FormFactor, Inc. (FORM)

FormFactor's stock has experienced notable events and price movements in the past six months. In October 2025, FormFactor reported its third-quarter financial results. In December 2025, FormFactor announced the acquisition of Keystone Photonics. In February 2026, the company reported strong fourth-quarter results and announced board transitions. In March 2026, FormFactor introduced its Flatiron™ Dilution Refrigerator and Rohde & Schwarz joined FormFactor's MeasureOne Partner Program; insider selling activity was also reported. In April 2026, FormFactor's shares jumped due to the de-escalation of the U.S.-Iran conflict and the reopening of the Strait of Hormuz; the stock also saw unusually high options trading volume and the company is scheduled to announce its first-quarter financial results.

The semiconductor industry, in which FormFactor operates, is subject to cyclicality and seasonality, which can influence its financial results. While there can be seasonal fluctuations, particularly in certain product segments, overall demand is strongly influenced by broader industry trends and technological advancements like AI.

FormFactor, Inc. is a leading provider of test and measurement technologies for the semiconductor industry, offering high-performance probe cards, analytical probes, probe stations, thermal systems, and cryogenic systems. These products are essential for testing various semiconductor devices, including SoC products, mobile application processors, microprocessors, memory, and analog/mixed-signal integrated circuits, as well as solutions for quantum computing development.

FormFactor has a global network of manufacturing facilities, R&D centers, and sales and support offices across North America, Europe, and Asia, with a strong focus on countries such as Taiwan, South Korea, China, and Japan. In November 2025, FormFactor began construction on a new advanced manufacturing facility in Farmers Branch, Texas, to expand its U.S. footprint and support the domestic semiconductor supply chain.

FormFactor maintains a strong brand reputation as a leading provider of essential test and measurement technologies in the semiconductor industry. In November 2024, FormFactor received the SK hynix Best Partner Award. The company also had a low ESG risk rating of 17.1% in February 2024.

FormFactor, Inc. has a diverse ownership structure, primarily dominated by institutional investors, who own approximately 57.28% to 97.57% of the company's stock. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Earnest Partners Llc, State Street Corp, Bank Of America Corp /de/, Morgan Stanley, Reinhart Partners, Inc., Primecap Management Co/ca/, Geode Capital Management, Llc, and Dimensional Fund Advisors Lp. Individual investors and public companies hold a smaller portion, with insiders owning approximately 0.84% to 5.59% of the stock. The largest individual shareholder is Igor Y. Khandros.