FORM

Stock

FormFactor, Inc.

One email when a drop — in price or in valuation — is historically rare for FORM. Otherwise we stay quiet.

Worth a look

Bigger than its usual dip. Not yet rare.

FormFactor, Inc. is 27.3% off its high — deeper than its 13.4% average pullback, but it has been through 48 drawdowns before. Not historically significant yet — we'll say so if that changes.

But down is not the same as cheap: FormFactor, Inc.'s P/S Severity Score is 0.0 — its valuation sits in or above its typical range.

Price $116.33 · as of Jul 14, 2026All-time high $159.93Drawdown -27.3%Severity Score™ 4.1
🟡

Significant

Current Drawdown

-27.3%

Days in Drawdown

12

Avg Max Drawdown

13.4%

Avg Length

174

Drawdown Severity Score™

4.1

FORM - Price & High Water Mark

FORM - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 12, 2026 · updated daily

Where today's valuation sits within FORM's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

11.1xSeverity Score 0.0 · In or above its typical range
Low: 1.2xMedian: 2.6xHigh: 15.6x

FormFactor, Inc. has been cheaper on this measure only about 99% of the time in 20 years of daily history.

28.7% below its highest Price to Sales reading · high date April 24, 2026

Price to Sales history

EV to EBITDA

60.9xSeverity Score 0.0 · In or above its typical range
Low: 4.3xMedian: 20.6xHigh: 176.7x

FormFactor, Inc. has been cheaper on this measure only about 89% of the time in 20 years of daily history.

65.5% below its highest EV to EBITDA reading · high date February 1, 2017

EV to EBITDA history · log scale

How we measure valuation

FormFactor, Inc. (FORM) Analysis: Current Drawdown Insights

FormFactor, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-14, the stock is trading at $116.33, which represents a 27.3% decline from its all-time high of $159.93. This drawdown has persisted for 12 days.

Based on its full tracked price history, FormFactor, Inc. typically experiences drawdowns averaging 13.4% in depth, with an average duration of 174 days. FormFactor, Inc. has gone through 48 total drawdown events in its tracked history. The largest drawdown on record for FormFactor, Inc. was 92.4%, beginning in 2006. The longest drawdown duration on record was 5251 days.

The Drawdown Severity Score™ for FormFactor, Inc. currently stands at 4.09. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing FormFactor, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 48 tracked pullbacks (48 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-07-02Ongoing12 days-27.3%$159.93$116.33n/a
2026-06-232026-06-308 days-16.5%$156.66$130.74$159.93
2026-04-272026-06-2257 days-25.8%$155.08$115.07$156.66
2026-04-212026-04-222 days-1.4%$144.03$142.04$146.18
2026-04-162026-04-172 days-1.5%$129.62$127.68$137.21
2026-03-262026-04-0813 days-15.4%$108.07$91.41$117.80
2026-02-262026-03-2527 days-19.7%$105.83$85.01$108.07
2026-02-172026-02-247 days-4.6%$96.73$92.28$100.58
2026-02-122026-02-131 day-2.5%$96.07$93.68$96.73
2026-02-102026-02-112 days-1.7%$94.88$93.30$96.07
2026-01-222026-02-0515 days-15.5%$83.46$70.49$83.87
2026-01-132026-01-153 days-1.5%$73.12$71.99$75.28
2026-01-072026-01-082 days-2.0%$64.00$62.72$64.52
2024-07-052026-01-05550 days-62.7%$62.22$23.18$62.69
2024-06-202024-06-289 days-3.9%$59.98$57.66$60.53
2024-05-232024-06-1827 days-10.8%$59.59$53.16$59.98
2024-05-102024-05-2011 days-3.7%$56.65$54.54$57.55
2021-04-062024-05-021123 days-64.4%$51.12$18.19$51.75
2021-02-172021-04-0547 days-19.9%$50.92$40.79$51.12
2021-01-202021-02-1224 days-18.0%$49.86$40.87$50.40
2021-01-152021-01-195 days-1.5%$49.54$48.82$49.86
2006-08-312021-01-145251 days-92.4%$49.45$3.78$49.54
2006-07-052006-08-3057 days-24.7%$47.04$35.40$49.45
2006-04-212006-06-3071 days-18.9%$44.40$36.00$44.63
2006-04-072006-04-1812 days-4.7%$40.99$39.06$40.99
2006-03-022006-04-0534 days-13.1%$40.70$35.36$40.95
2006-02-172006-03-0113 days-5.8%$38.90$36.64$40.70
2006-02-102006-02-145 days-2.7%$37.76$36.75$37.78
2006-02-032006-02-097 days-3.5%$36.95$35.64$37.76
2006-01-302006-02-024 days-4.3%$31.16$29.82$36.95
2006-01-202006-01-267 days-6.1%$29.92$28.08$30.18
2005-06-172006-01-19217 days-29.6%$28.64$20.16$29.92
2004-12-062005-06-16192 days-27.6%$28.51$20.64$28.64
2003-11-132004-12-02386 days-40.9%$27.69$16.36$27.78
2003-10-172003-11-1227 days-20.0%$27.43$21.95$27.69
2003-10-142003-10-163 days-3.2%$26.92$26.07$27.43
2003-10-102003-10-134 days-0.0%$25.46$25.45$26.92
2003-10-082003-10-092 days-0.2%$25.42$25.36$25.46
2003-09-172003-10-0317 days-12.2%$23.00$20.20$23.05
2003-09-152003-09-162 days-3.4%$22.60$21.84$23.00
2003-09-102003-09-112 days-2.4%$22.40$21.87$22.49
2003-08-252003-09-0815 days-4.9%$19.97$19.00$21.90
2003-08-202003-08-212 days-0.4%$19.74$19.67$19.95
2003-08-182003-08-192 days-1.8%$19.74$19.39$19.74
2003-08-142003-08-152 days-0.8%$19.65$19.50$19.74
2003-07-112003-08-1334 days-10.8%$19.50$17.40$19.65
2003-07-032003-07-086 days-1.5%$18.42$18.15$18.81
2003-06-192003-07-0214 days-7.2%$18.00$16.71$18.42
2003-06-132003-06-186 days-5.3%$17.58$16.65$18.00

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

FormFactor, Inc. (FORM) is trading at $116.33 as of Jul 14, 2026. It is 27.3% below its high of $159.93. The drawdown has lasted 12 days. Severity score: 4.1 (Significant).

FORM Price History and Drawdown Data

Latest price

$116.33

High-water mark

$159.93

Current drawdown

-27.3%

Days in drawdown

12

This FORM page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior FormFactor, Inc. drawdowns.

What History Says About FORM

FormFactor, Inc. has dropped 20%+ from its high 8 times in its tracked history. These events lasted an average of 979 days with an average max drop of -46.0%.

The current drawdown of -27.3% has lasted 12 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Aug 2006 to Jan 2021-92.4%5251 days
Apr 2021 to May 2024-64.4%1123 days
Jul 2024 to Jan 2026-62.7%550 days
Nov 2003 to Dec 2004-40.9%386 days
Jun 2005 to Jan 2006-29.6%217 days
Dec 2004 to Jun 2005-27.6%192 days

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