B+
Bull case
25%
Probability
Target price
$150.00
Analysis reference price unavailable
Analysis 2026-05-04 · RankAlpha Sentiment Codex
FORM
FormFactorCNasdaq / Semiconductors & Semiconductor Equipment
Last Price
Quote time unavailable
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
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta -13.5.
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
65
Value
52
Sentiment
62
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $128.00 · Bull $150.00 · Bear $95.00Analysis 2026-05-04; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-04 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-09
Investment thesis
As of 2026-09-09
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $149.29
Why
Momentum65 · Δ7d +5.1
Value52 · Δ7d +0.0
Sentiment62 · Δ7d -13.5
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Confirming evidence
- • Sentiment remains the lead driver in the composite, 7D delta -13.5.
Contradictions & invalidation
- • 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].
- • Near-term strength is concentrated in DRAM/HBM and networking-related probe-card demand; a pause in those pockets could pressure expectations quickly [#8-K-2026-04-29].
- • The stock appears to be discounting a lot already.
Catalyst clock
2026-06-27
Q2 outlook calls for another record quarter
Lead driver: Sentiment · See AI snapshot
Momentum
65
9% active weight
Current posture
7d trendSoftening
Δ7d
+5.1
Δ21d
+28.7
Value
52
28% active weight
Current posture
7d trendFlat
Δ7d
+0.0
Δ21d
+4.3
Sentiment
62
62% active weight
Current posture
7d trendSoftening
Δ7d
-13.5
Δ21d
+19.0
Why this grade
Composite grade C. Momentum 64.8 / Value 51.9 / Sentiment 62.3
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-05-04. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$128.00
Analysis reference price unavailable
Analysis 2026-05-04 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$95.00
Analysis reference price unavailable
Analysis 2026-05-04 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$10.79B
Beta
1.11
Shares Out
78.12M
P/E (TTM)
119.5
P/S (TTM)
6.40
P/FCF (TTM)
912.08
Rev YoY
+31.9%
EPS YoY
+502.5%
Gross Margin
+44.0%
Op Margin
+15.1%
Net Debt
-$243.88M
Current Ratio
4.08
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data