QuickLogic Corporation (QUIK)

NASDAQ: QUIK · Real-Time Price · USD
7.08
+0.03 (0.43%)
At close: Nov 20, 2024, 4:00 PM
7.10
+0.02 (0.28%)
After-hours: Nov 20, 2024, 7:43 PM EST
0.43%
Market Cap 104.13M
Revenue (ttm) 21.89M
Net Income (ttm) -1.49M
Shares Out 14.71M
EPS (ttm) -0.11
PE Ratio n/a
Forward PE 157.33
Dividend n/a
Ex-Dividend Date n/a
Volume 169,840
Open 7.00
Previous Close 7.05
Day's Range 6.75 - 7.09
52-Week Range 6.75 - 20.75
Beta 1.57
Analysts Strong Buy
Price Target 11.50 (+62.43%)
Earnings Date Nov 11, 2024

About QUIK

QuickLogic Corporation operates as a fabless semiconductor company in the United States. The company offers embedded FPGA intellectual property, low power, multicore semiconductor system-on-chips, discrete FPGAs, and AI software; and end-to-end artificial intelligence/machine learning solution with accurate sensor algorithms using AI technology. It provides various platforms, such as software tools and eFPGA IP enables the adoption of AI, voice, and sensor processing across aerospace, and defense, consumer/industrial IOT, and consumer electroni... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Jul 11, 1997
Employees 49
Stock Exchange NASDAQ
Ticker Symbol QUIK
Full Company Profile

Financial Performance

In 2023, QuickLogic's revenue was $21.20 million, an increase of 31.01% compared to the previous year's $16.18 million. Losses were -$263,000, -93.84% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for QUIK stock is "Strong Buy." The 12-month stock price forecast is $11.5, which is an increase of 62.43% from the latest price.

Price Target
$11.5
(62.43% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

QuikLogic: Waving The White Flag Due To A Trust Deficit (Rating Downgrade)

QuickLogic Corporation's revenue decline in Q3 was bad from an optical perspective, but management had already flagged this in advance; what was not expected was yet another quarter of tepid guidance....

2 days ago - Seeking Alpha

QuickLogic to Showcase Advanced eFPGA Hard IP Solutions at Space Tech Expo Europe 2024

SAN JOSE, Calif. , Nov. 15, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) hard IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML soluti...

5 days ago - PRNewsWire

QuickLogic Corporation (QUIK) Q3 2024 Earnings Call Transcript

QuickLogic Corporation (NASDAQ:QUIK) Q3 2024 Earnings Conference Call November 11, 2024 5:30 PM ET Company Participants Alison Ziegler - Investor Relations, Darrow Associates Brian Faith - President ...

9 days ago - Seeking Alpha

QuickLogic Reports Financial Results for its Fiscal Third Quarter 2024

SAN JOSE, Calif. , Nov. 11, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI soluti...

9 days ago - PRNewsWire

QuickLogic to Report Third Quarter Fiscal 2024 Financial Results on Monday, November 11

Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif. , Oct. 28, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPG...

23 days ago - PRNewsWire

SensiML Expands Platform Support to Include the RISC-V Architecture

Increasing Flexibility with Open Hardware and AI Tools for IoT Edge AI Development PORTLAND, Ore. , Oct. 10, 2024 /PRNewswire/ -- SensiML™ Corporation, a leader in AI software for IoT and a subsidiary...

5 weeks ago - PRNewsWire

SensiML and Efabless Partner to Drive Open-Source Edge AI Innovation

Empowering IoT innovators to build custom smart sensing SoCs at negligible upfront cost Utilizes fully open-source hardware and software to optimize edge AI applications PORTLAND, Ore. , Oct. 8, 2024 ...

6 weeks ago - PRNewsWire

Efabless Unveils New Custom Chip Platform Designed for Edge ML Products

Efabless' chipIgnite ML platform boosts edge ML with 10x efficiency, integrates SensiML for custom silicon, and enables optimized keyword spotting apps.

6 weeks ago - GlobeNewsWire

QuickLogic Delivers eFPGA IP Targeting TSMC N12e™ Process in Record Time

SAN JOSE, Calif. , Oct. 1, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML solutions, t...

7 weeks ago - PRNewsWire

QuickLogic to Exhibit at GlobalFoundries Technology Summit in Munich

SAN JOSE, Calif. , Sept. 17, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leader in embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, today announced that it ...

2 months ago - PRNewsWire

QuickLogic: Q2 Conundrum, Quick To Rise, Slow To Deliver

QuickLogic Corporation shows promising revenue growth but faces serious long-term issues, missing EPS expectations and falling short on revenue by $373,000. Despite a 41% revenue increase in Q2 2024, ...

2 months ago - Seeking Alpha

QuickLogic Corporation (QUIK) Q2 2024 Earnings Call Transcript

QuickLogic Corporation (NASDAQ:QUIK) Q2 2024 Earnings Call Transcript August 13, 2024 5:30 PM ET Company Participants Alison Ziegler - IR, Darrow Associates Brian Faith - President and CEO Elias Nade...

3 months ago - Seeking Alpha

QuickLogic Reports 41% Year-over-Year Revenue Growth for Second Quarter Fiscal 2024

SAN JOSE, Calif. , Aug. 13, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI soluti...

3 months ago - PRNewsWire

QuickLogic Announces Partnership with CTG to Strengthen Aerospace & Defense Supply Chain

Embedded FPGAs (eFPGAs) Deliver Custom Solutions, Cost Savings, and Efficiency for Aerospace and Defense SAN JOSE, Calif. , Aug. 7, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leader...

3 months ago - PRNewsWire

QuickLogic to Report Second Quarter Fiscal 2024 Financial Results on Tuesday, August 13, 2024

Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif. , Aug. 5, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGA...

3 months ago - PRNewsWire

QuickLogic Signs Distribution Agreement with Astute Electronics to Expand Global Reach

SAN JOSE, Calif. , July 31, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs, and endpoint AI solutions, is pleased to announc...

4 months ago - PRNewsWire

SensiML Integrates Cutting-Edge Generative AI Voice Technology in its ML DataOps Software for the IoT Edge

- SensiML Data Studio Democratizes Voice Recognition on Tiny Devices with New Text-to-Speech Synthetic Dataset Generation Feature PORTLAND, Ore. , July 25, 2024 /PRNewswire/ -- SensiML™ Corporation, a...

4 months ago - PRNewsWire

Everspin Announces Contract to Provide MRAM Technology for Strategic Radiation Hardened FPGA

CHANDLER, Ariz.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions...

Other symbols: MRAM
4 months ago - Business Wire

QuickLogic to Exhibit at the Nuclear and Space Radiation Effects Conference (NSREC) in Ottawa

SAN JOSE, Calif. , July 18, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, is excited to announce...

4 months ago - PRNewsWire

QuickLogic Expands Distribution Network with Spur Microwave Inc. Partnership in the Indian Market

SAN JOSE, Calif. , July 16, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions, is pleased to announce...

4 months ago - PRNewsWire

QuickLogic Announces $5.26 Million Contract Award

This award is the third tranche of the Strategic Radiation Hardened Contract that was initiated in August of 2022 QuickLogic will continue as the Prime Contractor collaborating with subcontractors inc...

4 months ago - PRNewsWire

SensiML's Open-Source AutoML Solution for Edge AI Now Available

Democratizes access to IoT edge AI technology and enables developers to contribute to ongoing advances for AI at the extreme edge PORTLAND, Ore. , June 25, 2024 /PRNewswire/ -- SensiML™ Corporation, a...

5 months ago - PRNewsWire

QuickLogic to Exhibit at DAC 2024: Showcasing eFPGA Technology and Australis™ Hard IP Generator

SAN JOSE, Calif. , June 20, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and endpoint AI solutions is excited to announce ...

5 months ago - PRNewsWire

QuickLogic Joins Intel Foundry Accelerator IP and USMAG Alliance Programs

This partnership enables Intel Foundry customers to benefit from QuickLogic's embedded FPGA (eFPGA) Hard IP and open-source development tools. QuickLogic will offer customer-definable eFPGA Hard IP op...

5 months ago - PRNewsWire

QuickLogic: Risk-Reward Looks Favorable Now

QUIK is still on course to deliver compelling revenue growth despite timing shifts which make H1 worse than it actually looks. Besides the core interest in QUIK's eFPGA IP, positive developments are a...

5 months ago - Seeking Alpha