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.
Dagangan aktif
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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.