FORM Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

210.26M

+10.97%

0.350

+29.63%

202.06M

+17.92%

0.305

+32.61%

212.85M

+8.71%

0.362

+34.26%

Estimates Revision

The market is revising Upward the revenue expectations for FormFactor, Inc. (FORM) for FY2025, with the revenue forecasts being adjusted by 1.59% over the past three months. During the same period, the stock price has changed by 79.97%.

Revenue Estimates for FY2025

Revise Upward

+1.59%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+11.24%

In Past 3 Month

Stock Price

Go Up

+79.97%

In Past 3 Month

10 Analyst Rating

Wall Street analysts forecast FORM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FORM is 55.44 USD with a low forecast of 42.00 USD and a high forecast of 75.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

5 Buy

5 Hold

0 Sell

Moderate Buy

Current: 0.000

Low

42.00

Averages

55.44

High

75.00

Current: 0.000

Low

42.00

Averages

55.44

High

75.00

B. Riley

maintain

$66 -> $78

2025-12-12

Reason

B. Riley

Price Target

$66 -> $78

2025-12-12

maintain

Reason

B. Riley raised the firm's price target on FormFactor to $78 from $66 and keeps a Buy rating on the shares. FormFactor's recent non-deal roadshow highlighted strong near- and long-term drivers, including robust DRAM growth, GPU/XPU diversification, and structural operational improvements supporting a gross margin inflection toward 47% in 2026, the analyst tells investors in a research note. These factors reinforce FormFactor as a top Semi Cap pick with attractive 12-month return potential, B. Riley says.

Cantor Fitzgerald

Matthew Prisco

Overweight

initiated

$75

2025-11-18

Reason

Cantor Fitzgerald

Matthew Prisco

Price Target

$75

2025-11-18

initiated

Overweight

Reason

Cantor Fitzgerald analyst Matthew Prisco initiated coverage of FormFactor with an Overweight rating and $75 price target. FormFactor's 68% rally since September has been fueled by strong HBM exposure, improving gross margins, and growing demand for advanced probe cards needed for increasingly complex AI chips, the analyst tells investors in a research note. The firm sees meaningful medium-term upside, with EPS potentially reaching ~$3 in 2027 and ~$4 in 2030 under reasonable scenarios, implying a discounted fair value around $75 based on a 25x multiple.

Cantor Fitzgerald

NULL -> Overweight

initiated

$75

2025-11-18

Reason

Cantor Fitzgerald

Price Target

$75

2025-11-18

initiated

NULL -> Overweight

Reason

Cantor Fitzgerald initiated coverage of FormFactor with an Overweight rating and $75 price target.

Northland

Market Perform

upgrade

$23 -> $44

2025-10-30

Reason

Northland

Price Target

$23 -> $44

2025-10-30

upgrade

Market Perform

Reason

Northland raised the firm's price target on FormFactor to $44 from $23 and keeps a Market Perform rating on the shares. The company, which beat expectations and raised estimates in Q3, is starting to see gross margin expansion driven by automation, yield improvements, and cycle-time reductions, the analyst tells investors in a post-earnings note. The firm expects demand to remain strong through 2026 on the back of AI demand and a broadening of demand to PC and mobile phones, the analyst added.

DA Davidson

Thomas Diffely

Buy

upgrade

$45 -> $55

2025-10-30

Reason

DA Davidson

Thomas Diffely

Price Target

$45 -> $55

2025-10-30

upgrade

Buy

Reason

DA Davidson analyst Thomas Diffely raised the firm's price target on FormFactor to $55 from $45 and keeps a Buy rating on the shares. The company posted a solid "beat & raise" quarter highlighted by the beginning of a nice margin recovery as revenue strength from high bandwidth memory is driving EPS upside and also positions as a key component in advanced AI chip packages, the analyst tells investors in a research note. This association with the exploding AI market is driving multiple expansion for the stock, the firm added.

TD Cowen

Hold

upgrade

$35 -> $50

2025-10-30

Reason

TD Cowen

Price Target

$35 -> $50

2025-10-30

upgrade

Hold

Reason

TD Cowen raised the firm's price target on FormFactor to $50 from $35 and keeps a Hold rating on the shares. The firm said DRAM Probe Card demand remains stable near-term, driving above Consensus December quarter revenues while foundry/logic demand has been relatively softer.

Valuation Metrics

The current forward P/E ratio for FormFactor Inc (FORM.O) is 41.18, compared to its 5-year average forward P/E of 33.58. For a more detailed relative valuation and DCF analysis to assess FormFactor Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

33.58

Current PE

41.18

Overvalued PE

41.64

Undervalued PE

25.52

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

20.35

Current EV/EBITDA

25.34

Overvalued EV/EBITDA

24.33

Undervalued EV/EBITDA

16.37

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

3.93

Current PS

5.42

Overvalued PS

4.67

Undervalued PS

3.19

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 1603.7% over the last month.

Sold

Bought

Hedge Fund

Hedge Funds areBuying! The buying amount has increased 310.96% over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders areSelling! The selling amount has increased 1603.7% over the last month.

Sold

Bought

FORM News & Events

Events Timeline

No data

News

1.0

01-02Globenewswire

FormFactor to Present at 2026 Needham Growth Conference on January 13

1.0

01-02Yahoo Finance

FormFactor to Present at 28th Annual Needham Growth Conference on January 13-14, 2026

6.5

2025-12-25Fool

Shannon River Initiates $35.26M Position in FormFactor (FORM)

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Frequently Asked Questions

What is FormFactor Inc (FORM) stock price today?

The current price of FORM is 68.64 USD — it has increased 6.39 % in the last trading day.

What is FormFactor Inc (FORM)'s business?

FormFactor, Inc. is a provider of essential test and measurement technologies along the full semiconductor product lifecycle, from characterization, modeling, reliability, and design de-bug to qualification and production test. The Company provides a range of high-performance probe cards, analytical probes, probe stations, thermal systems, and cryogenic systems to both semiconductor companies and scientific institutions. Its products provide electrical and optical information from a variety of semiconductor and electro-optical devices and integrated circuits from early research, through development, to high-volume production. It operates in two segments: Probe Cards and the Systems. The Probe Cards segment includes sales of its probe cards and analytical probes. The Systems segment includes sales of its probe stations, thermal systems and cryogenic systems. It also offers optical probing technology for silicon photonics (SiPh) and co-packaged optics (CPO) wafer testing.

What is the price predicton of FORM Stock?

What is FormFactor Inc (FORM)'s revenue for the last quarter?

FormFactor Inc revenue for the last quarter amounts to 202.68M USD, decreased -2.52 % YoY.

What is FormFactor Inc (FORM)'s earnings per share (EPS) for the last quarter?

FormFactor Inc. EPS for the last quarter amounts to 0.20 USD, decreased -16.67 % YoY.

What changes have occurred in the market's expectations for FormFactor Inc (FORM)'s fundamentals?

How many employees does FormFactor Inc (FORM). have?

FormFactor Inc (FORM) has 2238 emplpoyees as of January 10 2026.

What is FormFactor Inc (FORM) market cap?

Today FORM has the market capitalization of 5.32B USD.