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Formfactor (FORM)
NASDAQ:FORM

Formfactor (FORM) Price & Analysis

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FORM Stock Chart & Stats

$73.20
-$3.63(-7.68%)
At close: 4:00 PM EST
$73.20
-$3.63(-7.68%)

Bulls Say, Bears Say

Bulls Say
GPU Qualification And Market Share ExpansionFinal qualification for GPU customers and opportunities to expand share in GPUs and networking could make front-end/back-end sales a significant growth driver in 2026.
Gross Margin ImprovementCost actions such as headcount reduction, overtime policy changes, yield gains and lower cycle times are materially expanding gross margins and are expected to lift margins further by the end of CY26.
Memory Demand Supporting RevenueStrength in high bandwidth memory and a recovery in commodity DRAM is boosting probe card demand and supporting overall revenue growth despite softness in other segments.
Bears Say
Analyst Rating And VisibilityAnalyst's Hold rating signals limited conviction until visibility into CY27 growth and profitability improves, which may cap near-term share appreciation.
End-market WeaknessLackluster consumer PC and smartphone activity could dampen demand for certain product lines and constrain top-line momentum.
Valuation Vs Execution RiskThe stock appears priced ahead of what the company may deliver in CY26, creating downside risk if revenue or margin improvements fall short of current expectations.

Formfactor News

FORM FAQ

What was Formfactor’s price range in the past 12 months?
Formfactor lowest stock price was $22.58 and its highest was $85.49 in the past 12 months.
    What is Formfactor’s market cap?
    Formfactor’s market cap is $5.74B.
      When is Formfactor’s upcoming earnings report date?
      Formfactor’s upcoming earnings report date is Feb 04, 2026 which is in 8 days.
        How were Formfactor’s earnings last quarter?
        Formfactor released its earnings results on Oct 29, 2025. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.249 by $0.081.
          Is Formfactor overvalued?
          According to Wall Street analysts Formfactor’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Formfactor pay dividends?
            Formfactor does not currently pay dividends.
            What is Formfactor’s EPS estimate?
            Formfactor’s EPS estimate is 0.35.
              How many shares outstanding does Formfactor have?
              Formfactor has 77,517,100 shares outstanding.
                What happened to Formfactor’s price movement after its last earnings report?
                Formfactor reported an EPS of $0.33 in its last earnings report, beating expectations of $0.249. Following the earnings report the stock price went up 24.162%.
                  Which hedge fund is a major shareholder of Formfactor?
                  Currently, no hedge funds are holding shares in FORM
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Formfactor

                    FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions. It operates in two segments, Probe Cards and Systems. The company offers probe cards to test various semiconductor device types, including systems on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies. It also provides probing systems for semiconductor design engineers to capture and analyze accurate data; surface metrology systems for the development, production, and quality control of semiconductor products; thermal subsystems, such as thermal chucks and other test systems used in probe stations and other applications; and precision cryogenic instruments, semiconductor tests, and measurement systems. In addition, the company offers on-site probe card maintenance and service training, seminars, and telephone support services. The company markets and sells its products through direct sales force, manufacturers' representatives, and distributors in the United States, Taiwan, South Korea, China, Japan, Europe, rest of Asia-Pacific, and internationally. FormFactor, Inc. was incorporated in 1993 and is headquartered in Livermore, California.

                    Formfactor (FORM) Earnings & Revenues

                    FORM Company Deck

                    FORM Earnings Call

                    Q3 2025
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The earnings call highlighted strong sequential growth in revenue and gross margins, driven by record growth in DRAM probe cards and significant progress in the Systems segment. However, challenges remain in the foundry and logic demand, particularly in CPU applications, and the impact of tariffs continues to affect gross margins. Overall, the sentiment leans positive due to the strong performance and optimistic future outlook.View all FORM earnings summaries

                    FORM Stock 12 Month Forecast

                    Average Price Target

                    $65.38
                    ▼(-10.68% Downside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 13, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":44,"date":1735689600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 13, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":40.05,"date":1738368000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            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7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 16, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":30.02,"date":1748736000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 10, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":34.93,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 16, \t&nbsp;</span>\n    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