FormFactorFORM
Market Cap: $3.24B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
705% more call options, than puts
Call options by funds: $7.45M | Put options by funds: $926K
214% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 22
75% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 7 (+3) [Q2]
30% more capital invested
Capital invested by funds: $3.48B [Q1] → $4.54B (+$1.06B) [Q2]
18% more funds holding
Funds holding: 262 [Q1] → 309 (+47) [Q2]
1.13% less ownership
Funds ownership: 98.42% [Q1] → 97.29% (-1.13%) [Q2]
21% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 115
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
TD Cowen Krish Sankar 19% 1-year accuracy 4 / 21 met price target | 43%upside $60 | Hold Maintained | 1 Aug 2024 |
DA Davidson Hans Chung 0% 1-year accuracy 0 / 1 met price target | 48%upside $62 | Buy Maintained | 1 Aug 2024 |
Needham Charles Shi 21% 1-year accuracy 14 / 67 met price target | 67%upside $70 | Buy Reiterated | 1 Aug 2024 |
Stifel Brian Chin 25% 1-year accuracy 6 / 24 met price target | 31%upside $55 | Hold Maintained | 16 Jul 2024 |
B. Riley Securities Craig Ellis 20% 1-year accuracy 11 / 55 met price target | 77%upside $74 | Buy Maintained | 20 Jun 2024 |
Financial journalist opinion
Based on 4 articles about FORM published over the past 30 days