FormFactor (FORM) Stock Forecast, Price Target & Predictions
FORM Stock Forecast
FormFactor stock forecast is as follows: an average price target of $51.50 (represents a 19.41% upside from FORM’s last price of $43.13) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
FORM Price Target
The average price target for FormFactor (FORM) is $51.50 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $65.00 to $33.00. This represents a potential 19.41% upside from FORM's last price of $43.13.
FORM Analyst Ratings
According to 6 Wall Street analysts, FormFactor's rating consensus is 'Buy'. The analyst rating breakdown for FORM stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 3 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
FormFactor Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 17, 2024 | Craig Ellis | B.Riley Financial | $65.00 | $54.54 | 19.18% | 50.71% |
| May 02, 2024 | Christian Schwab | Craig-Hallum | $60.00 | $43.99 | 36.39% | 39.11% |
| Apr 15, 2024 | Vedvati Shrotre | Evercore ISI | $50.00 | $44.09 | 13.40% | 15.93% |
| Dec 13, 2022 | - | Northland Securities | $33.00 | $25.46 | 29.59% | -23.49% |
| Apr 25, 2022 | - | Stifel Nicolaus | $47.00 | $36.52 | 28.70% | 8.97% |
| Jan 07, 2022 | Charles Shi | Needham | $54.00 | $42.27 | 27.75% | 25.20% |
The latest FormFactor stock forecast, released on May 17, 2024 by Craig Ellis from B.Riley Financial, set a price target of $65.00, which represents a 19.18% increase from the stock price at the time of the forecast ($54.54), and a 50.71% increase from FORM last price ($43.13).
FormFactor Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $58.33 |
| Last Closing Price | $43.13 | $43.13 | $43.13 |
| Upside/Downside | -100.00% | -100.00% | 35.24% |
In the current month, the average price target of FormFactor stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to FormFactor's last price of $43.13. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 01, 2024 | Needham | Buy | Buy | Hold |
| Aug 01, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jun 20, 2024 | B. Riley | Buy | Buy | Hold |
| May 02, 2024 | B. Riley | Buy | Buy | Hold |
| May 02, 2024 | Craig-Hallum | Buy | Buy | Hold |
| May 02, 2024 | Needham | Buy | Buy | Hold |
| May 02, 2024 | Citigroup | Neutral | Neutral | Hold |
| May 02, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Feb 09, 2023 | Needham | Buy | Buy | Hold |
| Jan 13, 2023 | Jefferies | - | Hold | Initialise |
FormFactor's last stock rating was published by Needham on Aug 01, 2024. The company gave FORM a "Buy" rating, the same as its previous rate.
FormFactor Financial Forecast
FormFactor Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $168.16M | $171.57M | $155.92M | $167.45M | $165.99M | $180.87M | $203.91M | $197.17M | $205.00M | $189.96M | $188.08M | $186.64M | $197.04M | $178.00M | $157.82M | $160.75M | $178.63M | $140.60M |
| Avg Forecast | $223.49M | $216.58M | $208.38M | $214.39M | $219.68M | $214.17M | $206.54M | $199.94M | $199.60M | $200.29M | $194.99M | $165.38M | $165.30M | $166.98M | $162.29M | $162.55M | $155.39M | $183.03M | $203.12M | $194.33M | $198.17M | $188.51M | $185.84M | $183.00M | $183.95M | $175.72M | $156.00M | $139.07M | $173.99M | $140.54M |
| High Forecast | $225.40M | $218.43M | $210.15M | $216.22M | $221.55M | $216.00M | $208.30M | $201.65M | $201.30M | $201.78M | $196.65M | $166.80M | $166.71M | $168.96M | $163.67M | $163.94M | $156.72M | $184.59M | $204.65M | $195.78M | $199.65M | $189.93M | $187.24M | $184.37M | $185.33M | $177.04M | $157.17M | $140.11M | $175.30M | $141.60M |
| Low Forecast | $223.14M | $216.23M | $208.04M | $214.05M | $219.33M | $213.83M | $206.21M | $199.62M | $199.28M | $199.79M | $194.68M | $165.12M | $164.81M | $164.96M | $162.03M | $162.29M | $155.14M | $182.73M | $202.60M | $193.83M | $197.66M | $188.04M | $185.37M | $182.54M | $183.48M | $175.27M | $155.60M | $138.71M | $173.55M | $140.19M |
| # Analysts | 3 | 3 | 3 | 4 | 3 | 4 | 5 | 2 | 3 | 7 | 3 | 3 | 6 | 9 | 5 | 4 | 3 | 6 | 3 | 3 | 4 | 6 | 4 | 4 | 8 | 7 | 7 | 8 | 7 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.03% | 0.96% | 1.03% | 1.07% | 0.99% | 1.00% | 1.01% | 1.03% | 1.01% | 1.01% | 1.02% | 1.07% | 1.01% | 1.01% | 1.16% | 1.03% | 1.00% |
FormFactor's average Quarter revenue forecast for Mar 24 based on 3 analysts is $165.38M, with a low forecast of $165.12M, and a high forecast of $166.80M. FORM's average Quarter revenue forecast represents a -1.65% decrease compared to the company's last Quarter revenue of $168.16M (Dec 23).
FormFactor EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 4 | 3 | 4 | 5 | 2 | 3 | 7 | 3 | 3 | 6 | 9 | 5 | 4 | 3 | 6 | 3 | 3 | 4 | 6 | 4 | 4 | 8 | 7 | 7 | 8 | 7 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $81.27M | $11.74M | $8.62M | $10.04M | $-5.55M | $15.17M | $43.02M | $43.84M | $41.26M | $32.47M | $33.95M | $35.95M | $35.57M | $34.37M | $22.80M | $30.85M | $36.79M | $20.72M |
| Avg Forecast | $33.99M | $32.94M | $31.69M | $32.60M | $33.41M | $32.57M | $31.41M | $30.41M | $30.36M | $30.46M | $29.65M | $45.36M | $25.14M | $25.39M | $24.68M | $41.24M | $23.63M | $31.75M | $30.89M | $32.60M | $30.14M | $28.67M | $28.26M | $36.87M | $27.98M | $26.72M | $23.72M | $14.54M | $26.46M | $21.37M |
| High Forecast | $34.28M | $33.22M | $31.96M | $32.88M | $33.69M | $32.85M | $31.68M | $30.67M | $30.61M | $30.69M | $29.91M | $54.44M | $25.35M | $25.70M | $24.89M | $49.49M | $23.83M | $38.10M | $31.12M | $39.12M | $30.36M | $28.89M | $28.48M | $44.24M | $28.19M | $26.92M | $23.90M | $17.45M | $26.66M | $21.53M |
| Low Forecast | $33.94M | $32.89M | $31.64M | $32.55M | $33.36M | $32.52M | $31.36M | $30.36M | $30.31M | $30.38M | $29.61M | $36.29M | $25.06M | $25.09M | $24.64M | $32.99M | $23.59M | $25.40M | $30.81M | $26.08M | $30.06M | $28.60M | $28.19M | $29.49M | $27.90M | $26.66M | $23.66M | $11.63M | $26.39M | $21.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.23% | 0.46% | 0.35% | 0.24% | -0.23% | 0.48% | 1.39% | 1.34% | 1.37% | 1.13% | 1.20% | 0.98% | 1.27% | 1.29% | 0.96% | 2.12% | 1.39% | 0.97% |
3 analysts predict FORM's average Quarter EBITDA for Mar 24 to be $45.36M, with a high of $54.44M and a low of $36.29M. This is -44.18% lower than FormFactor's previous annual EBITDA (Dec 23) of $81.27M.
FormFactor Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 4 | 3 | 4 | 5 | 2 | 3 | 7 | 3 | 3 | 6 | 9 | 5 | 4 | 3 | 6 | 3 | 3 | 4 | 6 | 4 | 4 | 8 | 7 | 7 | 8 | 7 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $75.85M | $4.37M | $828.00K | $1.34M | $-13.73M | $4.35M | $30.24M | $29.87M | $25.90M | $20.50M | $17.91M | $19.63M | $19.27M | $22.89M | $20.47M | $15.89M | $18.64M | $8.28M |
| Avg Forecast | $42.46M | $38.93M | $33.24M | $32.95M | $39.88M | $36.92M | $33.48M | $30.08M | $26.65M | $24.60M | $24.63M | $30.91M | $15.86M | $13.70M | $9.62M | $28.10M | $2.56M | $20.04M | $34.07M | $22.21M | $32.34M | $28.23M | $25.53M | $20.13M | $30.70M | $27.81M | $21.91M | $7.49M | $24.63M | $16.66M |
| High Forecast | $42.93M | $39.37M | $33.61M | $33.32M | $40.32M | $37.33M | $33.86M | $30.41M | $26.94M | $26.19M | $24.90M | $37.09M | $16.65M | $15.32M | $9.73M | $33.72M | $2.59M | $24.05M | $34.41M | $26.66M | $32.66M | $28.50M | $25.78M | $24.15M | $31.00M | $28.08M | $22.12M | $8.99M | $24.87M | $16.82M |
| Low Forecast | $42.37M | $38.85M | $33.17M | $32.89M | $39.79M | $36.85M | $33.42M | $30.02M | $26.59M | $23.01M | $24.58M | $24.73M | $15.82M | $13.68M | $9.60M | $22.48M | $2.55M | $16.03M | $33.96M | $17.77M | $32.24M | $28.13M | $25.44M | $16.10M | $30.60M | $27.72M | $21.84M | $5.99M | $24.55M | $16.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.78% | 0.32% | 0.09% | 0.05% | -5.37% | 0.22% | 0.89% | 1.34% | 0.80% | 0.73% | 0.70% | 0.98% | 0.63% | 0.82% | 0.93% | 2.12% | 0.76% | 0.50% |
FormFactor's average Quarter net income forecast for Mar 24 is $30.91M, with a range of $24.73M to $37.09M. FORM's average Quarter net income forecast represents a -59.25% decrease compared to the company's last Quarter net income of $75.85M (Dec 23).
FormFactor SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 4 | 3 | 4 | 5 | 2 | 3 | 7 | 3 | 3 | 6 | 9 | 5 | 4 | 3 | 6 | 3 | 3 | 4 | 6 | 4 | 4 | 8 | 7 | 7 | 8 | 7 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $31.45M | $35.56M | $33.26M | $32.74M | $33.93M | $31.64M | $33.41M | $32.91M | $32.36M | $30.94M | $30.48M | $30.02M | $32.82M | $31.83M | $22.75M | $27.69M | $28.98M | $25.89M |
| Avg Forecast | $39.17M | $37.95M | $36.52M | $37.57M | $38.50M | $37.53M | $36.19M | $35.04M | $34.98M | $35.10M | $34.17M | $34.05M | $28.97M | $29.26M | $28.44M | $30.95M | $27.23M | $30.25M | $35.60M | $24.47M | $34.73M | $33.04M | $32.57M | $30.78M | $32.24M | $30.79M | $27.34M | $13.06M | $30.49M | $24.63M |
| High Forecast | $39.50M | $38.28M | $36.83M | $37.89M | $38.83M | $37.85M | $36.50M | $35.34M | $35.28M | $35.36M | $34.46M | $40.86M | $29.21M | $29.61M | $28.68M | $37.14M | $27.46M | $36.30M | $35.86M | $29.36M | $34.99M | $33.28M | $32.81M | $36.94M | $32.48M | $31.02M | $27.54M | $15.67M | $30.72M | $24.81M |
| Low Forecast | $39.10M | $37.89M | $36.46M | $37.51M | $38.44M | $37.47M | $36.14M | $34.98M | $34.92M | $35.01M | $34.12M | $27.24M | $28.88M | $28.91M | $28.39M | $24.76M | $27.19M | $24.20M | $35.51M | $19.57M | $34.64M | $32.95M | $32.49M | $24.63M | $32.15M | $30.72M | $27.27M | $10.44M | $30.41M | $24.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.22% | 1.17% | 1.06% | 1.25% | 1.05% | 0.94% | 1.34% | 0.93% | 0.94% | 0.94% | 0.98% | 1.02% | 1.03% | 0.83% | 2.12% | 0.95% | 1.05% |
FormFactor's average Quarter SG&A projection for Mar 24 is $34.05M, based on 3 Wall Street analysts, with a range of $27.24M to $40.86M. The forecast indicates a 8.26% rise compared to FORM last annual SG&A of $31.45M (Dec 23).
FormFactor EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 4 | 3 | 4 | 5 | 2 | 3 | 7 | 3 | 3 | 6 | 9 | 5 | 4 | 3 | 6 | 3 | 3 | 4 | 6 | 4 | 4 | 8 | 7 | 7 | 8 | 7 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.98 | $0.06 | $0.01 | $0.02 | $-0.18 | $0.06 | $0.39 | $0.38 | $0.33 | $0.26 | $0.23 | $0.25 | $0.25 | $0.30 | $0.27 | $0.21 | $0.25 | $0.11 |
| Avg Forecast | $0.54 | $0.49 | $0.42 | $0.42 | $0.51 | $0.47 | $0.43 | $0.38 | $0.34 | $0.31 | $0.31 | $0.19 | $0.20 | $0.17 | $0.12 | $0.13 | $0.03 | $0.21 | $0.43 | $0.39 | $0.41 | $0.36 | $0.32 | $0.39 | $0.39 | $0.35 | $0.28 | $0.21 | $0.31 | $0.21 |
| High Forecast | $0.55 | $0.50 | $0.43 | $0.42 | $0.51 | $0.47 | $0.43 | $0.39 | $0.34 | $0.33 | $0.32 | $0.19 | $0.21 | $0.19 | $0.12 | $0.13 | $0.03 | $0.22 | $0.44 | $0.40 | $0.41 | $0.36 | $0.33 | $0.39 | $0.39 | $0.36 | $0.28 | $0.21 | $0.32 | $0.21 |
| Low Forecast | $0.54 | $0.49 | $0.42 | $0.42 | $0.51 | $0.47 | $0.42 | $0.38 | $0.34 | $0.29 | $0.31 | $0.19 | $0.20 | $0.17 | $0.12 | $0.13 | $0.03 | $0.21 | $0.43 | $0.39 | $0.41 | $0.36 | $0.32 | $0.39 | $0.39 | $0.35 | $0.28 | $0.21 | $0.31 | $0.21 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.87% | 0.34% | 0.08% | 0.15% | -5.54% | 0.28% | 0.90% | 0.97% | 0.80% | 0.73% | 0.71% | 0.65% | 0.64% | 0.85% | 0.97% | 0.99% | 0.80% | 0.52% |
According to 3 Wall Street analysts, FormFactor's projected average Quarter EPS for Mar 24 is $0.19, with a low estimate of $0.19 and a high estimate of $0.19. This represents a -80.57% decrease compared to FORM previous annual EPS of $0.98 (Dec 23).
FormFactor Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MXL | MaxLinear | $14.22 | $38.38 | 169.90% | Hold |
| MX | Magnachip Semiconductor | $4.65 | $8.00 | 72.04% | Buy |
| SLAB | Silicon Laboratories | $111.68 | $162.00 | 45.06% | Hold |
| AMKR | Amkor | $30.69 | $42.00 | 36.85% | Buy |
| POWI | Power Integrations | $59.04 | $79.00 | 33.81% | Buy |
| DIOD | Diodes | $59.52 | $74.00 | 24.33% | Buy |
| FORM | FormFactor | $43.14 | $51.50 | 19.38% | Buy |
| MTSI | MACOM Technology Solutions | $101.54 | $103.88 | 2.30% | Buy |
| CRUS | Cirrus Logic | $123.80 | $120.20 | -2.91% | Buy |
FORM Forecast FAQ
Is FormFactor a good buy?
Yes, according to 6 Wall Street analysts, FormFactor (FORM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 50.00% of FORM's total ratings.
What is FORM's price target?
FormFactor (FORM) average price target is $51.5 with a range of $33 to $65, implying a 19.41% from its last price of $43.13. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will FormFactor stock go up soon?
According to Wall Street analysts' prediction for FORM stock, the company can go up by 19.41% (from the last price of $43.13 to the average price target of $51.5), up by 50.71% based on the highest stock price target, and down by -23.49% based on the lowest stock price target.
Can FormFactor stock reach $60?
FORM's highest twelve months analyst stock price target of $65 supports the claim that FormFactor can reach $60 in the near future.
What are FormFactor's analysts' financial forecasts?
FormFactor's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $840.33M (high $847.5M, low $838.98M), average EBITDA is $127.8M (high $128.89M, low $127.6M), average net income is $140.36M (high $141.92M, low $140.07M), average SG&A $147.26M (high $148.52M, low $147.03M), and average EPS is $1.78 (high $1.8, low $1.78). FORM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $862.83M (high $870.2M, low $861.46M), average EBITDA is $131.22M (high $132.34M, low $131.01M), average net income is $147.59M (high $149.23M, low $147.28M), average SG&A $151.21M (high $152.5M, low $150.97M), and average EPS is $1.87 (high $1.9, low $1.87).
Did the FORM's actual financial results beat the analysts' financial forecasts?
Based on FormFactor's last annual report (Dec 2023), the company's revenue was $663.1M, beating the average analysts forecast of $657.11M by 0.91%. Apple's EBITDA was $82.76M, missing the average prediction of $116.46M by -28.94%. The company's net income was $82.39M, beating the average estimation of $67.28M by 22.45%. Apple's SG&A was $133.01M, beating the average forecast of $117.62M by 13.08%. Lastly, the company's EPS was $1.06, beating the average prediction of $0.631 by 68.11%. In terms of the last quarterly report (Dec 2023), FormFactor's revenue was $168.16M, beating the average analysts' forecast of $165.3M by 1.73%. The company's EBITDA was $81.27M, beating the average prediction of $25.14M by 223.28%. FormFactor's net income was $75.85M, beating the average estimation of $15.86M by 378.37%. The company's SG&A was $31.45M, beating the average forecast of $28.97M by 8.57%. Lastly, the company's EPS was $0.98, beating the average prediction of $0.201 by 386.55%