FormFactor, Inc. (FORM)

Over the past six months, FormFactor, Inc.'s stock has experienced notable movements. The share price increased by 45.93% between January 10, 2025, and January 8, 2026. In July 2025, FormFactor reported its second-quarter results with revenues of $195.8 million, driven by strength in HBM and Foundry & Logic probe cards. In October 2025, FormFactor announced its third-quarter results with revenues of $202.7 million, with DRAM probe cards recording double-digit growth. In November 2025, FormFactor announced it had begun site work for its new manufacturing facility in Farmers Branch, Texas. In December 2025 - January 2026, the stock reached a new 1-year high of $68.85, and insider selling by CEO Mike Slessor was reported.

FormFactor, Inc. experiences some demand seasonality for its products and services, as indicated by a sequential decrease in Systems segment revenues in Q1 2025. However, overall demand is significantly influenced by broader trends in the semiconductor industry, such as the global chip shortage. The company anticipates increased demand across major markets and segments, particularly in HBM DRAM and Foundry and Logic probe cards, driven by hyperscaler investments in generative AI.

FormFactor, Inc. is a leading provider of test and measurement technologies for the semiconductor industry, operating in semiconductor equipment and testing. Its products include high-performance probe cards, analytical probes, probe stations, thermal systems, and cryogenic systems, crucial for obtaining electrical information from semiconductor and electro-optical devices. FormFactor's technologies are utilized in computing, data centers, quantum computing, 5G and 6G communications, automotive, and aerospace and defense industries.

FormFactor, Inc. has a significant global presence, with its headquarters in Livermore, California, and an international network of facilities across North America, Europe, and Asia. In North America, it has locations in Oregon, Colorado, California, and Massachusetts, with a new facility in Texas. European operations include facilities in Germany, France, and Italy. In Asia, the company has a presence in Taiwan, South Korea, Singapore, and Japan. This network enables FormFactor to serve its multinational customer base effectively.

FormFactor, Inc. has maintained a strong brand reputation, particularly within the semiconductor industry. In May 2024, the company was recognized as a top performer in TechInsights' customer satisfaction survey, earning five-star ratings in multiple categories. This marked the eleventh consecutive year that FormFactor was selected in "THE BEST Suppliers of Test Subsystems," highlighting consistent customer satisfaction. No significant events negatively affecting FormFactor's reputation in the past year were found.

FormFactor, Inc. has significant institutional ownership, with 590 institutional owners holding a total of 96,826,774 shares, ranging from approximately 87.42% to 97.7% of the company's stock. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and others. Individual insiders own a smaller portion, approximately 0.845% to 0.96% of the company's stock.