Research Analysts Issue Forecasts for FormFactor Q2 Earnings

FormFactor, Inc. (NASDAQ:FORM) – Research analysts at Zacks Research increased their Q2 2026 earnings per share (EPS) estimates for FormFactor in a research report issued on Wednesday, January 14th. Zacks Research analyst Team now expects that the semiconductor company will post earnings per share of $0.23 for the quarter, up from their prior forecast of $0.22. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for FormFactor’s current full-year earnings is $0.90 per share. Zacks Research also issued estimates for FormFactor’s Q3 2026 earnings at $0.26 EPS, FY2026 earnings at $0.95 EPS, Q1 2027 earnings at $0.26 EPS and Q2 2027 earnings at $0.30 EPS.

A number of other analysts have also issued reports on the company. Evercore ISI boosted their price target on FormFactor from $31.00 to $50.00 and gave the company an “in-line” rating in a report on Thursday, October 30th. DA Davidson set a $55.00 price target on FormFactor in a research report on Thursday, October 30th. Cantor Fitzgerald initiated coverage on FormFactor in a research note on Tuesday, November 18th. They set an “overweight” rating and a $75.00 price target on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of FormFactor in a report on Wednesday, October 8th. Finally, B. Riley reissued a “buy” rating on shares of FormFactor in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, FormFactor has an average rating of “Moderate Buy” and an average target price of $59.88.

FormFactor Trading Up 4.0%

Shares of FORM opened at $78.31 on Friday. The firm has a market capitalization of $6.07 billion, a price-to-earnings ratio of 150.60 and a beta of 1.12. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.30 and a quick ratio of 3.46. FormFactor has a 1-year low of $22.58 and a 1-year high of $78.56. The company has a 50-day moving average of $57.83 and a 200 day moving average of $43.55.

Insider Activity

In other news, Director Kelley Steven-Waiss sold 2,700 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $55.97, for a total value of $151,119.00. Following the sale, the director directly owned 32,779 shares of the company’s stock, valued at $1,834,640.63. This represents a 7.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dennis Thomas St sold 2,000 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $49.85, for a total transaction of $99,700.00. Following the transaction, the director directly owned 38,957 shares of the company’s stock, valued at approximately $1,942,006.45. This trade represents a 4.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 73,466 shares of company stock valued at $4,683,377. Company insiders own 0.90% of the company’s stock.

Institutional Trading of FormFactor

Several hedge funds and other institutional investors have recently bought and sold shares of FORM. SG Americas Securities LLC boosted its holdings in shares of FormFactor by 1,158.7% during the 4th quarter. SG Americas Securities LLC now owns 175,432 shares of the semiconductor company’s stock worth $9,786,000 after purchasing an additional 161,494 shares during the last quarter. Assenagon Asset Management S.A. increased its position in FormFactor by 384.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 562,769 shares of the semiconductor company’s stock worth $31,391,000 after purchasing an additional 446,615 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in FormFactor by 2.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 16,073 shares of the semiconductor company’s stock worth $897,000 after purchasing an additional 370 shares during the period. GAMMA Investing LLC boosted its holdings in FormFactor by 12.6% in the 4th quarter. GAMMA Investing LLC now owns 5,184 shares of the semiconductor company’s stock valued at $289,000 after purchasing an additional 579 shares during the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of FormFactor in the 3rd quarter valued at approximately $303,000. 98.76% of the stock is owned by institutional investors and hedge funds.

Key FormFactor News

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Zacks Research raised multiple near-term EPS estimates and the firm’s FY outlook for FORM, and upgraded the stock to a “Strong-Buy” — Zacks bumped FY2026 EPS to $0.95 (from $0.88) and raised Q1/Q2/Q3 and FY2027 quarter estimates, signaling improving analyst confidence in the company’s near-term profitability. Zacks Research Note
• Positive Sentiment: Other recent analyst actions (upgrades/raised targets from firms including Citi, B. Riley and Stifel) and a skew of buy/hold ratings have supported momentum and likely contributed to buying interest. MarketBeat Analyst Coverage
• Neutral Sentiment: FormFactor confirmed its fiscal Q4 2025 earnings release and webcast for Feb. 4, 2026 — an event that will be a near-term catalyst (could drive further moves depending on results and guidance). Earnings Date Notice
• Neutral Sentiment: Media coverage highlighting why FORM is “soaring” today is amplifying attention; that can attract momentum traders but may not reflect fundamentals until results or guidance confirm the upgrade-driven expectations. MSN Coverage
• Negative Sentiment: CEO Mike Slessor sold 13,088 shares on Jan. 15 (part of a series of recent insider sales), which investors may view as a mild negative signal on insider conviction despite his remaining large holding. SEC filing: SEC Form 4

FormFactor Company Profile

FormFactor, Inc (NASDAQ:FORM) is a leading provider of advanced test and measurement solutions for the semiconductor industry. The company specializes in the design, development and manufacture of high-performance wafer-level and package-level test interfaces used in wafer sort, characterization, reliability and failure analysis applications. By leveraging precision microelectromechanical systems (MEMS) and photolithographic processes, FormFactor delivers probe cards, analytical probes and test sockets that enable device makers to validate next-generation integrated circuits across logic, memory, RF, analog and power applications.

FormFactor’s product portfolio includes custom probe cards for wafer probers, TEM-based analytical probes for material and device characterization, and socket solutions for burn-in and final test of packaged devices.