FormFactor (FORM) Expected to Announce Quarterly Earnings on Wednesday

FormFactor (NASDAQ:FORM - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 30th. Analysts expect FormFactor to post earnings of $0.30 per share and revenue of $190.17 million for the quarter. FormFactor has set its Q2 2025 guidance at 0.260-0.340 EPS.

FormFactor (NASDAQ:FORM - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The semiconductor company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.04. FormFactor had a return on equity of 6.47% and a net margin of 7.08%. The firm had revenue of $171.36 million during the quarter, compared to the consensus estimate of $170.03 million. During the same period in the previous year, the company posted $0.18 earnings per share. The firm's quarterly revenue was up 1.6% on a year-over-year basis. On average, analysts expect FormFactor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

FormFactor Stock Down 0.4%

NASDAQ:FORM traded down $0.15 during mid-day trading on Friday, reaching $34.09. The company's stock had a trading volume of 443,435 shares, compared to its average volume of 527,338. The company has a quick ratio of 3.56, a current ratio of 4.45 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $2.63 billion, a PE ratio of 49.41 and a beta of 1.15. The stock has a fifty day moving average of $33.74 and a 200-day moving average of $33.34. FormFactor has a 1 year low of $22.58 and a 1 year high of $55.20.

Analysts Set New Price Targets

FORM has been the topic of a number of recent research reports. B. Riley increased their price objective on shares of FormFactor from $26.00 to $32.00 and gave the company a "neutral" rating in a research note on Thursday, May 1st. Evercore ISI lowered their target price on FormFactor from $43.00 to $33.00 and set an "in-line" rating for the company in a report on Thursday, May 1st. DA Davidson cut their price target on FormFactor from $50.00 to $45.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Finally, Needham & Company LLC restated a "hold" rating on shares of FormFactor in a research note on Thursday, May 1st. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $42.71.

Insiders Place Their Bets

In related news, CEO Mike Slessor sold 4,000 shares of the company's stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $31.72, for a total transaction of $126,880.00. Following the transaction, the chief executive officer directly owned 510,650 shares of the company's stock, valued at $16,197,818. This represents a 0.78% 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 3,000 shares of the stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $31.24, for a total value of $93,720.00. Following the completion of the sale, the director owned 40,957 shares of the company's stock, valued at approximately $1,279,496.68. This trade represents a 6.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.90% of the company's stock.

Institutional Investors Weigh In On FormFactor

A number of large investors have recently modified their holdings of the business. Goldman Sachs Group Inc. raised its stake in FormFactor by 12.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 490,394 shares of the semiconductor company's stock worth $13,873,000 after acquiring an additional 53,310 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of FormFactor by 5.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 173,979 shares of the semiconductor company's stock valued at $4,922,000 after purchasing an additional 9,394 shares during the period. Intech Investment Management LLC raised its stake in shares of FormFactor by 18.1% in the first quarter. Intech Investment Management LLC now owns 53,531 shares of the semiconductor company's stock worth $1,514,000 after purchasing an additional 8,194 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of FormFactor by 870.3% during the first quarter. Jones Financial Companies Lllp now owns 5,288 shares of the semiconductor company's stock worth $150,000 after purchasing an additional 4,743 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in FormFactor by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,072 shares of the semiconductor company's stock valued at $1,303,000 after buying an additional 2,001 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

About FormFactor

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.