Technical Setup
FormFactor has been one of the stronger-performing stocks of 2026. After reporting earnings beat, the stock saw a modest pullback that appears to have formed a bull flag pattern.
The stock held its 21 EMA during the pullback and appears to be breaking out of the flag formation. This may offer an attractive risk-reward entry, with a potential stop placed on a decisive close below the 21 EMA.
Earnings Summary
FormFactor reported first-quarter results that exceeded expectations.
Key figures from the report include:
• First-quarter earnings were $0.58 per share on $226.14 million in revenue.
• Consensus estimates called for $0.44 per share on $225.62 million in revenue, while the Earnings Whisper estimate was $0.49 per share.
• The company beat earnings expectations by 18.37% and increased revenue by 31.97% year over year.
• For the second quarter, FormFactor expects non-GAAP earnings of $0.57 to $0.65 per share on revenue of $235.0 million to $245.0 million.
• The current consensus estimate for the quarter ending June 30, 2026, is $0.45 per share on $227.88 million in revenue.
• FormFactor designs, develops, manufactures, sells, and supports semiconductor wafer probe card products and solutions.
Note: If you find this setup compelling, make sure it aligns with your own investing or trading plan and risk management rules.
FormFactor has been one of the stronger-performing stocks of 2026. After reporting earnings beat, the stock saw a modest pullback that appears to have formed a bull flag pattern.
The stock held its 21 EMA during the pullback and appears to be breaking out of the flag formation. This may offer an attractive risk-reward entry, with a potential stop placed on a decisive close below the 21 EMA.
Earnings Summary
FormFactor reported first-quarter results that exceeded expectations.
Key figures from the report include:
• First-quarter earnings were $0.58 per share on $226.14 million in revenue.
• Consensus estimates called for $0.44 per share on $225.62 million in revenue, while the Earnings Whisper estimate was $0.49 per share.
• The company beat earnings expectations by 18.37% and increased revenue by 31.97% year over year.
• For the second quarter, FormFactor expects non-GAAP earnings of $0.57 to $0.65 per share on revenue of $235.0 million to $245.0 million.
• The current consensus estimate for the quarter ending June 30, 2026, is $0.45 per share on $227.88 million in revenue.
• FormFactor designs, develops, manufactures, sells, and supports semiconductor wafer probe card products and solutions.
Note: If you find this setup compelling, make sure it aligns with your own investing or trading plan and risk management rules.
Transaction en cours
This trade was active yesterday with a 1/2 size position. I have added today to bring this up to a full size. I will place my stop on a decisive close below the AVWAP (white).
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.