Should You Buy FormFactor Inc (FORM) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
BUY for a long-term beginner right now, but treat it as an “add-on-dips” entry rather than an all-in purchase. The stock has pulled back to the ~$72 support area (S1 ~72.25) after a big run, while Wall Street remains mostly constructive on multi-year AI/HBM probe-card demand and margin expansion. Options positioning is net-bullish (put/call ratios < 1) and hedge funds are accumulating, which supports a near-term floor. Key risk is near-term momentum weakening (bearish MACD) plus elevated insider selling and a high-valuation narrative (Hedgeye downside call). Upcoming QDEC 2025 earnings on 2026-02-04 is the next major catalyst.
**Intellectia Proprietary Trading Signals**
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock today.
Technical Analysis
Trend is still structurally bullish (SMA_5 > SMA_20 > SMA_200), implying the primary trend remains up. However, near-term momentum has turned down: MACD histogram is negative (-0.454) and expanding bearishly, suggesting selling pressure is building. RSI(6) ~43.9 is neutral-to-soft (not oversold), meaning downside can continue before a bounce is forced.
Key levels: Current ~71.7 is sitting on first support S1 ~72.253; a clean break raises risk to S2 ~68.897. Overhead, the pivot/resistance zone is ~77.685, then R1 ~83.117. From a “buy now” perspective, you’re closer to support than resistance, which improves entry asymmetry versus buying near 78–83.
