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Is FormFactor a buy?

Published in Stock Rating 2 mins read

Based on current analyst consensus, FormFactor (FORM) is considered a Moderate Buy.

Analyst Consensus and Price Targets

FormFactor has garnered a "Moderate Buy" consensus rating from analysts, indicating a generally positive outlook on the stock's potential performance. This rating is derived from a breakdown of individual analyst recommendations.

  • Buy Ratings: 3 analysts
  • Hold Ratings: 3 analysts
  • Sell Ratings: 0 analysts

This equal split between "Buy" and "Hold" recommendations, with no "Sell" ratings, points to a cautious yet optimistic sentiment among financial experts. The absence of any "Sell" ratings is a positive indicator, suggesting that analysts do not foresee a significant downside for the stock in the near term.

Upside Potential

Analysts have also projected a notable upside potential for FormFactor. The average price target set by these analysts suggests a 23.60% upside potential from the current price. This indicates that, on average, analysts believe the stock could appreciate by more than one-fifth of its current value, reaching their projected targets.

Summary of Analyst Views

To provide a clear overview, here's a summary of the key metrics regarding FormFactor's analyst ratings:

Metric Value
Consensus Rating Moderate Buy
Buy Ratings 3
Hold Ratings 3
Sell Ratings 0
Average Upside Potential 23.60%

This data suggests that while not a unanimous strong buy, a significant portion of analysts see value and growth opportunities in FormFactor, supported by a substantial projected price increase. Investors often look at such consensus ratings and price targets as part of their broader due diligence to gauge market sentiment and potential returns.