Q3 EPS Estimates for FormFactor Increased by Zacks Research

FormFactor, Inc. (NASDAQ:FORM) – Equities research analysts at Zacks Research raised their Q3 2026 earnings per share estimates for shares of FormFactor in a research note issued on Wednesday, February 25th. Zacks Research analyst Team now forecasts that the semiconductor company will post earnings per share of $0.29 for the quarter, up from their prior forecast of $0.26. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for FormFactor’s current full-year earnings is $0.90 per share. Zacks Research also issued estimates for FormFactor’s Q4 2027 earnings at $0.40 EPS and FY2028 earnings at $1.82 EPS.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.11. The company had revenue of $215.16 million for the quarter, compared to the consensus estimate of $210.29 million. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.FormFactor’s revenue was up 13.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.27 EPS. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS.

Several other equities research analysts have also commented on FORM. Northland Securities set a $70.00 price target on shares of FormFactor in a research note on Thursday, February 5th. TD Cowen lifted their target price on FormFactor from $50.00 to $80.00 and gave the stock a “hold” rating in a research report on Thursday, February 5th. B. Riley Financial reissued a “buy” rating on shares of FormFactor in a report on Thursday, February 5th. Itau BBA Securities upgraded FormFactor to an “outperform” rating in a research note on Tuesday, January 27th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of FormFactor in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $80.91.

FormFactor Stock Down 7.6%

Shares of NASDAQ:FORM opened at $97.75 on Friday. The firm has a 50 day simple moving average of $76.53 and a 200-day simple moving average of $54.14. FormFactor has a twelve month low of $22.58 and a twelve month high of $107.04. The company has a current ratio of 4.50, a quick ratio of 3.60 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $7.62 billion, a PE ratio of 141.67 and a beta of 1.11.

Hedge Funds Weigh In On FormFactor

Institutional investors have recently added to or reduced their stakes in the business. State of New Jersey Common Pension Fund D boosted its stake in FormFactor by 9.5% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 61,190 shares of the semiconductor company’s stock worth $2,106,000 after buying an additional 5,295 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of FormFactor during the 3rd quarter worth about $508,000. Reinhart Partners LLC. boosted its position in shares of FormFactor by 26.3% in the third quarter. Reinhart Partners LLC. now owns 2,404,854 shares of the semiconductor company’s stock worth $87,585,000 after acquiring an additional 500,156 shares during the last quarter. Edgestream Partners L.P. purchased a new position in FormFactor during the second quarter worth approximately $4,715,000. Finally, Atria Investments Inc acquired a new stake in FormFactor during the 2nd quarter worth approximately $218,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at FormFactor

In other news, Director Sheri Rhodes sold 7,634 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $92.61, for a total transaction of $706,984.74. Following the completion of the transaction, the director directly owned 10,356 shares of the company’s stock, valued at $959,069.16. This trade represents a 42.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Brian C. White sold 2,300 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $100.01, for a total value of $230,023.00. Following the completion of the sale, the director owned 10,556 shares in the company, valued at $1,055,705.56. This represents a 17.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 102,562 shares of company stock valued at $7,873,371. Corporate insiders own 0.90% of the company’s stock.

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.