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0 0 0.0163123552936224 0.0178909703220373 0.00368343506630177 0.0310987160597769 0.0299936855398863 0.0239949484319091
Stock impact report

FormFactor: Don't Fear The Valuation, The HBM4 Earnings Inflection Is Here [Seeking Alpha]

FormFactor, Inc. (FORM) 
Last formfactor, inc. earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.formfactor.com
Company Research Source: Seeking Alpha
HBM4's higher test intensity driven by a higher layer count and a pin count doubling from HBM3E should lead probe cards to wear out faster and drive faster replacement cycles. Despite near-term capacity constraints and cost headwinds, I expect FORM revenues to grow 18.5% YoY, beyond the current target model, and drive an adjusted operating margin expansion in FY 2026. FormFactor's growing momentum in foundry and logic probe cards, highlighted by customer traction in GPU and custom ASIC applications, could help drive a rerating near its direct peer's, Technoprobe, levels. I'm initiating FORM stock with a Buy rating and a $122 price target, a 25% potential upside from its current valuation. KanawatTH/iStock via Getty Images FormFactor, Inc. ( FORM ) is one of the best performing stocks this year as it is up 75% YTD. Since reporting Q4 2025 earnings on February 4th, the stock has been on a strong run, setting This article was written by Analyst's Disclosure: I/we have no s Show less Read more
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