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Formfactor ( (FORM) ) has shared an update.
On February 13, 2026, FormFactor director Kevin Brewer informed the board that he will retire from the board at the end of his current term and will not stand for re-election at the company’s 2026 annual meeting of stockholders, anticipated on May 15, 2026. The company stated that Brewer’s decision was not due to any disagreement over FormFactor’s operations, policies, or practices, underscoring that the transition is planned and orderly rather than a response to governance or strategic concerns.
In a February 18, 2026 announcement, FormFactor highlighted Brewer’s contributions since joining the board in 2024, citing his experience as a former public company CFO and operations executive at semiconductor equipment maker Axcelis Technologies. Brewer’s departure will remove a board member with deep financial and manufacturing expertise from the audit and governance committees, signaling an upcoming refresh of board roles that investors may watch for continuity in oversight and strategic guidance.
The most recent analyst rating on (FORM) stock is a Buy with a $94.00 price target. To see the full list of analyst forecasts on Formfactor stock, see the FORM Stock Forecast page.
Spark’s Take on FORM Stock
According to Spark, TipRanks’ AI Analyst, FORM is a Outperform.
The score is driven primarily by solid financial stability (very low leverage) and strong technical momentum (price well above rising moving averages). Offsetting these positives are weak recent free-cash-flow conversion and a very expensive valuation (P/E ~121). The latest earnings call was a net positive due to record results and improving margin guidance, though tariff, concentration, and ramp-cost risks remain.
To see Spark’s full report on FORM stock, click here.
More about Formfactor
FormFactor, Inc. is a leading provider of essential test and measurement technologies spanning the semiconductor product life cycle, from characterization, modeling, reliability, and design debug to qualification and production test. The company’s products and services help semiconductor manufacturers optimize device performance and yields, and it serves customers through facilities in Asia, Europe, and North America.
Average Trading Volume: 1,213,952
Technical Sentiment Signal: Buy
Current Market Cap: $7.5B
See more insights into FORM stock on TipRanks’ Stock Analysis page.