TickerTalks
Browse all tickers →
TickerTalks›$FORM
FOFORM

FormFactor, Inc.

Strong FundamentalsStrong FundamentalsRevenue growing 32% YoY at strong marginsCatalyst pendingConsistent chatter on X (965/wk), no spike
$FORM·$9.2B·Semiconductors·Technology
$105.57-1.4%YTD+82.5%1Y+194.0%
Mentions · last 7 days
2026-07-11: 97 posts2026-07-12: 132 posts2026-07-13: 146 posts2026-07-14: 84 posts2026-07-15: 71 posts2026-07-16: 34 posts2026-07-17: 25 posts607+9%
Price updated 4h ago·X counts updated 4h ago
FOFORM
$FORMFormFactor, Inc.
$105.57-1.44%607 posts+9%
AI analysisFundamentalsVoices on X
Loading…

AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $FORM, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersEvent coming upAI verdict · as of 2026-07-17

A known event soon (earnings, a ruling, etc.) will likely decide the next move.

The specific probe-card supplier for the semiconductor capex cycle — July 29 has to confirm the mix.

FormFactor makes the wafer-probe cards and test systems that semiconductor fabs use to qualify every advanced-node chip before it ships. The stock is up 205% over twelve months as the AI-capex cycle drove test-equipment demand, and is now digesting into July 29 earnings.

What the picture looks like:

  • Fundamentals justify the AI-adjacent multiple: 42% gross margin and 13% operating margin on a specialty semi-cap name is best-in-class economics for the probe-card category, which is why the 133x TTM P/E holds up under scrutiny.
  • The demand thesis is confirmed by sector rotation: FORM is grouped alongside UCTT, ICHR and ONTO as the semi-cap recovery cohort — meaning the setup is a category flow, not just FORM-specific momentum.
  • The tape has cooled sharply: sitting 18% below the 50-day but still 19% above the 200-day, at 60% of the 52-week range with volume 42% below average — a coiled pullback into the print.
  • The chatter noise is worth naming: some X mentions of $FORM reference a BNB pumpfun-style crypto token at $86M market cap, unrelated to the equity — filter to the semi-cap posts for the actual signal.

July 29 earnings is the trigger. A number confirming order-intake growth plus commentary on advanced-node testing extends the leg; a soft print with muted memory-test commentary is the specific setup for the pullback to extend to the 200-day.

Agrees with X sentimentX is bullish on the semi-cap recovery theme with FORM grouped alongside UCTT, ICHR and ONTO, and the sector rotation is real. The chatter noise around a $FORM crypto token is a ticker-collision — filter the corpus to the semi-cap-focused posts for the equity signal.

What to watch: The July 29 print — order-intake trajectory, advanced-node testing revenue mix, and any FY guide change. Above-consensus orders plus advanced-node revenue growth extend the leg; a soft memory-test print is what activates the deeper pullback.

On the calendar: 2026-07-29 — Q2 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment6 posts analyzed · as of 2026-07-12

Posts describe FormFactor among leading stocks alongside UCTT, ICHR, and ONTO amid the semi-cap recovery. Bulls add on sector rotation-driven weakness. Separate content covers a BNB pumpfun-style $FORM crypto at a $86M market cap watching for a break above $0.267 to send higher, in contrast to the Solana pumpfun equivalent at $700M.

Read the AI verdict + X sentiment for $FORM

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
Free, forever. No credit card.

What it does

Plain-English summary of the business — what they sell and how they make money.

Makes semiconductor probe cards and analytical tools used to test chips at wafer level before packaging.

Industry overviewAI analysisGenerated by AI from underlying data

Where Semiconductors sits in its cycle right now — and what that implies for $FORM.

Semiconductors · Technology

No material change from last week — structural AI capex engine unchanged: hyperscaler Blackwell allocation stays tight through 2H26 and HBM3e pricing holds as LLM context-window expansion drives 5-8x per-server memory demand uplift.

What this means for $FORM

Partial — Makes semiconductor probe cards and analytical tools used to test chips at wafer level before packaging; this segment overlaps with the AI capex and HBM/compute demand cycle but is not the dominant revenue driver.

Top industry ETF

$SMHVanEck Semiconductor ETF
+50.8%YTD
+90.8%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
132.9How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
8.0%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
12.7%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
0.4%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
10.8Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
6.7%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
42.1%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.0Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026Apr 29, 2026$0.56$0.45+24.4%
Q4 2025Feb 4, 2026$0.46$0.35+31.4%
Q3 2025Oct 29, 2025$0.33$0.25+32.0%
Q2 2025Jul 30, 2025$0.27$0.30-10.0%
Next earningsWed, Jul 29·consensus EPS $0.61

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$226.1M+32.0%47.9%20.8%$0.26$29.8M
Q4 FY25$215.2M+13.6%42.8%13.1%$0.30$34.7M
Q3 FY25$202.7M-2.5%39.7%9.4%$0.20$19.5M
Q2 FY25$195.8M-0.8%37.2%6.3%$0.12$-47.4M

Forward consensus

3-year forecast · up to 8 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$963.5M$952.0M – $971.5M$2.45$2.30 – $2.507
FY27$1.1B$1.0B – $1.3B$3.07$2.76 – $3.528
FY28$1.1B$1.0B – $1.2B$2.89$2.65 – $3.142

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.0×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.59%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-18.7%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+16.4%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJul 15Mike SlessorCEO4.7K sh$560KSellJun 15St Dennis ThomasDirector2.8K sh$424KSellJun 10Mike SlessorCEO11.9K sh$1.4MSellJun 2Sheri RhodesDirector6.3K sh$794KSellMay 21Rebeca Obregon-jimenezDirector3.8K sh$484KSellMay 20Brian C WhiteDirector3.3K sh$410KSellMay 19St Dennis ThomasDirector1.0K sh$116KSellMay 15Kelley Steven-waissDirector5.4K sh$678KSellMay 13Jorge TitingerDirector4.0K sh$516KSellMay 13Mike SlessorCEO9.4K sh$1.2M
1–10 of 17
+ 23 other (8 inkinds · 8 exempts · 6 awards · 1 gift) in window

See when $FORM insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KOfficer or director changeMay 198-K — Item 5.02: Officer or director change · Item 5.03: Charter amendment · Item 5.07: Shareholder vote
AI summary

FormFactor, Inc. held its 2026 Annual Meeting of Stockholders on May 15, 2026, at which shareholders approved: (1) an amendment to the 2012 Equity Incentive Plan increasing authorized shares by 5,000,000; and (2) an amendment to the Certificate of Incorporation providing officer exculpation as permitted under recently amended Delaware law. The equity plan adds 5M shares for compensation grants; the officer exculpation provision aligns FormFactor with the Delaware trend of expanding officer liability protection (paralleling existing director protections). Both actions are governance-oriented with modest shareholder impact.

8-KOfficer or director changeFeb 188-K — Item 5.02: Officer or director change · Item 7.01: Press release / Reg FD
+ 13 other (4 13Gs · 2 earnings 8-Ks · 2 proxys · 1 SD) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

FormFactor Jumps 111% YTD: Is There More Room for the Stock to Rise?zacks.com·5d agoFormFactor to Announce Second Quarter 2026 Financial Results on July 29thglobenewswire.com·9d agoCan AI Infrastructure Demand Keep Driving FormFactor Stock Higher?zacks.com·11d agoWhich Small Cap ETF Is the Better Buy in 2026? iShares and JPMorgan Have Compelling Offeringsfool.com·11d ago4 Semiconductor Stocks to Buy Right Now to Ride on the AI Capex Boomzacks.com·18d ago

In themes

Explore the broader themes this ticker is being talked about under.

Quantum ComputingSemiconductor OnshoringAdvanced Packaging & AI Interconnect

More in Semiconductors

Peers in the same group — one click to compare setups, fundamentals, and chatter.

$NVDA$MU$AMD$AVGO$INTC$AAOI$ARM$SKHY
Voices on X · top 1 · last 7 days

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

PrivacyTermsSupport