Company Profile · Technology

FormFactor Inc

FORM · US
Exchange
US
Country
USA
IPO date
Jun 12, 2003
Employees
2,153
Current Price
$149.55
Live · Jun 18, 2026
Fair Buy
≤ $45
Margin-of-safety entry
Baillie Growth Score
39/100
Weak
Intrinsic Value · Three-Tier Range Current price $149.55 Live · Above the optimistic ceiling · future growth overdrawn

Composite valuation range · conservative $20–$30 / fair $35–$55 / optimistic $60–$80. At $149.55, Above the optimistic ceiling · future growth overdrawn.

At publication $124.25 (Jun 9, 2026)

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, such as graphics, central, digital processing units, and other custom application-specific processing units; mobile application processors, microprocessors, and microcontrollers; network devices, which include switches and network processing units; dynamic random-access memory; radio-frequency amplifiers and filters; antenna-in-package devices; analog and mixed-signal integrated circuits; image sensors; co-packaged optical integrated circuits; NAND flash memory; NOR flash memory; and quantum computer processor devices. It also offers analytical probes, which are used for device characterization, electrical simulation model development, failure analysis, and prototype design debugging; probe stations, a critical tool for the development of new generations of semiconductor and electro-optical processes and designs; and thermal subsystems, which include thermal chucks and other test systems used in probe stations and other applications for precise temperature management. In addition, the company provides cryogenic systems, which includes the manufacture of precision cryogenic instruments and semiconductor test and measurement systems; and services and support, including installation services. Further, it offers on-site probe card maintenance and service training, seminars, and telephone support services. It markets and sells its products through direct sales force, manufacturers' representatives, and distributors. The company was incorporated in 1993 and is headquartered in Livermore, California.

Market cap$10.91B
Revenue (TTM)$839.78M
EBITDA$137.39M
Profit margin8.14%
ROE6.75%
P/E (TTM)160.86
Forward P/E58.82
PEG1.39
EPS$0.87
52-week range$26.08 – $159.09
Analyst target$144.67
Analyst rating3.7 / 5

Data from EODHD, shown in the reporting currency; for reference only, not investment advice.

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