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Formfactor (FORM)
NASDAQ:FORM

Formfactor (FORM) Price & Analysis

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805 Followers

FORM Stock Chart & Stats

$90.29
-$3.63(-7.68%)
At close: 4:00 PM EST
$90.29
-$3.63(-7.68%)

Bulls Say, Bears Say

Bulls Say
AI And High-bandwidth Memory DemandExpected expansion of AI-related revenue driven by share gains in advanced memory, networking switches, and opportunities in graphics and custom chips expands the addressable market for higher-margin products.
Earnings And GuidanceAnalyst's upgrade to Buy after results beat expectations and raised forward guidance indicates stronger revenue visibility and improved investor confidence.
Margin Improvement From OperationsImproving gross margins from cost reductions, better manufacturing yields, and faster production cycles support higher profitability per unit.
Bears Say
Facility Buildout And Tariff PressureRamp-up and buildout of a new Texas manufacturing facility combined with tariff-driven higher component costs may raise expenses and pressure margins during the transition.
Seasonal Systems DemandSeasonal weakness in systems demand could offset memory and networking strength and weigh on overall revenue growth.
Valuation And Analyst RatingAnalyst's Hold rating driven by valuation concerns suggests limited upside potential despite improving revenue and margin trends.

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 $92.58 in the past 12 months.
    What is Formfactor’s market cap?
    Formfactor’s market cap is $6.50B.
      When is Formfactor’s upcoming earnings report date?
      Formfactor’s upcoming earnings report date is May 06, 2026 which is in 88 days.
        How were Formfactor’s earnings last quarter?
        Formfactor released its earnings results on Feb 04, 2026. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.352 by $0.108.
          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 0.44.
              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 $0.46 in its last earnings report, beating expectations of $0.352. Following the earnings report the stock price went up 17.186%.
                  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

                    Q4 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call presented strong operational and financial momentum: record revenues, accelerating gross margin expansion (cumulative +540 bps since Q2 and +290 bps QoQ non-GAAP), improved cash generation, and confident Q1 guidance (revenue and margin expansion). Management executed structural cost and output improvements and is investing to scale (Farmers Branch, Keystone acquisition) to capture HBM, foundry/logic, GPU and custom ASIC opportunities. Key risks include a ~200 bps tariff headwind, near-term customer concentration in HBM, systems seasonality, capital-intensive ramp costs for Farmers Branch, and limited visibility beyond the quarter. Overall, the positive results, clear operational progress, and constructive guidance materially outweigh the headwinds and execution risks.View all FORM earnings summaries

                    FORM Stock 12 Month Forecast

                    Average Price Target

                    $81.33
                    ▼(-9.92% 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 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":33.3,"date":1740787200000,"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":28.38,"date":1743465600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            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4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \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 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 11, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":28.93,"date":1754006400000,"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 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 11, \t&nbsp;</span>\n     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","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":54.95,"date":1761955200000,"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 10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":54.84,"date":1764547200000,"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 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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                    0.91%33.29%0.75%38.34%
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