FormFactor, Inc. (NASDAQ:FORM) Receives $132.45 Consensus Target Price from Brokerages

Posted by on Aug 3rd, 2026

Shares of FormFactor, Inc. (NASDAQ:FORM – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $127.4545.

Several equities analysts have recently commented on FORM shares. Craig Hallum upgraded shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 target price for the company in a research report on Tuesday, May 12th. Weiss Ratings lowered shares of FormFactor from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, July 15th. Zacks Research cut shares of FormFactor from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Wall Street Zen upgraded shares of FormFactor from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Stifel Nicolaus set a $135.00 target price on FormFactor in a research note on Thursday, April 30th.

Check Out Our Latest Research Report on FORM

Insider Activity at FormFactor

In other FormFactor news, CEO Mike Slessor sold 11,890 shares of FormFactor stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $121.35, for a total value of $1,442,851.50. Following the transaction, the chief executive officer owned 435,147 shares in the company, valued at $52,805,088.45. The trade was a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sheri Rhodes sold 6,328 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $125.40, for a total value of $793,531.20. Following the transaction, the director directly owned 5,375 shares of the company’s stock, valued at approximately $674,025. The trade was a 54.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 38,534 shares of company stock worth $4,864,118 in the last three months. Insiders own 0.79% of the company’s stock.

Institutional Investors Weigh In On FormFactor

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Los Angeles Capital Management LLC acquired a new position in FormFactor during the 4th quarter worth approximately $25,000. UMB Bank n.a. boosted its position in FormFactor by 128.9% in 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 in the last quarter. Torren Management LLC bought a new stake in shares of FormFactor during the fourth quarter worth $41,000. Kestra Advisory Services LLC bought a new stake in shares of FormFactor during the fourth quarter worth $53,000. Finally, Clearstead Advisors LLC increased its holdings 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 worth $59,000 after buying an additional 389 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

FormFactor Stock Performance

NASDAQ:FORM opened at $106.20 on Monday. The company has a market cap of $8.28 billion, a price-to-earnings ratio of 72.74 and a beta of 1.25. FormFactor has a fifty-two week low of $26.08 and a fifty-two week high of $160.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 4.08. The stock has a fifty day moving average price of $124.07 and a 200-day moving average price of $111.69.

FormFactor (NASDAQ:FORM – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.21. FormFactor had a return on equity of 13.44% and a net margin of 12.80%.The company had revenue of $258.24 million for the quarter, compared to analysts’ expectations of $240.00 million. During the same quarter last year, the business earned $0.27 earnings per share. FormFactor’s revenue was up 31.9% on a year-over-year basis. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. As a group, equities analysts anticipate that FormFactor will post 2.13 EPS for the current fiscal year.

FormFactor News Roundup

Here are the key news stories impacting FormFactor this week:

  • Positive Sentiment: FormFactor reported second-quarter EPS of $0.82, well above the $0.61 consensus estimate, while revenue rose 31.9% year over year to $258.24 million, exceeding expectations of $240 million. FormFactor’s Q2 Earnings Beat Estimates, Revenues Increase Y/Y
  • Positive Sentiment: Management projected third-quarter EPS of $0.77–$0.95 and revenue of $260 million–$280 million, both above analyst consensus. The outlook reflects continued strength in high-bandwidth memory and AI-related demand, plus a systems recovery. FormFactor Q2 Earnings Call Highlights
  • Positive Sentiment: The company cited record profitability, accelerating AI and high-performance-computing demand, capacity expansion, and a planned Farmers Branch facility ramp beginning in the fourth quarter. These developments could support longer-term growth if demand persists. FormFactor Q3 Forecast and Farmers Branch Ramp
  • Neutral Sentiment: Recent commentary views the earnings improvement as encouraging but suggests future upside depends on execution, continued semiconductor investment, and the timing of longer-term opportunities such as co-packaged optics. FormFactor Q2 Review
  • Negative Sentiment: TD Cowen lowered its price target from $150 to $100 and maintained a Hold rating, signaling limited near-term upside at the current valuation. Needham also maintained a Hold rating, citing strong near-term performance but a back-end-loaded growth outlook. FormFactor Rated Hold
  • Negative Sentiment: A comparative Zacks analysis favored Aehr Test Systems over FormFactor for long-term growth, citing Aehr’s record bookings, AI-related backlog, and expanding burn-in portfolio. FORM vs. AEHR

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.

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Analyst Recommendations for FormFactor (NASDAQ:FORM)

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