Q1 Earnings Estimate for FormFactor Issued By Zacks Research

FormFactor, Inc. (NASDAQ:FORM) – Analysts at Zacks Research increased their Q1 2026 EPS estimates for shares of FormFactor in a research report issued on Wednesday, February 25th. Zacks Research analyst Team now forecasts that the semiconductor company will post earnings per share of $0.32 for the quarter, up from their previous forecast of $0.18. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for FormFactor’s current full-year earnings is $0.90 per share. Zacks Research also issued estimates for FormFactor’s Q2 2026 earnings at $0.27 EPS, Q4 2026 earnings at $0.29 EPS, FY2026 earnings at $1.18 EPS, Q1 2027 earnings at $0.39 EPS, Q2 2027 earnings at $0.38 EPS, Q3 2027 earnings at $0.39 EPS and FY2027 earnings at $1.58 EPS.

FormFactor (NASDAQ:FORM) last released 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. The company had revenue of $215.16 million during the quarter, compared to analysts’ expectations of $210.29 million. FormFactor had a net margin of 6.93% and a return on equity of 6.64%. The firm’s quarterly revenue was up 13.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.27 EPS. FormFactor has set its Q1 2026 guidance at 0.410-0.490 EPS.

Several other research firms also recently commented on FORM. Itau BBA Securities upgraded FormFactor to an “outperform” rating in a report on Tuesday, January 27th. Loop Capital set a $64.00 price target on FormFactor in a research report on Tuesday, January 27th. Cantor Fitzgerald lifted their price objective on FormFactor from $75.00 to $100.00 and gave the company an “overweight” rating in a report on Monday, February 2nd. Evercore upped their price objective on shares of FormFactor from $50.00 to $80.00 and gave the stock an “in-line” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen upgraded shares of FormFactor from a “hold” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, FormFactor currently has a consensus rating of “Moderate Buy” and an average price target of $80.91.

FormFactor Stock Performance

FormFactor stock opened at $98.88 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.60 and a current ratio of 4.50. The company has a market capitalization of $7.70 billion, a PE ratio of 143.31 and a beta of 1.03. The company has a 50 day moving average price of $77.36 and a 200-day moving average price of $54.97. FormFactor has a fifty-two week low of $22.58 and a fifty-two week high of $107.04.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Salomon & Ludwin LLC purchased a new stake in FormFactor during the third quarter valued at approximately $25,000. Los Angeles Capital Management LLC acquired a new position in shares of FormFactor during the fourth quarter worth $25,000. UMB Bank n.a. lifted its holdings in shares of FormFactor by 128.9% during the 4th quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 281 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of FormFactor by 84.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 990 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 453 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its stake in FormFactor by 547.8% during the 3rd 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 last quarter. Institutional investors own 98.76% of the company’s stock.

Insider Activity

In other FormFactor news, CEO Mike Slessor sold 8,664 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $94.14, for a total value of $815,628.96. Following the completion of the transaction, the chief executive officer directly owned 471,086 shares in the company, valued at approximately $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 SEC, which can be accessed through the SEC website. Also, Director Kelley Steven-Waiss sold 2,200 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $93.70, for a total transaction of $206,140.00. Following the completion of the sale, the director owned 30,579 shares in the company, valued at $2,865,252.30. This represents a 6.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 102,562 shares of company stock worth $7,873,371 over the last ninety days. 0.96% of the stock is currently owned by corporate insiders.

Trending Headlines about 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.