FormFactor Inc
FormFactor Inc (FORM) designs and supplies test and measurement solutions for the semiconductor industry, specialising in probe cards, wafer-level test interfaces and analytical probes used during chip development and manufacturing. Its customers include leading semiconductor manufacturers and research organisations that need precision contact and measurement equipment as chips become denser and more complex. Revenue tends to track semiconductor capital expenditure cycles: demand can expand rapidly with new technology nodes and advanced packaging, yet fall back in industry slowdowns. Key considerations for investors are exposure to cyclical end-markets, technological relevance as packaging and test needs evolve, and execution on product innovation and customer relationships. With a market capitalisation around $3.36bn, FormFactor is a mid-cap equipment supplier whose performance depends on industry investment patterns, competition in the test space and broader macroeconomic conditions. This is educational information only and not personalised financial advice; investors should assess suitability against their own goals and risk tolerance.
Stock Performance Snapshot
Analyst Rating
Analysts suggest buying FormFactor's stock, expecting it to hold near its target price of $53.
Financial Health
FormFactor is performing well with solid revenue and cash flow, indicating a healthy business.
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Baskets Featuring FORM
Beyond The Blue: Capitalizing On Intel's Pivot
Intel is undergoing a major restructuring, including significant workforce reductions and canceling new factory plans to improve its financial health. This strategic pivot could benefit competing semiconductor manufacturers and foundry services who may capture the market share and manufacturing contracts that Intel is forgoing.
Published: July 27, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Test and Measurement Growth
Complex chips and higher quality requirements can boost demand for FormFactor's test solutions, though revenue is cyclical and can fluctuate with industry investment.
Advanced Packaging Focus
Products used in advanced packaging and wafer-level testing align with industry trends toward denser integration, but outcomes depend on technology adoption rates.
Global Cycle Exposure
Broad exposure to global chipmakers offers upside during expansion phases, yet also brings sensitivity to downturns, supply-chain shifts and geopolitical factors.
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
ASML Holding NV
ASML Holding is a technology company that produces equipment and software used in chip production.
Advanced Micro Devices, Inc.
Advanced Micro Devices produces computer processors and graphics processors for consumer and enterprise applications.
Applied Materials, Inc.
Applied Materials is a global supplier of equipment and services to the semiconductor, display and related industries.
