FormFactor (NASDAQ:FORM) Shares Down 7.5% – Should You Sell?

04 Jul 2026, 10:02 by Tristan Rich · The Markets Daily

FormFactor, Inc. (NASDAQ:FORM – Get Free Report)’s stock price traded down 7.5% on Thursday . The stock traded as low as $138.74 and last traded at $136.0930. Approximately 191,541 shares changed hands during trading, a decline of 89% from the average session volume of 1,734,749 shares. The stock had previously closed at $147.13.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on FORM shares. B. Riley Financial raised FormFactor from a “neutral” rating to a “buy” rating and set a $165.00 target price for the company in a research note on Thursday, June 11th. Craig Hallum raised shares of FormFactor from a “hold” rating to a “buy” rating and set a $175.00 price target on the stock in a research note on Tuesday, May 12th. Stifel Nicolaus set a $135.00 price target on shares of FormFactor in a report on Thursday, April 30th. Weiss Ratings raised shares of FormFactor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Finally, Northland Securities set a $118.00 price objective on shares of FormFactor in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $132.45.

Get Our Latest Report on FORM

FormFactor Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 4.55 and a quick ratio of 3.69. The company has a market capitalization of $9.64 billion, a price-to-earnings ratio of 142.06 and a beta of 1.22. The firm has a 50-day moving average price of $135.34 and a two-hundred day moving average price of $104.54.

FormFactor (NASDAQ:FORM – Get Free Report) last announced its earnings results on Wednesday, April 29th. The semiconductor company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.11. The business had revenue of $226.14 million for the quarter, compared to analyst estimates of $225.54 million. FormFactor had a return on equity of 9.31% and a net margin of 8.14%.FormFactor’s revenue for the quarter was up 31.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.23 EPS. FormFactor has set its Q2 2026 guidance at 0.570-0.650 EPS. As a group, sell-side analysts anticipate that FormFactor, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Rebeca Obregon-Jimenez sold 3,828 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $126.47, for a total value of $484,127.16. Following the sale, the director owned 7,875 shares of the company’s stock, valued at $995,951.25. The trade was a 32.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Mike Slessor sold 11,890 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $121.35, for a total transaction of $1,442,851.50. Following the completion of the transaction, the chief executive officer directly owned 435,147 shares of the company’s stock, valued at approximately $52,805,088.45. This trade represents a 2.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 49,828 shares of company stock valued at $6,306,587 over the last ninety days. Insiders own 0.79% of the company’s stock.

Hedge Funds Weigh In On FormFactor

A number of large investors have recently modified their holdings of FORM. Mercer Global Advisors Inc. ADV increased its position in shares of FormFactor by 2.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,509 shares of the semiconductor company’s stock valued at $419,000 after acquiring an additional 157 shares during the last quarter. Blue Trust Inc. raised its holdings in FormFactor by 1.9% during the first quarter. Blue Trust Inc. now owns 10,542 shares of the semiconductor company’s stock worth $1,022,000 after acquiring an additional 196 shares in the last quarter. UMB Bank n.a. boosted its position in FormFactor by 128.9% during the fourth quarter. UMB Bank n.a. now owns 499 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 281 shares during the last quarter. Maryland State Retirement & Pension System boosted its position in FormFactor by 2.7% during the fourth quarter. Maryland State Retirement & Pension System now owns 11,385 shares of the semiconductor company’s stock valued at $635,000 after purchasing an additional 299 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in FormFactor by 2.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 16,073 shares of the semiconductor company’s stock valued at $897,000 after purchasing an additional 370 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

About FormFactor

(Get Free Report)

FormFactor, Inc (NASDAQ:FORM) is a leading provider of advanced test and measurement solutions for the semiconductor industry. The company specializes in the design, development and manufacture of high-performance wafer-level and package-level test interfaces used in wafer sort, characterization, reliability and failure analysis applications. By leveraging precision microelectromechanical systems (MEMS) and photolithographic processes, FormFactor delivers probe cards, analytical probes and test sockets that enable device makers to validate next-generation integrated circuits across logic, memory, RF, analog and power applications.