FormFactor, Inc. (FORM) shares climbed 12.3% to $80.60 as of November 6, 2026, a sharp gain from the prior close of $71.76. BestStocks flagged the session as a major change for FORM. The move is tied to price move down. 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 12.3% to $80.59
FORM climbed 12.3% in its latest session, moving from $71.76 to $80.60.
Material / EarningsLow confidence
Rel. volume
0.8×
Below Avg
Vs peers
—
No comparable peers
Market cap
$6.3B
NASDAQ Global Select
Analyst target
$160
+98.5% vs price
Price chart
Oct 6 – Nov 6
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 balance of recent signals points to a bullish shift. On the constructive side: Material positive event; Strong 12.3% price move on light volume. Weighing against that: FormFactor reported earnings today, triggering an 8.04% intraday decline to $101.44; FormFactor fell 11.18% to $99.64, erasing $12.54 per share, with no identified negative catalyst in evidence. Wall Street's consensus price target sits at $160.00, implying +98.5% upside from $80.60. Over the past 90 days analysts logged 1 upgrade and 0 downgrades. BestStocks rates the overall signal quality low (56/100). With earnings roughly 89 days out, the next report is the most likely near-term test of the move.
FORM price reaction
FORM last traded at $80.60, up $8.84 (+12.31%) from the previous close of $71.76. The session traded on 0.8× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $71.76 and $141.30, and it currently sits about 13% of the way up that band.
Bullish and bearish analyst opinions on FormFactor, Inc. (FORM)
The consensus analyst price target on FormFactor, Inc. (FORM) is $160.00, 98.5% above the recent $80.60. Over the past 90 days analysts logged 1 upgrade, 4 maintains, and 0 downgrades. Here is how the bullish and bearish cases on FORM line up.
▲ The bullish case
+Wall Street's consensus price target of $160.00 implies +98.5% upside from $80.60.
+The Street's most bullish target is $200.00 (+148.2%).
+1 analyst upgrade in the past 90 days, most recently Freedom Capital Markets to Buy (2026-11-02).
+Material positive event.
+Strong 12.3% price move on light volume.
▼ The bearish case
−FormFactor reported earnings today, triggering an 8.04% intraday decline to $101.44.
−FormFactor fell 11.18% to $99.64, erasing $12.54 per share, with no identified negative catalyst in evidence.
−FormFactor filed a material event 8-K today, triggering a 6.2% intraday decline to $122.20 from $130.28 (SEC filing_snapshots).
Bull vs bear balanceBullish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bullish, 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 Nov 6, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Analyst expectations
Consensus target: $160+98.5%
↑ 1 upgrades= 4 maintains
Freedom Capital Markets upgraded to Buy · 2026-11-02
FormFactor surged 10.51% to $96.47, driven by attention to its new factory capacity and growth outlook. Seeking Alpha highlighted the factory as a key growth determinant, and CNBC and Yahoo Finance cited the stock move on November 3rd. Volume of 860,766 shares ran 0.62x the time-adjusted average, below typical levels for this point in the session.
Risk2026-10-29-11.6%
FormFactor reported earnings today, triggering an 8.04% intraday decline to $101.44. A same-day 8-K filing signals a material corporate event, though specific details were not disclosed in available sources. The sharp morning move reflects investor reaction to the reported results and the undisclosed material event.
Material / Earnings2026-10-28+3.2%
FormFactor, Inc. (FORM) reported EPS of $1.04 vs. consensus estimate of $0.86, beating by 20.6% on 2026-10-28.
FormFactor rose 6.00% to $107.18, supported by continued investor momentum following its $300 million strategic technology collaboration and equity investment deal with Teradyne Inc. announced earlier in October, per ca.investing.com and finance.yahoo.com. Semiconductor and AI demand tailwinds for high-performance compute and advanced packaging applications also underpin the move. Volume was 780,847 shares at 340 minutes into the session—0.44x the time-adjusted expected average, indicating below-average participation.
FormFactor fell 11.18% to $99.64, erasing $12.54 per share, with no identified negative catalyst in evidence. The company announced opening a Farmers Branch manufacturing facility to support probe card demand (Globe Newswire), a constructive development. The sharp decline occurred early in the session (55 minutes in) with volume assessment still pending; the sell-off diverges from the facility announcement and runs counter to upcoming earnings scheduled for October 28.
FormFactor, Inc. moved +7.32% intraday from $105.01 to $112.69. FormFactor Inc. (FORM) stock is trading up roughly 6.9% today because of a broad sector-wide rebound among semiconductor equipment manufacturers.The chip sector is recovering from a steep, multi-day correction. Today's rally is largely driven by a general "buy the dip" sentiment in the AI trade, alongside a 4% surge in the iShares Semiconductor ETF (SOXX) . Because there is no major company-specific news released by FormFactor today, the gains are moving in lockstep with the rest of its semiconductor equipment peers. ## FormFactor Inc (FORM) $112.28 6.92% today As of Oct 19, 10:15 AM EDT • Disclaimer 9:30 AM 9:40 AM 9:50 AM 10:00 AM 10:10 AM 106 108 110 112 Prev close $105.01 Oct 19, 2026 9:30 AM - 10:15 AM 1D 5D 1M 6M YTD 1Y 5Y Max| Open 110.46 | Mkt cap $8.77B USD | 52-wk high 160.27 | | High 113.00 | P/E ratio 77.08 | 52-wk low 40.60 | | Low 110.10 | Div yield- | ### Additional Recent Tailwinds While today's move is sector-driven, FormFactor's underlying momentum has been supported by notable developments over the past week: - $300 Million Equity Investment: Last week, Teradyne (TER) agreed to inject $300 million into FormFactor as part of a strategic partnership to accelerate n
FormFactor fell 6.63% to $119.59, driven by profit-taking and technical pullback after a multi-year AI-fueled rally that has left the stock trading at a high valuation multiple (P/E over 82), according to web research. The decline reflects broader consolidation and risk-off sentiment in semiconductor and equipment stocks. Trading volume stood at 688,530 shares (0.42x expected at this point in the session), below average for the time of day.
Risk2026-10-13-1.7%
FormFactor filed a material event 8-K today, triggering a 6.2% intraday decline to $122.20 from $130.28 (SEC filing_snapshots). The nature of the material event is not yet disclosed in the available evidence, but the filing's timing coincides with the sharp selloff in early trading.
In-depth FORM event analyses
Permanent, dated analyses of FORM's most significant sessions.
FORM climbed 12.3% to $80.60. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did FORM stock rise?
FORM gained 12.31% ($8.84) versus the prior close of $71.76, last trading at $80.60 on 0.8× average volume.
When is FormFactor, Inc.'s next earnings date?
FORM's next earnings report is estimated for 2027-02-03 — about 89 days away.
What is the analyst price target for FORM?
The consensus analyst price target for FORM is $160.00, about 98.5% above the current $80.60. Over the past 90 days, analysts recorded 1 upgrade, 4 maintains, and 0 downgrades.
How BestStocks tracks FORM
This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 20 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 November 6, 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.
