FormFactor (NASDAQ:FORM) Stock Price Up 10.7% – Should You Buy?

Shares of FormFactor, Inc. (NASDAQ:FORM) traded up 10.7% on Monday . The stock traded as high as $143.77 and last traded at $144.6640. 783,405 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 1,736,915 shares. The stock had previously closed at $130.74.

Analyst Upgrades and Downgrades

FORM has been the topic of several research reports. Craig Hallum upgraded FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price target on the stock in a research note on Tuesday, May 12th. Zacks Research upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 26th. Northland Securities set a $118.00 price objective on shares of FormFactor in a research note on Thursday, April 30th. Citigroup boosted their price objective on shares of FormFactor to $165.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, TD Cowen increased their target price on FormFactor from $80.00 to $150.00 and gave the company a “hold” rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $132.45.

FormFactor Stock Performance

The company has a current ratio of 4.55, a quick ratio of 3.69 and a debt-to-equity ratio of 0.01. The stock has a market cap of $11.31 billion, a PE ratio of 167.40 and a beta of 1.26. The business’s 50-day moving average price is $135.32 and its 200-day moving average price is $101.99.

FormFactor (NASDAQ:FORM) last posted its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.11. The company had revenue of $226.14 million during the quarter, compared to analysts’ expectations of $225.54 million. FormFactor had a net margin of 8.14% and a return on equity of 9.31%. FormFactor’s revenue for the quarter was up 31.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.23 earnings per share. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. As a group, equities research analysts expect that FormFactor, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Sheri Rhodes sold 6,328 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $125.40, for a total transaction of $793,531.20. Following the transaction, the director directly owned 5,375 shares of the company’s stock, valued at $674,025. This represents a 54.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Dennis Thomas St sold 2,800 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $151.49, for a total value of $424,172.00. Following the transaction, the director directly owned 29,073 shares in the company, valued at $4,404,268.77. This represents a 8.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 49,828 shares of company stock worth $6,306,587. Company insiders own 0.79% of the company’s stock.

Institutional Investors Weigh In On FormFactor

Several institutional investors have recently added to or reduced their stakes in FORM. Mercer Global Advisors Inc. ADV grew its stake in shares of FormFactor by 2.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company’s stock worth $419,000 after acquiring an additional 157 shares during the last quarter. Blue Trust Inc. raised its position in shares of FormFactor by 1.9% in the 1st quarter. Blue Trust Inc. now owns 10,542 shares of the semiconductor company’s stock valued at $1,022,000 after purchasing an additional 196 shares during the last quarter. UMB Bank n.a. boosted its stake in FormFactor by 128.9% in the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 281 shares in the last quarter. Maryland State Retirement & Pension System boosted its stake in FormFactor by 2.7% in the 4th quarter. Maryland State Retirement & Pension System now owns 11,385 shares of the semiconductor company’s stock worth $635,000 after purchasing an additional 299 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in FormFactor by 2.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 16,073 shares of the semiconductor company’s stock worth $897,000 after purchasing an additional 370 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

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.