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FORMFACTOR INC

FORMNASDAQ
πŸ† #756 by market capEarnings Oct 27US Equity
$121.07β–² $9.26 (+7.65%)
Live
1hβ€”
24hβ–² 7.7%
7dβ–² 5.7%
14dβ–² 45.3%
30dβ–² 9.9%
1yβ–² 305.7%
🏦Market Cap
$9.44B
Small Cap
πŸ“ˆRevenue Growth (YoY)
+18.0%
Healthy
πŸ“ŠGross Margin
45.5%
Healthy
πŸ’΅FCF Margin
15.1%
Healthy
βš–οΈP/S Ratio
9.9x
Elevated
Otter Score
47
Weak

Trading Snapshot

Day Range
$119.31 – $123.24
52-Week Range
$27.00 – $160.27
Volume
$2.00B
Avg Volume
$2.24B
Shares Outstanding
78.0M
Next Earnings
Oct 13, 2026

Fundamentals Snapshot

Annual Revenue
$785M
Last Q Revenue
$258M
P/E Ratio
77.1
P/S Ratio
9.9x
EPS (TTM)
$1.45
Dividend Yield
β€”

Why Investors Own FORM

  • βœ“High-growth profile β€” revenue up +29.7% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 79% gross margin and 14% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)
$785Mβ–² +23.9% YoY
Gross Margin (TTM)
78.7%β–² +0.8% YoY
Operating Income (TTM)
$122Mβ–² +23.9% YoY
Free Cash Flow (TTM)
$109Mβ–² +23.9% YoY

About FORMFACTOR INC

FormFactor, Inc., established in Livermore, California in 1993, specializes in the design, manufacturing, and global distribution of advanced test and measurement solutions for the semiconductor industry. The company primarily caters to semiconductor manufacturers and research institutions, operating through two main divisions: Probe Cards and Systems. Within the Probe Cards segment, FormFactor supplies crucial components designed to verify the functionality of a wide array of integrated circuits. These include complex system-on-chip (SoC) products, processors for mobile applications, microcontrollers, graphics processors, and various memory devices such as dynamic random-access memory (DRAM) and NAND/NOR flash. Additionally, their probe cards support the testing of radio frequency (RF), analog, mixed-signal, image sensor, and electro-optical devices. The Systems division encompasses several specialized product lines. For instance, analytical probes are instrumental in applications such as device characterization, developing electrical simulation models, conducting failure analysis, and debugging prototype designs. These probes serve a diverse clientele including universities, research facilities, integrated device manufacturers (IDMs), semiconductor foundries, and fabless semiconductor companies. Furthermore, FormFactor provides probing systems that enable semiconductor design engineers to accurately capture and analyze critical data. They also offer surface metrology systems vital for product development, manufacturing, and quality assurance in semiconductor production. The company's thermal subsystems, such as thermal chucks, are incorporated into probe stations and other testing environments. Completing their portfolio are precision cryogenic instruments and associated test and measurement systems for semiconductors. Beyond hardware, FormFactor delivers comprehensive support services, including on-site maintenance for probe cards, specialized training programs, educational seminars, and telephone assistance. The company leverages a multi-channel sales strategy, utilizing a direct sales force, manufacturers' representatives, and independent distributors to market its offerings across major global markets. Its operational footprint spans the United States, Taiwan, South Korea, China, Japan, Europe, the broader Asia-Pacific region, and various other international territories.

🦦

Otter Score Breakdown

β“˜
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
Overall Score
Weak
47/100

Analyst Price Target

β“˜
Average Target
$155.81
β–² +28.7% Upside
High Target$185.82
Low Target$138.53
Based on 31 analysts

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