FormFactor reported a strong third quarter with revenue up 38.5% year-over-year and gross margins rising to 54.7%, helped by tariff refunds. However, capacity constraints are limiting near-term growth, and the upcoming factory expansion won't immediately ease these limits, potentially affecting profitability in 2027. Despite solid demand, the stock price dropped about 10% as investors worry about limited margin expansion and the company's valuation appears high. The analyst remains cautious and prefers to stay on the sidelines for now.
FormFactor's stock price has declined significantly, down 8.17% to USD 101.30 on Pluang, reflecting investor caution despite the company's strong revenue growth. The stock is trading well below its 52-week high of USD 159.93 as of Oct 29, 2026, 23:21 WIB.
