FORM Builds AI Testing Capacity Through Keystone Pact: What's Ahead?
FormFactor's Keystone Microtech pact expands Taiwan support and testing capacity for AI, HBM, advanced packaging and high-speed chips.
Zacks Investment Research7/29/2026Positive
FORM
FormFactor IncNASDAQTECHNOLOGYSEMICONDUCTOR EQUIPMENT & MATERIALS
Key Statistics
Market Cap
$6.88B
P/E Ratio
114.58
EPS
$0.77
Beta
1.22
52W High
$160.27
52W Low
$26.08
50-Day MA
$124.99
200-Day MA
$92.99
Dividend Yield
—
Profit Margin
8.14%
Forward P/E
41.49
PEG Ratio
1.39
About FormFactor Inc
FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions. The company is headquartered in Livermore, California.
Fundamentals
| Revenue (TTM) | $839.78M |
| Gross Profit (TTM) | $354.39M |
| EBITDA | $137.39M |
| Operating Margin | 17.70% |
| Return on Equity | 6.75% |
| Return on Assets | 5.15% |
| Revenue/Share (TTM) | $10.84 |
| Book Value | $13.58 |
| Price-to-Book | 7.27 |
| Price-to-Sales (TTM) | 8.19 |
| EV/Revenue | 8.85 |
| EV/EBITDA | 57.92 |
| Quarterly Earnings Growth (YoY) | 225.00% |
| Quarterly Revenue Growth (YoY) | 32.00% |
| Shares Outstanding | $77.95M |
| Float | $77.36M |
| % Insiders | 0.69% |
| % Institutions | 98.20% |
Historical Volatility
HV 10-Day
86.32%
HV 20-Day
114.56%
HV 30-Day
119.25%
HV 60-Day
104.84%
HV Rank
94.4%
Volatility is currently contracting
Analyst Ratings
Consensus ($144.67 target)
5
Buy5
HoldLatest News
FormFactor and Keystone Microtech Announce Strategic Partnership Supporting Next-Generation Semiconductor Technologies
Partnership expands semiconductor probe card manufacturing and test capabilities to support advanced semiconductor applications Partnership expands semiconductor probe card manufacturing and test capabilities to support advanced semiconductor applications
GlobeNewsWire7/28/2026Neutral
Should You Buy, Sell or Hold FormFactor Stock Before Q2 Earnings?
FORM heads into Q2 earnings with AI, HBM and advanced packaging momentum, but valuation and trade risks temper the upside.
Zacks Investment Research7/27/2026Positive
Why I Am Upgrading FormFactor To A Strong Buy
I am upgrading FormFactor to Strong Buy with a $134 price target, representing 27% upside potential. Growth should be driven by rising HBM test complexity, stronger demand for GPU and networking probe cards, co-packaged optics adoption, and operating leverage from the Farmers Branch manufacturing ramp. I arrive at my price target by applying a 40x FWD non-GAAP P/E multiple to my 2028 non-GAAP EPS estimate of $3.34.
Seeking Alpha7/22/2026Positive
3 Stocks to Buy From the Prospering Semiconductor Industry
The Zacks Electronics - Semiconductors industry players like AMAT, LRCX and FORM gain from the growing proliferation of AI that is driving sustained demand for advanced semiconductors.
Zacks Investment Research7/20/2026Positive
4 AI Semiconductor Supply-Chain Stocks to Buy on the Recent Dip
TER, FORM, AMKR and CRDO decline about 30% in a month, but AI chip testing, packaging and high-speed connectivity demand may support a recovery.
Zacks Investment Research7/20/2026Positive
FormFactor Jumps 111% YTD: Is There More Room for the Stock to Rise?
FORM's AI-driven HBM momentum, broader chip-testing wins and CPO growth support its outlook despite premium valuation and margin pressure.
Zacks Investment Research7/13/2026Positive
FormFactor to Announce Second Quarter 2026 Financial Results on July 29th
LIVERMORE, Calif., July 08, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2026 fiscal second quarter on Wednesday, July 29th, 2026, at 1:25 p.m. Pacific Time. The public is invited to listen to a live webcast of FormFactor's conference call on the Investors section of the company's web site at www.formfactor.com .
GlobeNewsWire7/8/2026Neutral
Can AI Infrastructure Demand Keep Driving FormFactor Stock Higher?
FORM's AI infrastructure push is fueling demand for probe cards, HBM testing, GPUs, custom ASICs and CPO, with revenue gains eyed through 2030.
Zacks Investment Research7/7/2026Positive
4 Semiconductor Stocks to Buy Right Now to Ride on the AI Capex Boom
Micron, FormFactor, Texas Instruments and Taiwan Semiconductor are positioned to benefit as AI capex fuels demand for chips, memory and testing.
Zacks Investment Research6/30/2026Positive
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Data last updated: 7/29/2026