Zacks Research Has Strong Outlook for FormFactor Q4 Earnings

FormFactor, Inc. (NASDAQ:FORM) – Stock analysts at Zacks Research boosted their Q4 2026 earnings per share (EPS) estimates for shares of FormFactor in a note issued to investors on Wednesday, January 14th. Zacks Research analyst Team now forecasts that the semiconductor company will earn $0.28 per share for the quarter, up from their previous forecast of $0.27. 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 Q3 2027 earnings at $0.32 EPS, Q4 2027 earnings at $0.34 EPS and FY2027 earnings at $1.22 EPS.

FORM has been the subject of a number of other research reports. Cowen reaffirmed a “hold” rating on shares of FormFactor in a research report on Thursday, October 30th. Weiss Ratings restated a “hold (c)” rating on shares of FormFactor in a research note on Wednesday, October 8th. TD Cowen lifted their price objective on FormFactor from $35.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday, October 30th. DA Davidson set a $55.00 price objective on FormFactor in a report on Thursday, October 30th. Finally, Stifel Nicolaus increased their target price on FormFactor from $42.00 to $65.00 and gave the stock a “hold” rating in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $59.88.

FormFactor Trading Up 1.4%

Shares of FORM stock opened at $79.40 on Monday. The company has a 50-day moving average of $58.88 and a two-hundred day moving average of $44.26. The firm has a market cap of $6.16 billion, a PE ratio of 152.70 and a beta of 1.12. FormFactor has a 1-year low of $22.58 and a 1-year high of $80.18. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.30 and a quick ratio of 3.46.

Insider Buying and Selling

In related news, Director Dennis Thomas St sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $49.85, for a total value of $99,700.00. Following the sale, the director owned 38,957 shares of the company’s stock, valued at $1,942,006.45. This trade represents a 4.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kelley Steven-Waiss sold 2,700 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $55.97, for a total transaction of $151,119.00. Following the transaction, the director owned 32,779 shares of the company’s stock, valued at $1,834,640.63. This trade represents a 7.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 73,466 shares of company stock worth $4,683,377. Company insiders own 0.96% of the company’s stock.

Institutional Trading of FormFactor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC raised its position in FormFactor by 1,158.7% in the 4th quarter. SG Americas Securities LLC now owns 175,432 shares of the semiconductor company’s stock valued at $9,786,000 after purchasing an additional 161,494 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in FormFactor by 384.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 562,769 shares of the semiconductor company’s stock valued at $31,391,000 after purchasing an additional 446,615 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of FormFactor by 2.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 16,073 shares of the semiconductor company’s stock valued at $897,000 after buying an additional 370 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of FormFactor by 12.6% in the fourth quarter. GAMMA Investing LLC now owns 5,184 shares of the semiconductor company’s stock valued at $289,000 after buying an additional 579 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new stake in shares of FormFactor during the third quarter worth about $303,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

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.