FormFactor (NASDAQ:FORM) Stock Price Expected to Rise, Evercore Analyst Says

FormFactor (NASDAQ:FORM) had its price objective raised by equities researchers at Evercore from $50.00 to $80.00 in a research note issued to investors on Thursday, Marketbeat.com reports. The brokerage presently has an “in-line” rating on the semiconductor company’s stock. Evercore’s price objective suggests a potential downside of 11.40% from the stock’s previous close.

A number of other equities research analysts also recently issued reports on FORM. DA Davidson set a $55.00 price objective on shares of FormFactor in a research note on Thursday, October 30th. Northland Securities set a $44.00 price target on shares of FormFactor in a report on Thursday, October 30th. Cantor Fitzgerald upped their price objective on shares of FormFactor from $75.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, February 2nd. Weiss Ratings restated a “hold (c)” rating on shares of FormFactor in a research report on Thursday, January 22nd. Finally, Loop Capital set a $64.00 price target on shares of FormFactor in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, FormFactor has a consensus rating of “Moderate Buy” and an average price target of $80.91.

FormFactor Trading Up 7.7%

Shares of FORM stock opened at $90.29 on Thursday. The stock has a market cap of $7.00 billion, a P/E ratio of 130.86 and a beta of 1.11. FormFactor has a 1 year low of $22.58 and a 1 year high of $92.58. The company has a current ratio of 4.50, a quick ratio of 3.46 and a debt-to-equity ratio of 0.01. The stock has a 50 day simple moving average of $65.42 and a 200 day simple moving average of $47.84.

FormFactor (NASDAQ:FORM) last announced its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.11. The firm had revenue of $215.16 million during the quarter, compared to analysts’ expectations of $210.29 million. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The company’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.27 EPS. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. On average, research analysts predict that FormFactor will post 0.9 earnings per share for the current fiscal year.

Insider Buying and Selling at FormFactor

In related news, CEO Mike Slessor sold 39,606 shares of the firm’s 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 completion of the transaction, the chief executive officer directly owned 485,995 shares of the company’s stock, valued at $31,589,675. This trade represents a 7.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kelley Steven-Waiss sold 2,700 shares of FormFactor stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $55.97, for a total value of $151,119.00. Following the transaction, the director directly owned 32,779 shares in the company, valued at $1,834,640.63. The trade was a 7.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 73,466 shares of company stock worth $4,683,377. 0.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On FormFactor

Hedge funds have recently made changes to their positions in the stock. Salomon & Ludwin LLC bought a new stake in FormFactor in the third quarter valued at approximately $25,000. Jones Financial Companies Lllp raised its holdings in FormFactor by 84.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 453 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of FormFactor by 547.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 882 shares during the period. Torren Management LLC bought a new stake in shares of FormFactor in the 4th quarter valued at $41,000. Finally, State of Wyoming increased its position in shares of FormFactor by 18.4% during the third quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock worth $61,000 after buying an additional 261 shares during the period. 98.76% of the stock is currently owned by institutional investors.

More FormFactor News

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Q4 beat and HBM-driven strength — FORM reported Q4 EPS of $0.46 vs. consensus $0.35 and revenue of $215.16M (up ~13.6% YoY); management highlighted record HBM demand as a growth driver. Read More.
• Positive Sentiment: Raised Q1/2026 outlook — Management set Q1 EPS guidance of $0.410–$0.490 and revenue guidance of $220–$230M, well above Street estimates, signaling stronger near‑term revenue and margin expansion. Read More.
• Positive Sentiment: Analyst support — Citi raised its price target to $98 with a Buy rating, reinforcing the bullish case after the quarter and expectations for continued HBM/data‑center strength. Read More.
• Neutral Sentiment: Investor briefings and transcripts available — The full earnings‑call transcript and slide presentation provide color on product demand, supply chain cadence and margin drivers for investors doing deeper due diligence. Read More.
• Negative Sentiment: Mixed analyst signals — Evercore raised its target to $80 but kept an “in‑line” rating; that target sits below the recent market price, which could temper upside for some investors. Read More.
• Negative Sentiment: Short‑term skepticism in some coverage — A few outlets noted that despite beats and guidance, shares briefly dipped in parts of the session, reflecting profit‑taking or cautious positioning by some investors. Read More.

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.