Zacks Research Expects Reduced Earnings for FormFactor

FormFactor, Inc. (NASDAQ:FORM) – Research analysts at Zacks Research lowered their Q4 2026 earnings per share estimates for FormFactor in a note issued to investors on Wednesday, November 19th. Zacks Research analyst Team now forecasts that the semiconductor company will post earnings of $0.27 per share for the quarter, down from their previous estimate of $0.32. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for FormFactor’s current full-year earnings is $0.90 per share.

FORM has been the topic of a number of other reports. Wall Street Zen raised shares of FormFactor from a “sell” rating to a “hold” rating in a report on Saturday, September 20th. Evercore ISI upped their target price on shares of FormFactor from $31.00 to $50.00 and gave the stock an “in-line” rating in a report on Thursday, October 30th. B. Riley reiterated a “buy” rating on shares of FormFactor in a research note on Thursday, October 30th. TD Cowen boosted their price target on shares of FormFactor from $35.00 to $50.00 and gave the company a “hold” rating in a research report on Thursday, October 30th. Finally, Stifel Nicolaus set a $42.00 price objective on FormFactor in a research report on Thursday, October 30th. Four equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $53.13.

FormFactor Stock Up 1.4%

Shares of NASDAQ FORM opened at $49.42 on Friday. FormFactor has a 52 week low of $22.58 and a 52 week high of $61.10. The business has a 50-day simple moving average of $43.57 and a two-hundred day simple moving average of $36.03. The company has a quick ratio of 3.34, a current ratio of 4.24 and a debt-to-equity ratio of 0.01. The company has a market cap of $3.83 billion, a P/E ratio of 95.04 and a beta of 1.37.

Hedge Funds Weigh In On FormFactor

A number of large investors have recently added to or reduced their stakes in the business. State of Wyoming boosted its position in FormFactor by 18.4% during the third quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock valued at $61,000 after buying an additional 261 shares during the period. Arizona State Retirement System lifted its stake in shares of FormFactor by 1.5% in the 3rd quarter. Arizona State Retirement System now owns 22,796 shares of the semiconductor company’s stock valued at $830,000 after acquiring an additional 335 shares during the last quarter. CWM LLC lifted its stake in shares of FormFactor by 19.9% in the 1st quarter. CWM LLC now owns 2,303 shares of the semiconductor company’s stock valued at $65,000 after acquiring an additional 382 shares during the last quarter. Amalgamated Bank boosted its holdings in FormFactor by 1.9% during the 3rd quarter. Amalgamated Bank now owns 22,420 shares of the semiconductor company’s stock valued at $817,000 after acquiring an additional 411 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in FormFactor by 0.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 116,154 shares of the semiconductor company’s stock worth $4,230,000 after acquiring an additional 414 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Insider Activity at FormFactor

In other FormFactor news, CEO Mike Slessor sold 8,403 shares of FormFactor stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $50.06, for a total transaction of $420,654.18. Following the transaction, the chief executive officer directly owned 533,270 shares of the company’s stock, valued at approximately $26,695,496.20. This trade represents a 1.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Kelley Steven-Waiss sold 3,600 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $30.43, for a total transaction of $109,548.00. Following the completion of the sale, the director owned 35,479 shares of the company’s stock, valued at approximately $1,079,625.97. The trade was a 9.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 14,003 shares of company stock valued at $629,902. Corporate insiders own 0.90% 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.