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

FormFactor, Inc. (NASDAQ:FORM) has earned a consensus rating of “Moderate Buy” from the eleven ratings firms that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $127.4545.

Several brokerages have commented on FORM. Cantor Fitzgerald reiterated an “overweight” rating on shares of FormFactor in a research note on Monday, July 27th. Stifel Nicolaus set a $135.00 price objective on shares of FormFactor in a research report on Thursday, April 30th. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, August 6th. Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. Finally, B. Riley Financial upgraded shares of FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price target on the stock in a research note on Thursday, June 11th.

Insiders Place Their Bets

In other news, Director Dennis Thomas St sold 2,800 shares of FormFactor stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $151.49, for a total transaction of $424,172.00. Following the sale, the director owned 29,073 shares in the company, valued at approximately $4,404,268.77. The trade was a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Mike Slessor sold 16,002 shares of the business’s stock in a transaction dated 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 directly owned 484,204 shares of the company’s stock, valued at $63,406,513.80. The trade was a 3.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 37,020 shares of company stock valued at $4,756,017. 0.79% of the stock is currently owned by insiders.

Institutional Investors Weigh In On FormFactor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FORM. Keating Financial Advisory Services Inc. acquired a new stake in shares of FormFactor in the second quarter valued at approximately $25,000. Los Angeles Capital Management LLC purchased a new stake in FormFactor in the 4th quarter valued at $25,000. UMB Bank n.a. raised its position in FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 281 shares during the last quarter. Torren Management LLC acquired a new stake in FormFactor during the 4th quarter worth $41,000. Finally, Persistent Asset Partners Ltd acquired a new stake in FormFactor during the 2nd quarter worth $43,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

FormFactor Trading Up 2.0%

NASDAQ:FORM opened at $110.23 on Friday. FormFactor has a 1 year low of $27.81 and a 1 year high of $160.27. The stock has a market cap of $8.59 billion, a P/E ratio of 75.50 and a beta of 1.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. The stock has a 50-day simple moving average of $119.42 and a 200-day simple moving average of $117.28.

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 the consensus estimate of $0.61 by $0.21. The business had revenue of $258.24 million for the quarter, compared to analyst estimates of $240.00 million. FormFactor had a return on equity of 13.44% and a net margin of 12.80%.The business’s quarterly revenue was up 31.9% on a year-over-year basis. During the same quarter last year, the company earned $0.27 EPS. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. As a group, analysts anticipate that FormFactor will post 2.7 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.