Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 1, 2026, FormFactor, Inc. (FORM) has a Wall Street consensus price target of $76.29, based on estimates from 19 covering analysts. With the stock currently trading at $98.88, this represents a potential downside of -22.8%. The company has a market capitalization of $7.63B.
Analyst price targets range from a low of $55.00 to a high of $100.00, representing a 59% spread in expectations. The median target of $75.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 9 analysts rating the stock as a Buy or Strong Buy,9 rating it Hold, and 1 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, FORM trades at a trailing P/E of 111.1x and forward P/E of 55.4x. The forward PEG ratio of 4.70 reflects a premium valuation. Analysts expect EPS to grow +164.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $95.90, with bear and bull scenarios of $-64.18 and $141.33 respectively. Model confidence stands at 50/100, reflecting moderate uncertainty in projections.
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Start ComparisonFORM's consensus price target is $76.29, -22.8% below the current price of $98.88. The 19 analysts tracking FORM see downside risk at present valuations.
FORM has a consensus rating of "Buy" based on 19 Wall Street analysts. The rating breakdown is mixed, with 9 Hold ratings making up the largest segment. The consensus 12-month price target of $76.29 implies -22.8% downside from current levels.
At a forward P/E of 55.3981x, FORM trades at a premium valuation. The consensus price target of $76.29 (-22.8% downside) suggests analysts may view current valuations as stretched.
The most bullish Wall Street analyst has a price target of $100 for FORM, while the most conservative target is $55. The consensus of $76.29 represents the median expectation. Our quantitative valuation model projects a bull case target of $141 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
FORM is well covered by analysts, with 19 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 9 have Buy ratings, 9 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month FORM stock forecast based on 19 Wall Street analysts shows a consensus price target of $76.29, with estimates ranging from $55 (bear case) to $100 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $96, with bear/bull scenarios of $-64/$141.
Our quantitative valuation model calculates FORM's fair value at $96 (base case), with a bear case of $-64 and bull case of $141. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.
FORM trades at a forward P/E ratio of 55.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 111.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on FORM, with 1 Sell ratings and a price target of $76.29 (-22.8% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
FORM analyst price targets range from $55 to $100, a 59% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $76.29 consensus represents the middle ground. Our model's $-64-$141 range provides an independent fundamental perspective.