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FormFactor rated Buy with 26% upside on strong semiconductor testing growth and solid Q2 results.

Company Fundamentals
15 Sep 2026
Seeking Alpha
View Source
Bullish
FormFactor rated Buy with 26% upside on strong semiconductor testing growth and solid Q2 results.

FormFactor is rated a Buy with a 26% upside potential to a $145 price target, driven by earnings growth and a 35x earnings multiple. The company benefits from increasing semiconductor complexity, advanced memory, and optical testing, which support both revenue growth and a higher-margin product mix. In Q2 2026, FormFactor reported revenues of $258.2 million, a GAAP gross margin of 50.7%, and adjusted EPS of $0.82, showing strong momentum. Key risks include customer concentration, delays in qualifying a new Texas facility, and potential margin compression after temporary benefits end.

FormFactor earnings and growth outlook provide context for market activity. For readers following the Technology sector, here is Pluang's market snapshot as of Sep 15, 2026 13:11 WIB: of 150 priced US Technology stocks tradable on Pluang, 61 rose and 82 fell today. Notable gainers include Autodesk Inc (ADSK) at USD 228.39 with a 7.53% increase, Braze Inc (BRZE) at USD 25.60 up 6.93%, and Godaddy Inc (GDDY) at USD 104.47 rising 6.53%.

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