Should I buy or sell FormFactor stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FormFactor in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FORM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FORM, but not buy additional shares or sell existing shares. View FORM analyst ratings or view top-rated stocks .

What is FormFactor's stock price target for 2024?

8 Wall Street research analysts have issued 1 year price targets for FormFactor's shares. Their FORM share price targets range from $32.00 to $50.00. On average, they expect the company's share price to reach $39.67 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price. View analysts price targets for FORM or view top-rated stocks among Wall Street analysts .

How have FORM shares performed in 2023?

FormFactor's stock was trading at $22.23 at the beginning of 2023. Since then, FORM shares have increased by 65.0% and is now trading at $36.67. View the best growth stocks for 2023 here .

Are investors shorting FormFactor?

FormFactor saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 2,880,000 shares, an increase of 17.6% from the October 31st total of 2,450,000 shares. Based on an average daily volume of 489,100 shares, the days-to-cover ratio is currently 5.9 days. Currently, 3.7% of the company's shares are short sold. View FormFactor's Short Interest .

When is FormFactor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024. View our FORM earnings forecast .

How were FormFactor's earnings last quarter?

FormFactor, Inc. (NASDAQ:FORM) released its quarterly earnings data on Wednesday, November, 1st. The semiconductor company reported $0.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.02. The semiconductor company had revenue of $171.58 million for the quarter, compared to analyst estimates of $167.34 million. FormFactor had a positive trailing twelve-month return on equity of 1.24% and a negative net margin of 1.09%.

What ETFs hold FormFactor's stock?

ETFs with the largest weight of FormFactor (NASDAQ:FORM) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT) , SRH U.S. Quality ETF (SRHQ) , Harbor Small Cap Explorer ETF (QWST) , iShares S&P Small-Cap 600 Value ETF (IJS) , SPDR S&P 600 Small CapValue ETF (SLYV) and Vanguard S&P Small-Cap 600 Value ETF (VIOV) . SPDR S&P 600 Small Cap ETF (SLY) .

What guidance has FormFactor issued on next quarter's earnings?

FormFactor updated its fourth quarter earnings guidance on Wednesday, November, 1st. The company provided earnings per share (EPS) guidance of $0.16-0.24 for the period, compared to the consensus earnings per share estimate of $0.20. The company issued revenue guidance of $160-170 million, compared to the consensus revenue estimate of $173.25 million.

What is Mike Slessor's approval rating as FormFactor's CEO?

53 employees have rated FormFactor Chief Executive Officer Mike Slessor on Glassdoor.com . Mike Slessor has an approval rating of 84% among the company's employees. 55.0% of employees surveyed would recommend working at FormFactor to a friend.

What other stocks do shareholders of FormFactor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FormFactor investors own include NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Intel (INTC) , Micron Technology (MU) , Netflix (NFLX) , Cisco Systems (CSCO) , AbbVie (ABBV) , PayPal (PYPL) , Splunk (SPLK) and Salesforce (CRM) .

Who are FormFactor's major shareholders?

FormFactor's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Earnest Partners LLC (8.30%), Primecap Management Co. CA (3.91%), Victory Capital Management Inc. (1.99%), Sei Investments Co. (1.66%), Wellington Management Group LLP (1.37%) and Massachusetts Financial Services Co. MA (1.34%). Insiders that own company stock include Dennis Thomas St , Edward Rogas Jr, Kelley Steven-Waiss , Mike Slessor , Raymond A Link, Rebeca Obregon-Jimenez , Shai Shahar and Sheri Rhodes . View institutional ownership trends .

How do I buy shares of FormFactor?

Shares of FORM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does FormFactor have any subsidiaries?

The following companies are subsidiares of FormFactor: Advanced Temperature Test Systems GmbH, Advantest Corporation, Astria Semiconductor Holding, Cascade International (Shanghai) Trading Co. Ltd., Cascade Microtech, Cascade Microtech Singapore Pte Ltd, FRT, FRT GmbH, FormFactor GmbH, FormFactor International Inc., FormFactor K.K., FormFactor Korea Inc., FormFactor SASU, FormFactor Singapore Pte. Ltd., High Precision Devices, High Precision Devices Inc., MicroProbe Inc, Microprobe HongKong Limited, and Microprobe Technology (Suzhou) Co. Ltd.. Read More

FormFactor Stock Price, News & Analysis (NASDAQ:FORM)

$36.67

-0.64 (-1.72%)

(As of 12/5/2023 ET)

Compare

Today's Range: $36.17
▼
$37.09
50-Day Range: $31.70
▼
$39.59
52-Week Range: $20.94
▼
$39.76

Volume: 303,645 shs
Average Volume: 452,488 shs
Market Capitalization: $2.85 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $39.67

FormFactor MarketRank™ Stock Analysis

Analyst Rating: Hold
2.38 Rating Score
Upside/Downside: 8.2% Upside
$39.67 Price Target
Short Interest: Bearish
3.74% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.18
Based on 5 Articles This Week
Insider Trading: Selling Shares
$1.50 M Sold Last Quarter
Proj. Earnings Growth: 164.29%
From $0.28 to $0.74 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.55 out of 5 stars

Computer And Technology Sector

498th out of 592 stocks

Semiconductors & Related Devices Industry

68th out of 79 stocks

1.2

Analyst's Opinion

Consensus Rating
FormFactor has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $39.67, FormFactor has a forecasted upside of 8.2% from its current price of $36.67.
Amount of Analyst Coverage
FormFactor has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.74% of the float of FormFactor has been sold short.
Short Interest Ratio / Days to Cover
FormFactor has a short interest ratio ("days to cover") of 5.9.
Change versus previous month
Short interest in FormFactor has recently increased by 17.55%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
FormFactor does not currently pay a dividend.
Dividend Growth
FormFactor does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FORM.

2.1

News and Social Media Coverage

News Sentiment
FormFactor has a news sentiment score of -0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.38 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for FormFactor this week, compared to 3 articles on an average week.
Search Interest
1 people have searched for FORM on MarketBeat in the last 30 days.
MarketBeat Follows
1 people have added FormFactor to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FormFactor insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,504,441.00 in company stock.
Percentage Held by Insiders
Only 1.03% of the stock of FormFactor is held by insiders.
Percentage Held by Institutions
93.64% of the stock of FormFactor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for FormFactor are expected to grow by 164.29% in the coming year, from $0.28 to $0.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FormFactor is -407.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of FormFactor is -407.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
FormFactor has a P/B Ratio of 3.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About FormFactor Stock (NASDAQ:FORM)

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. It operates in two segments, Probe Cards and Systems. The company offers probe cards to test various semiconductor device types, including systems on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies. It also provides probe systems for semiconductor design engineers to capture and analyze accurate data; surface metrology systems for the development, production, and quality control of semiconductor products; thermal subsystems, such as thermal chucks and other test systems used in probe stations and other applications; and precision cryogenic instruments, semiconductor tests, and measurement systems. In addition, the company offers on-site probe card maintenance and service training, seminars, and telephone support services. The company markets and sells its products through direct sales force, manufacturers' representatives, and distributors in the United States, China, France, Germany, Italy, the United Kingdom, Japan, Singapore, South Korea, Taiwan, and internationally. FormFactor, Inc. was incorporated in 1993 and is headquartered in Livermore, California.

FORM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FORM Stock News Headlines

December 5, 2023 | finance.yahoo.com

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December 2, 2023 | yahoo.com

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December 6, 2023 | Edge On The Street (Ad)

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According to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech."

December 1, 2023 | finance.yahoo.com

FormFactor (FORM) Up 13.4% Since Last Earnings Report: Can It Continue?

November 28, 2023 | seekingalpha.com

FormFactor: The Pros And Cons Of Going Long

November 22, 2023 | benzinga.com

FormFactor CFO Sold $656K In Company Stock

November 22, 2023 | finance.yahoo.com

Insider Sell: CFO Shai Shahar Sells Shares of FormFactor Inc (FORM)

November 16, 2023 | finance.yahoo.com

Insider Sell Alert: Director Dennis St Sells Shares of FormFactor Inc (FORM)

December 6, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 14, 2023 | finance.yahoo.com

Insider Sell: CFO Shai Shahar Sells 24,360 Shares of FormFactor Inc (FORM)

November 13, 2023 | gurufocus.com

Unveiling FormFactor (FORM)'s Market Valuation: Is It Justified?

November 11, 2023 | gurufocus.com

Assessing FormFactor (FORM)'s Market Valuation: A Closer Look at Its Current Price

November 7, 2023 | markets.businessinsider.com

Craig-Hallum Keeps Their Buy Rating on Lantronix (LTRX)

November 6, 2023 | msn.com

Save $40 on the Razer Huntsman Mini gaming keyboard

November 1, 2023 | msn.com

FormFactor Non-GAAP EPS of $0.22 beats by $0.05, revenue of $171.6M beats by $4.62M

November 1, 2023 | theglobeandmail.com

FormFactor (NASDAQ:FORM) Q3 Sales Beat Estimates But Quarterly Guidance Underwhelms

November 1, 2023 | finance.yahoo.com

FormFactor, Inc. Reports 2023 Third Quarter Results

October 31, 2023 | finance.yahoo.com

FormFactor (FORM) To Report Earnings Tomorrow: Here Is What To Expect

October 10, 2023 | finance.yahoo.com

FormFactor to Announce Third Quarter 2023 Financial Results on November 1st

October 9, 2023 | finance.yahoo.com

FormFactor's (NASDAQ:FORM) investors will be pleased with their splendid 179% return over the last five years

September 21, 2023 | msn.com

Needham Maintains FormFactor (FORM) Buy Recommendation

September 19, 2023 | benzinga.com

Analyst Ratings for FormFactor

September 18, 2023 | finance.yahoo.com

FormFactor (FORM) Fair Valuation: A Comprehensive Analysis

September 18, 2023 | marketwatch.com

FormFactor to Sell FRT Metrology Business to Camtek for $100 Million

September 18, 2023 | markets.businessinsider.com

Craig-Hallum Keeps Their Buy Rating on Formfactor (FORM)

September 17, 2023 | seekingalpha.com

FormFactor: Why The Tug-Of-War Could Continue

September 7, 2023 | markets.businessinsider.com

D.A. Davidson Sticks to Their Buy Rating for Photronics (PLAB)

See More Headlines

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Company Calendar

Last Earnings: 11/01/2023
Today: 12/05/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: Semiconductor Equipment
Sector: Computer and Technology
Current Symbol: NASDAQ:FORM
CUSIP: 34637510
CIK: 1039399
Web: www.formfactor.com
Phone: (925) 290-4000
Fax: 925-290-4010
Employees: 2,105
Year Founded: 1993

Price Target and Rating

Average Stock Price Target: $39.67
High Stock Price Target: $50.00
Low Stock Price Target: $32.00
Potential Upside/Downside: +8.2%
Consensus Rating: Hold
Rating Score (0-4): 2.38
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.09)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 130.96
P/E Growth: N/A
Net Income: $50.74 million
Net Margins: -1.09%
Pretax Margin: -1.25%
Return on Equity: 1.24%
Return on Assets: 1.00%

Debt

Debt-to-Equity Ratio: 0.02
Current Ratio: 3.91
Quick Ratio: 3.05

Sales & Book Value

Annual Sales: $747.94 million
Price / Sales: 3.81
Cash Flow: $1.40 per share
Price / Cash Flow: 26.13
Book Value: $10.49 per share
Price / Book: 3.50

Miscellaneous

Outstanding Shares: 77,700,000
Free Float: 76,900,000
Market Cap: $2.85 billion
Optionable: Optionable
Beta: 1.18

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Key Executives

Dr. Michael D. Slessor (Age 53)
CEO, President & Director
Comp: $853.01k
Mr. Shai Shahar (Age 51)
Chief Financial Officer
Comp: $496.71k
Mr. Jarek Kister
CTO and Senior VP of Technology R&D
Mr. Steven Nott
Chief Information Officer
Stan Finkelstein
Head of Investor Relations
Ms. Christy Robertson
VP, General Counsel & Secretary
Ms. Aliza Scott
Chief Human Resources Officer
Ms. Chunyi Leong (Age 48)
Senior VP & Chief Commercial Officer
Dr. Matt Losey
Executive VP & GM of Probes Business Unit

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FORM Stock Analysis - Frequently Asked Questions

Should I buy or sell FormFactor stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FormFactor in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FORM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FORM, but not buy additional shares or sell existing shares.
View FORM analyst ratings or view top-rated stocks.
What is FormFactor's stock price target for 2024?: 8 Wall Street research analysts have issued 1 year price targets for FormFactor's shares. Their FORM share price targets range from $32.00 to $50.00. On average, they expect the company's share price to reach $39.67 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
View analysts price targets for FORM or view top-rated stocks among Wall Street analysts.
How have FORM shares performed in 2023?: FormFactor's stock was trading at $22.23 at the beginning of 2023. Since then, FORM shares have increased by 65.0% and is now trading at $36.67.
View the best growth stocks for 2023 here.
Are investors shorting FormFactor?: FormFactor saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 2,880,000 shares, an increase of 17.6% from the October 31st total of 2,450,000 shares. Based on an average daily volume of 489,100 shares, the days-to-cover ratio is currently 5.9 days. Currently, 3.7% of the company's shares are short sold.
View FormFactor's Short Interest.
When is FormFactor's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our FORM earnings forecast.
How were FormFactor's earnings last quarter?: FormFactor, Inc. (NASDAQ:FORM) released its quarterly earnings data on Wednesday, November, 1st. The semiconductor company reported $0.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.02. The semiconductor company had revenue of $171.58 million for the quarter, compared to analyst estimates of $167.34 million. FormFactor had a positive trailing twelve-month return on equity of 1.24% and a negative net margin of 1.09%.
What ETFs hold FormFactor's stock?: ETFs with the largest weight of FormFactor (NASDAQ:FORM) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), SRH U.S. Quality ETF (SRHQ), Harbor Small Cap Explorer ETF (QWST), iShares S&P Small-Cap 600 Value ETF (IJS), SPDR S&P 600 Small CapValue ETF (SLYV) and Vanguard S&P Small-Cap 600 Value ETF (VIOV).SPDR S&P 600 Small Cap ETF (SLY).

What guidance has FormFactor issued on next quarter's earnings?: FormFactor updated its fourth quarter earnings guidance on Wednesday, November, 1st. The company provided earnings per share (EPS) guidance of $0.16-0.24 for the period, compared to the consensus earnings per share estimate of $0.20. The company issued revenue guidance of $160-170 million, compared to the consensus revenue estimate of $173.25 million.
What is Mike Slessor's approval rating as FormFactor's CEO?: 53 employees have rated FormFactor Chief Executive Officer Mike Slessor on Glassdoor.com. Mike Slessor has an approval rating of 84% among the company's employees. 55.0% of employees surveyed would recommend working at FormFactor to a friend.
What other stocks do shareholders of FormFactor own?: Based on aggregate information from My MarketBeat watchlists, some companies that other FormFactor investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Micron Technology (MU), Netflix (NFLX), Cisco Systems (CSCO), AbbVie (ABBV), PayPal (PYPL), Splunk (SPLK) and Salesforce (CRM).
Who are FormFactor's major shareholders?: FormFactor's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Earnest Partners LLC (8.30%), Primecap Management Co. CA (3.91%), Victory Capital Management Inc. (1.99%), Sei Investments Co. (1.66%), Wellington Management Group LLP (1.37%) and Massachusetts Financial Services Co. MA (1.34%). Insiders that own company stock include Dennis Thomas St, Edward Rogas Jr, Kelley Steven-Waiss, Mike Slessor, Raymond A Link, Rebeca Obregon-Jimenez, Shai Shahar and Sheri Rhodes.
View institutional ownership trends.
How do I buy shares of FormFactor?: Shares of FORM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
Does FormFactor have any subsidiaries?: The following companies are subsidiares of FormFactor: Advanced Temperature Test Systems GmbH, Advantest Corporation, Astria Semiconductor Holding, Cascade International (Shanghai) Trading Co. Ltd., Cascade Microtech, Cascade Microtech Singapore Pte Ltd, FRT, FRT GmbH, FormFactor GmbH, FormFactor International Inc., FormFactor K.K., FormFactor Korea Inc., FormFactor SASU, FormFactor Singapore Pte. Ltd., High Precision Devices, High Precision Devices Inc., MicroProbe Inc, Microprobe HongKong Limited, and Microprobe Technology (Suzhou) Co. Ltd..
Read More

This page (NASDAQ:FORM) was last updated on 12/6/2023 by MarketBeat.com Staff

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