
FormFactor (FORM) Stock Forecast & Price Target
FormFactor (FORM) Analyst Ratings
Bulls say
FormFactor Inc. is positioned for growth as management anticipates an upward trend in sales for the full year, driven by a potential rebound in foundry/logic probe card revenue, particularly due to Intel's involvement. The company expects probe card revenue to grow at a low single-digit percentage in 2025, with engineering systems revenue projected to exceed 5% growth during the same period, indicating a positive outlook for both segments of the business. Additionally, FormFactor's strategic expansion into advanced wafer probe cards and engineering-focused measurement systems, along with new business opportunities in the high-bandwidth memory market, supports the forecast of a recovery towards the $200 million revenue run rate.
Bears say
FormFactor Inc's financial outlook is negatively impacted by a decline in revenue, particularly in its Probe Cards Segment, which saw a 9% quarter-over-quarter decrease, primarily driven by a significant 23% drop in foundry-logic revenue. The company faces further challenges, as it guided for a sequential revenue decline in the first quarter of 2025 that is well below consensus expectations, alongside a concerning shift in customer dynamics with Intel no longer being a significant client. Additionally, ongoing semiconductor market downturns and pressures on gross margins, particularly due to an unfavorable product mix, raise serious concerns about the company’s ability to achieve growth in 2025 and beyond.
This aggregate rating is based on analysts' research of FormFactor and is not a guaranteed prediction by Public.com or investment advice.
FormFactor (FORM) Analyst Forecast & Price Prediction
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