FormFactor (NASDAQ:FORM) Price Target Raised to $80.00

FormFactor (NASDAQ:FORM) had its target price hoisted by Evercore from $50.00 to $80.00 in a research report report published on Thursday, Marketbeat Ratings reports. Evercore currently has an in-line rating on the semiconductor company’s stock.

Other analysts have also recently issued research reports about the stock. Itau BBA Securities raised shares of FormFactor to an “outperform” rating in a research report on Tuesday, January 27th. Piper Sandler set a $100.00 target price on shares of FormFactor in a research note on Monday, February 2nd. Cantor Fitzgerald raised their price target on shares of FormFactor from $75.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. Freedom Capital upgraded shares of FormFactor to a “hold” rating in a research note on Tuesday, January 27th. Finally, TD Cowen increased their price objective on FormFactor from $50.00 to $80.00 and gave the company a “hold” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $80.91.

FormFactor Stock Up 7.7%

NASDAQ:FORM opened at $90.29 on Thursday. FormFactor has a 52 week low of $22.58 and a 52 week high of $92.58. The stock’s fifty day moving average is $65.42 and its two-hundred day moving average is $47.93. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 130.86 and a beta of 1.11. The company has a quick ratio of 3.46, a current ratio of 4.50 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.11. FormFactor had a return on equity of 6.64% and a net margin of 6.93%.The firm had revenue of $215.16 million for the quarter, compared to the consensus estimate of $210.29 million. During the same quarter in the previous year, the business earned $0.27 EPS. The company’s quarterly revenue was up 13.6% compared to the same quarter last year. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS. Research analysts anticipate that FormFactor will post 0.9 EPS for the current year.

Insider Activity at FormFactor

In other FormFactor news, Director Dennis Thomas St sold 2,000 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $49.85, for a total value of $99,700.00. Following the sale, the director directly owned 38,957 shares in the company, valued at $1,942,006.45. This trade represents a 4.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kelley Steven-Waiss sold 2,700 shares of FormFactor stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $55.97, for a total value of $151,119.00. Following the sale, the director directly owned 32,779 shares of the company’s stock, valued at $1,834,640.63. This trade represents a 7.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 73,466 shares of company stock valued at $4,683,377 over the last quarter. 0.90% of the stock is owned by insiders.

Hedge Funds Weigh In On FormFactor

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC purchased a new stake in FormFactor in the 3rd quarter valued at $25,000. Jones Financial Companies Lllp raised its holdings in shares of FormFactor by 84.4% in the third quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 453 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in shares of FormFactor by 547.8% during the third quarter. Hantz Financial Services Inc. now owns 1,043 shares of the semiconductor company’s stock worth $38,000 after buying an additional 882 shares during the period. Torren Management LLC acquired a new stake in shares of FormFactor during the fourth quarter worth about $41,000. Finally, State of Wyoming grew its holdings in shares of FormFactor by 18.4% during the third quarter. State of Wyoming now owns 1,680 shares of the semiconductor company’s stock worth $61,000 after buying an additional 261 shares during the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about FormFactor

Here are the key news stories impacting FormFactor this week:

• Positive Sentiment: Q4 beat and HBM-driven strength — FORM reported Q4 EPS of $0.46 vs. consensus $0.35 and revenue of $215.16M (up ~13.6% YoY); management highlighted record HBM demand as a growth driver. Read More.
• Positive Sentiment: Raised Q1/2026 outlook — Management set Q1 EPS guidance of $0.410–$0.490 and revenue guidance of $220–$230M, well above Street estimates, signaling stronger near‑term revenue and margin expansion. Read More.
• Positive Sentiment: Analyst support — Citi raised its price target to $98 with a Buy rating, reinforcing the bullish case after the quarter and expectations for continued HBM/data‑center strength. Read More.
• Neutral Sentiment: Investor briefings and transcripts available — The full earnings‑call transcript and slide presentation provide color on product demand, supply chain cadence and margin drivers for investors doing deeper due diligence. Read More.
• Negative Sentiment: Mixed analyst signals — Evercore raised its target to $80 but kept an “in‑line” rating; that target sits below the recent market price, which could temper upside for some investors. Read More.
• Negative Sentiment: Short‑term skepticism in some coverage — A few outlets noted that despite beats and guidance, shares briefly dipped in parts of the session, reflecting profit‑taking or cautious positioning by some investors. Read More.

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.