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

QuickLogic Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for QuickLogic stock have an average target of 11.5, with a low estimate of 10 and a high estimate of 13. The average target predicts an increase of 62.43% from the current stock price of 7.08.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $10 $11.5 $13 $13
Change +41.24% +62.43% +83.62% +83.62%

Analyst Ratings

The average analyst rating for QuickLogic stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$12$10
Strong Buy Maintains $12$10 +41.24% Nov 12, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$16$12
Strong Buy Maintains $16$12 +69.49% Aug 14, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$16$13
Buy Maintains $16$13 +83.62% Aug 14, 2024
Oppenheimer
Oppenheimer
Buy
Reiterates
$12$16
Buy Reiterates $12$16 +125.99% Feb 28, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$11$13
Strong Buy Maintains $11$13 +83.62% Nov 15, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
24.84M
from 21.20M
Increased by 17.17%
Revenue Next Year
32.59M
from 24.84M
Increased by 31.21%
EPS This Year
0.30
from -0.02
EPS Next Year
0.55
from 0.30
Increased by 81.36%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Period Ending Dec 29, 2019 Jan 3, 2021 Jan 2, 2022 Jan 1, 2023 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025
Revenue
10.31M8.63M12.69M16.18M21.20M24.84M32.59M
Revenue Growth
-18.36%-16.26%46.92%27.55%31.01%17.17%31.21%
EPS
-2.02-1.14-0.57-0.34-0.020.300.55
EPS Growth
------81.36%
Forward PE
-----23.5312.97
No. Analysts -----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 25.6M 34.2M
Avg 24.8M 32.6M
Low 23.8M 30.7M

Revenue Growth

Revenue Growth 20242025
High
20.9%
37.8%
Avg
17.2%
31.2%
Low
12.3%
23.5%

EPS Forecast

EPS 20242025
High 0.37 0.62
Avg 0.30 0.55
Low 0.24 0.47

EPS Growth

EPS Growth 20242025
High -
105.9%
Avg -
81.4%
Low -
56.3%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.