Q4 Earnings Forecast for FormFactor Issued By Zacks Research

FormFactor, Inc. (NASDAQ:FORM) – Equities researchers at Zacks Research dropped their Q4 2026 earnings per share estimates for FormFactor in a research note issued on Wednesday, November 19th. Zacks Research analyst Team now forecasts that the semiconductor company will post earnings per share of $0.27 for the quarter, down from their previous estimate of $0.32. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for FormFactor’s current full-year earnings is $0.90 per share.

Several other research firms have also commented on FORM. Evercore ISI lifted their price target on FormFactor from $31.00 to $50.00 and gave the stock an “in-line” rating in a report on Thursday, October 30th. Cantor Fitzgerald began coverage on shares of FormFactor in a research report on Tuesday. They set an “overweight” rating and a $75.00 price objective for the company. Cowen reiterated a “hold” rating on shares of FormFactor in a report on Thursday, October 30th. Stifel Nicolaus set a $42.00 price target on shares of FormFactor in a research note on Thursday, October 30th. Finally, Wall Street Zen upgraded shares of FormFactor from a “sell” rating to a “hold” rating in a report on Saturday, September 20th. Four research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, FormFactor has a consensus rating of “Hold” and an average price target of $53.13.

FormFactor Stock Down 3.4%

Shares of NASDAQ:FORM opened at $48.72 on Friday. The company has a quick ratio of 3.34, a current ratio of 4.24 and a debt-to-equity ratio of 0.01. The business has a fifty day moving average of $43.19 and a two-hundred day moving average of $35.84. The stock has a market cap of $3.78 billion, a P/E ratio of 93.69 and a beta of 1.37. FormFactor has a 52-week low of $22.58 and a 52-week high of $61.10.

Institutional Investors Weigh In On FormFactor

A number of institutional investors have recently modified their holdings of the company. State of Wyoming lifted its stake in FormFactor by 18.4% during the 3rd quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock worth $61,000 after acquiring an additional 261 shares in the last quarter. Arizona State Retirement System grew its position in FormFactor by 1.5% in the 3rd quarter. Arizona State Retirement System now owns 22,796 shares of the semiconductor company’s stock valued at $830,000 after acquiring an additional 335 shares in the last quarter. CWM LLC increased its stake in FormFactor by 19.9% during the first quarter. CWM LLC now owns 2,303 shares of the semiconductor company’s stock worth $65,000 after purchasing an additional 382 shares during the period. Amalgamated Bank lifted its position in shares of FormFactor by 1.9% during the third quarter. Amalgamated Bank now owns 22,420 shares of the semiconductor company’s stock worth $817,000 after purchasing an additional 411 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in shares of FormFactor by 0.4% during the third quarter. Assenagon Asset Management S.A. now owns 116,154 shares of the semiconductor company’s stock worth $4,230,000 after purchasing an additional 414 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Kelley Steven-Waiss sold 3,600 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $30.43, for a total value of $109,548.00. Following the transaction, the director directly owned 35,479 shares in the company, valued at approximately $1,079,625.97. This represents a 9.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Mike Slessor sold 8,403 shares of the stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $50.06, for a total transaction of $420,654.18. Following the transaction, the chief executive officer directly owned 533,270 shares of the company’s stock, valued at $26,695,496.20. The trade was a 1.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 14,003 shares of company stock valued at $629,902. Company insiders own 0.90% of the company’s stock.

FormFactor Company Profile

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.