FormFactor Inc

FormFactor Inc Stock Forecast & Price Prediction

Live FormFactor Inc Stock (FORM) Price
$46.34

8

Ratings

  • Buy 7
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$46.34

P/E Ratio

30.09

Volume Traded Today

$576,200

Dividend

Dividends not available for FORM

52 Week High/low

63.63/31.51

FormFactor Inc Market Cap

$3.59B

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FORM Summary

Based on ratings from 8 stock analysts, the FormFactor Inc stock price is expected to increase by 29.72% in 12 months. This is calculated by using the average 12-month stock price forecast for FormFactor Inc. The lowest target is $47 and the highest is $74. Please note analyst price targets are not guaranteed and could be missed completely.

FORM Analyst Ratings

FORM is a stock in Technology which has been forecasted to be worth $60.11 as an average. On the higher end, the forecast price is $74 USD by Craig Ellis from B. Riley Securities and on the lower end FORM is forecasted to be $47 by Brian Chin from Stifel.

FORM stock forecast by analyst

These are the latest 20 analyst ratings of FORM.

Analyst/Firm

Rating

Price Target

Change

Date

Hans Chung
DA Davidson

Buy

$62

Maintains

Aug 1, 2024
Krish Sankar
TD Cowen

Hold

$60

Maintains

Aug 1, 2024
Charles Shi
Needham

Buy

$70

Reiterates

Aug 1, 2024
Brian Chin
Stifel

Hold

$55

Maintains

Jul 16, 2024
Craig Ellis
B. Riley Securities

Buy

$74

Maintains

Jun 20, 2024
Craig Ellis
B. Riley Securities

Buy

$65

Maintains

May 17, 2024
Charles Shi
Needham

Buy

$53

Maintains

May 2, 2024
Atif Malik
Citigroup

Neutral

$46

Maintains

May 2, 2024
Christian Schwab
Craig-Hallum

Buy

$60

Maintains

May 2, 2024
Craig Ellis
B. Riley Securities

Buy

$54

Maintains

May 2, 2024
Krish Sankar
TD Cowen

Hold

$48

Maintains

May 2, 2024
Brian Chin
Stifel

Hold

$42

Maintains

Apr 30, 2024
Vedvati Shrotre
Evercore ISI Group

In-Line

$50

Initiates

Apr 16, 2024
Charles Shi
Needham

Buy

$46

Reiterates

Feb 8, 2024
Charles Shi
Needham

Buy

$42

Maintains

Sep 19, 2023
Charles Shi
Needham

Buy

$40

Reiterates

Aug 3, 2023
Christian Schwab
Craig-Hallum

Buy

$50

Maintains

Aug 3, 2023
Hans Chung
DA Davidson

Buy

$42

Maintains

Aug 3, 2023
Brian Chin
Stifel

Hold

$35

Maintains

Aug 2, 2023
Gus Richard
Northland Capital Markets

Market Perform

$32

Downgrade

Jul 17, 2023

FORM Company Information

What They Do: Designs and sells semiconductor testing equipment.

Business Model: The company generates revenue through the design, manufacture, and sale of a variety of products including probe cards, analytical probes, and metrology systems, primarily targeting semiconductor companies and scientific institutions. Its dual-segment model, comprising Probe Cards and Systems, allows it to cater to a wide array of semiconductor testing needs, enhancing its market reach and revenue potential.

Other Information: FormFactor's diverse product offerings include solutions for device characterization, quality control, and failure analysis, and it supports its customers with maintenance and training services. The company has a global presence, marketing its products through direct sales, representatives, and distributors in key regions like the United States, Asia, and Europe. Established in 1993 and based in Livermore, California, FormFactor is well-positioned in the semiconductor industry.
FORM
FormFactor Inc (FORM)

When did it IPO

2003

Staff Count

2,115

Country

United States

Sector/Industry

Technology/Semiconductor Equipment & Materials

CEO

Dr. Michael D. Slessor

Market Cap

$3.59B

FormFactor Inc (FORM) Financial Data

In 2023, FORM generated $663.1M in revenue, which was a decrease of -11.34% from the previous year. This can be seen as a signal that FORM's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$693.6M

Revenue From 2021

$769.7M

10.97 %
From Previous Year

Revenue From 2022

$747.9M

-2.82 %
From Previous Year

Revenue From 2023

$663.1M

-11.34 %
From Previous Year
  • Revenue TTM $705.9M
  • Operating Margin TTM 8.8%
  • Gross profit TTM $258.6M
  • Return on assets TTM 1.8%
  • Return on equity TTM 13.6%
  • Profit Margin 17.2%
  • Book Value Per Share 12.27%
  • Market capitalisation $3.59B
  • Revenue for 2021 $769.7M
  • Revenue for 2022 $747.9M
  • Revenue for 2023 $663.1M
  • EPS this year (TTM) $1.54

FormFactor Inc (FORM) Latest News

News Image

Thu, 29 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - FormFactor, Inc. (Nasdaq: FORM) will participate in upcoming investor conferences, as announced on August 29, 2024.

Why It Matters - FormFactor's participation in investor conferences may boost visibility and investor interest, potentially impacting stock performance and market perception.

News Image

Fri, 30 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - FormFactor (FORM) reported earnings 30 days ago; investors should monitor upcoming developments and market reactions for insights on the stock's future performance.

Why It Matters - Recent earnings reports can signal a company's financial health and future growth potential, influencing stock price movements and investor sentiment.

News Image

Thu, 15 Aug 2024

Sentiment - NEUTRAL

Source - InvestorPlace

Summary - The quantum computing market is projected to grow at an annual rate of 34.8% until 2032, driven by advancements in technology and quantum artificial intelligence.

Why It Matters - Rapid growth in the quantum computing market signals significant investment opportunities. A projected 34.8% annual increase until 2032 highlights potential returns and industry relevance.

News Image

Wed, 07 Aug 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - FormFactor (FORM) is in oversold territory, suggesting potential for a trend reversal. Analysts are raising earnings estimates, indicating positive sentiment.

Why It Matters - FormFactor's stock may rebound as it enters oversold territory, coupled with analysts raising earnings estimates, signaling potential upside and renewed investor interest.

News Image

Mon, 05 Aug 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - The information technology sector has identified several oversold stocks, indicating potential buying opportunities for undervalued companies.

Why It Matters - Oversold stocks in tech indicate potential for price recovery, suggesting undervalued companies may deliver strong returns, attracting investors seeking growth opportunities.

News Image

Tue, 06 Aug 2024

Sentiment - POSITIVE

Source - InvestorPlace

Summary - Investors in quantum computing stocks, particularly those focused on AI and quantum technology, have seen significant profits in recent years.

Why It Matters - The excerpt suggests that early investments in quantum computing and AI stocks could have yielded significant returns, highlighting the potential for high-growth opportunities in emerging tech sectors.

...

FORM Frequently asked questions

The highest forecasted price for FORM is $74 from Craig Ellis at B. Riley Securities.

The lowest forecasted price for FORM is $47 from Brian Chin from Stifel

The FORM analyst ratings consensus are 7 buy ratings, 1 hold ratings, and 0 sell ratings.