FormFactor (NASDAQ:FORM) Stock Price Down 12.5% – Here’s Why

Posted by Stanley Muller on May 14th, 2026

FormFactor, Inc. (NASDAQ:FORM – Get Free Report) shares traded down 12.5% during trading on Tuesday . The stock traded as low as $134.77 and last traded at $132.5060. 721,795 shares traded hands during trading, a decline of 56% from the average session volume of 1,635,129 shares. The stock had previously closed at $151.40.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on FORM. Weiss Ratings raised FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. TD Cowen lifted their price target on FormFactor from $80.00 to $150.00 and gave the company a “hold” rating in a research note on Thursday, April 30th. Evercore set a $155.00 price target on FormFactor in a report on Thursday, April 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $175.00 price objective on shares of FormFactor in a research note on Monday, April 27th. Finally, Loop Capital set a $64.00 target price on shares of FormFactor in a research report on Tuesday, January 27th. Four equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, FormFactor currently has a consensus rating of “Hold” and a consensus price target of $132.45.

Get Our Latest Analysis on FormFactor

FormFactor Stock Performance

The firm has a market capitalization of $9.98 billion, a P/E ratio of 147.12 and a beta of 1.32. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average of $115.77 and a 200-day moving average of $84.08.

FormFactor (NASDAQ:FORM – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.11. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.The firm had revenue of $226.14 million for the quarter, compared to analyst estimates of $225.54 million. During the same quarter in the previous year, the company posted $0.23 EPS. The business’s 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, equities analysts anticipate that FormFactor, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Buying and Selling at FormFactor

In other FormFactor news, Director Brian C. White sold 2,300 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $100.01, for a total transaction of $230,023.00. Following the completion of the sale, the director owned 10,556 shares of the company’s stock, valued at approximately $1,055,705.56. This represents a 17.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Aric Brendan Mckinnis sold 3,462 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $90.42, for a total transaction of $313,034.04. Following the transaction, the chief financial officer owned 11,140 shares of the company’s stock, valued at approximately $1,007,278.80. The trade was a 23.71% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 45,385 shares of company stock valued at $4,968,350. 0.79% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On FormFactor

Hedge funds and other institutional investors have recently bought and sold shares of the company. Victory Capital Management Inc. grew its holdings in FormFactor by 5,596.8% during the 4th quarter. Victory Capital Management Inc. now owns 1,256,545 shares of the semiconductor company’s stock worth $70,090,000 after acquiring an additional 1,234,488 shares during the period. Morgan Stanley lifted its stake in shares of FormFactor by 98.5% in the 4th quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock valued at $126,708,000 after purchasing an additional 1,127,146 shares during the period. Fuller & Thaler Asset Management Inc. bought a new stake in shares of FormFactor during the 4th quarter valued at about $60,495,000. Westfield Capital Management Co. LP bought a new stake in shares of FormFactor during the 3rd quarter valued at about $37,391,000. Finally, Shannon River Fund Management LLC acquired a new stake in FormFactor during the third quarter worth approximately $35,260,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

About FormFactor

(Get Free Report)

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.