Brokerages Set FormFactor, Inc. (NASDAQ:FORM) Price Target at $87.91

FormFactor, Inc. (NASDAQ:FORM) has received a consensus rating of “Moderate Buy” from the thirteen analysts that are presently covering the stock, Marketbeat reports. Seven analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $87.9091.

FORM has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of FormFactor in a research report on Thursday, January 22nd. Zacks Research raised shares of FormFactor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. Stifel Nicolaus lifted their price target on shares of FormFactor from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Thursday, February 5th. Freedom Capital raised shares of FormFactor to a “hold” rating in a research note on Tuesday, January 27th. Finally, Cantor Fitzgerald lifted their price target on shares of FormFactor from $100.00 to $125.00 and gave the stock an “overweight” rating in a research note on Monday, April 6th.

FormFactor Stock Performance

FormFactor stock opened at $144.03 on Friday. The company’s 50-day moving average price is $102.00 and its 200-day moving average price is $73.34. FormFactor has a twelve month low of $23.78 and a twelve month high of $145.48. The company has a quick ratio of 3.60, a current ratio of 4.50 and a debt-to-equity ratio of 0.01. The company has a market cap of $11.23 billion, a PE ratio of 208.74 and a beta of 1.04.

FormFactor (NASDAQ:FORM) last posted its earnings results on Wednesday, February 4th. The semiconductor company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.11. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The firm had revenue of $215.16 million for the quarter, compared to the consensus estimate of $210.29 million. During the same period in the previous year, the firm posted $0.27 EPS. The business’s quarterly revenue was up 13.6% on a year-over-year basis. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. On average, equities research analysts forecast that FormFactor will post 1.41 EPS for the current fiscal year.

Insider Transactions at FormFactor

In related news, Director Kevin J. Brewer sold 3,000 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $96.20, for a total value of $288,600.00. Following the transaction, the director owned 8,105 shares of the company’s stock, valued at $779,701. This represents a 27.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Aric Brendan Mckinnis sold 3,462 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $90.42, for a total value of $313,034.04. Following the transaction, the chief financial officer owned 11,140 shares in the company, valued at $1,007,278.80. The trade was a 23.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 64,482 shares of company stock valued at $6,438,951 in the last ninety days. Corporate insiders own 0.79% of the company’s stock.

Hedge Funds Weigh In On FormFactor

Hedge funds and other institutional investors have recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV increased its position in FormFactor by 2.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company’s stock valued at $419,000 after purchasing an additional 157 shares during the period. Blue Trust Inc. raised its stake in FormFactor by 1.9% in the first quarter. Blue Trust Inc. now owns 10,542 shares of the semiconductor company’s stock worth $1,022,000 after buying an additional 196 shares in the last quarter. State of Wyoming raised its stake in FormFactor by 18.4% in 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 in the last quarter. UMB Bank n.a. raised its stake in FormFactor by 128.9% in the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after buying an additional 281 shares in the last quarter. Finally, Maryland State Retirement & Pension System raised its stake in FormFactor by 2.7% in the fourth quarter. Maryland State Retirement & Pension System now owns 11,385 shares of the semiconductor company’s stock worth $635,000 after buying an additional 299 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

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.