FORM

FormFactorC

Nasdaq / Semiconductors & Semiconductor Equipment

At close

2026-07-18

Current thesis

The strongest evidence is operational: Q1 revenue, margin, and EPS all beat the company’s own outlook and Q2 guidance calls for another record quarter [#8-K-2026-04-29]. Limited secondary coverage also shows post-print target increases, including Stifel to 135 from 75 while staying Hold on 2026-04-30 and Evercore to 133 from 80 while staying In Line on 2026-04-28, which supports improved credibility but not a broad rating upgrade.

Posture

Mixed

Lead driver

Value

What changed

Value remains the lead driver in the composite, 7D delta +0.3.

What can break

Customer concentration remains meaningful: SK hynix represented 22.9% of FY2025 revenue, and two customers represented 15.8% and 10.8% of receivables at year-end [#10-K-2026-02-20].

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $128.00 · Bull $150.00 · Bear $95.00

Data freshness

Prices

As of 2026-07-18

Fundamentals

As of 2026-07-17 • Vendor: Data Vendor v1

Scores

As of 2026-07-18 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-04 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-18

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net Neutral

Target $154.75

Why

Momentum59 · Δ7d -40.2

Value48 · Δ7d +0.3

Sentiment56 · Δ7d +8.6

So what

Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendSoftening

Δ7d

-40.2

Δ21d

-21.1

Value

39% active weight

Current posture

7d trendFlat

Δ7d

+0.3

Δ21d

+0.5

Sentiment

34% active weight

Current posture

7d trendImproving

Δ7d

+8.6

Δ21d

+21.3

Why this grade

Composite grade C. Momentum 59.0 / Value 48.5 / Sentiment 55.6

Fundamentals (TTM)

As of 2026-07-17

Market Cap

$8.23B

Beta

1.11

Shares Out

77.95M

P/E (TTM)

119.5

P/S (TTM)

6.40

P/FCF (TTM)

912.08

Rev YoY

+32.0%

EPS YoY

+212.3%

Gross Margin

+39.7%

Op Margin

+5.5%

Net Debt

-$243.88M

Current Ratio

4.55

As of 2026-07-18 • Updated nightlySource: Internal modelMethodology