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

Shares of FormFactor, Inc. (NASDAQ:FORMGet Free Report) have earned a consensus rating of “Moderate Buy” from the eleven analysts that are presently covering the firm, Marketbeat reports. Four investment 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 analysts that have issued a report on the stock in the last year is $132.4545.

Several equities analysts have weighed in on the stock. Northland Securities set a $118.00 price objective on shares of FormFactor in a research report on Thursday, April 30th. Stifel Nicolaus set a $135.00 target price on FormFactor in a report on Thursday, April 30th. Evercore upgraded FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 price target on the stock in a report on Friday, June 5th. Zacks Research raised FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Finally, Citigroup increased their price objective on FormFactor to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th.

View Our Latest Stock Report on FormFactor

Insider Buying and Selling

In related news, Director Brian C. White sold 3,250 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $126.00, for a total transaction of $409,500.00. Following the transaction, the director directly owned 8,653 shares of the company’s stock, valued at approximately $1,090,278. The trade was a 27.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Dennis Thomas St sold 2,800 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $151.49, for a total transaction of $424,172.00. Following the completion of the transaction, the director owned 29,073 shares in the company, valued at approximately $4,404,268.77. This represents a 8.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 49,828 shares of company stock worth $6,306,587 over the last ninety days. 0.79% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On FormFactor

Hedge funds have recently modified their holdings of the stock. Shannon River Fund Management LLC bought a new position in FormFactor during the third quarter valued at approximately $35,260,000. SG Americas Securities LLC grew its position in FormFactor by 1,158.7% in the fourth quarter. SG Americas Securities LLC now owns 175,432 shares of the semiconductor company’s stock worth $9,786,000 after acquiring an additional 161,494 shares in the last quarter. UBS Group AG increased its stake 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 worth $15,808,000 after purchasing an additional 79,240 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of FormFactor by 206.4% during the 4th quarter. Fisher Asset Management LLC now owns 436,045 shares of the semiconductor company’s stock worth $24,323,000 after purchasing an additional 293,746 shares during the last quarter. Finally, Jackson Creek Investment Advisors LLC bought a new position in shares of FormFactor during the 4th quarter valued at $1,704,000. 98.76% of the stock is owned by institutional investors and hedge funds.

FormFactor Trading Down 8.5%

Shares of FORM opened at $108.54 on Thursday. The business’s 50-day moving average price is $134.75 and its 200 day moving average price is $105.32. The stock has a market capitalization of $8.46 billion, a P/E ratio of 125.18 and a beta of 1.22. FormFactor has a 1-year low of $26.08 and a 1-year high of $160.27. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01.

FormFactor (NASDAQ:FORMGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.11. The company had revenue of $226.14 million during the quarter, compared to analyst estimates of $225.54 million. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The business’s quarterly revenue was up 31.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.23 earnings per share. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. Analysts expect that FormFactor will post 2.03 earnings per share for the current year.

FormFactor Company Profile

(Get Free Report)

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.

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Analyst Recommendations for FormFactor (NASDAQ:FORM)

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