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FORMFORM

$99.7

+0.82
arrow_drop_up0.83%
Market closed·update02 Mar 2026 21:00

$99.48

-0.22
arrow_drop_down0.22%
Post-market·update03 Mar 2026 00:57
Day's Range
95.9-99.72
52-week Range
22.58-107.04

Chart

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Performance

Key Stats

Next Earnings Date2026-02-04
Next Earnings TimeAfter Market Close
Volume1.34M
Average Volume 30d1.33M

AI FORM Summary

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49.83
Valuation (P/E Ratio)
High P/E indicates growth expectations.
📈
0.152
EPS Growth (YoY)
Positive earnings growth.
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AI Scoreboard

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Overall Analysis

Buy
75

FormFactor shows strong fundamental performance with solid growth and profitability metrics. The company has a healthy balance sheet and positive cash flow. While its thematic positioning in semiconductor testing is robust, current technical indicators suggest a neutral to slightly bearish short-term outlook, warranting a cautious but overall positive investment stance.

Strong

Thematic

85

FormFactor is strategically positioned to benefit from key technological trends including advanced semiconductor manufacturing, AI, and high-performance computing, all of which drive demand for sophisticated testing solutions.

Strong

Fundamental

88

FormFactor demonstrates robust financial health with consistent revenue and earnings growth, healthy profit margins, and a strong balance sheet with manageable debt. The company's valuation metrics, while showing some fluctuations, generally reflect its growth trajectory.

Neutral

Technical

45

The stock is currently trading below its key moving averages, with several short-term indicators suggesting downward momentum. While there are some bullish signals from oscillators, the overall technical picture indicates a neutral to slightly bearish short-term trend.

FactorScore
Semiconductor Industry Growth90
AI and High-Performance Computing92
Supply Chain Resilience75
Emerging Technologies (e.g., Quantum Computing)85
Geopolitical Factors70
FactorScore
Valuation40
Profitability75
Growth85
Balance Sheet Health95
Cash Flow80
FactorScore
Trend Analysis30
Momentum50
Volume Confirmation60
Support & Resistance50
Oscillator Signals60

AI Investing Checklist

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Bullish Points (7)

Earnings Performance chevron_right

Positive EPS Surprises

FormFactor has exceeded earnings per share (EPS) estimates in 7 out of the last 8 quarters, indicating consistent operational execution and accurate forecasting.

Valuation chevron_right

Attractive P/E Ratio relative to industry

The Price-to-Earnings (P/E) ratio of 49.62 is lower than the industry average, potentially indicating the stock is undervalued compared to its peers.

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Bearish Points (7)

Valuation Risk chevron_right

High P/E Ratio (TTM)

The trailing twelve months (TTM) P/E ratio of 75.7 is significantly high, suggesting the stock may be overvalued and sensitive to future earnings.

Performance chevron_right

Negative Year-to-Date Performance

FormFactor's Year-to-Date (YTD) performance is -22.57%, indicating a significant decline in share price over the current year.

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Calendar

July 2025

31

Next Earnings Date

EPS Est.
Revenue Est.

H: $0.30

A: $0.30

L: $0.30

H: 191.00M

A: 190.17M

L: 190.00M

Profile

Employees (FY)2.24K
ISINUS3463751087
FIGI-

FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States and internationally. 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, network and digital signal processing integrated circuits, radio frequency amplifiers, filters and antenna in package devices, analog, mixed signal, image sensors, electro-optical, DRAM memory, NAND flash memory, NOR flash memory, and quantum computer processor devices; and analytical probes, which are used for device characterization, electrical simulation model development, failure analysis, and prototype design debugging. It also offers probe stations for semiconductor design engineers to capture and analyze accurate data; thermal subsystems, which include thermal chucks and other test systems used in probe stations and other applications for precise temperature management; cryogenic systems, which includes the manufacture of precision cryogenic instruments and semiconductor test and measurement systems; and services and support, including installation services. In addition, the company provides on-site probe card maintenance and service training, seminars, and telephone support services. It markets and sells its products through direct sales force, manufacturers' representatives, and distributors. The company was incorporated in 1993 and is headquartered in Livermore, California.

Seasonals

2025
2024
2023
2022
2021

Price Target

38.38 USD

The 39 analysts offering 1 year price forecasts for FORM have a max estimate of 45.00 and a min estimate of 30.00.

Debt Level and Coverage

Debt
Free cash flow
Cash & equivalents

Financial Position Analysis

Assets
Liabilities

Ownership

Free Float shares
76.4M (99.11%)
Closely held shares
688K (0.89%)
77.1M
Free Float shares
76.4M (99.11%)
Closely held shares
688K (0.89%)

Capital Structure

Market cap
2.64B
Debt
39.23M
Minority interest
0.00
Cash & equivalents
190.73M
Enterprise value
2.49B

Valuation - Summary

Market Cap
2.64B
Net income
34.8M(1.32%)
Revenue
569M(21.55%)
2.64B
Market Cap
2.64B
Net income
34.8M(1.32%)
Revenue
569M(21.55%)
Price to earning ratio (P/E)75.70x
Price to sales ratio (P/S)4.60x

Valuation - Ratios

P/E
P/S

Revenue to Profit Conversion

Revenue
763.6M
COGS
455.68M
Gross Profit
307.92M
OpEx
263.72M
Operating Income
44.2M
Other & Taxes
-25.41M
Net Income
69.61M

Balance Sheet

Total assets
Total liabilities
Liabilities to assets %

Income Statement

Revenue
Net Income
Net Margin

Cash Flow

Operating Cash Flow
Investing Cash Flow
Financing Cash Flow
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