FormFactor, Inc. (NASDAQ:FORM) Stock Has Average Price Target of $133.50 According to Analysts

FormFactor, Inc. (NASDAQ:FORM) has been given a consensus rating of “Moderate Buy” by the twelve ratings firms that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $131.83.

FORM has been the subject of a number of research analyst reports. Stifel Nicolaus set a $115.00 price target on FormFactor in a report on Tuesday. Evercore set a $150.00 target price on FormFactor in a research report on Thursday, July 30th. Weiss Ratings downgraded FormFactor from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, October 2nd. Cantor Fitzgerald reissued an “overweight” rating on shares of FormFactor in a report on Tuesday, September 22nd. Finally, Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th.

Insider Buying and Selling

In other FormFactor news, Director Kelley Steven-Waiss sold 2,100 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $96.10, for a total value of $201,810.00. Following the sale, the director owned 24,426 shares in the company, valued at $2,347,338.60. This trade represents a 7.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Mike Slessor sold 17,510 shares of the firm’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $104.73, for a total transaction of $1,833,822.30. Following the completion of the sale, the chief executive officer owned 466,694 shares in the company, valued at $48,876,862.62. This represents a 3.62% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 46,710 shares of company stock valued at $5,520,564. 0.79% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FORM. Bank of America Corp DE bought a new stake in shares of FormFactor in the 2nd quarter valued at $285,257,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in FormFactor during the second quarter worth $2,047,000. Public Employees Retirement System of Ohio acquired a new position in FormFactor in the second quarter valued at $3,940,000. The Manufacturers Life Insurance Company bought a new stake in FormFactor during the second quarter valued at $4,108,000. Finally, Concurrent Investment Advisors LLC bought a new stake in FormFactor during the second quarter valued at $3,919,000. 98.76% of the stock is currently owned by institutional investors.

FormFactor Price Performance

NASDAQ:FORM traded down $8.33 during mid-day trading on Friday, reaching $105.01. The stock had a trading volume of 1,547,955 shares, compared to its average volume of 2,060,321. The stock has a 50-day simple moving average of $120.16 and a two-hundred day simple moving average of $123.51. The stock has a market capitalization of $8.19 billion, a PE ratio of 71.92 and a beta of 1.18. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.08 and a quick ratio of 3.34. FormFactor has a 12 month low of $40.60 and a 12 month high of $160.27.

FormFactor (NASDAQ:FORM) last released its earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.21. The firm had revenue of $258.24 million during the quarter, compared to analysts’ expectations of $240.00 million. FormFactor had a return on equity of 13.44% and a net margin of 12.80%. The company’s quarterly revenue was up 31.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.27 earnings per share. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. On average, equities analysts anticipate that FormFactor will post 2.70 earnings per share for the current year.

About FormFactor

FormFactor, Inc develops and manufactures semiconductor test and measurement products used throughout the integrated-circuit manufacturing process. Its technologies help chip manufacturers and semiconductor companies evaluate the electrical performance, reliability and quality of wafers and individual devices before and during production.

The company’s offerings include advanced wafer probe cards, probe card assemblies, semiconductor test systems, engineering probe stations and related accessories and services.