FormFactor

FORM

Market cap $7.19B

Does FormFactor (FORM) have what it takes to be a top stock pick for momentum investors? Let's find out.

As a key probe card supplier to the top-3 HBM makers, FormFactor, Inc. is in a favorable position in 2026 with the beginning of HBM4 mass production. 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.

A director at FormFactor sold 3,000 shares directly for a transaction value of around $289,000 on Feb. 11, 2026. The company announced on Feb. 18 that the director is retiring from the board.

Director Kevin Brewer sold 3,000 shares on Feb. 11, 2026, for a transaction value of ~$289,000 at around $96.20 per share. The transaction represented 27.01% of Mr.

First Eagle Small Cap Opportunity Fund A Shares (without sales charge*) posted a return of 1.71% in fourth quarter 2025. Small Cap Opportunity Fund A Shares (without sales charge*) posted a return of 1.71% in fourth quarter 2025.

LIVERMORE, Calif., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Kevin Brewer, a director of FormFactor, Inc. ("FormFactor") since 2024, notified FormFactor of his decision to retire from service on our Board of Directors ("Board") following the completion of his current term. Consequently, Mr. Brewer will not stand for re-election to our Board at our 2026 Annual Meeting of Stockholders, which FormFactor anticipates holding on May 15, 2026. Mr. Brewer's decision to not stand for re-election is not due to any disagreement with FormFactor on any matter relating to FormFactor's operations, policies or practices.

FormFactor is rated Buy, driven by rising earnings power amid AI-driven test complexity and advanced packaging demand. FORM's margin expansion and operational improvements, highlighted in Q4 2025 results, support a premium valuation despite high multiples. Key growth catalysts include the Texas manufacturing ramp, silicon photonics expansion, and a pivotal May 2026 Analyst Day.

LIVERMORE, Calif., Feb. 12, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) is pleased to announce its participation in the following investor conferences.

Does FormFactor (FORM) have what it takes to be a top stock pick for momentum investors? Let's find out.

FormFactor (FORM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.