Market open · Delayed intraday data · 2:13 PM ET
Last update: Jul 9, 2026, 2:02 PM ET
FormFactor, Inc.
$121.71 9.07% today
Market Open

Why FormFactor, Inc. (FORM) stock moved

Updated Jul 9, 2026

FormFactor, Inc. (FORM) shares climbed 9.1% to $121.71 as of July 9, 2026, a significant gain from the prior close of $111.59. BestStocks flagged the session as a major change for FORM. Below, we break down what changed for FORM, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

FORM climbed 9.1% to $121.71

FormFactor surged +8.28% to $120.83 intraday (from $111.59), though no immediate catalyst was identified in current news or evidence. The company is scheduled to announce Q2 2026 financial results on July 29th at 1:25 p.m. PT. FormFactor's Q2 2026 earnings call on July 29th; watch for any material news releases between now and that date that might explain today's move.

This summary describes the catalyst and move as first detected on Jul 9, 2026, 9:33 AM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
ActivityNo Peer ComparisonWeak confidence
Rel. volume
0.5×
Below Avg
Vs peers
No peer data
No Peer Data
Market cap
$9.5B
NASDAQ Global Select
Analyst target
$134
+10.1% vs price
Price chart
Jul 9
Not enough price data.
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for FormFactor, Inc. investors

For FormFactor, Inc. investors, the recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: Strong 9.1% price move on light volume; Positive price momentum. Weighing against that: FORM moved -3.98% from $123.59 to $118.67 on 2026-07-06.; New SEC filing — review for material disclosures. Wall Street's consensus price target sits at $134.00, implying +10.1% upside from $121.71. Over the past 90 days analysts logged 3 upgrades and 1 downgrade. BestStocks rates the overall signal quality weak (0/100). With earnings roughly 20 days out, the next report is the most likely near-term test of the move.

FORM price reaction

FORM last traded at $121.71, up $10.12 (+9.07%) from the previous close of $111.59. The session traded on 0.5× average volume (below avg), so participation was unremarkable.

Bullish and bearish analyst opinions on FormFactor, Inc. (FORM)

Latest catalyststrengthens the bull case
The latest catalyst — a materially positive development — it strengthens the bull case and confirms the prevailing bullish analyst lean.

The consensus analyst price target on FormFactor, Inc. (FORM) is $134.00, 10.1% above the recent $121.71. Over the past 90 days analysts logged 3 upgrades, 5 maintains, and 1 downgrade. Here is how the bullish and bearish cases on FORM line up.

The bullish case

  • Wall Street's consensus price target of $134.00 implies +10.1% upside from $121.71.
  • The Street's most bullish target is $175.00 (+43.8%).
  • 3 analyst upgrades in the past 90 days, most recently B. Riley Securities to Buy (2026-06-12).
  • Strong 9.1% price move on light volume.
  • Positive price momentum.

The bearish case

  • The most bearish analyst target is $64.00 (-47.4%).
  • 1 analyst downgrade in the past 90 days, most recently B. Riley Securities to Neutral (2026-04-13).
  • FORM moved -3.98% from $123.59 to $118.67 on 2026-07-06.
Bull vs bear balanceNeutral / Mixed
BearishNeutralBullish
The latest catalyst moved the balance toward the bulls — the hollow tick marks where it sat before.

Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Jul 9, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $134+10.1%
3 upgrades= 5 maintains1 downgrades
B. Riley Securities upgraded to Buy · 2026-06-12
SEC filings watch
8-K2026-05-19
Material event — review for impact
high
10-Q2026-05-05
Quarterly financial results
medium
8-K2026-04-29
Material event — review for impact
high
DEF 14A2026-04-02
Annual proxy — exec compensation & governance
low
Peer context
FORM+9.1%

Previous notable changes for FORM

Activity2026-07-08
FORM moved +5.22% from $106.05 to $111.59 on 2026-07-08.
Risk2026-07-06
FORM moved -3.98% from $123.59 to $118.67 on 2026-07-06.
Risk2026-07-02via Yahoo Finance
FormFactor shares fell 5.54% in early trading after Citigroup downgraded the stock to a lower rating. The downgrade triggered selling pressure in the semiconductor testing company's shares.
Risk2026-07-01via zacks.com
FORM fell 6.93% to $148.84 intraday on below-average volume (0.55x expected). No earnings, guidance, or dated catalyst event was found to explain the decline today.
Upcoming catalysts & outlook
Next earnings
2026-07-29 (est.)
in 20 days
10-Q Filing (est.)
2026-08-04
Medium impact
Thesis shift
Neutral / Mixed
bullish signal
Risk level
High
from change events

Frequently asked questions about FORM

Why did FormFactor, Inc. (FORM) stock move?

FORM climbed 9.1% to $121.71. The move is tied to the catalyst and context summarized above, not unexplained technical trading.

How much did FORM stock rise?

FORM gained 9.07% ($10.12) versus the prior close of $111.59, last trading at $121.71 on 0.5× average volume.

When is FormFactor, Inc.'s next earnings date?

FORM's next earnings report is estimated for 2026-07-29 — about 20 days away.

What is the analyst price target for FORM?

The consensus analyst price target for FORM is $134.00, about 10.1% above the current $121.71. Over the past 90 days, analysts recorded 3 upgrades, 5 maintains, and 1 downgrade.

How BestStocks tracks FORM

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared FORM-specific materiality thresholds, triggering an evidence check. It draws on 7 tracked change events for FORM, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of July 9, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.