In a recent update, DA Davidson maintains its "Buy" rating for FormFactor (FORM, Financial), while adjusting its price target for the semiconductor company. Analyst Hans Chung, representing DA Davidson, announced the revised price target on May 1, 2025.
The new price target for FormFactor (FORM, Financial) has been lowered from $50.00 to $45.00, marking a 10% decrease in the target price. Despite the adjustment, the maintained "Buy" rating indicates continued positive sentiment from DA Davidson regarding the stock's potential performance.
This adjustment in the price target reflects DA Davidson's revised outlook on the future valuation of FormFactor (FORM, Financial) while remaining confident in the company's overall market prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for FormFactor Inc (FORM, Financial) is $40.78 with a high estimate of $52.00 and a low estimate of $26.00. The average target implies an upside of 40.76% from the current price of $28.97. More detailed estimate data can be found on the FormFactor Inc (FORM) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, FormFactor Inc's (FORM, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for FormFactor Inc (FORM, Financial) in one year is $41.15, suggesting a upside of 42.04% from the current price of $28.97. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the FormFactor Inc (FORM) Summary page.
