FormFactor, Inc. (NASDAQ:FORM) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of FormFactor, Inc. (NASDAQ:FORM) have been assigned an average recommendation of “Moderate Buy” from the thirteen brokerages that are presently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $80.9091.

A number of equities research analysts have commented on the company. Citigroup raised their price objective on FormFactor from $96.00 to $98.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Cantor Fitzgerald raised their price target on shares of FormFactor from $75.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. Northland Securities set a $70.00 price target on FormFactor in a research note on Thursday, February 5th. Piper Sandler set a $100.00 price objective on FormFactor in a report on Monday, February 2nd. Finally, TD Cowen increased their price objective on FormFactor from $50.00 to $80.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th.

Insider Buying and Selling at FormFactor

In related news, Director Brian C. White sold 2,300 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $100.01, for a total value of $230,023.00. Following the completion of the sale, the director directly owned 10,556 shares of the company’s stock, valued at approximately $1,055,705.56. This represents a 17.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Mike Slessor sold 10,227 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $95.15, for a total value of $973,099.05. Following the transaction, the chief executive officer owned 460,859 shares in the company, valued at approximately $43,850,733.85. This trade represents a 2.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 105,882 shares of company stock valued at $8,576,161 in the last three months. Insiders own 0.96% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in shares of FormFactor during the 3rd quarter worth approximately $508,000. Reinhart Partners LLC. increased its position in shares of FormFactor by 26.3% during the third quarter. Reinhart Partners LLC. now owns 2,404,854 shares of the semiconductor company’s stock valued at $87,585,000 after acquiring an additional 500,156 shares during the last quarter. State of New Jersey Common Pension Fund D increased its position in shares of FormFactor by 24.8% during the third quarter. State of New Jersey Common Pension Fund D now owns 76,376 shares of the semiconductor company’s stock valued at $2,782,000 after acquiring an additional 15,186 shares during the last quarter. ProShare Advisors LLC lifted its holdings in FormFactor by 68.8% during the third 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 period. Finally, Edgestream Partners L.P. purchased a new position in FormFactor in the second quarter worth $4,715,000. 98.76% of the stock is owned by institutional investors.

FormFactor Stock Up 5.4%

Shares of FormFactor stock opened at $97.20 on Tuesday. The firm has a market cap of $7.57 billion, a price-to-earnings ratio of 140.87 and a beta of 1.03. FormFactor has a one year low of $22.58 and a one year high of $107.04. The stock’s 50-day moving average is $87.39 and its 200 day moving average is $62.08. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.50 and a quick ratio of 3.60.

FormFactor (NASDAQ:FORM) last released its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.11. The company had revenue of $215.16 million during the quarter, compared to analyst estimates of $210.29 million. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. FormFactor’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 EPS. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Equities research analysts anticipate that FormFactor will post 0.9 EPS 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.