FormFactor (NASDAQ:FORM) Releases Q1 2025 Earnings Guidance

FormFactor (NASDAQ:FORM) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.030-0.110 for the period, compared to the consensus earnings per share estimate of 0.330. The company issued revenue guidance of $165.0 million-$175.0 million, compared to the consensus revenue estimate of $192.9 million.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on FORM. Citigroup raised FormFactor from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $44.00 to $51.00 in a report on Monday, January 6th. TD Cowen cut their target price on FormFactor from $60.00 to $44.00 and set a “hold” rating on the stock in a research report on Thursday, October 31st. B. Riley downgraded FormFactor from a “buy” rating to a “neutral” rating and lowered their price target for the company from $64.00 to $34.00 in a research report on Thursday. Needham & Company LLC reiterated a “hold” rating on shares of FormFactor in a report on Thursday. Finally, Stifel Nicolaus reduced their price target on shares of FormFactor from $48.00 to $42.00 and set a “hold” rating on the stock in a research report on Thursday. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $48.50.

FormFactor Stock Performance

Shares of FORM stock traded down $1.48 on Friday, hitting $36.85. 83,603 shares of the stock traded hands, compared to its average volume of 912,639. The company’s fifty day moving average is $42.98 and its 200 day moving average is $44.30. FormFactor has a 1-year low of $32.71 and a 1-year high of $63.63. The company has a market capitalization of $2.85 billion, a PE ratio of 21.22 and a beta of 1.07. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.76 and a quick ratio of 3.94.

FormFactor (NASDAQ:FORM) last announced its earnings results on Wednesday, February 5th. The semiconductor company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.14). FormFactor had a net margin of 18.29% and a return on equity of 5.38%. On average, equities research analysts predict that FormFactor will post 0.75 earnings per share for the current fiscal year.

Insider Activity

In other FormFactor news, CEO Mike Slessor sold 4,000 shares of FormFactor stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $44.44, for a total transaction of $177,760.00. Following the transaction, the chief executive officer now directly owns 522,531 shares in the company, valued at approximately $23,221,277.64. The trade was a 0.76 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold a total of 12,000 shares of company stock worth $496,040 over the last 90 days. 0.96% of the stock is currently owned by company insiders.

About FormFactor

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 in the United States, Taiwan, South Korea, China, Europe, Japan, Malaysia, Singapore, and internationally.