FormFactor stock
FORMNASDAQFormFactor, Inc., TechnologyISIN US3463751087
66Score 66 out of 100, Neutral
Price and trend
41 / 100
Price history
+79% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 19% below it.
Since November 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 47).
The price is 42% below its 52-week high. Largest decline in 20 years: 92% (March 2007 to November 2012).
Chart figures for advanced users
- SMA 50$113.02
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$114.52
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)47
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$48.68
- The lowest closing price of the last twelve months.
- Resistance$159.93
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- FormFactor, Inc. belongs to the Semiconductors industry (United States) and, with a market value of $7.24B, is number 107 of 184 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $784.99M (up 2.8% year on year) and earnings of $54.36M (down 21.9%).
- For fiscal 2026, analysts expect on average revenue of $1.05B (up 33.8%) and adjusted earnings per share of $3.38 (up 161.8%).
Show more
- MEQIRI Score 66 out of 100 (Neutral): rank 321 of 854 in Technology, median 61.
- The P/E is 42.2 (Semiconductors median 40.2, own median of recent years 42.2).
- Our model puts fair value at $92.59, with the price 0% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- More cash than debtCash $395.41M, financial debt $27.76M.Stability 77
- Analysts expect strong earnings growthUp 28.2% a year through 2028 (estimates from 7 analysts).Growth 67
- High marginNet margin 17.7% over the last 12 months, Semiconductors median 6.6%.Profitability 77
Weaknesses
- Volatile share priceVolatility 88% a year over the last 12 months.
- Margin fallingOperating margin 8.2%, average of the prior years 12.1% (to 2024).
Its standout strengths are fundamentals and profitability, while valuation and technical analysis hold the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 65 to 66.
Fundamentals are strong, with stable profits and strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- high price swings
- price far below its 52-week high
- price up very strongly over the past year
What lowers it
- solid fundamentals
Valuation
Valuation signal
Fairly valuedIn our model the price counts as cheap below $61.73 and expensive above $185.18 (uncertainty very high, based on the price swings of the past year).
The two parts of the fair value come to $97.39 (cash-flow model) and $87.79 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 11.8%. At 12.8% the fair value would be $86.20, at 10.8% it would be $100.89.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (40.2).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 26 Sep 2026, revenue rose 29.1% on the twelve months before. Revenue has grown solidly since 2006, at about 4% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 39%, operating 8%, net 7%. Last 12 months: net 18%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 3 Feb 2027in 82 days
- Last reported
- 28 Oct 2026EPS reported $1.04 (expected $0.86)above expectations
Analyst estimates
Analysts have raised their 2027 earnings estimate by 14.4% since 15 Oct 2026.
- Earnings per share
- $3.38+10.8%
- Revenue
- $1.05B+1.7%
- Earnings per share
- $4.36+14.4%
- Revenue
- $1.31B+8.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −8.8%FormFactor raised its baseline gross margin outlook to 53% (previously 51 to 51.5%) and expects Q4 revenue of about $285 million and non-GAAP EPS of $0.95, both continuing an upward trend; it also raised its 2026 TRITON revenue expectation to over $30 million from the prior $10 to $20 million.
“We started the year expecting between $10 million and $20 million of TRITON revenue and now expect upwards of $30 million in 2026.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 28 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 5 insiders sold, $9.94M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Slessor MikeSale
14 Oct 2026, CEO
- Shares
- 11,098
- Price
- $125.20
- Value
- $1.39M
- Slessor MikeSale
16 Sept 2026, CEO
- Shares
- 17,510
- Price
- $104.73
- Value
- $1.83M
- Steven-Waiss KelleySale
3 Sept 2026, Board
- Shares
- 2,100
- Price
- $96.10
- Value
- $201,810
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- Slessor MikeSale
14 Aug 2026, CEO
- Shares
- 16,002
- Price
- $130.95
- Value
- $2.1M
- Slessor MikeSale
15 Jul 2026, CEO
- Shares
- 4,735
- Price
- $118.31
- Value
- $560,195
- St Dennis ThomasSale
15 Jun 2026, Board
- Shares
- 2,800
- Price
- $151.49
- Value
- $424,172
- Slessor MikeSale
10 Jun 2026, CEO
- Shares
- 11,890
- Price
- $121.35
- Value
- $1.44M
- Rhodes SheriSale
2 Jun 2026, Board
- Shares
- 6,328
- Price
- $125.40
- Value
- $793,531
- White Brian CSale
20 May 2026, Board
- Shares
- 3,250
- Price
- $126.00
- Value
- $409,500
- St Dennis ThomasSale
19 May 2026, Board
- Shares
- 1,000
- Price
- $115.84
- Value
- $115,840
- Steven-Waiss KelleySale
15 May 2026, Board
- Shares
- 5,400
- Price
- $125.60
- Value
- $678,241
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at FormFactor
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
854 rated companies in Technology
- This company
- 66
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Semiconductors
The next larger and next smaller companies by market value
- Tianshui Huatian Technology002185.SZ $7.77B47
- Vanguard International Semiconductor5347.TWO $7.58B59
- Silicon LaboratoriesSLAB $7.41B45
- Anji Microelectronics Technology (Shanghai)688019.SS $7.36B76
- ROHM6963.T $7.1B39
- Sanan Optoelectronics600703.SS $7B31
- Henan Shijia Photons Technology688313.SS $6.98B61
- Zhejiang Jingsheng Mechanical & Electrical300316.SZ $6.8B44
ETFs that hold FormFactor
Held by 12 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| WisdomTree Quantum Computing UCITS ETF USD AccWQTM | 1.25% | 0.50% | €257.17M |
| Amundi Global Memory Chips UCITS ETF AccDRUP | 0.42% | 0.45% | €479.01M |
| State Street SPDR S&P 400 U.S. Mid Cap UCITS ETF (Acc)SPY4 | 0.17% | 0.30% | €5.36B |
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| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.08% | 0.43% | €2.5B |
| State Street SPDR MSCI World Small Cap UCITS ETF (Acc)ZPRS | 0.07% | 0.45% | €1.54B |
| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.05% | 0.10% | €395.74M |
| State Street SPDR MSCI USA Small Cap Value Weighted UCITS ETFZPRV | 0.02% | 0.30% | €964.08M |
| UBS MSCI USA Select Factor Mix UCITS ETF USD accUSUE | 0.02% | 0.25% | €178.55M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 27 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 17 Oct 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.