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Formfactor (FORM)
NASDAQ:FORM

Formfactor (FORM) Price & Analysis

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792 Followers

FORM Stock Chart & Stats

$56.97
-$3.63(-7.68%)
At close: 4:00 PM EST
$56.97
-$3.63(-7.68%)

Bulls Say, Bears Say

Bulls Say
Cost Structure ImprovementsManagement is hyper-focused on structural gross margin improvement, with several initiatives already showing gains.
Earnings PerformanceFormFactor delivered a solid 3Q beat/4Q raise to analyst and consensus expectations.
HBM Packaging And GrowthHBM packaging is driving test intensity and growth, with HBM reaching record levels in Q3.
Bears Say
Consumer Demand ChallengesConsumer-oriented PC/smartphone activity remains lackluster.
Tariff ImpactTariff impact includes ~$5M of lost revenue from tariffs (mainly customers in China) and 1ppt impact on GM as a result.
Valuation And Future UncertaintyThe stock appears to have pulled ahead of what the company can deliver in CY26.

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 $61.10 in the past 12 months.
    What is Formfactor’s market cap?
    Formfactor’s market cap is $4.42B.
      When is Formfactor’s upcoming earnings report date?
      Formfactor’s upcoming earnings report date is Feb 11, 2026 which is in 50 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 Undervalued. 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

                    $57.00
                    ▲(0.05% Upside)
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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 8, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":42.56,"date":1733011200000,"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":44,"date":1735689600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            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8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 15, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":28.97,"date":1746057600000,"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 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    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