issued estimates for FormFactor’s Q4 2026 earnings at $0.70 EPS, FY2026 earnings at $2.68 EPS, Q1 2027 earnings at $0.70 EPS, Q2 2027 earnings at $0.75 EPS, Q3 2027 earnings at $0.85 EPS, Q4 2027 earnings at $0.81 EPS, FY2027 earnings at $3.11 EPS, Q1 2028 earnings at $0.80 EPS, Q2 2028 earnings at $0.82 EPS and FY2028 earnings at $3.39 EPS.

A number of other research firms have also recently issued reports on FORM. Citigroup increased their target price on FormFactor to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Craig Hallum raised shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price target on the stock in a research note on Tuesday, May 12th. Northland Securities set a $118.00 price target on shares of FormFactor in a report on Thursday, April 30th. B. Riley Financial raised shares of FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price objective for the company in a research report on Thursday, June 11th. Finally, Stifel Nicolaus set a $135.00 price objective on shares of FormFactor in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.45.

FormFactor Trading Down 0.2%

NASDAQ:FORM opened at $107.72 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.08 and a quick ratio of 3.34. The business’s 50-day simple moving average is $120.84 and its 200-day simple moving average is $116.96. FormFactor has a fifty-two week low of $27.81 and a fifty-two week high of $160.27. The stock has a market capitalization of $8.40 billion, a PE ratio of 73.78 and a beta of 1.25.

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

Insider Activity at FormFactor

In other FormFactor news, Director Sheri Rhodes sold 6,328 shares of the business’s stock in a transaction that occurred on 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 owned 5,375 shares in the company, valued at approximately $674,025. The trade was a 54.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Mike Slessor sold 16,002 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $130.95, for a total value of $2,095,461.90. Following the completion of the sale, the chief executive officer owned 484,204 shares in the company, valued at $63,406,513.80. The trade was a 3.20% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 37,020 shares of company stock valued at $4,756,017. 0.79% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in FormFactor in the second quarter valued at $2,047,000. California State Teachers Retirement System lifted its position in FormFactor by 16,039.9% during the 2nd quarter. California State Teachers Retirement System now owns 14,465,988 shares of the semiconductor company’s stock worth $2,313,545,000 after buying an additional 14,376,359 shares in the last quarter. HB Wealth Management LLC bought a new position in shares of FormFactor in the 2nd quarter valued at about $222,000. AlphaGrep UK Ltd bought a new position in shares of FormFactor in the 2nd quarter valued at about $418,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of FormFactor in the second quarter valued at about $3,919,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

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.