FormFactor (NASDAQ:FORM) Upgraded at Wall Street Zen

FormFactor (NASDAQ:FORM) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Several other research firms have also recently weighed in on FORM. Stifel Nicolaus lowered their price objective on FormFactor from $34.00 to $31.00 and set a “hold” rating on the stock in a research report on Thursday, July 31st. Citigroup reiterated a “neutral” rating and issued a $31.00 target price (down previously from $36.00) on shares of FormFactor in a research report on Thursday, August 21st. One equities research analyst has rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $38.29.

FormFactor Stock Down 2.2%

FORM stock opened at $35.23 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.24 and a quick ratio of 3.34. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 62.91 and a beta of 1.24. The business’s fifty day moving average price is $30.98 and its two-hundred day moving average price is $30.98. FormFactor has a fifty-two week low of $22.58 and a fifty-two week high of $50.79.

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

Insiders Place Their Bets

In other news, Director Rebeca Obregon-Jimenez sold 4,000 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $29.55, for a total transaction of $118,200.00. Following the transaction, the director owned 13,126 shares of the company’s stock, valued at $387,873.30. This represents a 23.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kelley Steven-Waiss sold 3,600 shares of the company’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $30.43, for a total value of $109,548.00. Following the transaction, the director directly owned 35,479 shares in the company, valued at $1,079,625.97. This represents a 9.21% decrease in their position. The disclosure for this sale can be found here. 0.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On FormFactor

A number of institutional investors have recently added to or reduced their stakes in the business. Earnest Partners LLC increased its stake in FormFactor by 0.3% in the 1st quarter. Earnest Partners LLC now owns 6,055,121 shares of the semiconductor company’s stock worth $171,299,000 after acquiring an additional 18,039 shares during the last quarter. Bank of America Corp DE increased its stake in FormFactor by 4.0% in the 2nd quarter. Bank of America Corp DE now owns 2,806,905 shares of the semiconductor company’s stock worth $96,586,000 after acquiring an additional 108,487 shares during the last quarter. Bank of New York Mellon Corp increased its stake in FormFactor by 170.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,094,421 shares of the semiconductor company’s stock worth $72,069,000 after acquiring an additional 1,319,345 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in FormFactor by 82.1% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 1,963,727 shares of the semiconductor company’s stock worth $55,554,000 after acquiring an additional 885,617 shares during the last quarter. Finally, Reinhart Partners LLC. increased its stake in FormFactor by 64.8% in the 2nd quarter. Reinhart Partners LLC. now owns 1,904,698 shares of the semiconductor company’s stock worth $65,541,000 after acquiring an additional 749,088 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors.

FormFactor Company Profile

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.