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FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, and other semiconductor testing solutions critical for AI chip development.

Snapshot
Country USA USA
ExchangeNasdaq
AI Layer chipsinfra
Category 2.40 Photonic Components, Transceivers & Integration
Sentiment 58.0%
USD Mkt Cap8.98B
USD Revenue902.23M
USD Net Income115.47M
P/E79.28
fwd P/E33.08
PEG1.39
Price 3M-16.3%
Price 6M+28.0%
Price 1Y+281.8%
Price 2Y+161.0%
USD Share Price115.07
Price History
Price & Size
Price 114.95 USD
Market Cap 8.98B USD
Shares Outstanding 78.12M
Shares Float 77.44M
52w Low 30.20 USD
52w High 160.27 USD
Avg Volume 1.51M
Valuation
P/E (trailing) 79.3x
P/E (forward) 33.1x
P/B 8.08x
Enterprise Value 8.66B USD
Book Value / Share 14.23 USD
PEG Ratio 1.39x
P/S 9.95x
EV / Revenue 9.60x
EV / EBITDA 46.39x
Income
Revenue 902.23M USD
Revenue / Share 11.61 USD
EBITDA 186.77M USD
Net Income 115.47M USD
EPS (trailing) 1.45 USD
EPS (forward) 3.48 USD
Margins & Profitability
Gross Margin 46.2%
Operating Margin 24.1%
Profit Margin 12.8%
EBITDA Margin 20.7%
Return on Equity 11.0%
Return on Assets 7.4%
Growth
Revenue Growth 31.9%
Earnings Growth 502.5%
Cash & Debt
Total Cash 345.64M USD
Total Debt 29.91M USD
Free Cash Flow 114.85M USD
Operating Cash Flow 179.73M USD
Debt / Equity 0.03x
Current Ratio 4.08x
Quick Ratio 3.09x
Dividend
Payout Ratio 0.0%
Risk
Beta 1.24
Analyst Consensus
Target (Mean) 138.62 USD
Target (Median) 157.50 USD
Target (High) 175.00 USD
Target (Low) 64.00 USD
Recommendation none
# Analysts 8
Identifiers
ISINUS3463751089
CUSIP346375108
FIGIBBG000D1ZG62
SEDOLB1HL0X6
Sentiment 58.0%
Positive drivers

Strong demand for advanced probe cards driven by AI chip testing needs boosted FormFactor's order backlog. Positive analyst coverage highlighted the company's role in supporting next-gen semiconductor nodes. Recent partnerships with major foundries signaled expanding market share in high-growth segments.

Neutral / mixed

Broader semiconductor market volatility created mixed trading patterns without clear directional momentum. Earnings results met expectations but offered limited upside surprises amid industry cyclicality. Regulatory and geopolitical factors in chip supply chains remained stable but unremarkable during the period.

Negative drivers

Slower-than-expected adoption of certain legacy products weighed on revenue diversification. Increased competition from Asian suppliers pressured margins in mid-tier segments. Macroeconomic uncertainty around interest rates contributed to cautious investor sentiment toward tech hardware stocks.

Bottom line

Sentiment for FormFactor remains mildly positive on AI tailwinds but tempered by competitive and cyclical headwinds, resulting in a balanced outlook for the stock.