FormFactor, Inc. (NASDAQ:FORM) Receives $41.00 Average PT from Analysts

Shares of FormFactor, Inc. (NASDAQ:FORM) have been given an average recommendation of “Hold” by the nine brokerages that are presently covering the firm, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $41.00.

FORM has been the subject of a number of analyst reports. Citigroup reiterated a “neutral” rating and issued a $31.00 target price (down from $36.00) on shares of FormFactor in a research note on Thursday, August 21st. Wall Street Zen upgraded shares of FormFactor from a “sell” rating to a “hold” rating in a research note on Saturday, September 20th. Zacks Research upgraded shares of FormFactor from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. B. Riley upgraded shares of FormFactor from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $34.00 to $47.00 in a research note on Friday, October 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of FormFactor in a research note on Wednesday, October 8th.

FormFactor Price Performance

NASDAQ FORM opened at $43.77 on Friday. The company has a quick ratio of 3.34, a current ratio of 4.24 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $3.38 billion, a PE ratio of 78.16 and a beta of 1.28. The company has a 50 day moving average price of $35.08 and a two-hundred day moving average price of $32.82. FormFactor has a 12-month low of $22.58 and a 12-month high of $50.79.

FormFactor (NASDAQ:FORM) last posted its earnings results on Wednesday, July 30th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.03). The business had revenue of $195.80 million during the quarter, compared to analyst estimates of $190.17 million. FormFactor had a net margin of 5.75% and a return on equity of 5.57%. FormFactor’s revenue was down .8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.35 earnings per share. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. As a group, equities analysts predict that FormFactor will post 0.9 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Rebeca Obregon-Jimenez sold 4,000 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $29.55, for a total value of $118,200.00. Following the completion of the sale, the director directly owned 13,126 shares in the company, valued at approximately $387,873.30. The trade was a 23.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kelley Steven-Waiss sold 3,600 shares of the business’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $30.43, for a total transaction of $109,548.00. Following the completion of the sale, the director owned 35,479 shares of the company’s stock, valued at $1,079,625.97. The trade was a 9.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On FormFactor

Institutional investors and hedge funds have recently bought and sold shares of the stock. Salomon & Ludwin LLC bought a new position in FormFactor during the third quarter worth $25,000. MassMutual Private Wealth & Trust FSB increased its holdings in FormFactor by 282.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 741 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 547 shares during the period. AlphaQuest LLC increased its holdings in FormFactor by 96,900.0% in the 1st quarter. AlphaQuest LLC now owns 970 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 969 shares during the period. Headlands Technologies LLC bought a new stake in FormFactor in the 1st quarter valued at $42,000. Finally, EverSource Wealth Advisors LLC increased its holdings in FormFactor by 208.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,843 shares of the semiconductor company’s stock valued at $63,000 after buying an additional 1,246 shares during the period. Institutional investors own 98.76% of the company’s stock.

FormFactor Company Profile

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.