FormFactor, Inc. (NASDAQ:FORM) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of FormFactor, Inc. (NASDAQ:FORM) have been assigned an average recommendation of “Moderate Buy” from the eleven brokerages that are presently covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $132.4545.

Several equities research analysts have recently commented on FORM shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $175.00 price target on shares of FormFactor in a research report on Monday, April 27th. Citigroup raised their price objective on shares of FormFactor to $165.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Zacks Research lowered shares of FormFactor from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Weiss Ratings cut shares of FormFactor from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, July 15th. Finally, TD Cowen increased their price target on shares of FormFactor from $80.00 to $150.00 and gave the stock a “hold” rating in a research report on Thursday, April 30th.

FormFactor Stock Performance

Shares of FORM opened at $104.04 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.55 and a quick ratio of 3.69. FormFactor has a one year low of $26.08 and a one year high of $160.27. The firm has a market capitalization of $8.11 billion, a P/E ratio of 119.59 and a beta of 1.22. The business has a fifty day moving average of $126.76 and a 200 day moving average of $110.64.

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

Insider Transactions at FormFactor

In other FormFactor news, Director Dennis Thomas St sold 2,800 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $151.49, for a total transaction of $424,172.00. Following the completion of the sale, the director owned 29,073 shares of the company’s stock, valued at approximately $4,404,268.77. The trade was a 8.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Mike Slessor sold 11,890 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $121.35, for a total value of $1,442,851.50. Following the completion of the sale, the chief executive officer owned 435,147 shares of the company’s stock, valued at approximately $52,805,088.45. The trade was a 2.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 38,534 shares of company stock worth $4,864,118 over the last three months. 0.79% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Los Angeles Capital Management LLC purchased a new stake in FormFactor in the 4th quarter worth approximately $25,000. UMB Bank n.a. lifted its holdings in FormFactor by 128.9% during 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. Torren Management LLC purchased a new position in FormFactor during the fourth quarter valued at approximately $41,000. Kestra Advisory Services LLC bought a new position in shares of FormFactor in the fourth quarter worth approximately $53,000. Finally, Clearstead Advisors LLC boosted its position in shares of FormFactor by 58.9% in the fourth quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock worth $59,000 after purchasing an additional 389 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

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.