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FormFactor Secures $150M Credit Facility with Wells Fargo

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FormFactor Secures $150M Credit Facility with Wells Fargo

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An update from Formfactor ( (FORM) ) is now available.

On July 29, 2025, FormFactor, Inc. entered into a Revolving Credit Agreement with Wells Fargo Bank, establishing a $150 million credit facility to support working capital and general corporate purposes. This agreement, which includes options for additional loans and various financial covenants, is expected to enhance FormFactor’s financial flexibility. Additionally, FormFactor’s Board of Directors adopted Amended and Restated By-laws on the same date, updating procedures for stockholder meetings and other governance aspects to align with regulatory requirements, potentially improving corporate governance and shareholder engagement.

The most recent analyst rating on (FORM) stock is a Buy with a $45.00 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 Neutral.

Formfactor’s stock is rated at 69, reflecting a stable financial foundation but facing challenges from high valuation and mixed earnings call sentiment. Positive growth prospects in key segments and anticipated revenue increases are tempered by operational hurdles and geopolitical risks.

To see Spark’s full report on FORM stock, click here.

More about Formfactor

FormFactor, Inc. operates in the semiconductor industry, providing essential testing and measurement solutions for semiconductor manufacturers. The company focuses on delivering advanced wafer probe cards and engineering systems that enhance the performance and reliability of semiconductor devices.

Average Trading Volume: 629,038

Technical Sentiment Signal: Hold

Current Market Cap: $2.7B

For an in-depth examination of FORM stock, go to TipRanks’ Overview page.

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