Why FormFactor Stock Exploded Higher Today
Here in the middle of the artificial intelligence (AI) revolution, semiconductor stocks are red-hot -- and of the reddest, hottest semiconductor stocks on the market today is (NASDAQ: FORM), a maker of probe cards and other equipment for testing the quality of manufactured chips.
FormFactor stock is flying today -- up 23.6% through 1:15 p.m. ET -- after the company beat on earnings last night. Analysts forecast FormFactor to earn just $0.25 per share on $200 million in third-quarter revenue, but FormFactor actually earned $0.33 per share on sales of $202.7 million.
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Source Fool.com
Formfactor Inc. Stock
€71.50
17.210%
With 8 Buy predictions and not the single Sell prediction the community is currently very high on Formfactor Inc..
As a result the target price of 83 € shows a slightly positive potential of 16.08% compared to the current price of 71.5 € for Formfactor Inc..
