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FORM logo

FormFactor, Inc. Stock Price

NasdaqGS:FORM Community·US$9.0b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 40 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

FORM Share Price Performance

US$114.95
84.23 (274.19%)
​
US$138.63
Fair Value
US$114.95
84.23 (274.19%)
17.1% undervalued intrinsic discount
US$138.63
Fair Value
Price US$114.95
AnalystConsensusTarget US$138.63
AnalystLowTarget US$64.00
AnalystHighTarget US$175.00
Fri, 31 Jul 26
Fair ValueUS$138.63
Share Pricen/a

FORM Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$138.63 17.1% undervalued intrinsic discount

Artificial Intelligence Demand Will Outweigh Smartphone And PC Market Weakness

0users have liked this narrative
0users have commented on this narrative
14users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget's
Fair Value
·
Fair Value US$64 79.6% overvalued intrinsic discount

Adverse Mix And Tariffs Will Erode Semiconductor Margins

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value US$175 34.3% undervalued intrinsic discount

AI And Digital Transformation Will Fuel Advanced Chip Testing Expansion

0users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
FORM logo
FormFactor
17.1% undervalued intrinsic discount

Artificial Intelligence Demand Will Outweigh Smartphone And PC Market Weakness

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 31 Jul
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FORM logo
FormFactor
79.6% overvalued intrinsic discount

Adverse Mix And Tariffs Will Erode Semiconductor Margins

View narrative
AN
AnalystLowTarget
AnalystLowTarget
Updated 15 Aug
Read Narrative
FORM logo
FormFactor
34.3% undervalued intrinsic discount

AI And Digital Transformation Will Fuel Advanced Chip Testing Expansion

View narrative
AN
AnalystHighTarget
AnalystHighTarget
Updated 18 Jun
Read Narrative

Trending Discussion

No trending discussion available.

Recently Updated Narratives

AN
AnalystLowTarget
FORM logo

FORM: Strong Q2 And AI Tailwinds Will Likely Face Visibility Headwinds

Fair Value: US$64 79.6% overvalued intrinsic discount
0 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystConsensusTarget
FORM logo

FORM: AI Demand And Record Margins Will Drive Future Return Potential

Fair Value: US$138.63 17.1% undervalued intrinsic discount
14 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystHighTarget
FORM logo

FORM: AI Compute Intensity Tailwinds Will Support Margins And Earnings Multiple

Fair Value: US$175 34.3% undervalued intrinsic discount
3 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Flawless balance sheet with reasonable growth potential.

3 Risks
3 Rewards
View Full Analysis

FormFactor, Inc. Key Details

US$902.2m

Revenue

US$485.6m

Cost of Revenue

US$416.7m

Gross Profit

US$301.2m

Other Expenses

US$115.5m

Earnings

Last Reported Earnings
Jun 27, 2026
Next Reporting Earnings
n/a
1.48
46.18%
12.80%
1.0%
View Full Analysis

About FORM

Founded
1993
Employees
2153
CEO
Michael Slessor
WebsiteView website
www.formfactor.com

FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally. The company operates in two segments: Probe Cards and Systems segments. The company provides probe cards to test various semiconductor device types, including systems- on-chip products, such as graphics, central, digital processing units, and other custom application-specific processing units; mobile application processors, microprocessors, and microcontrollers; network devices, which include switches and network processing units; dynamic random-access memory; radio-frequency amplifiers and filters; antenna-in-package devices; analog and mixed-signal integrated circuits; image sensors; co-packaged optical integrated circuits; NAND flash memory; NOR flash memory; and quantum computer processor devices. It also offers analytical probes, which are used for device characterization, electrical simulation model development, failure analysis, and prototype design debugging; probe stations, a critical tool for the development of new generations of semiconductor and electro-optical processes and designs; and thermal subsystems, which include thermal chucks and other test systems used in probe stations and other applications for precise temperature management. In addition, the company provides cryogenic systems, which includes the manufacture of precision cryogenic instruments and semiconductor test and measurement systems; and services and support, including installation services. Further, it offers on-site probe card maintenance and service training, seminars, and telephone support services. It markets and sells its products through direct sales force, manufacturers’ representatives, and distributors. The company was incorporated in 1993 and is headquartered in Livermore, California.

Recent FORM News & Updates

User avatar
Narrative Update • Aug 15

FORM: Strong Q2 And AI Tailwinds Will Likely Face Visibility Headwinds

The analyst price target for FormFactor has been cut by $13.62 to $64.00, as analysts factor in recently lowered Street targets alongside mixed views that balance solid execution and AI related tailwinds with more cautious commentary on near term visibility. Analyst Commentary Recent Street research on FormFactor shows a split view.

Recent updates

No updates

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