FormFactor, Inc. (NASDAQ:FORM) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of FormFactor, Inc. (NASDAQ:FORM) have been given an average recommendation of “Moderate Buy” by the eleven analysts that are covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $132.4545.

A number of research analysts recently commented on the company. Citigroup increased their target price on FormFactor to $165.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Evercore raised FormFactor from an “in-line” rating to an “outperform” rating and set a $155.00 price target for the company in a research note on Friday, June 5th. TD Cowen upped their price objective on FormFactor from $80.00 to $150.00 and gave the stock a “hold” rating in a report on Thursday, April 30th. Zacks Research upgraded FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 26th. Finally, Stifel Nicolaus set a $135.00 price objective on FormFactor in a report on Thursday, April 30th.

FormFactor Price Performance

FORM stock opened at $147.13 on Thursday. The firm has a 50 day simple moving average of $136.17 and a two-hundred day simple moving average of $103.93. The stock has a market cap of $11.47 billion, a PE ratio of 169.12 and a beta of 1.21. FormFactor has a one year low of $26.08 and a one year high of $160.27. 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 (NASDAQ:FORM) last posted its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.11. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. The firm had revenue of $226.14 million for the quarter, compared to analysts’ expectations of $225.54 million. During the same quarter last year, the company posted $0.23 EPS. The business’s quarterly revenue was up 31.9% on a year-over-year basis. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. On average, analysts predict that FormFactor will post 2.03 EPS for the current fiscal year.

Insiders Place Their Bets

In other FormFactor news, Director Rebeca Obregon-Jimenez sold 3,828 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $126.47, for a total transaction of $484,127.16. Following the transaction, the director directly owned 7,875 shares in the company, valued at $995,951.25. This trade represents a 32.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Brian C. White sold 3,250 shares of FormFactor stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $126.00, for a total transaction of $409,500.00. Following the transaction, the director directly owned 8,653 shares in the company, valued at $1,090,278. This trade represents a 27.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 49,828 shares of company stock valued at $6,306,587 over the last 90 days. Company insiders own 0.79% of the company’s stock.

Hedge Funds Weigh In On FormFactor

Several institutional investors and hedge funds have recently made changes to their positions in the business. Los Angeles Capital Management LLC purchased a new position in FormFactor in the 4th quarter worth $25,000. UMB Bank n.a. boosted its position 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 buying an additional 281 shares during the period. Torren Management LLC purchased a new stake in FormFactor during the fourth quarter valued at about $41,000. Kestra Advisory Services LLC bought a new position in shares of FormFactor during the fourth quarter valued at about $53,000. Finally, Clearstead Advisors LLC grew its stake in shares of FormFactor by 58.9% during the fourth quarter. Clearstead Advisors LLC now owns 1,050 shares of the semiconductor company’s stock valued at $59,000 after buying an additional 389 shares during the last quarter. Institutional investors 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.