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FormFactor, Inc. (FORM)

87.14 -10.32 (-10.59%)
At close: 3:52:23 PM EDT
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FORM Q3 2026 earnings call
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Chart Range Bar
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  • Previous Close 97.46
  • Open 89.86
  • Bid 82.51 x 100
  • Ask 91.08 x 100
  • Day's Range 84.53 - 91.05
  • 52 Week Range 47.33 - 160.27
  • Volume 2,345,231
  • Avg. Volume 1,484,412
  • Market Cap (intraday) 6.807B
  • Beta (5Y Monthly) 1.18
  • PE Ratio (TTM) 39.97
  • EPS (TTM) 2.18
  • Earnings Date Oct 28, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 152.22
  • Zacks Rating Bullish

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. It 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 sells its products through direct sales force, manufacturers' representatives, and distributors. It has a strategic collaboration with Teradyne. 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

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

FORM
56.22%
S&P 500 (^GSPC)
10.42%

1-Year Return

FORM
47.07%
S&P 500 (^GSPC)
10.80%

3-Year Return

FORM
165.19%
S&P 500 (^GSPC)
81.41%

5-Year Return

FORM
119.05%
S&P 500 (^GSPC)
64.13%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 280.55M
Earnings 73.82M
Profit Margin 26.31%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
50M
100M
150M
200M
250M
10.0%
15.0%
20.0%
25.0%

Analyst Insights

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Analyst Price Targets

110.00
152.22 Average
87.14 Current
200.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/29/2026
Analyst TD Cowen
Rating Action Maintains
Rating Hold
Price Action Raises
Price Target 100 -> 110

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    17.72%

  • Return on Assets (ttm)

    10.13%

  • Return on Equity (ttm)

    15.85%

  • Revenue (ttm)

    980.1M

  • Net Income Avi to Common (ttm)

    173.63M

  • Diluted EPS (ttm)

    2.18

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    395.41M

  • Total Debt/Equity (mrq)

    2.35%

  • Levered Free Cash Flow (ttm)

    159.54M

Company Insights

Research Reports

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