Why FormFactor, Inc.’s (FORM) Stock Is Down 5.03%
As of Friday, October 16, FormFactor, Inc.’s FORM share price has dipped by 5.03%, which has investors questioning if this is right time to buy.
Model output · Signal date 2026-11-03
Formfactor Inc (FORM) Stock Forecast Nov. 3, 2026
Analysis updated on Nov. 3, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Rating · 90D
Unlock rating and forecasts
90-day forecast
Sign up free to reveal
30-day forecast
Alpha
Rank in coverage
of 4891 stocks scored
Rank correlation · 90D
14.0%
Spearman, 358 dates
Market Cap
$6.82B
mid-cap · #33 of 60 peers
Summary
Formfactor Inc (FORM) stock forecast summary
Our AI scores Formfactor Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Formfactor Inc is a mid-cap company with a market capitalization of $6.82B. It ranks number 33 by market capitalization among the 60 Semiconductors & Related Devices issuers in our coverage with a current forecast.
For FORM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 14.0%, measured on 358 forecast dates between 2022-08-16 and 2026-08-05 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 13.0%, measured on 400 forecast dates between 2022-08-16 and 2026-10-02. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.9%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-30 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, FORM included.
Price
FORM price chart and AI forecast
Cross-section · 2026-10-30
How FORM ranks among 4891 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-06-27
Formfactor Inc (FORM) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Semiconductors & Related Devices peers listed below that report each metric.
Valuation & Market
| Metric | FORM | Rank |
|---|---|---|
| Market Cap | $6.82B | 33/60 |
| P/E Ratio | 68.20x | 15/40 |
| P/B Ratio | 6.14x | 22/57 |
| EPS | $1.28 | – |
| Book Value/Share | $14.23 | – |
| Revenue/Share | $11.55 | – |
| FCF/Share | $1.74 | – |
Profitability & Margins
| Metric | FORM | Rank |
|---|---|---|
| ROE | 10.4% | 26/46 |
| ROA | 8.6% | 19/45 |
| ROIC | 9.8% | 22/54 |
| Gross Margin | 43.1% | 33/57 |
| Operating Margin | 12.8% | 24/57 |
| Net Margin | 12.8% | 24/46 |
| EBT Margin | 14.1% | 23/57 |
| Tax Rate | 13.1% | – |
Financial Health
| Metric | FORM | Rank |
|---|---|---|
| Current Ratio | 4.08x | 22/56 |
| Quick Ratio | 3.34x | 20/54 |
| D/E Ratio | 0.21x | 45/59 |
| Financial Leverage | 1.21x | 46/57 |
| Interest Coverage | 21.5x | 15/45 |
| Working Capital | $505M | 43/56 |
Cash Flow
| Metric | FORM | Rank |
|---|---|---|
| Operating Cash Flow | $180M | 33/57 |
| Free Cash Flow | $136M | 28/52 |
| Capital Spending | -$44M | 21/52 |
| OCF Growth YoY | 71.0% | 10/45 |
| FCF Growth YoY | 3645.8% | 1/41 |
| FCF/Sales | 15.1% | 24/52 |
| CapEx/Sales | 4.8% | 23/52 |
Operational Efficiency
| Metric | FORM | Rank |
|---|---|---|
| Asset Turnover | 0.67x | 17/54 |
| Receivables Turnover | 5.8x | 29/51 |
| Inventory Turnover | 4.2x | 10/53 |
| Fixed Assets Turnover | 3.4x | 38/53 |
| Days Sales Outstanding | 63 days | 23/51 |
| Days Inventory | 86 days | 44/53 |
| Payables Period | 55 days | 28/51 |
| Cash Conversion Cycle | 94 days | 39/47 |
Income Statement
| Metric | FORM | Rank |
|---|---|---|
| Total Revenue | $902M | 39/56 |
| Operating Income | $116M | 31/57 |
| Net Income | $115M | 29/46 |
| R&D Expense | $121M | 41/55 |
| SG&A Expense | $137M | 44/56 |
| Cost of Goods Sold | $513M | 38/57 |
Dividend & Shareholder Information
| Metric | FORM | Rank |
|---|---|---|
| Shares Outstanding | 78M | – |
| Net Income Growth | 162.8% | 5/29 |
| EPS Growth | 68.4% | 13/32 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $670M | 49.9% of assets |
| Cash & Short-term Investments | $110M | 8.2% of assets |
| Accounts Receivable | $156M | 11.6% of assets |
| Inventory | $121M | 9.0% of assets |
| Total Liabilities | $231M | 17.2% of assets |
| Short-term Debt | $87M | 6.5% of assets |
Quarterly Financial Reports
FORM quarterly financials and insider trading
Industry Peers · Semiconductors & Related Devices
Formfactor Inc (FORM) industry peers
Companies classified under the same SEC industry code as Formfactor Inc (Semiconductors & Related Devices): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| FORM Formfactor Inc | $6.82B | |
| NVDA Nvidia Corp | $4.87T | |
| AVGO Broadcom Inc. | $1.59T | |
| AMD Advanced Micro Devices Inc | $789.95B | |
| AMAT Applied Materials Inc /De | $303.09B | |
| INTC Intel Corp | $302.49B | |
| TXN Texas Instruments Inc | $275.82B | |
| ARM Arm Holdings Plc /Uk | $244.33B | |
| ADI Analog Devices Inc | $203.42B | |
| MRVL Marvell Technology, Inc. | $191.46B | |
| ASX Ase Technology Holding Co., Ltd. | $85.95B | |
| NXPI Nxp Semiconductors N.V. | $64.74B | |
| MPWR Monolithic Power Systems, Inc. | $61.13B | |
| ALAB Astera Labs, Inc. | $44.88B | |
| STM Stmicroelectronics N.V. | $41.54B | |
| MCHP Microchip Technology Inc | $41.33B | |
| CRDO Credo Technology Group Holding Ltd | $28.38B | |
| ON On Semiconductor Corp | $27.90B | |
| Q Qnity Electronics, Inc. | $24.14B | |
| CBRS Cerebras Systems Inc. | $23.24B | |
| GFS Globalfoundries Inc. | $23.23B | |
| FSLR First Solar, Inc. | $19.01B | |
| MTSI Macom Technology Solutions Holdings, Inc. | $17.90B | |
| TSEM Tower Semiconductor Ltd | $17.42B | |
| NXT Nextpower Inc. | $13.83B | |
| LSCC Lattice Semiconductor Corp | $13.56B | |
| SITM Sitime Corp | $13.15B | |
| SWKS Skyworks Solutions, Inc. | $12.82B | |
| SMTC Semtech Corp | $11.33B | |
| AMKR Amkor Technology, Inc. | $9.76B | |
| RMBS Rambus Inc | $9.04B | |
| VIAV Viavi Solutions Inc. | $8.22B | |
| SLAB Silicon Laboratories Inc. | $7.41B | |
| AAOI Applied Optoelectronics, Inc. | $6.70B | |
| ALGM Allegro Microsystems, Inc. | $6.28B | |
| MXL Maxlinear, Inc | $6.14B | |
| CRUS Cirrus Logic, Inc. | $5.63B | |
| SYNA Synaptics Inc | $4.59B | |
| ENPH Enphase Energy, Inc. | $4.03B | |
| DIOD Diodes Inc /Del/ | $3.88B | |
| KLIC Kulicke & Soffa Industries Inc | $3.73B | |
| AXTI Axt Inc | $3.61B | |
| OSIS Osi Systems Inc | $3.17B | |
| IPGP Ipg Photonics Corp | $3.10B | |
| PENG Penguin Solutions, Inc. | $2.86B | |
| AMBA Ambarella Inc | $2.74B | |
| NLST Netlist Inc | $2.60B | |
| POWI Power Integrations Inc | $2.45B | |
| UCTT Ultra Clean Holdings, Inc. | $2.12B | |
| LASR Nlight, Inc. | $2.06B | |
| NVTS Navitas Semiconductor Corp | $1.87B | |
| SEDG Solaredge Technologies, Inc. | $1.86B | |
| HIMX Himax Technologies, Inc. | $1.82B | |
| PLAB Photronics Inc | $1.63B | |
| ICHR Ichor Holdings, Ltd. | $1.38B | |
| SHLS Shoals Technologies Group, Inc. | $1.28B | |
| WOLF Wolfspeed, Inc. | $1.10B | |
| AMBQ Ambiq Micro, Inc. | $1.05B | |
| AIP Arteris, Inc. | $924M | |
| TE T1 Energy Inc. | $842M |
Where FORM sits on the market map
Manufacturing · Semiconductors & Related Devices
News
Formfactor Inc (FORM) stock news
FormFactor, Inc. (FORM) Was Sold by Madison Small Cap Fund Despite Strong AI-Driven Fundamentals
Madison Investments, an investment advisor, released its “Madison Small Cap Fund” Q3 2026 investor letter. A copy of the ...
FormFactor, Inc. reports 2026 third quarter results
FormFactor, Inc. reported its financial results for the third quarter of fiscal 2026 ended September 26, 2026, with quarterly ...
FAQ
Formfactor Inc (FORM) stock forecast FAQ
What is the Formfactor Inc (FORM) stock forecast?
Our AI scores Formfactor Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Formfactor Inc stock predictions?
For FORM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 14.0%, measured on 358 forecast dates between 2022-08-16 and 2026-08-05 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 13.0%, measured on 400 forecast dates between 2022-08-16 and 2026-10-02. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Formfactor Inc forecasts updated?
Formfactor Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 3, 2026.
Which companies are Formfactor Inc's industry peers?
60 issuers in our coverage, FORM included, share the SEC industry code Semiconductors & Related Devices. The largest are: Nvidia Corp (NVDA), Broadcom Inc. (AVGO), Advanced Micro Devices Inc (AMD), Applied Materials Inc /De (AMAT), Intel Corp (INTC), Texas Instruments Inc (TXN).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.