Why FormFactor Stock Is Skyrocketing Today
FormFactor (NASDAQ: FORM) stock is posting massive gains in Thursday's trading. The company's share price was up 26.6% as of noon ET. Meanwhile, the S 500 was up 1.1%, and the Nasdaq Composite had risen 2.3%.
FormFactor released its second-quarter report after yesterday's market close, and the company delivered better-than-expected sales, earnings, and forward guidance. The company's valuation is also rising thanks to a rebound in the artificial intelligence (AI) chip trade.
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Source Fool.com
Formfactor Inc. Stock
€99.94
4.850%
With 14 Buy predictions and not the single Sell prediction the community is currently very high on Formfactor Inc..
As a result the target price of 133 € shows a positive potential of 33.08% compared to the current price of 99.94 € for Formfactor Inc..
