FormFactor (FORM) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.04
- Estimate
- $0.86
- Surprise
- +20.5%
- Score at report (before → after)
- 6.1 → 6.2/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
FormFactor (FORM) beat the $0.86 estimate with adjusted EPS of $1.04 — a large 20.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.1/10) to Sell at 6.2/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates FORM Sell at 6.2/10.
4 of the last 4 quarters beat the estimate; this quarter's +20.5% surprise compares with a +28.3% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Strong growth profile
What argues against it
- Concentration risk — Supplier: sole source suppliers
- Sector modifier (Technology): -0.8
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $110.31
- Price target
- $131.47
- Stop
- $102.59
- Upside to target
- +19.2%
- Reward-to-risk
- 1.3:1
The stock trades at 76.1× trailing but 28.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
FORM at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Semiconductor Equipment & Materials
- Market cap
- $8.60B
- P/E (fwd)
- 28.6
- P/E (ttm)
- 76.1
- 52-week range
- $44.16–$160.27
- Off 52-week high
- 31.2%
- RSI (14)
- 34
- Volume vs avg
- 0.80×
- Score today
- 6.2/10