Analysts Set FormFactor, Inc. (NASDAQ:FORM) PT at $38.29

Shares of FormFactor, Inc. (NASDAQ:FORM) have been given an average recommendation of “Hold” by the seven brokerages that are presently covering the stock, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $38.2857.

Several brokerages recently issued reports on FORM. Wall Street Zen downgraded FormFactor from a “hold” rating to a “sell” rating in a research note on Saturday, August 2nd. Citigroup reissued a “neutral” rating and set a $31.00 target price (down previously from $36.00) on shares of FormFactor in a research note on Thursday, August 21st. Finally, Stifel Nicolaus decreased their target price on FormFactor from $34.00 to $31.00 and set a “hold” rating on the stock in a research note on Thursday, July 31st.

Insider Transactions at FormFactor

In other FormFactor news, Director Rebeca Obregon-Jimenez sold 4,000 shares of FormFactor stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $29.55, for a total value of $118,200.00. Following the sale, the director owned 13,126 shares of the company’s stock, valued at $387,873.30. The trade was a 23.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.96% of the stock is currently owned by insiders.

Hedge Funds Weigh In On FormFactor

Institutional investors and hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio purchased a new position in shares of FormFactor in the 4th quarter worth approximately $27,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of FormFactor by 282.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 741 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 547 shares during the period. AlphaQuest LLC boosted its holdings in shares of FormFactor by 96,900.0% in the 1st quarter. AlphaQuest LLC now owns 970 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 969 shares during the period. Versant Capital Management Inc boosted its holdings in FormFactor by 256.3% during the 1st quarter. Versant Capital Management Inc now owns 1,197 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 861 shares during the period. Finally, Headlands Technologies LLC purchased a new position in FormFactor during the 1st quarter valued at $42,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

FormFactor Stock Up 1.4%

NASDAQ FORM opened at $29.36 on Friday. The stock’s 50-day moving average price is $31.81 and its 200-day moving average price is $31.08. The company has a market capitalization of $2.26 billion, a P/E ratio of 52.43 and a beta of 1.24. FormFactor has a 52 week low of $22.58 and a 52 week high of $50.79. The company has a quick ratio of 3.34, a current ratio of 4.24 and a debt-to-equity ratio of 0.01.

FormFactor (NASDAQ:FORM) last issued its earnings results on Wednesday, July 30th. The semiconductor company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.03). The business had revenue of $195.80 million for the quarter, compared to the consensus estimate of $190.17 million. FormFactor had a net margin of 5.75% and a return on equity of 5.57%. The firm’s revenue for the quarter was down .8% compared to the same quarter last year. During the same period last year, the business posted $0.35 EPS. FormFactor has set its Q3 2025 guidance at 0.210-0.290 EPS. On average, equities research analysts predict that FormFactor will post 0.9 earnings per share for the current year.

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.