Insider buying last 90 days
No open-market insider purchases were filed for FORM in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every FORM insider filing, plotted on the chart in Gekko.Open FORM in Gekko
NASDAQ: FORM
FormFactor (FORM) Stock Analysis & Forecast
Sep 28 close
$130.97+1.28 (+1.0%)
Gekko Brief
AI summaryFormFactor shares climbed through the week, extending a six-day winning streak and rising 29% on strong demand for HBM probe cards tied to HBM4 mass production. The move built on record Q2 results reported 29 July, when revenue, gross profit and EPS all hit all-time highs, with HBM comprising roughly two-thirds of DRAM revenue and Taiwan revenue growing more than 30% sequentially. Cantor Fitzgerald reiterated an Overweight rating with a $175.00 price target, and shares crossed above the 200-day moving average, closing at $129.04 with a "Moderate Buy" consensus rating from analysts.
FORM closed at $130.97, up 1%, sitting above both the 50-day average of $112.52 and the 200-day average of $106.77. The stock's one-month return stands at 18.8%, though the three-month return is -9.2%. The GekkoIndex reads 47.5, placing it in the Neutral zone, down 6 points over five days. Price sits 15.9% above Gekko Fair Value of $113.02.
FormFactor's next earnings report is scheduled for 4 November 2026, after the close, 36 days away and outside a typical 20-trading-day holding window. No insider, Congress or unusual options activity appears in the current window. Seasonality has been a headwind at this point in the calendar, with the next 20 trading days averaging -2.2% over 5 years and rising in only 1 of them. Analyst consensus among 6 firms shows 4 buy and 2 hold ratings, with a consensus target of $138.62, implying 5.8% upside from current levels.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
FormFactor price vs fair value
Close $130.97200-day averageGekko Fair Value $113.02
FormFactor quick facts
- Market cap
- $10.21B
- P/E ratio
- 89.4
- Forward P/E
- 36.6
- EPS, TTM
- $1.45
- Revenue, TTM
- $902.2M
- Profit margin
- 12.8%
- Dividend yield
- —
- Beta
- 1.24
- Volume
- 1.33M avg 1.15M
- 1-year return
- +267.9%
- Typical daily move
- ±5.3%
- Typical 20-day move
- ±8.8%
- 50-day average
- $112.52
- 200-day average
- $106.77
- Next earnings
- Nov 4 after close
- Shares outstanding
- 78.12M
FormFactor swing-trade checklist
FormFactor scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
2 supportive1 mixed2 headwinds
- Trendsupportive
Above 50 and 200-day
Close $130.97 is above the 50-day ($112.52) and 200-day ($106.77) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexmixed
47.5, Neutral
Reading 47.5 is in the Neutral zone.
See the GekkoIndex - Fair valueheadwind
15.9% above
Price is 15.9% above Gekko Fair Value (more than 5% above).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 36 days
Next report Nov 4, 2026, 36 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalityheadwind
−2.2% on average
From this point in the calendar, the next 20 trading days averaged −2.2% over 5 years, rising in 1 of them.
See seasonality
A description of current data, not a recommendation. How this page works
FormFactor stock chart and price history
FormFactor closed at $130.97 on Sep 28, 2026, +267.9% over the past year, inside a 52-week range of $34.99 to $160.27.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +18.8%
- 3 months
- −9.2%
- 6 months
- +33.7%
- 1 year
- +267.9%
The full FORM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open FORM in Gekko
Follow FormFactor through every session
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About FormFactor
FormFactor makes testing equipment used in chip production, selling to semiconductor manufacturers and research institutions worldwide. Its work centers on verifying that integrated circuits function correctly, covering products such as system-on-chip designs, mobile processors, microcontrollers, graphics chips, and memory types including DRAM and NAND/NOR flash. The company also supports testing for radio frequency, analog, mixed-signal, image sensor, and electro-optical components.
The business runs through two segments, Probe Cards and Systems. The Probe Cards side supplies the components used to check chip functionality, while Systems covers a broader range of tools, including analytical probes for device characterization and failure analysis, probing systems for design engineers, surface metrology tools for manufacturing and quality checks, thermal chucks for probe stations, and cryogenic instruments. Customers include universities, research facilities, integrated device manufacturers, foundries, and fabless semiconductor firms. Alongside its hardware, FormFactor provides maintenance, training, and support services, and reaches customers through direct sales, manufacturers' representatives, and distributors across the United States, Taiwan, South Korea, China, Japan, Europe, and other regions.
FormFactor was established in Livermore, California in 1993. Its shares are listed on the NASDAQ under the ticker FORM.
- Listed
- NASDAQ
- Sector
- Electronic technology
- Industry
- Semiconductors
- Website
- formfactor.com
FormFactor GekkoIndex: the smart money zone
FormFactor’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 47.5, in the Neutral zone, down 6 points over five sessions.
47.5Neutral
Down 6 points over five sessions.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 33 | +6.1% | +5.6% | ||
| Accumulation | 176 | +0.4% | +4.4% | ||
| Neutral (current zone) | 404 | +1.4% | +4.5% | ||
| Distribution | 53 | +1.1% | +5.5% | ||
| Selling | 6 | Too few readings yet | |||
Average FORM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the FORM price, zone by zone.Track FORM in Gekko
Is FormFactor stock overvalued? Gekko Fair Value
FormFactor trades 15.9% above Gekko Fair Value of $113.02, so the shares are overvalued on Gekko’s estimate.
Gekko’s own estimate of what FormFactor shares are worth, recalculated every trading day.
$113.02
Gekko Fair Value, Sep 29, 2026
15.9% Overvalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open FORM in Gekko
FormFactor insider and Congress trading
No open-market insider purchases were filed for FormFactor, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in FORM were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for FORM, plotted on the chart in Gekko.Open FORM in Gekko
Buybacks
FormFactor has been buying back its own shares.
- Bought back, quarter ended Jun 27, 2026
- $9.24M
- As a share of market cap
- 0.09%
From company filings.
Hedge funds and billionaires quarter ended Jun 30
0of the funds Gekko tracks hold FORM.
0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko
FormFactor earnings: next date and track record
FormFactor reports on Nov 4, 2026, after the close (36 days away), and beat the EPS estimate in 6 of its last 8 reports.
Next earnings report
Nov 4, 2026
Expected after the close, 36 days away
- EPS estimate
- $0.86
- Revenue estimate
- $270.4M
6 of 8reports beat the EPS estimate
±14.2%average move across the report
5 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 29, 2026 AI summary
- What they said
- FormFactor reported all-time record Q2 revenue, gross profit, and EPS, surpassing $1 billion annual revenue run rate and exceeding 50% gross margin. Revenue grew over 30% in the past four quarters, non-GAAP gross margin expanded 150bps, and non-GAAP EPS tripled. HBM probe cards drove DRAM strength, with HBM comprising ~2/3 of DRAM revenue. Taiwan revenue grew 30%+ sequentially, with TSMC remaining a 10%+ customer.
- Guidance
- Q3 2026 expected to deliver sequential increases in both revenue and profitability. Farmers Branch facility on track for Q4 2026 launch, ramping through 2027 to provide lower-cost capacity and accelerate revenue growth and operating leverage.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 29, 2026 | $0.74 est $0.51 | $258.2M est $240.0M | +19.4% |
| Apr 29, 2026 | $0.56 est $0.32 | $226.1M est $225.5M | +1.3% |
| Feb 4, 2026 | $0.46 est $0.35 | $215.2M est $210.6M | +12.3% |
| Oct 29, 2025 | $0.33 est $0.25 | $202.7M est $210.3M | +39.7% |
| Jul 30, 2025 | $0.27 est $0.30 | $195.8M est $199.4M | −18.1% |
| Apr 30, 2025 | $0.23 est $0.19 | $171.4M est $170.0M | +3.8% |
| Feb 5, 2025 | $0.27 est $0.29 | $189.5M est $190.1M | −3.2% |
| Oct 30, 2024 | $0.35 est $0.31 | $207.9M est $195.1M | −15.9% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
FormFactor stock forecast and analyst price targets
Analysts’ average 12-month price target for FormFactor is $138.62, +5.8% from the last close, from 6 firms rating the stock in the last 90 days.
$138.62consensus 12-month target, +5.8% from the last close
Now $130.97Avg $138.62
Low $100High $175
Each firm’s latest rating in the last 90 days: 6 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Jul 30 | TD Cowen | $100 | −23.6% |
| Jul 30 | Craig-Hallum | $175 | +33.6% |
| Jul 30 | B. Riley Securities | $165 | +26.0% |
| Jul 30 | Evercore ISI | $150 | +14.5% |
| Jul 30 | Needham | — | — |
+4.5%average 20-day move after past Neutral readings
−2.2%average move over the next 20 trading days in the last 5 years
±5.3%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
FormFactor seasonality: the next 20 trading days
Over the next 20 trading days from Sep 29, FormFactor averaged −2.2% across the last 5 years, rising in 1 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +4.4% | 3 of 5 |
| Next 10 trading days | +1.4% | 3 of 5 |
| Next 15 trading days | +1.3% | 2 of 5 |
| Next 20 trading days | −2.2% | 1 of 5 |
| Next 30 trading days | +8.6% | 3 of 5 |
For scale, FORM’s typical 20-trading-day move in either direction is about 8.8%.
FormFactor market cap and key statistics
FormFactor’s market cap is $10.21B, with a P/E ratio of 89.4 and revenue of $902.2M over the last twelve months.
Valuation
- Market cap
- $10.21B
- P/E ratio
- 89.4
- Forward P/E
- 36.6
- EPS, TTM
- $1.45
- Gekko Fair Value
- $113.02
Trading
- Volume
- 1.33M
- Avg volume, 20 days
- 1.15M
- 52-week high
- $160.27
- 52-week low
- $34.99
- Shares outstanding
- 78.12M
Financials
- Revenue, TTM
- $902.2M
- Profit margin
- 12.8%
- Return on equity
- 11%
- Quarterly earnings growth, YoY
- +503.0%
Risk and income
- Beta
- 1.24
- Typical daily move
- ±5.3%
- Typical 20-day move
- ±8.8%
FormFactor stock news this week
Coverage of FormFactor this week reads positive: 6 positive, 2 neutral and 0 negative headlines.
- FormFactor Surpasses Wall Street Price Targets, Bets on Further Upside from HBM Testing DominanceBigGo Finance, Sep 26
- FormFactor (NASDAQ:FORM) Shares Cross Above Two Hundred Day Moving Average - Here's What HappenedMarketBeat, Sep 25
- FormFactor Stock Climbs 29% On A 6-Day Winning StreakTrefis, Sep 24
- FormFactor (FORM) Slips Onto Trader Radar After CEO Share SaleStocksToTrade, Sep 23
- Cantor Fitzgerald reiterates FormFactor stock rating on demand outlookInvesting.com, Sep 23
- FormFactor stock gains 5.62 percent as earnings growth acceleratesAD HOC NEWS, Sep 23
FormFactor peers
FormFactor’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| NVDANVIDIA | Neutral | 13.2% below |
| AVGOBroadcom | Accumulation | 2.3% below |
| MUMicron Technology | Neutral | 4.7% above |
| AMDAdvanced Micro Devices | Neutral | 19.9% above |
| INTCIntel | Neutral | 19.1% above |
| TXNTexas Instruments | Neutral | 7.4% above |
A peer links to its own page where one exists.
FormFactor stock FAQ
What is FormFactor’s market cap?
FormFactor’s market cap is $10.21B at the Sep 28, 2026 close of $130.97, with 78.12M shares outstanding. The shares trade on a P/E ratio of 89.4.
What is the FormFactor stock forecast?
The consensus analyst 12-month price target for FormFactor is $138.62, +5.8% from the last close. Of the 6 firms that rated the stock in the last 90 days, 4 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is FormFactor stock overvalued or undervalued?
On Gekko’s estimate FormFactor is overvalued: the Sep 28, 2026 close of $130.97 is 15.9% above Gekko Fair Value of $113.02. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does FormFactor report earnings next?
FormFactor is expected to report on Nov 4, 2026, after the market closes (36 days away). Analysts expect earnings of $0.86 per share on revenue of $270.4M. FormFactor beat the earnings estimate in 6 of its last 8 reports, moving 14.2% on average across the report.
What is FormFactor’s 52-week high and low?
FormFactor’s 52-week high is $160.27 and its 52-week low is $34.99; it closed at $130.97 on Sep 28, 2026, +267.9% over the past year.
Is FormFactor stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (trend and earnings risk), 1 as mixed (gekkoindex) and 2 as headwinds (fair value and seasonality). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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