FormFactor (NASDAQ:FORM) Stock Price Down 7.2% – Here’s What Happened

Posted by Stanley Muller on Jul 29th, 2026

Shares of FormFactor, Inc. (NASDAQ:FORM – Get Free Report) fell 7.2% during trading on Monday . The company traded as low as $97.04 and last traded at $96.5250. 137,745 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 1,701,208 shares. The stock had previously closed at $104.04.

Analyst Upgrades and Downgrades

FORM has been the subject of a number of research analyst reports. Craig Hallum raised shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price objective for the company in a report on Tuesday, May 12th. Cantor Fitzgerald restated an “overweight” rating on shares of FormFactor in a research report on Monday. Northland Securities set a $118.00 price target on FormFactor in a research note on Thursday, April 30th. Stifel Nicolaus set a $135.00 price objective on FormFactor in a report on Thursday, April 30th. Finally, Citigroup increased their price objective on FormFactor to $165.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $132.45.

Check Out Our Latest Report on FORM

FormFactor Stock Performance

The company has a market cap of $6.88 billion, a P/E ratio of 101.41 and a beta of 1.22. The company’s fifty day moving average is $125.81 and its 200 day moving average is $111.06. The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01.

FormFactor (NASDAQ:FORM – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share for the quarter, topping 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 business had revenue of $226.14 million during the quarter, compared to the consensus estimate of $225.54 million. During the same period in the previous year, the firm posted $0.23 earnings per share. The firm’s revenue for the quarter was up 31.9% on a year-over-year basis. As a group, equities analysts predict that FormFactor, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Activity at FormFactor

In other FormFactor news, Director Rebeca Obregon-Jimenez sold 3,828 shares of FormFactor stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $126.47, for a total value of $484,127.16. Following the transaction, the director directly owned 7,875 shares of the company’s stock, valued at $995,951.25. The trade was a 32.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dennis Thomas St sold 2,800 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $151.49, for a total value of $424,172.00. Following the completion of the sale, the director owned 29,073 shares of the company’s stock, valued at $4,404,268.77. The trade was a 8.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 38,534 shares of company stock worth $4,864,118 over the last three months. Corporate insiders own 0.79% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FORM. Victory Capital Management Inc. raised 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 valued at $70,090,000 after buying an additional 1,234,488 shares during the last quarter. Morgan Stanley increased its position in shares of FormFactor by 98.5% in the fourth quarter. Morgan Stanley now owns 2,271,562 shares of the semiconductor company’s stock valued at $126,708,000 after acquiring an additional 1,127,146 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new position in shares of FormFactor in the fourth quarter valued at about $60,495,000. Norges Bank bought a new position in shares of FormFactor during the fourth quarter valued at about $31,451,000. Finally, Channing Capital Management LLC boosted its holdings in shares of FormFactor by 115.5% during the fourth quarter. Channing Capital Management LLC now owns 1,000,729 shares of the semiconductor company’s stock worth $55,821,000 after purchasing an additional 536,448 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

FormFactor Company Profile

(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.