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FormFactor, Inc. (FORM)

126.27 -1.72 (-1.34%)
At close: May 15 at 4:00:01 PM EDT
125.55 -0.72 (-0.57%)
After hours: May 15 at 7:59:16 PM EDT
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Chart Range Bar
Loading chart for FORM
  • Previous Close 127.99
  • Open 121.66
  • Bid 108.90 x 100
  • Ask 145.54 x 100
  • Day's Range 119.30 - 127.99
  • 52 Week Range 26.08 - 159.09
  • Volume 2,737,663
  • Avg. Volume 1,759,817
  • Market Cap (intraday) 9.843B
  • Beta (5Y Monthly) 1.33
  • PE Ratio (TTM) 145.14
  • EPS (TTM) 0.87
  • Earnings Date (est.) Jul 29, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 144.67

FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally. The company operates in two segments: Probe Cards and Systems segments. The company provides probe cards to test various semiconductor device types, including systems- on-chip products, such as graphics, central, digital processing units, and other custom application-specific processing units; mobile application processors, microprocessors, and microcontrollers; network devices, which include switches and network processing units; dynamic random-access memory; radio-frequency amplifiers and filters; antenna-in-package devices; analog and mixed-signal integrated circuits; image sensors; co-packaged optical integrated circuits; NAND flash memory; NOR flash memory; and quantum computer processor devices. It also offers analytical probes, which are used for device characterization, electrical simulation model development, failure analysis, and prototype design debugging; probe stations, a critical tool for the development of new generations of semiconductor and electro-optical processes and designs; and thermal subsystems, which include thermal chucks and other test systems used in probe stations and other applications for precise temperature management. In addition, the company provides cryogenic systems, which includes the manufacture of precision cryogenic instruments and semiconductor test and measurement systems; and services and support, including installation services. Further, it offers 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.

www.formfactor.com

2,153

Full Time Employees

December 27

Fiscal Year Ends

Technology

Sector

Performance Overview: FORM

Trailing total returns as of 5/15/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

FORM
126.37%
S&P 500 (^GSPC)
8.22%

1-Year Return

FORM
284.73%
S&P 500 (^GSPC)
25.21%

3-Year Return

FORM
336.62%
S&P 500 (^GSPC)
79.11%

5-Year Return

FORM
273.58%
S&P 500 (^GSPC)
77.50%

Earnings Trends: FORM

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue 226.14M
Earnings 44.51M

Q2

FY25

Q3

FY25

Q4

FY25

Q1

FY26

0
50M
100M
150M
200M

Analyst Insights: FORM

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Analyst Price Targets

64.00 Low
144.67 Average
126.27 Current
175.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 5/12/2026
Analyst B. Riley Securities
Rating Action Maintains
Rating Neutral
Price Action Raises
Price Target 145 -> 165

Statistics: FORM

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Valuation Measures

Annual
As of 5/8/2026
  • Market Cap

    11.53B

  • Enterprise Value

    11.26B

  • Trailing P/E

    169.97

  • Forward P/E

    70.92

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    13.86

  • Price/Book (mrq)

    10.89

  • Enterprise Value/Revenue

    13.40

  • Enterprise Value/EBITDA

    87.73

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    8.14%

  • Return on Assets (ttm)

    5.15%

  • Return on Equity (ttm)

    6.75%

  • Revenue (ttm)

    839.78M

  • Net Income Avi to Common (ttm)

    68.34M

  • Diluted EPS (ttm)

    0.87

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    303.28M

  • Total Debt/Equity (mrq)

    3.01%

  • Levered Free Cash Flow (ttm)

    -566.88k

Compare To: FORM

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Company Insights: FORM

Fair Value

126.27 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports: FORM

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  • Lowering target price to $155.00

    FORMFACTOR INC has an Investment Rating of BUY; a target price of $155.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
  • Raising target price to $171.00

    FORMFACTOR INC has an Investment Rating of BUY; a target price of $171.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
  • Rating increased to a BUY

    FORMFACTOR INC has an Investment Rating of BUY; a target price of $158.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
  • Raising target price to $149.00

    FORMFACTOR INC has an Investment Rating of HOLD; a target price of $149.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target

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