FormFactor, Inc. (FORM): one to watch?

Sector-wide chip-equipment selloff, not a FormFactor-specific problem, but the stock is still pricey with earnings risk looming July 29.

👀 WATCH Fundamentals61/100

Fell 28% in 11 trading day(s) — now $115.81

$159$18.1 20222023202420252026

Why FORM dropped

News coverage shows the drop tracked a broad semiconductor equipment sector selloff (peers like ENTG, ONTO, AMKR, MKSI all fell similarly) plus a Russell index reshuffle moving FORM out of small-cap benchmarks — no company-specific bad news (no accounting issue, no guidance cut, no lost customer) was found.

Fwd P/E 41.5Op margin 17.7%Rev growth 32.0%Debt/equity 3.0%Analyst upside 24.9%
How this scored 61/100
✅ Passes all 4 hard checks — profitable, cash-generative, and financially survivable.
Makes money Net profit margin 8.1%
Generates cash Free cash flow $-1M
Not drowning in debt Debt/equity 3.0% (limit 200%)
Can pay its bills Current ratio 4.5 (needs 1+)

Bar length shows how much each metric is worth — a 10-point metric is twice as wide as a 5-point one. Hover any row for what it means.

Profitability Does it actually make money? 10/25
Operating margin 17.7% 6/9
Net profit margin 8.1% 3/8
Return on equity 6.8% 1/8
Growth Is it getting bigger, or dying? 25/25
Revenue growth 32.0% 9/9
Earnings growth 225.0% 8/8
Expected profit change 220.8% 8/8
Value Is it cheap right now? 8/25
Forward P/E 41.5 0/10
PEG ratio 1.4 5/8
Analyst target upside 24.9% 3/7
Balance sheet Will it survive? 18/25
Debt / equity 3.0% 10/10
Current ratio 4.5 8/8
Free cash flow $-1M 0/7

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Analysis generated by SmartStonks's AI from public fundamentals and news, first flagged 2026-07-16. Research only — not financial advice.