Q2 Earnings Estimate for FormFactor Issued By DA Davidson

FormFactor, Inc. (NASDAQ:FORM - Free Report) - Research analysts at DA Davidson issued their Q2 2025 earnings estimates for shares of FormFactor in a research report issued on Thursday, May 1st. DA Davidson analyst T. Diffely anticipates that the semiconductor company will earn $0.20 per share for the quarter. DA Davidson has a "Buy" rating and a $45.00 price objective on the stock. The consensus estimate for FormFactor's current full-year earnings is $0.90 per share. DA Davidson also issued estimates for FormFactor's FY2026 earnings at $1.35 EPS.

A number of other equities analysts have also weighed in on FORM. Stifel Nicolaus dropped their price objective on FormFactor from $48.00 to $42.00 and set a "hold" rating for the company in a research note on Thursday, February 6th. Evercore ISI dropped their price target on FormFactor from $43.00 to $33.00 and set an "in-line" rating for the company in a research note on Thursday, May 1st. Needham & Company LLC reiterated a "hold" rating on shares of FormFactor in a research report on Thursday, May 1st. Finally, B. Riley boosted their target price on shares of FormFactor from $26.00 to $32.00 and gave the stock a "neutral" rating in a report on Thursday, May 1st. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, FormFactor presently has an average rating of "Hold" and an average target price of $42.71.

FormFactor Stock Performance

FORM traded up $0.06 during midday trading on Friday, reaching $29.44. The company had a trading volume of 133,980 shares, compared to its average volume of 768,897. The business has a 50-day moving average of $29.00 and a two-hundred day moving average of $37.01. The company has a market cap of $2.27 billion, a P/E ratio of 33.10 and a beta of 1.14. FormFactor has a 1 year low of $22.58 and a 1 year high of $63.63. The company has a quick ratio of 3.83, a current ratio of 4.61 and a debt-to-equity ratio of 0.01.

FormFactor (NASDAQ:FORM - Get Free Report) last posted its earnings results on Wednesday, April 30th. The semiconductor company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.04. FormFactor had a net margin of 9.12% and a return on equity of 5.93%. The business had revenue of $171.36 million during the quarter, compared to the consensus estimate of $170.03 million. During the same quarter in the previous year, the firm posted $0.18 EPS. The firm's revenue was up 1.6% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FORM. Vanguard Group Inc. lifted its position in shares of FormFactor by 4.8% during the fourth quarter. Vanguard Group Inc. now owns 10,581,258 shares of the semiconductor company's stock worth $465,575,000 after purchasing an additional 484,176 shares during the last quarter. Earnest Partners LLC raised its stake in FormFactor by 10.9% in the fourth quarter. Earnest Partners LLC now owns 6,037,082 shares of the semiconductor company's stock worth $265,632,000 after buying an additional 594,426 shares in the last quarter. Alliancebernstein L.P. lifted its stake in shares of FormFactor by 127.0% during the 4th quarter. Alliancebernstein L.P. now owns 3,114,779 shares of the semiconductor company's stock worth $137,050,000 after purchasing an additional 1,742,493 shares during the last quarter. Bank of America Corp DE raised its holdings in FormFactor by 29.9% in the fourth quarter. Bank of America Corp DE now owns 2,542,296 shares of the semiconductor company's stock worth $111,861,000 after purchasing an additional 585,117 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of FormFactor by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 2,103,612 shares of the semiconductor company's stock valued at $92,577,000 after buying an additional 36,438 shares in the last quarter. Institutional investors own 98.76% of the company's stock.

Insider Activity at FormFactor

In other FormFactor news, CEO Mike Slessor sold 4,000 shares of the company's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $31.72, for a total transaction of $126,880.00. Following the sale, the chief executive officer now directly owns 510,650 shares in the company, valued at $16,197,818. This represents a 0.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.96% of the stock is currently owned by insiders.

FormFactor Company Profile

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 in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.