An efficient meshfree method based on a stabilized conforming nodal integration method is developed for elastoplastic contact analysis of metal forming processes. In this approach, strain smoothing stabilization is introduced to eliminate spatial instability in Galerkin meshfree methods when the weak form is integrated by a nodal integration. The gradient matrix associated with strain smoothing satisfies the integration constraint for linear exactness in the Galerkin approximation. Strain smoothing formulation and numerical procedures for path-dependent problems are introduced. Applications of metal forming analysis are presented, from which the computational efficiency has been improved significantly without loss of accuracy.