Research Analysts Issue Forecasts for FormFactor Q3 Earnings

FormFactor, Inc. (NASDAQ:FORM) – Stock analysts at Zacks Research dropped their Q3 2025 earnings per share (EPS) estimates for FormFactor in a research note issued on Wednesday, May 21st. Zacks Research analyst R. Department now anticipates that the semiconductor company will earn $0.21 per share for the quarter, down from their previous forecast of $0.25. The consensus estimate for FormFactor’s current full-year earnings is $0.90 per share. Zacks Research also issued estimates for FormFactor’s Q4 2025 earnings at $0.22 EPS, FY2025 earnings at $0.74 EPS, Q1 2026 earnings at $0.14 EPS, Q3 2026 earnings at $0.32 EPS, Q4 2026 earnings at $0.36 EPS, FY2026 earnings at $1.01 EPS, Q1 2027 earnings at $0.09 EPS and FY2027 earnings at $1.16 EPS.

FORM has been the subject of several other research reports. Stifel Nicolaus reduced their price target on shares of FormFactor from $48.00 to $42.00 and set a “hold” rating for the company in a report on Thursday, February 6th. Needham & Company LLC reissued a “hold” rating on shares of FormFactor in a research note on Thursday, May 1st. Evercore ISI lowered their target price on FormFactor from $43.00 to $33.00 and set an “in-line” rating for the company in a report on Thursday, May 1st. B. Riley increased their target price on FormFactor from $26.00 to $32.00 and gave the company a “neutral” rating in a research report on Thursday, May 1st. Finally, DA Davidson cut their price target on FormFactor from $50.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, May 1st. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $42.71.

FormFactor Stock Down 1.3%

Shares of FormFactor stock opened at $30.37 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.61 and a quick ratio of 3.83. The stock has a market cap of $2.34 billion, a price-to-earnings ratio of 34.12 and a beta of 1.14. The firm’s 50-day moving average is $28.85 and its two-hundred day moving average is $36.08. FormFactor has a 1 year low of $22.58 and a 1 year high of $63.63.

FormFactor (NASDAQ:FORM) last issued its earnings results on Wednesday, April 30th. The semiconductor company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. The business had revenue of $171.36 million during the quarter, compared to analysts’ expectations of $170.03 million. FormFactor had a return on equity of 5.93% and a net margin of 9.12%. The business’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.18 EPS.

Insider Buying and Selling at FormFactor

In related news, CEO Mike Slessor sold 4,000 shares of the company’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $28.24, for a total transaction of $112,960.00. Following the transaction, the chief executive officer now directly owns 514,650 shares of the company’s stock, valued at $14,533,716. This represents a 0.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.90% of the stock is owned by insiders.

Institutional Investors Weigh In On FormFactor

A number of large investors have recently modified their holdings of FORM. Barclays PLC boosted its stake in FormFactor by 351.9% in the 3rd quarter. Barclays PLC now owns 145,492 shares of the semiconductor company’s stock worth $6,692,000 after purchasing an additional 113,296 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of FormFactor by 4,732.4% in the fourth quarter. IFP Advisors Inc now owns 1,643 shares of the semiconductor company’s stock worth $72,000 after buying an additional 1,609 shares during the last quarter. Swiss National Bank lifted its stake in shares of FormFactor by 0.9% during the fourth quarter. Swiss National Bank now owns 152,200 shares of the semiconductor company’s stock worth $6,697,000 after buying an additional 1,400 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of FormFactor by 3.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 920,441 shares of the semiconductor company’s stock valued at $40,499,000 after buying an additional 34,338 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in shares of FormFactor by 22.4% during the fourth quarter. Sanctuary Advisors LLC now owns 18,225 shares of the semiconductor company’s stock valued at $802,000 after buying an additional 3,333 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

About FormFactor

FormFactor, Inc designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.