FormFactor (NASDAQ:FORM) Price Target Raised to $125.00

FormFactor (NASDAQ:FORM) had its price target lifted by Cantor Fitzgerald from $100.00 to $125.00 in a report published on Monday,Benzinga reports. Cantor Fitzgerald currently has an overweight rating on the semiconductor company’s stock.

FORM has been the subject of several other research reports. Wall Street Zen upgraded shares of FormFactor from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Stifel Nicolaus increased their target price on shares of FormFactor from $65.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, February 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of FormFactor in a research note on Thursday, January 22nd. TD Cowen increased their target price on shares of FormFactor from $50.00 to $80.00 and gave the company a “hold” rating in a research note on Thursday, February 5th. Finally, Itau BBA Securities upgraded shares of FormFactor to an “outperform” rating in a research note on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $83.18.

FormFactor Trading Up 12.1%

Shares of NASDAQ:FORM opened at $117.80 on Monday. The company has a market cap of $9.18 billion, a P/E ratio of 170.73 and a beta of 1.04. The stock’s 50-day moving average is $93.81 and its 200-day moving average is $67.88. FormFactor has a 52-week low of $23.29 and a 52-week high of $118.24. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.60 and a current ratio of 4.50.

FormFactor (NASDAQ:FORM) last issued its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.11. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The company had revenue of $215.16 million for the quarter, compared to the consensus estimate of $210.29 million. During the same period last year, the business posted $0.27 earnings per share. The firm’s revenue was up 13.6% compared to the same quarter last year. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Equities research analysts predict that FormFactor will post 0.9 earnings per share for the current year.

Insider Activity

In other news, Director Brian C. White sold 5,500 shares of FormFactor stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $90.95, for a total value of $500,225.00. Following the completion of the transaction, the director owned 12,856 shares in the company, valued at approximately $1,169,253.20. The trade was a 29.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Aric Brendan Mckinnis sold 3,462 shares of FormFactor stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $90.42, for a total transaction of $313,034.04. Following the completion of the transaction, the chief financial officer owned 11,140 shares of the company’s stock, valued at $1,007,278.80. This trade represents a 23.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 66,276 shares of company stock valued at $6,001,771. 0.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Los Angeles Capital Management LLC acquired a new stake in shares of FormFactor in the fourth quarter valued at approximately $25,000. UMB Bank n.a. increased its holdings in shares of FormFactor by 128.9% in the fourth 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 in the last quarter. Salomon & Ludwin LLC acquired a new stake in shares of FormFactor in the third quarter valued at approximately $25,000. Torren Management LLC acquired a new stake in shares of FormFactor in the fourth quarter valued at approximately $41,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of FormFactor in the fourth quarter valued at approximately $53,000. Institutional investors own 98.76% 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.