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FORM Overview

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Intellectia

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High
131.680
Open
130.730
VWAP
126.72
Vol
1.58M
Mkt Cap
9.71B
Low
123.900
Amount
200.75M
EV/EBITDA(TTM)
66.61
Total Shares
77.95M
EV
9.42B
EV/OCF(TTM)
68.86
P/S(TTM)
11.68
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.
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Events Timeline

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News

NASDAQ.COM
8.5
05-29NASDAQ.COM
PinnedFormFactor: A Key Driver in Quantum Computing
  • Quantum Infrastructure: FormFactor's cryogenic testing tools are essential for superconducting and spin-based quantum computing systems, positioning the company as a critical player in the quantum computing landscape with significant long-term growth potential.
  • Surging Market Demand: Over the past year, FormFactor's stock has surged more than 300%, reflecting investor recognition of its central role in AI and semiconductor demand, further solidifying its market position.
  • Significant Technical Advantage: The HPD IQ3000 probe station from FormFactor operates at 4 Kelvin, enabling efficient testing of various quantum devices, which helps clients identify design flaws early and reduce costs in later stages.
  • Increased Industry Recognition: With the U.S. government's formal acknowledgment of quantum computing, FormFactor's equipment is featured as a reference platform by multiple quantum computing hardware vendors and control electronics companies, enhancing its influence in the industry.
Fool
7.5
05-29Fool
FormFactor's Critical Role in Quantum Computing
  • Surging Market Demand: FormFactor's stock has surged over 300% in the past year, reflecting investor recognition of its central role in quantum computing and advanced AI chip testing, indicating the company is at the heart of several powerful technology trends.
  • Infrastructure Supplier: As a critical infrastructure supplier for quantum computing hardware, FormFactor's HPD IQ3000 probe station provides a 4-kelvin platform that allows researchers to test multiple quantum devices in a single cooling cycle, enhancing testing efficiency and reducing the risk of design flaws.
  • Industry Partnerships: FormFactor has established close partnerships with quantum computing hardware vendors and control electronics companies, becoming a reference platform for device validation, which not only enhances its market position but also expands its influence in the quantum computing field.
  • Future Growth Potential: As the quantum computing industry moves toward practical applications, FormFactor's testing systems will become reliable tools for quickly and efficiently testing and improving quantum chips, expected to capture significant market share over the next decade, further driving company growth.
Yahoo Finance
5.0
05-21Yahoo Finance
Formfactor Director Sells Shares
  • Share Sale: On May 20, 2026, Brian C White sold 3,250 shares of Formfactor (FORM) for a total of $409,500, indicating a cautious outlook from the director regarding the company's future prospects.
  • Market Reaction: This transaction may raise investor concerns about Formfactor's stock, particularly in the context of executive sell-offs, potentially affecting market confidence in the company's long-term growth potential.
  • Liquidity Impact: The share sale could increase liquidity in the market, but it may also lead to short-term stock price volatility, influencing investors' holding decisions.
  • Strategic Consideration: The director's divestment may suggest a reassessment of personal financial circumstances, although it does not necessarily reflect changes in the company's fundamentals, warranting close attention to subsequent market developments.
Newsfilter
1.0
05-15Newsfilter
FormFactor to Participate in Multiple Investor Conferences
  • Investor Conference Schedule: FormFactor is set to participate in several investor conferences, including B. Riley, TD Cowen, and Craig-Hallum, scheduled for May 20, May 27, and May 28, 2026, respectively, aiming to enhance market awareness through one-on-one interactions with investors.
  • Venue and Format: These conferences will take place at upscale hotels in California, New York, and Minnesota, utilizing a one-on-one meeting format that allows the company to forge closer connections with potential investors, thereby driving future investment opportunities.
  • Global Business Network: FormFactor operates multiple facilities across Asia, Europe, and North America, providing comprehensive test and measurement technologies that assist semiconductor companies in optimizing device performance and increasing yield, further solidifying its leadership position in the industry.
  • Company Overview: As a leading provider of test and measurement technologies, FormFactor focuses on services throughout the entire integrated circuit lifecycle, dedicated to accelerating customer profitability, showcasing its significant role in the semiconductor sector.
Yahoo Finance
6.5
05-12Yahoo Finance
Investment Moves of Small-Cap Pioneer Chuck Royce Revealed in Q1 2026 13F Filing
  • New Stock Additions: Chuck Royce added a total of 56 stocks in Q1 2026, with DigitalOcean Holdings Inc being the largest addition at 224,412 shares valued at $19.25 million, representing 0.19% of the portfolio, indicating confidence in the cloud computing sector.
  • Key Position Increases: Among 354 stocks, the most notable increase was in Exponent Inc, where Royce added 492,764 shares, bringing the total to 1,144,873 shares, reflecting a significant 75.56% increase and optimism about its future growth potential.
  • Complete Exits: Royce completely exited 43 holdings in Q1, including Tegna Inc and Graphic Packaging Holding Co, which impacted the portfolio by -0.28% and -0.19% respectively, suggesting a cautious outlook on these companies' prospects.
  • Significant Reductions: In reducing positions across 285 stocks, the most notable cuts were in FormFactor Inc and Kyndryl Holdings Inc, with reductions of 706,028 shares and 1,479,508 shares respectively, indicating dissatisfaction with their short-term performance, particularly Kyndryl's 56.59% decline year-to-date.
Newsfilter
1.0
05-08Newsfilter
FormFactor to Ring Nasdaq Closing Bell on May 11, 2026
  • Nasdaq Closing Bell Ceremony: FormFactor will ring the Nasdaq Closing Bell on May 11, 2026, at Times Square, New York, highlighting its leadership in semiconductor test and measurement technologies, which is expected to enhance brand visibility.
  • CEO Remarks: CEO Mike Slessor stated that FormFactor has consistently demonstrated the ability to innovate and expand its business, expressing gratitude for the global team's hard work and dedication, emphasizing the company's growth potential.
  • Global Network: FormFactor operates facilities across Asia, Europe, and North America, providing semiconductor companies with essential test and measurement technologies throughout the IC life cycle, helping clients optimize device performance and enhance profitability, thereby solidifying its market position.
  • Live Webcast: The Nasdaq Closing Bell ceremony will be available via live webcast, expected to attract investor and industry attention, enhancing interaction between the company and investors, and boosting market confidence.
Wall Street analysts forecast FORM stock price to rise
10 Analyst Rating
Wall Street analysts forecast FORM stock price to rise
5 Buy
5 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
42.00
Averages
57.00
High
78.00
Current: 0.000
sliders
Low
42.00
Averages
57.00
High
78.00
B. Riley
Neutral
maintain
$145 -> $165
AI Analysis
2026-05-12
Reason
B. Riley
Price Target
$145 -> $165
AI Analysis
2026-05-12
maintain
Neutral
Reason
B. Riley raised the firm's price target on FormFactor to $165 from $145 and keeps a Neutral rating on the shares. FormFactor outlined an ambitious 2030 growth plan targeting $1.6B in revenue, 55% gross margins, and $5 EPS driven by strong positioning in advanced packaging and high-performance compute, including GPU probe card ramps and HBM5-related demand, alongside operational gains from its Farmers Branch expansion that support higher margins and long-term market share gains, the analyst tells investors in a research note.
Craig-Hallum
Christian Schwab
Hold
to
Buy
upgrade
$175
2026-05-12
Reason
Craig-Hallum
Christian Schwab
Price Target
$175
2026-05-12
upgrade
Hold
to
Buy
Reason
Craig-Hallum analyst Christian Schwab upgraded FormFactor to Buy from Hold with a $175 price target following the company's Investor Day and updated target model. As the number one probe card supplier globally, management targets $1.6B in revenue and EPS of $5 by 20230, with revenue growing at roughly two times the underlying 8% SAM CAGR as the market expands from what management believes will be $3.1B in 2025 to $4.5B by 20230 with Probes growing from $2.8B to $4.0B and Systems from $0.3B to $0.5B, driven by increasing test intensity, support from diversified core businesses, and outsized growth from CPO, GPU, and custom ASICs.
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Valuation Metrics

The current forward P/E ratio for FormFactor Inc (FORM.O) is 64.10, compared to its 5-year average forward P/E of 34.66. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
34.66
Current PE
64.10
Overvalued PE
44.64
Undervalued PE
24.69

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
23.91
Current EV/EBITDA
48.14
Overvalued EV/EBITDA
36.54
Undervalued EV/EBITDA
11.29

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
4.22
Current PS
9.49
Overvalued PS
5.63
Undervalued PS
2.80

Financials

AI Analysis
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Whales Holding FORM

N
Needham Investment Management, LLC
Holding
FORM
+42.77%
3M Return
R
Reinhart Partners, LLC
Holding
FORM
+14.62%
3M Return
R
Royce & Associates, LP
Holding
FORM
+1.69%
3M Return
C
Channing Capital Management, LLC
Holding
FORM
-2.28%
3M Return
E
EARNEST Partners, LLC
Holding
FORM
-3.72%
3M Return

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Frequently Asked Questions

What is FormFactor Inc (FORM) stock price today?

The current price of FORM is 124.59 USD — it has decreased -4.32

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?

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 is57.00 USD with a low forecast of 42.00 USD and a high forecast of 78.00 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.

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

FormFactor Inc revenue for the last quarter amounts to 226.14M USD, increased 31.97

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

FormFactor Inc. EPS for the last quarter amounts to 0.26 USD, increased 225.00

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

FormFactor Inc (FORM) has 2153 emplpoyees as of June 01 2026.

What is FormFactor Inc (FORM) market cap?

Today FORM has the market capitalization of 9.71B USD.