QuickLogic Corporation (QUIK)

NASDAQ: QUIK · IEX Real-Time Price · USD
12.58
+0.32 (2.61%)
Jul 16, 2024, 10:42 AM EDT - Market open
2.61%
Market Cap 181.81M
Revenue (ttm) 23.07M
Net Income (ttm) 1.07M
Shares Out 14.42M
EPS (ttm) 0.07
PE Ratio 181.29
Forward PE 23.70
Dividend n/a
Ex-Dividend Date n/a
Volume 88,591
Open 12.40
Previous Close 12.26
Day's Range 12.30 - 12.94
52-Week Range 7.05 - 20.75
Beta 1.63
Analysts Strong Buy
Price Target 14.50 (+15.26%)
Earnings Date Aug 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 $14.5, which is an increase of 15.26% from the latest price.

Price Target
$14.5
(15.26% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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 hours 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...

8 days 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...

21 days 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 ...

25 days 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 weeks ago - PRNewsWire

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...

6 weeks 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...

7 weeks 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.

7 weeks 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...

2 months ago - PRNewsWire

QuickLogic Reports First Quarter Fiscal 2024 Results, On Track for Revenue Growth of 30% and Positive Cash Flow in 2024

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

2 months ago - PRNewsWire

QuickLogic Presents Latest RadHard eFPGA IP and FPGAs at SEE/MAPLD 2024

SAN JOSE, Calif., May 10, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, is set to showcase its newest...

2 months ago - PRNewsWire

QuickLogic to Report First Quarter Fiscal 2024 Financial Results on Monday, May 13, 2024

Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif. , May 7, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs...

2 months ago - PRNewsWire

QuickLogic Releases Aurora 2.6 with Expanded Operating System Support and Up to 15% Faster Performance

- Extends support to Windows 11 and Windows 10, broadening access to development tools- Boosts timing performance by up to 15%, for more efficient design optimization SAN JOSE, Calif. , May 1, 2024 /P...

2 months ago - PRNewsWire

QuickLogic to Showcase FPGA/eFPGA Expertise at HEART Conference

SAN JOSE, Calif. , April 11, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and Endpoint AI/ML solutions, is pleased to anno...

3 months ago - PRNewsWire

SensiML at Embedded World 2024

PORTLAND, Ore. , April 4, 2024 /PRNewswire/ -- SensiML™ Corporation, a leader in AI software for IoT and a subsidiary of QuickLogic (NASDAQ: QUIK), today announced that it is exhibiting at Embedded Wo...

3 months ago - PRNewsWire

QuickLogic Announces Radhika Krishnan Stepping Down From its Board of Directors

SAN JOSE, Calif. , April 1, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI/ML solutions, today announced that Rad...

3 months ago - PRNewsWire

QuickLogic and Zero-Error Systems Partner to Deliver Radiation-Tolerant eFPGA IP for Commercial Space Applications

- Australis™ IP Generator creates eFPGA IP that is optimized to meet customers' unique PPA requirements - ZES's radiation-hardened-by-design cell libraries deliver 3.5x better PPA than current solutio...

4 months ago - PRNewsWire

QuickLogic to Exhibit at GOMACTech 2024

SAN JOSE, Calif. , March 13, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI/ML solutions, is pleased to announce ...

4 months ago - PRNewsWire

QuickLogic Announces eFPGA IP Contract for TSMC N12e™ Process Technology

SAN JOSE, Calif. , March 5, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML solutions, ...

4 months ago - PRNewsWire

QuickLogic Signs 7-Figure eFPGA IP Contract for GlobalFoundries' 12LP Process

SAN JOSE, Calif. , Feb. 28, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML solutions, ...

4 months ago - PRNewsWire

QuickLogic Reports Record Fourth Quarter Net Income and Full Year 2023 Non-GAAP Profitability

SAN JOSE, Calif. , Feb. 27, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI soluti...

4 months ago - PRNewsWire

QuickLogic to Report Fourth Quarter and Fiscal Year 2023 Financial Results on Tuesday, February 27, 2024

SAN JOSE, Calif. , Feb. 13, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced it has sche...

5 months ago - PRNewsWire

QuickLogic at Chiplet Summit: CEO Panel Participation and Showcase eFPGAs

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

5 months ago - PRNewsWire

SensiML Unveils Data Studio - Next-Generation Sensor Data Management for AI / ML

Comprehensive platform for collaborative sensor data capture, labeling, analysis, and modeling Powerful built-in visualizations, analysis packages and Python plugins unlock sensor data insights SensiM...

7 months ago - PRNewsWire

QuickLogic Announces the Amendment and Extension of Credit Facility

SAN JOSE, Calif. , Dec. 12, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI soluti...

7 months ago - PRNewsWire