In this present study, both the experimental and numerical investigations are carried out to understand the formability of AA 5052-H32 sheets of 1.5 mm thickness with friction stir spot weld (FSSW). A shock tube experimental facility is utilized in which a rigid hemispherical striker is propelled at a high velocity and deforms the FSSW sheets at high strain rates. In this analysis, the effect of different tool rotational speed and plunge depth on the FS spot welding outputs and forming outputs are understood. Furthermore, DEFORM-3D finite element (FE) code is used to perform FE simulation of both the FS spot welding and forming of the welded sheets interactively. During the forming analysis, a new strategy is followed to identify the rate-dependent mechanical properties that are incorporated during FE simulation. The tensile data obtained from the unwelded section of the sheet deformed using the shock tube is fit to the modified Johnson–Cook (MJC) model. In the case of the FS spot-welded region, a hardness-based multiplying factor is identified and used to obtain stress–strain data by fitting it to MJC model. The predicted temperature evolution during the FSSW is validated with the experimental data and a good correlation has been observed. The predicted material flow phenomenon gives an insight into the joint formation during FSSW. Various forming outputs such as deformation profile, crack pattern, and effective strain distribution predicted by MJC model in combination with Freudenthal damage model are compared with the experimental data, and the results have a fair agreement.