FormFactor, Inc. (NASDAQ:FORM) Given Average Rating of “Moderate Buy” by Brokerages

Shares of FormFactor, Inc. (NASDAQ:FORMGet Free Report) have received a consensus rating of “Moderate Buy” from the eleven brokerages that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $127.4545.

A number of equities analysts have weighed in on FORM shares. Zacks Research upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. TD Cowen decreased their price objective on shares of FormFactor from $150.00 to $100.00 and set a “hold” rating on the stock in a research report on Thursday, July 30th. Weiss Ratings upgraded shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 6th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of FormFactor in a report on Monday, July 27th. Finally, B. Riley Financial upgraded FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 price target for the company in a research note on Thursday, June 11th.

Check Out Our Latest Analysis on FORM

Insider Activity

In other news, CEO Mike Slessor sold 16,002 shares of FormFactor stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $130.95, for a total transaction of $2,095,461.90. Following the sale, the chief executive officer owned 484,204 shares in the company, valued at $63,406,513.80. This trade represents a 3.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kelley Steven-Waiss sold 2,100 shares of the business’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $96.10, for a total transaction of $201,810.00. Following the completion of the sale, the director owned 24,426 shares in the company, valued at approximately $2,347,338.60. The trade was a 7.92% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.79% of the company’s stock.

Institutional Trading of FormFactor

Several hedge funds and other institutional investors have recently bought and sold shares of FORM. Keating Financial Advisory Services Inc. bought a new position in FormFactor in the 2nd quarter valued at $25,000. Persistent Asset Partners Ltd bought a new stake in shares of FormFactor during the second quarter worth $43,000. Allworth Financial LP purchased a new stake in shares of FormFactor during the second quarter valued at $72,000. USA Financial Formulas purchased a new stake in shares of FormFactor during the first quarter valued at $46,000. Finally, Clearstead Advisors LLC grew its holdings in shares of FormFactor by 58.9% in 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 last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

FormFactor Price Performance

Shares of NASDAQ:FORM opened at $102.94 on Tuesday. The business has a fifty day moving average price of $110.74 and a 200-day moving average price of $118.04. FormFactor has a 1-year low of $30.20 and a 1-year high of $160.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.08 and a quick ratio of 3.34. The company has a market capitalization of $8.03 billion, a PE ratio of 70.51 and a beta of 1.24.

FormFactor (NASDAQ:FORMGet Free Report) last posted 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 company had revenue of $258.24 million during the quarter, compared to analysts’ expectations of $240.00 million. FormFactor had a return on equity of 13.44% and a net margin of 12.80%.FormFactor’s revenue for the quarter was up 31.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.27 earnings per share. FormFactor has set its Q3 2026 guidance at 0.770-0.950 EPS. As a group, equities analysts expect that FormFactor will post 2.7 EPS for the current fiscal year.

About FormFactor

(Get Free Report)

FormFactor, Inc is a semiconductor test and measurement company that develops and manufactures equipment and components used to evaluate integrated circuits during wafer fabrication and final testing. Its products help semiconductor manufacturers and research organizations measure electrical performance, identify defects and improve yields before chips are packaged and shipped.

The company’s product portfolio includes advanced wafer probe cards, which establish electrical connections with semiconductor wafers during automated testing, as well as engineering probe systems, probe stations and related measurement technologies.

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Analyst Recommendations for FormFactor (NASDAQ:FORM)

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