Why FormFactor, Inc. (FORM) stock moved
FormFactor, Inc. (FORM) shares climbed 7.6% to $121.07 as of August 11, 2026, a significant gain from the prior close of $112.47. 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.
FORM climbed 7.6% to $121.07
FormFactor rose 7.40% to $120.79, continuing post-earnings momentum from its late-July Q2 report, which posted record revenue of $258.2 million and beat earnings expectations (web_catalyst). The gain reflects sustained investor confidence in AI-driven semiconductor testing demand, particularly for high-bandwidth memory (HBM) and AI chip requirements. Volume stands at 819k shares, 0.64x average for this time of session. FormFactor earnings scheduled for November 4, 2026 (date pending confirmation); consensus EPS estimate $0.87. Monitor Q3 revenue and margin trends for continued alignment with AI-driven demand.
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 7.6% price move on light volume. Weighing against that: FormFactor, Inc. (FORM) moved -5.37% from $88.19 to $83.45 on 2026-07-29; FormFactor, Inc. (FORM) moved -6.14% from $117.52 to $110.30 on 2026-07-13. Wall Street's consensus price target sits at $150.50, implying +24.3% upside from $121.07. Over the past 90 days analysts logged 2 upgrades and 0 downgrades. BestStocks rates the overall signal quality low (55/100). With earnings roughly 85 days out, the next report is the most likely near-term test of the move.
FORM price reaction
FORM last traded at $121.07, up $8.60 (+7.65%) from the previous close of $112.47. The session traded on 0.7× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $83.45 and $121.07, and it currently sits about 100% 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 $150.50, 24.3% above the recent $121.07. Over the past 90 days analysts logged 2 upgrades, 2 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 $150.50 implies +24.3% upside from $121.07.
- The Street's most bullish target is $175.00 (+44.5%).
- 2 analyst upgrades in the past 90 days, most recently B. Riley Securities to Buy (2026-06-12).
- Material positive event.
- Strong 7.6% price move on light volume.
The bearish case
- The most bearish analyst target is $118.00 (-2.5%).
- FormFactor, Inc. (FORM) moved -5.37% from $88.19 to $83.45 on 2026-07-29.
- FormFactor shares fell 5.54% in early trading after Citigroup downgraded the stock to a lower rating.
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 Aug 11, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Previous notable changes for FORM
Frequently asked questions about FORM
Why did FormFactor, Inc. (FORM) stock move?
FORM climbed 7.6% to $121.07. The move coincided with the context summarized above, though no single company-specific catalyst was independently confirmed.
How much did FORM stock rise?
FORM gained 7.65% ($8.60) versus the prior close of $112.47, last trading at $121.07 on 0.7× average volume.
When is FormFactor, Inc.'s next earnings date?
FORM's next earnings report is estimated for 2026-11-04 — about 85 days away.
What is the analyst price target for FORM?
The consensus analyst price target for FORM is $150.50, about 24.3% above the current $121.07. Over the past 90 days, analysts recorded 2 upgrades, 2 maintains, and 0 downgrades.
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 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 August 11, 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.