FORM — FormFactor Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About FormFactor Inc

FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally. The company operates in two segments: Probe Cards and Systems segments. The company provides probe cards to test various semiconductor device types, including systems- on-chip products, su… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$133.03
Market Cap$9.98B
Float77.4M
Shares Outstanding78.0M
P/E (Forward)61.35
P/E (TTM)147.13
Price/Sales (TTM)11.88
vs. Analyst Target+8.7% to analyst PT
Profit Margin8.14%
Operating Margin (TTM)17.67%
Revenue (TTM)$840M
Earnings Growth (YoY)225.00%
Dividend RateNone
Analyst Target Price$144.67 (10 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $694M $78.5M $288M $135M
2021 $770M $83.9M $323M $144M
2022 $748M $50.7M $296M $96.5M
2023 $663M $82.4M $259M $82.8M
2024 $764M $69.6M $308M $113M
2025 $785M $54.4M $307M $111M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $196M $9.1M
Sep 2025 $203M $15.7M
Dec 2025 $215M $23.2M
Mar 2026 $226M $20.4M

Ownership & Float

Insider Ownership0.7%
Institutional Ownership98.4%
Short Float4.0%
% of All Funds Holding4.50%
Number of Funds Holding370

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$129.07Near-term / short-term trend
Weekly40-Week SMA$77.50Medium-term trend
Weekly80-Week SMA$56.04Cyclical trend (business cycle)
Weekly200-Week SMA$44.53Secular trend (multi-year)
Monthly10-Month SMA$76.67Near-term monthly trend
Monthly20-Month SMA$55.56Medium-term monthly trend
Monthly40-Month SMA$48.05Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$99.00 support 1.62x 0 months ago
$71.00 support 1.45x 2 months ago
$58.00 support 1.52x 3 months ago
$36.20 support 1.74x 6 months ago
$28.30 support 1.02x 7 months ago

Historical Earnings Reactions (92 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.64% 1.29% 56.52% 23.44% -24.03%
1 Day 1.12% 0.05% 50.00% 31.05% -24.13%
1 Week 0.95% 0.83% 51.09% 30.89% -32.98%
2 Weeks 0.64% -0.95% 46.74% 32.12% -30.81%
1 Month 1.93% 1.49% 52.75% 48.05% -33.48%

Next earnings: July 18, 2026 (51 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-0.6%43.5%23
Feb3.3%60.9%23
Mar1.8%60.9%23
Apr-1.3%43.5%23
May6.7%68.2%22
Jun4.1%59.1%22
Jul-1.9%43.5%23
Aug-1.4%52.2%23
Sep1.2%52.2%23
Oct1.0%47.8%23
Nov5.6%65.2%23
Dec1.4%56.5%23

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.07% 48.2% 1082
Tuesday 0.09% 49.6% 1187
Wednesday 0.29% 50.9% 1186
Thursday 0.08% 48.1% 1161
Friday -0.11% 46.6% 1158

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 98.4%

Insider Transactions — Smart Summary

Total insider ownership: 0.7%

12-Month Insider Activity Summary

Total Filings29
Net Value-$9.4M
Net Shares Change-185,473
% of Float-0.2%
C-Suite Filings11
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
WHITE BRIAN C -$1.1M 3 3 sell
St Dennis Thomas -$813,194.664 2 2 sell
Rhodes Sheri -$706,973.289 1 1 sell
STEVEN-WAISS KELLEY -$678,240.54 1 1 sell
Titinger Jorge -$516,299.065 1 1 sell
Obregon-Jimenez Rebeca -$484,146.3 1 1 sell
BREWER KEVIN J -$288,600 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-02-10 – 2026-02-18 8 8 -$3.7M 1 C-suite
2026-05-14 – 2026-05-22 6 6 -$3.4M 1 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-22 Obregon-Jimenez Rebeca -$484,146.3 Transaction at $126.47, now +5.2%
2026-05-21 WHITE BRIAN C -$409,500 Transaction at $126.00, now +5.6%
2026-05-15 Titinger Jorge -$516,299.065 Transaction at $128.78, now +3.3%
2026-05-15 STEVEN-WAISS KELLEY -$678,240.54 Transaction at $125.60, now +5.9%
2026-05-21 St Dennis Thomas -$115,839.9 Transaction at $115.84, now +14.8%
2026-02-25 WHITE BRIAN C -$230,023 Transaction at $100.01, now +33.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for FormFactor Inc (FORM) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for FORM on Trend Edge →