Key Highlights

  • FormFactor traded at US$139.80, against a consensus target of US$139.50.
  • The median target of US$150 implies roughly +7.3% upside from the current price.
  • Targets span US$75 to US$200, framing the range of analyst opinion.
  • The consensus implies N/A upside, reflecting the balance of current analyst views.

FormFactor (NASDAQ:FORM) traded at US$139.80 as of 8 October 2026, against an analyst consensus price target of US$139.50, an implied upside of approximately N/A.

What Is the Latest Analyst Price Target?

Here are the numbers. The mean target is $139.50 and the median is $150, with a low of $75 and a high of $200. Measured from the $139.80 close on 8 October 2026, the mean implies potential downside of 0.2%, which is effectively flat, while the median would represent potential upside of about 7.3%. That difference between mean and median points to a few low estimates pulling the average down. The share price sits almost exactly on the mean and comfortably inside the full range.

What Are Analysts Saying?

Individual broker actions, the number of analysts covering the stock and index membership were not part of this week's verified data set. What we can say is that the spread is broad: the high of $200 is more than two and a half times the low of $75. The low target is well beneath the current price, so at least one forecaster sees substantial potential downside, while the high target suggests others see room for a sizeable rise. A Buy rating alongside a mean target slightly under the share price is a combination worth noting; it may reflect a share price that has moved faster than some estimates have been updated.

What Could Help the Stock Reach the Price Target?

FormFactor makes probe cards and related test equipment used to check chips while they are still on the wafer. The company has positioned itself in advanced memory and in testing complex processors, areas where rising chip complexity can increase the amount of testing required. If Demand for high-bandwidth memory and advanced packaging continues to expand, the Business could see growing volumes and richer product mixes. Operational improvements and new product introductions might help margins. In that scenario, Earnings could grow into the present valuation and targets could be revised upwards.

What Could Prevent the Stock Reaching the Target?

At roughly 96 times earnings, the shares leave limited Margin for error, and the consensus mean offers no cushion at the current price. Semiconductor equipment demand is cyclical, with customers' Capital budgets tightening quickly when end markets soften. FormFactor depends on a relatively concentrated group of large chipmakers, so delays or order changes from one customer could have an outsized effect. Competition from established test-equipment suppliers, technological shifts and export restrictions affecting sales to certain regions are additional risks. A broader pullback in richly valued technology shares could also weigh.

What Should Investors Watch Next?

Investors will want to see the next quarterly results and guidance, with particular attention to order trends in memory and advanced logic, and to gross margin. Commentary on customer capital spending, new product ramps and any supply-chain or trade-policy developments could shape sentiment. Equally, any revisions to analyst targets following those updates will show whether the mean moves above the share price. Wider read-across from chipmaker spending plans and memory pricing may also feature prominently in the weeks ahead.

Reading the Gap Between FormFactor's Price and Target

FormFactor (FORM) was priced at US$139.80 against a consensus target of US$139.50, an implied upside of approximately N/A. The median target of US$150 and the range of US$75 to US$200 frame the debate among analysts.