What is DA Davidson's Estimate for FormFactor Q3 Earnings?

Key Points

• DA Davidson predicts that FormFactor will achieve earnings per share of $0.17 for Q3 2025, maintaining a "Buy" rating with a price objective of $45.00.
• FormFactor reported Q2 earnings of $0.27 per share, which was below analysts' expectations, with a revenue of $195.80 million indicating a decline of 0.8% year-over-year.
• Various analysts have mixed ratings on FormFactor, with some downgrading their price targets, resulting in an average "Hold" rating and a target price of $41.14.

FormFactor, Inc. (NASDAQ:FORM - Free Report) - Analysts at DA Davidson issued their Q3 2025 earnings per share estimates for FormFactor in a research report issued to clients and investors on Thursday, July 31st. DA Davidson analyst T. Diffely expects that the semiconductor company will post earnings per share of $0.17 for the quarter. DA Davidson currently 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.

Other research analysts have also issued research reports about the company. Wall Street Zen lowered FormFactor from a "hold" rating to a "sell" rating in a research report on Saturday, August 2nd. B. Riley upped their price objective on shares of FormFactor from $26.00 to $32.00 and gave the stock a "neutral" rating in a research report on Thursday, May 1st. Needham & Company LLC reiterated a "hold" rating on shares of FormFactor in a report on Thursday, May 1st. Stifel Nicolaus lowered their target price on shares of FormFactor from $34.00 to $31.00 and set a "hold" rating for the company in a research note on Thursday, July 31st. Finally, Evercore ISI cut their price objective on shares of FormFactor from $43.00 to $33.00 and set an "in-line" rating for the company in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $41.14.

FormFactor Price Performance

FORM stock traded up $0.05 during mid-day trading on Monday, reaching $27.67. 715,716 shares of the company traded hands, compared to its average volume of 830,798. FormFactor has a 52-week low of $22.58 and a 52-week high of $51.68. The company has a market capitalization of $2.13 billion, a P/E ratio of 49.38 and a beta of 1.16. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.24 and a quick ratio of 3.34. The company has a fifty day moving average price of $33.69 and a 200-day moving average price of $32.72.

FormFactor (NASDAQ:FORM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.30 by ($0.03). The company had revenue of $195.80 million for the quarter, compared to analyst estimates of $190.17 million. FormFactor had a return on equity of 5.57% and a net margin of 5.75%. The firm's revenue for the quarter was down .8% on a year-over-year basis. During the same period last year, the firm earned $0.35 earnings per share.

Hedge Funds Weigh In On FormFactor

A number of hedge funds have recently added to or reduced their stakes in FORM. Earnest Partners LLC grew its stake in shares of FormFactor by 0.3% in the 1st quarter. Earnest Partners LLC now owns 6,055,121 shares of the semiconductor company's stock valued at $171,299,000 after buying an additional 18,039 shares in the last quarter. Bank of America Corp DE boosted its position in shares of 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 valued at $111,861,000 after acquiring an additional 585,117 shares during the period. Geode Capital Management LLC grew its holdings in shares of FormFactor by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 2,103,612 shares of the semiconductor company's stock worth $92,577,000 after purchasing an additional 36,438 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in FormFactor by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,101,816 shares of the semiconductor company's stock worth $92,490,000 after buying an additional 109,995 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of FormFactor by 170.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,094,421 shares of the semiconductor company's stock valued at $72,069,000 after buying an additional 1,319,345 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company's stock.

Insider Transactions at FormFactor

In other FormFactor news, Director Dennis Thomas St sold 3,000 shares of FormFactor stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $31.24, for a total transaction of $93,720.00. Following the completion of the sale, the director directly owned 40,957 shares of the company's stock, valued at $1,279,496.68. The trade was a 6.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.90% of the company's stock.

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.