FMF Stock Chart & Stats
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Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetVery low leverage and a sizable equity cushion strengthen FormFactor’s ability to withstand semiconductor cycles, fund capacity additions, and continue investing without depending heavily on external financing. This supports resilience and long-term strategic flexibility.
HBM Technology And Share GainsFormFactor’s SmartMatrix technology is aligned with the industry transition toward HBM4 and HBM5, while reported share gains indicate product differentiation. Continued advanced-memory adoption can support durable demand for specialized, higher-value probe cards.
Teradyne Strategic CollaborationThe Teradyne collaboration combines FormFactor’s probing and device-characterization capabilities with automated test platforms across advanced computing, HBM, packaging, and silicon photonics. If executed, the alliance could deepen ecosystem relevance and expand customer opportunities.
Bears Say
Semiconductor-cycle Earnings VolatilityFormFactor remains exposed to semiconductor demand cycles, creating variability in revenue, margins, and earnings across periods. Uneven historical growth and lower margins than prior peaks make sustained profitability dependent on production conditions and technology-transition timing.
Non-recurring Margin Support And Ramp CostsReported margin strength is not entirely repeatable because tariff refunds will not recur, while Farmers Branch preproduction spending adds near-term cost. These factors can make profitability less representative until the facility reaches target capacity and expected accretion.
Competitive Pressure In HBMAlthough FormFactor has strong share in selected high-speed HBM insertions, competitor entry can pressure future wins, pricing, or share outside those positions. Sustaining growth will require continued product differentiation as HBM testing becomes more strategically important.
Formfactor News
FMF FAQ
What was Formfactor’s price range in the past 12 months?
Currently, no data Available
What is Formfactor’s market cap?
Formfactor’s market cap is CHF6.93B.
When is Formfactor’s upcoming earnings report date?
Formfactor’s upcoming earnings report date is Feb 10, 2027 which is in 105 days.
How were Formfactor’s earnings last quarter?
Formfactor released its earnings results on Oct 28, 2026. The company reported CHF0.863 earnings per share for the quarter, beating the consensus estimate of CHF0.715 by CHF0.148.
Is Formfactor overvalued?
According to Wall Street analysts Formfactor’s price is currently Undervalued.
Does Formfactor pay dividends?
Formfactor does not currently pay dividends.
What is Formfactor’s EPS estimate?
Formfactor’s EPS estimate is 0.67.
How many shares outstanding does Formfactor have?
Currently, no data Available
What happened to Formfactor’s price movement after its last earnings report?
Formfactor reported an EPS of CHF0.863 in its last earnings report, beating expectations of CHF0.715. Following the earnings report the stock price went same N/A.
Which hedge fund is a major shareholder of Formfactor?
Currently, no hedge funds are holding shares in CH:FMF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Formfactor Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
CHF125.04 (― Upside)
CHF125.04 (― Upside)
Blogger Sentiment
Bullish
CH:FMF Sentiment 75%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth CHF165.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
144.11%
12-Months-Change
Fundamentals
Return on Equity
10.96%
Trailing 12-Months
Asset Growth
13.61%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Formfactor
FormFactor, Inc., established in Livermore, California in 1993, specializes in the design, manufacturing, and global distribution of advanced test and measurement solutions for the semiconductor industry. The company primarily caters to semiconductor manufacturers and research institutions, operating through two main divisions: Probe Cards and Systems. Within the Probe Cards segment, FormFactor supplies crucial components designed to verify the functionality of a wide array of integrated circuits. These include complex system-on-chip (SoC) products, processors for mobile applications, microcontrollers, graphics processors, and various memory devices such as dynamic random-access memory (DRAM) and NAND/NOR flash. Additionally, their probe cards support the testing of radio frequency (RF), analog, mixed-signal, image sensor, and electro-optical devices. The Systems division encompasses several specialized product lines. For instance, analytical probes are instrumental in applications such as device characterization, developing electrical simulation models, conducting failure analysis, and debugging prototype designs. These probes serve a diverse clientele including universities, research facilities, integrated device manufacturers (IDMs), semiconductor foundries, and fabless semiconductor companies. Furthermore, FormFactor provides probing systems that enable semiconductor design engineers to accurately capture and analyze critical data. They also offer surface metrology systems vital for product development, manufacturing, and quality assurance in semiconductor production. The company's thermal subsystems, such as thermal chucks, are incorporated into probe stations and other testing environments. Completing their portfolio are precision cryogenic instruments and associated test and measurement systems for semiconductors. Beyond hardware, FormFactor delivers comprehensive support services, including on-site maintenance for probe cards, specialized training programs, educational seminars, and telephone assistance. The company leverages a multi-channel sales strategy, utilizing a direct sales force, manufacturers' representatives, and independent distributors to market its offerings across major global markets. Its operational footprint spans the United States, Taiwan, South Korea, China, Japan, Europe, the broader Asia-Pacific region, and various other international territories.
FMF Company Deck
FMF Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operational and financial momentum: record revenue, strong cash generation, notable margin expansion, systems/CPO acceleration, and clear capacity plans (Farmers Branch) support the company’s long‑term targets. Key near-term risks are mix shifts (DRAM HBM→DDR), parts of the margin improvement being non‑recurring (tariff refunds, reclaim), capacity/ramp timing and competitive pressures in select subsegments. On balance the material, recurring improvements in revenue, margins, EPS, cash flow and strategic positioning outweigh the highlighted one‑time items and execution/timing risks.View all CH:FMF earnings summariesFMF Stock 12 Month Forecast
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