FormFactor (NASDAQ:FORM) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of FormFactor (NASDAQ:FORM) from a hold rating to a buy rating in a research report report published on Saturday morning.

FORM has been the topic of a number of other research reports. Zacks Research upgraded FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 13th. Evercore increased their target price on shares of FormFactor from $50.00 to $80.00 and gave the company an “in-line” rating in a research report on Thursday, February 5th. Citigroup raised their price target on shares of FormFactor from $96.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Cantor Fitzgerald boosted their price target on shares of FormFactor from $75.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, February 2nd. Finally, Piper Sandler set a $100.00 price objective on shares of FormFactor in a report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.91.

FormFactor Trading Up 1.2%

Shares of FormFactor stock opened at $98.88 on Friday. The firm has a market capitalization of $7.70 billion, a PE ratio of 143.31 and a beta of 1.11. FormFactor has a twelve month low of $22.58 and a twelve month high of $107.04. The firm’s 50-day moving average price is $77.36 and its 200 day moving average price is $54.80. The company has a current ratio of 4.50, a quick ratio of 3.60 and a debt-to-equity ratio of 0.01.

FormFactor (NASDAQ:FORM) last posted its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.35 by $0.11. The company had revenue of $215.16 million during the quarter, compared to analyst estimates of $210.29 million. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.FormFactor’s quarterly revenue was up 13.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.27 EPS. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. On average, sell-side analysts predict that FormFactor will post 0.9 EPS for the current fiscal year.

Insider Transactions at FormFactor

In other FormFactor news, CEO Mike Slessor sold 8,664 shares of FormFactor stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $94.14, for a total transaction of $815,628.96. Following the transaction, the chief executive officer directly owned 471,086 shares of the company’s stock, valued at $44,348,036.04. The trade was a 1.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Brian C. White sold 2,300 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $100.01, for a total transaction of $230,023.00. Following the completion of the sale, the director directly owned 10,556 shares of the company’s stock, valued at approximately $1,055,705.56. This trade represents a 17.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 102,562 shares of company stock valued at $7,873,371 in the last three months. 0.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On FormFactor

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new stake in shares of FormFactor during the third quarter worth $508,000. Reinhart Partners LLC. grew its stake in FormFactor by 26.3% during the 3rd quarter. Reinhart Partners LLC. now owns 2,404,854 shares of the semiconductor company’s stock worth $87,585,000 after purchasing an additional 500,156 shares in the last quarter. Edgestream Partners L.P. purchased a new stake in FormFactor during the 2nd quarter worth about $4,715,000. ProShare Advisors LLC raised its position in FormFactor by 68.8% in the 3rd quarter. ProShare Advisors LLC now owns 29,336 shares of the semiconductor company’s stock valued at $1,068,000 after purchasing an additional 11,956 shares in the last quarter. Finally, Atria Investments Inc purchased a new position in shares of FormFactor in the 2nd quarter valued at about $218,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Key Stories Impacting FormFactor

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Zacks Research raised near-term EPS estimates and reiterated a Strong-Buy, lifting Q3 2026 and Q4 2027 forecasts and projecting stronger FY2028 earnings — this boosts expectations for continued earnings momentum and supports the stock.
• Positive Sentiment: A bullish Seeking Alpha piece argues FormFactor is entering an HBM4-driven earnings inflection, framing current valuation as justified by accelerating demand for advanced memory test solutions. Article Title
• Neutral Sentiment: Brokerage consensus remains favorable overall (average “Moderate Buy”) with mixed price targets; this provides a backdrop of analyst support but varied upside expectations. Article Title
• Neutral Sentiment: Reported short interest data shows effectively zero reported short shares (appears to be a data glitch), so short-squeeze dynamics are not a meaningful driver today.
• Negative Sentiment: Insider selling: Director Brian White sold 2,300 shares for ~$230k, reducing his stake by ~18% — while not large versus market cap, insider sales can be perceived as a mild negative signal. Article Title
• Negative Sentiment: Sector/headline volatility: a news roundup noted sharp moves in FormFactor and peer names, which likely caused intraday pressure and higher intraday volume — investors should watch whether weakness is idiosyncratic or part of broader chip-sector swings. Article Title

About FormFactor

FormFactor, Inc (NASDAQ:FORM) is a leading provider of advanced test and measurement solutions for the semiconductor industry. The company specializes in the design, development and manufacture of high-performance wafer-level and package-level test interfaces used in wafer sort, characterization, reliability and failure analysis applications. By leveraging precision microelectromechanical systems (MEMS) and photolithographic processes, FormFactor delivers probe cards, analytical probes and test sockets that enable device makers to validate next-generation integrated circuits across logic, memory, RF, analog and power applications.

FormFactor’s product portfolio includes custom probe cards for wafer probers, TEM-based analytical probes for material and device characterization, and socket solutions for burn-in and final test of packaged devices.