- FormFactor, Inc. (FORM, Financial) introduces EVOLVITY™ 300 to bolster its 300 mm product line, enhancing wafer probing capabilities.
- Analyst average target price suggests a potential upside of nearly 42% from the current stock price of $29.76.
- FormFactor holds an "Outperform" rating, with a favorable GF Value estimate indicating anticipated growth.
FormFactor, Inc. (FORM) is making significant strides in enhancing its product offerings by launching the EVOLVITY™ 300. This semi-automated system is poised to revolutionize wafer probing by providing solutions that simplify RF/DC modeling and device characterization. The EVOLVITY™ 300 brings flexibility and space efficiency, catering to a wide range of testing applications, and is a noteworthy addition to their advanced 300 mm product lineup.
Wall Street Analysts Forecast
Insights from nine analysts reveal that FormFactor Inc (FORM, Financial) holds an average price target of $42.22 for the next year, with projections ranging from a high of $52.00 to a low of $34.00. This suggests a promising upside potential of 41.88% from the current share price of $29.76. Investors seeking more comprehensive financial projections can explore the FormFactor Inc (FORM) Forecast page.
Furthermore, a consensus of recommendations from 10 brokerage firms positions FormFactor Inc (FORM, Financial) with an average brokerage recommendation of 2.5, reflecting an "Outperform" status. This is on a scale of 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Sell.
Looking at GuruFocus estimates, the one-year GF Value for FormFactor Inc (FORM, Financial) is projected at $40.91. This estimate points to an anticipated upside of 37.47% from the prevailing price of $29.76. The GF Value is a measure of the fair value that reliable stocks should achieve based on historical trading multiples and projections of the business's performance. For more in-depth analysis, visit the FormFactor Inc (FORM) Summary page.
