QuickLogic Corporation (QUIK)

NASDAQ: QUIK · Real-Time Price · USD
8.12
-0.21 (-2.52%)
At close: Oct 21, 2024, 4:00 PM
8.10
-0.02 (-0.25%)
After-hours: Oct 21, 2024, 7:04 PM EDT
-2.52%
Market Cap 117.46M
Revenue (ttm) 24.28M
Net Income (ttm) 1.79M
Shares Out 14.47M
EPS (ttm) 0.13
PE Ratio 64.27
Forward PE 15.62
Dividend n/a
Ex-Dividend Date n/a
Volume 98,019
Open 8.41
Previous Close 8.33
Day's Range 8.03 - 8.41
52-Week Range 7.01 - 20.75
Beta 1.56
Analysts Strong Buy
Price Target 12.50 (+53.94%)
Earnings Date Nov 12, 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 $12.5, which is an increase of 53.94% from the latest price.

Price Target
$12.5
(53.94% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

11 days 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 ...

13 days 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.

13 days 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...

20 days 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 ...

4 weeks 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, ...

7 weeks 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...

2 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...

2 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...

2 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...

2 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...

2 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...

3 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
3 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...

3 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...

3 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...

3 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...

4 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 ...

4 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...

4 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...

4 months ago - Seeking Alpha

Buying These Microcaps Into Potential Russell 2000 Inclusion

Annual Russell 2000 rebalancing presents long-term opportunities in select micro-cap companies. Forced buying by ETFs and mutual funds upon index inclusion can impact stock prices. Five micro-cap comp...

Other symbols: AAOIAMSCAMTXSPIR
4 months ago - Seeking Alpha

QuickLogic Set to Join Russell 3000® Index

SAN JOSE, Calif. , May 29, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutio...

5 months ago - PRNewsWire

BAE Systems honors QuickLogic with a Supplier of the Year award

QuickLogic among top award recipients recognized with sixth annual 'Partner 2 Win'  Supplier Awards SAN JOSE, Calif. , May 28, 2024 /PRNewswire/ -- QuickLogic Corporation today announced it received a...

5 months ago - PRNewsWire

QUIK: Strong Q1 Sales, AI Tech Pipeline Point To A Bright Future

Nvidia Corp. (NVDA) grabbed the headlines this week given its blockbuster earnings and stock reaction. But there's a lot more going on in the technology and growth stock investing worlds.

5 months ago - Forbes

SensiML Launches First Complete Open-Source AutoML Solution for Edge AI/ML Development

Hardware-agnostic solution supports a broad array of edge processors and silicon vendors Establishes a foundation for community-driven edge ML innovation including generative AI, synthetic data genera...

5 months ago - PRNewsWire