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. It operates in two segments, Probe Cards and Systems. The company offers probe cards to test various semiconductor device types, including systems on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies. It also provides probing systems for semiconductor design engineers to capture and analyse accurate data; surface metrology systems for the development, production, and quality control of semiconductor products; thermal subsystems consisting of thermal chucks and other test systems used in probe stations; and precision cryogenic instruments. In addition, the company offers on-site probe card maintenance and service training, seminars, and telephone support services. The company markets and sells its products through direct sales force, manufacturers' representatives, and distributors in the United States, Taiwan, South Korea, China, Japan, Europe, the Asia-Pacific, and internationally. FormFactor, Inc. was incorporated in 1993 and is headquartered in Livermore, California.
IPO Year: 2003
Exchange: NASDAQ
Website: formfactor.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/12/2026 | $175.00 | Hold → Buy | Craig Hallum |
| 4/30/2026 | Buy → Hold | Craig Hallum | |
| 4/13/2026 | $130.00 | Buy → Neutral | B. Riley Securities |
| 11/18/2025 | $75.00 | Overweight | Cantor Fitzgerald |
| 10/30/2025 | $62.00 | Neutral → Buy | Citigroup |
| 10/30/2025 | $35.00 → $50.00 | Hold | TD Cowen |
| 10/10/2025 | $47.00 | Neutral → Buy | B. Riley Securities |
| 8/21/2025 | $31.00 | Buy → Neutral | Citigroup |
| 2/6/2025 | $64.00 → $34.00 | Buy → Neutral | B. Riley Securities |
| 1/13/2025 | Buy → Hold | Needham |
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Craig Hallum upgraded FormFactor from Hold to Buy and set a new price target of $175.00
Craig Hallum downgraded FormFactor from Buy to Hold
B. Riley Securities downgraded FormFactor from Buy to Neutral and set a new price target of $130.00
Cantor Fitzgerald initiated coverage of FormFactor with a rating of Overweight and set a new price target of $75.00
Citigroup upgraded FormFactor from Neutral to Buy and set a new price target of $62.00
TD Cowen reiterated coverage of FormFactor with a rating of Hold and set a new price target of $50.00 from $35.00 previously
B. Riley Securities upgraded FormFactor from Neutral to Buy and set a new price target of $47.00
Citigroup downgraded FormFactor from Buy to Neutral and set a new price target of $31.00
B. Riley Securities downgraded FormFactor from Buy to Neutral and set a new price target of $34.00 from $64.00 previously
Needham downgraded FormFactor from Buy to Hold
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
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LIVERMORE, Calif., May 14, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) is pleased to announce its participation in the following investor conferences: B. Riley 26th Annual Institutional Investor ConferenceLocation: Ritz-Carlton, Marina Del ReyDate: May 20th, 2026Format: 1:1's Only TD Cowen 54th Annual Technology, Media & Telecom ConferenceLocation: InterContinental New York BarclayDate: May 27th, 2026Format: 1:1's Only Craig-Hallum 23rd Annual Institutional Investor ConferenceLocation: Depot Renaissance Hotel MinneapolisDate: May 28th, 2026Format: 1:1's Only Stifel 2026 Boston Cross Sector 1x1 ConferenceLocation: InterContinental BostonDate: June 2nd, 2026Format: 1:1's Only
LIVERMORE, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM), a leading semiconductor test and measurement supplier, announced that it was ranked the global #1 supplier in both Test Subsystems and Focused Suppliers of Chip Making Equipment in the TechInsights 2026 Customer Satisfaction Survey. The company's dual #1 rankings reflect sustained technology leadership and strong customer trust. FormFactor continues to deliver the performance, reliability, and engineering innovation needed to enable next-generation semiconductor architectures—spanning high-bandwidth memory (HBM), advanced packaging, and emerging requirements tied to hyperscaler and high-performance computi
LIVERMORE, Calif., May 08, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM), a is a leading provider of essential test and measurement technologies, will be ringing the Closing Bell at the Nasdaq MarketSite at 4 Times Square - 43rd Broadway, New York, NY on Monday, May 11, 2026. "We are proud to be participating in the Nasdaq Closing Bell Ceremony," said Mike Slessor, FormFactor's Chief Executive Officer. "Throughout our history, FormFactor has shown a consistent ability to evolve, innovate, and expand our business, and we look forward to many more years of carrying on this tradition. As we join in Monday's ceremony, I would like to thank and acknowledge the global FormFactor organ
LIVERMORE, Calif., April 29, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) today announced its financial results for the first quarter of fiscal 2026 ended March 28, 2026. Quarterly revenues were $226.1 million, an increase of 5.1% compared to $215.2 million in the fourth quarter of fiscal 2025, and an increase of 32.0% from $171.4 million in the first quarter of fiscal 2025. Produced all-time record revenue; Non-GAAP gross margins up 510 basis points sequentially, 250 basis points above the high end of the outlook range; and Non-GAAP earnings per share also exceeding the high end of the outlook rangeDelivered record DRAM revenue with increased demand in HBM applications and sus
LIVERMORE, Calif., April 08, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) will report financial results for its 2026 fiscal first quarter on Wednesday, April 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 To Listen via Telephone: Preregistration is required. Please preregister by clicking here. Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN. A replay of the conference call will be available approximately two hours after the conclusion of the call. The replay will be available on the Investor
LIVERMORE, Calif. and MUNICH, March 25, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM), a leading provider of RF probe stations and probe cards, and Rohde & Schwarz, a global leader in test and measurement, today announced a strategic co-marketing partnership as part of FormFactor's MeasureOne partner program, a solution-integration initiative designed to deliver validated, turnkey on-wafer test systems. The collaboration combines advanced probing technology from FormFactor with industry-leading RF test instrumentation from Rohde & Schwarz, providing manufacturers with comprehensive solutions spanning early design verification through production. With RF device complexity and oper
LIVERMORE, Calif., March 11, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM), a leading semiconductor test and measurement supplier, today introduced the Flatiron™ Dilution Refrigerator, a new benchtop millikelvin platform designed to simplify sub‑kelvin optical and electrical measurements and accelerate quantum device development, characterization, and chip-scale validation. The Flatiron enables researchers and engineering teams to perform millikelvin experiments in a compact, lab‑ready system that integrates easily into modern laboratories, reducing experimental overhead and time‑to‑data for both research and industrial quantum technology development. Traditional dilution refrig
LIVERMORE, Calif., March 05, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM), a leading provider of essential test and measurement technologies enabling next-generation semiconductor innovation, today announced that it will host its Investor Day at the Nasdaq MarketSite in New York City. Location: Nasdaq MarketSite at 151 W 43rd Street, 10th Floor Date & Time: May 11th, 2026 from 10:00 am to 1:00 pm Eastern Time During the event, members of FormFactor's executive leadership team will provide an in‑depth review of FormFactor's strategic priorities, long‑term growth opportunities, operational initiatives, and financial targets. A live webcast and accompanying presentation material
LIVERMORE, Calif., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Kevin Brewer, a director of FormFactor, Inc. ("FormFactor") since 2024, notified FormFactor of his decision to retire from service on our Board of Directors ("Board") following the completion of his current term. Consequently, Mr. Brewer will not stand for re-election to our Board at our 2026 Annual Meeting of Stockholders, which FormFactor anticipates holding on May 15, 2026. Mr. Brewer's decision to not stand for re-election is not due to any disagreement with FormFactor on any matter relating to FormFactor's operations, policies or practices. "Kevin has been an outstanding board member for FormFactor," said Tom St. Dennis, chairperso
LIVERMORE, Calif., Feb. 12, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) is pleased to announce its participation in the following investor conferences. Susquehanna 15th Annual Technology ConferenceLocation: Lotte New York PalaceDate: February 26, 2026Format: 1:1's Only Morgan Stanley Technology, Media & Telecom ConferenceLocation: The Palace Hotel, San FranciscoDate: March 2, 2026Format: 1:1's Only 2026 Cantor Global Technology & Industrial Growth ConferenceLocation: New York Hilton MidtownDate: March 11, 2026Format: 1:1's Only About FormFactor: FormFactor, Inc. (NASDAQ:FORM), is a leading provider of essential test and measurement technologies along the full IC life cycle
Live Leadership Updates
Benchmark Electronics, Inc. (NYSE:BHE), a global provider of engineering, design, and manufacturing services, today announced the appointment of Dr. Michael Slessor to its Board of Directors. Dr. Slessor brings more than 25 years of experience in the semiconductor industry. He is currently the CEO of FormFactor, Inc. (NASDAQ:FORM), a market leader in advanced wafer test solutions, which he joined with FormFactor's 2012 acquisition of MicroProbe where he also served as CEO. Previously he held leadership roles at KLA Corporation. Among Dr. Slessor's notable accomplishments was FormFactor's successful acquisition and integration of Cascade Microtech, which broadened the company's product lin
LIVERMORE, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) today announced the appointment of Kevin Brewer to its Board of Directors effective immediately. "We are pleased to welcome Kevin Brewer to the Board of Directors of FormFactor," said Tom St. Dennis, Chairperson of the Board of Directors. "Kevin has a strong background in finance and operations that will be of great value to FormFactor as the company achieves and surpasses our target financial model." Mr. Brewer joins the FormFactor Board of Directors with over 40 years of experience in the semiconductor and high-tech industries. Mr. Brewer served as the Chief Financial Officer and Executive Vice Preside
LIVERMORE, Calif., Sept. 26, 2022 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) today announced the appointment of Brian White to its Board of Directors effective immediately. "FormFactor is very fortunate to have Brian White join our Board of Directors. Brian brings exceptional experience in our industry as well as deep functional expertise in finance," said Tom St. Dennis, Chairperson of the Board of Directors. "I look forward to Brian's contributions as FormFactor continues to grow its leadership position in the semiconductor industry." Mr. White joins the FormFactor Board of Directors with over 29 years of experience in the semiconductor and high-tech industries. Mr. White curre
LIVERMORE, Calif., June 09, 2021 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced the appointment of Jorge Titinger to its Board of Directors effective immediately. Mr. Titinger joins the FormFactor Board of Directors with over 30 years of experience in the high-tech industry and has held various executive positions in the semiconductor equipment and computer industries. Mr. Titinger is Founder and CEO of Titinger Consulting, a consulting firm focused on providing strategy, corporate transformation, and culture advice to its clients. From February 2012 to November 2016 Mr. Titinger served as President, Chief Executive Officer and director of Silicon Graphics, Inc. Mr.
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LIVERMORE, Calif., April 29, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) today announced its financial results for the first quarter of fiscal 2026 ended March 28, 2026. Quarterly revenues were $226.1 million, an increase of 5.1% compared to $215.2 million in the fourth quarter of fiscal 2025, and an increase of 32.0% from $171.4 million in the first quarter of fiscal 2025. Produced all-time record revenue; Non-GAAP gross margins up 510 basis points sequentially, 250 basis points above the high end of the outlook range; and Non-GAAP earnings per share also exceeding the high end of the outlook rangeDelivered record DRAM revenue with increased demand in HBM applications and sus
LIVERMORE, Calif., April 08, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) will report financial results for its 2026 fiscal first quarter on Wednesday, April 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 To Listen via Telephone: Preregistration is required. Please preregister by clicking here. Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN. A replay of the conference call will be available approximately two hours after the conclusion of the call. The replay will be available on the Investor
Record Revenue of $785.0 Million in FY25 Driven by Growth in High Bandwidth MemoryQ4 Revenue, Gross Margin and Earnings per Share Exceed High End of the Outlook Range; Expect Continued Strength in Q1'26 LIVERMORE, Calif., Feb. 04, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) today announced its financial results for the fourth quarter of fiscal 2025 ended December 27, 2025. Quarterly revenues were $215.2 million, an increase of 6.2% compared to $202.7 million in the third quarter of fiscal 2025, and an increase of 13.6% from $189.5 million in the fourth quarter of fiscal 2024. For fiscal 2025, FormFactor recorded revenues of $785.0 million, up 2.8% from $763.6 million in fiscal
LIVERMORE, Calif., Jan. 14, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) will report financial results for its 2025 fiscal fourth quarter on Wednesday, February 4th, 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. To Listen via Telephone: Preregistration is required. Please preregister by clicking here. Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN. A replay of the conference call will be available approximately two hours after the conclusion of the call. The replay will be available on the Inves
Q3 Revenue, Gross Margin and Earnings per Share Exceed the Midpoint of the Outlook Range; Expects to Deliver Higher Results in the Fourth Quarter LIVERMORE, Calif., Oct. 29, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) today announced its financial results for the third quarter of fiscal 2025 ended September 27, 2025. Quarterly revenues were $202.7 million, an increase of 3.5% compared to $195.8 million in the second quarter of fiscal 2025, and a decrease of 2.5% from $207.9 million in the third quarter of fiscal 2024. Third quarter revenue, gross margin, and earnings per share exceeded both second quarter results and the midpoint of the outlook rangeDRAM probe cards recorded
LIVERMORE, Calif., Oct. 15, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) will report financial results for its 2025 fiscal third quarter on Wednesday, October 29th, 2025, 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. To Listen via Telephone: Preregistration is required. Please preregister by clicking here. Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN. A replay of the conference call will be available approximately two hours after the conclusion of the call. The replay will be available on the Invest
LIVERMORE, Calif., July 30, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) today announced its financial results for the second quarter of fiscal 2025 ended June 28, 2025. Quarterly revenues were $195.8 million, an increase of 14.3% compared to $171.4 million in the first quarter of fiscal 2025, and a decrease of 0.8% from $197.5 million in the second quarter of fiscal 2024. Anticipated strength in HBM and Foundry & Logic probe cards drove sequentially stronger second-quarter revenueFormFactor is now shipping in volume to all three major HBM manufacturersClosed acquisition of Farmers Branch manufacturing facility, providing significant operational flexibility in lower operating
LIVERMORE, Calif., July 09, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) will report financial results for its 2025 fiscal second quarter on Wednesday, July 30th, 2025, 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. To Listen via Telephone: Preregistration is required. Please preregister by clicking here. Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN. A replay of the conference call will be available approximately two hours after the conclusion of the call. The replay will be available on the Investo
LIVERMORE, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) today announced its financial results for the first quarter of fiscal 2025 ended March 29, 2025. Quarterly revenues were $171.4 million, a decrease of 9.6% compared to $189.5 million in the fourth quarter of fiscal 2024, and an increase of 1.6% from $168.7 million in the first quarter of fiscal 2024. Foundry & Logic first-quarter demand increased low single digits sequentiallyExperienced reduction in DRAM as export controls limited FormFactor's ability to ship probe cards for advanced node designs to ChinaClosed acquisition of minority interest in FICT Limited, a key supplier of advanced probe card co
LIVERMORE, Calif., April 10, 2025 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM) will report financial results for its 2025 fiscal first quarter on Wednesday, April 30th, 2025, 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. To Listen via Telephone: Preregistration is required. Please preregister by clicking here. Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN. A replay of the conference call will be available approximately two hours after the conclusion of the call. The replay will be availa
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