Quality Momentum

QM · rank #5 · 2026-06-04

FORM

NASDAQ · $9.75B

verdict · PROCEED

The exact numbers the algorithm saw.

Factor scores and the inputs behind this pick.
Momentum 12-1
Return from 12 months ago to 1 month ago.
+386.41%
ROE TTM
Return on equity, trailing 12 months.
+6.8%
Profit margin
Net profit margin, trailing 12 months.
+8.1%
Market cap
Size filter: > $500M required.
$9.75B
Anchor (recent)
Close on 2026-05-05
$145.00
Anchor (far)
Close on 2025-05-05
$29.81

The AI research card

Independent qualitative review of each pick before the order is placed.

Summary

FormFactor Inc. designs and manufactures advanced semiconductor test and measurement products, including probe cards and analytic probes, used across the semiconductor product lifecycle for various end markets.

Rationale

The strong momentum_12_1 signal, coupled with positive ROE and profit margins, suggests FORM is benefiting from its leading position in advanced probe cards and exposure to growing areas like AI and HBM.

Material risks

  • 1The company's revenue and profitability are highly sensitive to the cyclical nature of semiconductor capital expenditure and wafer test intensity.
  • 2Geopolitical tensions and export controls, particularly affecting advanced-node customers in China and other restricted jurisdictions, pose a significant risk.

Verdict reasoning

two_stage score=+2/3 verdicts={'claude': 'CAUTION', 'openai': 'PROCEED', 'gemini': 'PROCEED'} brief=caller-supplied