Zacks Research Has Optimistic View of FormFactor Q4 Earnings

FormFactor, Inc. (NASDAQ:FORM) – Stock analysts at Zacks Research increased their Q4 2026 EPS estimates for FormFactor in a note issued to investors on Wednesday, January 14th. Zacks Research analyst Team now forecasts that the semiconductor company will post earnings per share of $0.28 for the quarter, up from their previous estimate of $0.27. 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 2027 earnings at $0.32 EPS, Q4 2027 earnings at $0.34 EPS and FY2027 earnings at $1.22 EPS.

FORM has been the subject of a number of other research reports. DA Davidson set a $55.00 price target on FormFactor in a report on Thursday, October 30th. Stifel Nicolaus upped their target price on FormFactor from $42.00 to $65.00 and gave the stock a “hold” rating in a research note on Wednesday. Cowen reiterated a “hold” rating on shares of FormFactor in a research report on Thursday, October 30th. Citigroup raised shares of FormFactor from a “neutral” rating to a “buy” rating and lifted their price target for the company from $31.00 to $62.00 in a research note on Thursday, October 30th. Finally, Northland Securities set a $44.00 price objective on shares of FormFactor in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $59.88.

FormFactor Trading Up 4.0%

Shares of FormFactor stock opened at $78.31 on Monday. The firm has a 50-day simple moving average of $57.83 and a two-hundred day simple moving average of $43.66. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.46 and a current ratio of 4.30. FormFactor has a fifty-two week low of $22.58 and a fifty-two week high of $78.56. The company has a market cap of $6.07 billion, a P/E ratio of 150.60 and a beta of 1.12.

Insider Activity at FormFactor

In other FormFactor news, 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 value of $99,700.00. Following the transaction, the director owned 38,957 shares in the company, valued at approximately $1,942,006.45. This trade represents a 4.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Mike Slessor sold 39,606 shares of FormFactor stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $65.00, for a total transaction of $2,574,390.00. Following the sale, the chief executive officer directly owned 485,995 shares in the company, valued at approximately $31,589,675. This trade represents a 7.54% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 73,466 shares of company stock valued at $4,683,377. 0.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB grew its position in shares of FormFactor by 282.0% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 741 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 547 shares in the last quarter. Salomon & Ludwin LLC purchased a new position in FormFactor during the third quarter worth approximately $25,000. Jones Financial Companies Lllp lifted its position in FormFactor by 84.4% during the third quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock worth $35,000 after buying an additional 453 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in FormFactor by 547.8% during the third quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock worth $38,000 after buying an additional 882 shares during the last quarter. Finally, State of Wyoming grew its holdings in FormFactor by 18.4% in the 3rd 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 in the last quarter. 98.76% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about FormFactor

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

About FormFactor

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.