Northland Securities Predicts FormFactor Q3 Earnings

FormFactor, Inc. (NASDAQ:FORMFree Report) – Analysts at Northland Securities upped their Q3 2026 earnings per share (EPS) estimates for shares of FormFactor in a research note issued on Thursday, July 30th. Northland Securities analyst G. Richard now expects that the semiconductor company will post earnings of $0.78 per share for the quarter, up from their prior forecast of $0.55. The consensus estimate for FormFactor’s current full-year earnings is $2.27 per share. Northland Securities also issued estimates for FormFactor’s Q4 2026 earnings at $0.73 EPS, FY2026 earnings at $2.70 EPS, Q1 2027 earnings at $0.63 EPS, Q2 2027 earnings at $0.74 EPS, Q3 2027 earnings at $0.73 EPS, Q4 2027 earnings at $0.68 EPS and FY2027 earnings at $2.76 EPS.

FORM has been the subject of a number of other reports. TD Cowen reduced their price target on shares of FormFactor from $150.00 to $100.00 and set a “hold” rating for the company in a research report on Thursday, July 30th. Evercore set a $150.00 target price on FormFactor in a research report on Thursday, July 30th. Craig Hallum raised FormFactor from a “hold” rating to a “buy” rating and set a $175.00 target price for the company in a report on Tuesday, May 12th. Stifel Nicolaus set a $135.00 target price on FormFactor in a research report on Thursday, April 30th. Finally, Zacks Research downgraded FormFactor from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $127.45.

Read Our Latest Analysis on FormFactor

FormFactor Stock Up 10.6%

FORM stock opened at $120.30 on Wednesday. The company’s 50 day moving average is $123.34 and its two-hundred day moving average is $112.28. FormFactor has a twelve month low of $27.00 and a twelve month high of $160.27. The company has a current ratio of 4.08, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01. The stock has a market cap of $9.38 billion, a P/E ratio of 82.40 and a beta of 1.25.

FormFactor (NASDAQ:FORMGet Free Report) last released its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.21. The business had revenue of $258.24 million for the quarter, compared to the consensus estimate of $240.00 million. FormFactor had a return on equity of 13.44% and a net margin of 12.80%.The business’s revenue for the quarter was up 31.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.27 EPS. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS.

Institutional Trading of FormFactor

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC purchased a new position in shares of FormFactor in the 4th quarter valued at approximately $25,000. UMB Bank n.a. raised its stake in shares of FormFactor by 128.9% during the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 281 shares during the last quarter. Torren Management LLC purchased a new stake in shares of FormFactor during the fourth quarter worth approximately $41,000. Kestra Advisory Services LLC acquired a new stake in shares of FormFactor during the fourth quarter worth $53,000. Finally, Clearstead Advisors LLC lifted 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 purchasing an additional 389 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at FormFactor

In other FormFactor news, CEO Mike Slessor sold 11,890 shares of FormFactor stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $121.35, for a total value of $1,442,851.50. Following the transaction, the chief executive officer directly owned 435,147 shares in the company, valued at approximately $52,805,088.45. The trade was a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Brian C. White sold 3,250 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $126.00, for a total transaction of $409,500.00. Following the completion of the sale, the director directly owned 8,653 shares of the company’s stock, valued at $1,090,278. The trade was a 27.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 38,534 shares of company stock worth $4,864,118 in the last three months. Company insiders own 0.79% 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.

See Also

Earnings History and Estimates for FormFactor (NASDAQ:FORM)

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