FORM icon

FormFactor

45.26 USD
-0.66
1.44%
Updated Dec 30, 12:20 PM EST
1 day
-1.44%
5 days
1.78%
1 month
6.34%
3 months
-1.61%
6 months
-25.71%
Year to date
12.17%
1 year
12.17%
5 years
72.75%
10 years
436.26%
 

About: FormFactor Inc designs, develops, manufactures, sells, and supports semiconductor probe card products. The company operates in two reportable segments namely Probe Cards Segment and the Systems Segment. Sales of probe cards and analytical probes are included in the Probe Cards Segment, while sales of probe stations and thermal sub-systems are included in the Systems Segment. Probe cards generate the maximum revenue from its operations. It offers multiple product lines which include analytical probes, probe stations, thermal sub-systems, and related services.

Employees: 2,115

0
Funds holding %
of 6,812 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

782% more call options, than puts

Call options by funds: $5.93M | Put options by funds: $672K

21% more repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 102

12% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 49

2% more funds holding

Funds holding: 311 [Q2] → 317 (+6) [Q3]

3.28% less ownership

Funds ownership: 98.92% [Q2] → 95.65% (-3.28%) [Q3]

26% less capital invested

Capital invested by funds: $4.62B [Q2] → $3.4B (-$1.21B) [Q3]

86% less funds holding in top 10

Funds holding in top 10: 7 [Q2] → 1 (-6) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$44
3%
downside
Avg. target
$48
6%
upside
High target
$52
15%
upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
TD Cowen
Krish Sankar
38% 1-year accuracy
10 / 26 met price target
3%downside
$44
Hold
Maintained
31 Oct 2024
Needham
Charles Shi
32% 1-year accuracy
25 / 78 met price target
15%upside
$52
Buy
Maintained
31 Oct 2024

Financial journalist opinion

Positive
Seeking Alpha
1 week ago
FormFactor: GenAI Propels The Company Forward
FormFactor's diversified product portfolio and leadership in DRAM and HBM probe cards position it well for growth in semiconductor testing and advanced packaging markets. The Systems segment is expanding with solutions for quantum computing, silicon photonics, and co-packaged optics, anticipating significant demand by FY25 or early FY26. Q3 financials show strong revenue growth and improved free cash flow, despite a slight decrease in gross margin due to product mix and quality costs.
FormFactor: GenAI Propels The Company Forward
Neutral
GlobeNewsWire
3 weeks ago
FormFactor Announces Participation in 13th Annual NYC Summit
LIVERMORE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced that it will be joining 17 other companies in collectively hosting the 13th Annual NYC Summit investor conference, being held Tuesday, December 17th at Mastro's Steakhouse New York.
FormFactor Announces Participation in 13th Annual NYC Summit
Positive
Zacks Investment Research
1 month ago
Why Is FormFactor (FORM) Up 3.5% Since Last Earnings Report?
FormFactor (FORM) reported earnings 30 days ago. What's next for the stock?
Why Is FormFactor (FORM) Up 3.5% Since Last Earnings Report?
Neutral
Zacks Investment Research
1 month ago
FormFactor Stock Plunges 10% in a Month: What Should You Do Now?
Though FORM's long-term prospect seems promising, but weakness in the Foundry and Logic segment and stretched valuation may cap near-term upside.
FormFactor Stock Plunges 10% in a Month: What Should You Do Now?
Neutral
GlobeNewsWire
1 month ago
FormFactor Announces Participation at Upcoming Conference
LIVERMORE, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) is pleased to announce its participation in the following investor conference:
FormFactor Announces Participation at Upcoming Conference
Neutral
GlobeNewsWire
1 month ago
FormFactor Receives SK hynix Best Partner Award
FormFactor Recognized for Supplier Excellence in Advanced Semiconductor Test Solutions FormFactor Recognized for Supplier Excellence in Advanced Semiconductor Test Solutions
FormFactor Receives SK hynix Best Partner Award
Neutral
Zacks Investment Research
1 month ago
FormFactor Q3 Earnings Beat Estimates, Stock Declines on Weak View
FORM's third-quarter 2024 results benefit from record DRAM probe-card revenues on strong demand. Its weak guidance hurts shares.
FormFactor Q3 Earnings Beat Estimates, Stock Declines on Weak View
Neutral
Seeking Alpha
1 month ago
FormFactor, Inc. (FORM) Q3 2024 Earnings Call Transcript
FormFactor, Inc. (NASDAQ:FORM ) Q3 2024 Earnings Conference Call October 30, 2024 4:25 PM ET Company Participants Mike Slessor - President, Chief Executive Officer Shai Shahar - Chief Financial Officer Stan Finkelstein - Vice President of Investor Relations Conference Call Participants Krish Sankar - TD Cowen Charles Shi - Needham & Company Craig Ellis - B. Riley Securities David Dooley - Steelhead Securities Christian Schwab - Craig-Hallum Tom Diffely - D.A.
FormFactor, Inc. (FORM) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
FormFactor (FORM) Surpasses Q3 Earnings and Revenue Estimates
FormFactor (FORM) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.22 per share a year ago.
FormFactor (FORM) Surpasses Q3 Earnings and Revenue Estimates
Neutral
GlobeNewsWire
2 months ago
FormFactor, Inc. Reports 2024 Third Quarter Results
Record Quarterly Revenue, Profitability at the Top End of the Outlook Range; Sees Reduced Demand for Foundry and Logic in Q4, Partially Offset by Continued Strength in DRAM
FormFactor, Inc. Reports 2024 Third Quarter Results
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