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 Alpha • Jul 22, 2026

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 Research • Jul 20, 2026

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 Research • Jul 20, 2026

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 Research • Jul 13, 2026

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 .

GlobeNewsWire • Jul 8, 2026

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 Research • Jul 7, 2026

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 Research • Jun 30, 2026

FormFactor, Inc. Added to Membership of US Large-Cap Russell US 1000® Index

LIVERMORE, Calif., June 24, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) announced today that it was added as a member of the US large-cap Russell 1000® Index, effective when the US market opens on June 29th, as part of the 2026 Russell indexes reconstitution. Membership in the Russell 1000® Index, which remains in place for half a year beginning 2026, is based on membership in the broad-market Russell 3000® Index. The stock also was automatically added to the appropriate growth and value indexes.

GlobeNewsWire • Jun 24, 2026

Why FormFactor (FORM) Might be Well Poised for a Surge

FormFactor (FORM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Zacks Investment Research • Jun 15, 2026

This FormFactor Analyst Turns Bullish; Here Are Top 3 Upgrades For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Benzinga • Jun 12, 2026