QuickLogic Corporation (QUIK)
NASDAQ: QUIK · Real-Time Price · USD
7.84
-0.12 (-1.51%)
Dec 20, 2024, 4:00 PM EST - Market closed

QuickLogic Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for QuickLogic stock have an average target of 11.53, with a low estimate of 10 and a high estimate of 13. The average target predicts an increase of 47.07% from the current stock price of 7.84.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $10 $11.53 $11.6 $13
Change +27.55% +47.07% +47.96% +65.82%

Analyst Ratings

The average analyst rating for QuickLogic stock from 3 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 111111
Buy 111112
Hold 000000
Sell 000000
Strong Sell 000000
Total 222223

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Northland Capital Markets
Northland Capital Markets
Buy
Initiates
$12
Buy Initiates $12 +47.96% Dec 17, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$12$10
Strong Buy Maintains $12$10 +27.55% Nov 12, 2024
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$16$12
Strong Buy Maintains $16$12 +53.06% Aug 14, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$16$13
Buy Maintains $16$13 +65.82% Aug 14, 2024
Oppenheimer
Oppenheimer
Buy
Reiterates
$12$16
Buy Reiterates $12$16 +104.08% Feb 28, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
20.91M
from 21.20M
Decreased by -1.36%
Revenue Next Year
26.88M
from 20.91M
Increased by 28.54%
EPS This Year
0.03
from -0.02
EPS Next Year
0.16
from 0.03
Increased by 546.00%
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
10.31M8.63M12.69M16.18M21.20M20.91M26.88M
Revenue Growth
-18.36%-16.26%46.92%27.55%31.01%-1.36%28.54%
EPS
-2.02-1.14-0.57-0.34-0.020.030.16
EPS Growth
------546.00%
Forward PE
-----307.4547.59
No. Analysts -----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 21.6M 30.5M
Avg 20.9M 26.9M
Low 20.0M 23.2M

Revenue Growth

Revenue Growth 20242025
High
2.0%
45.6%
Avg
-1.4%
28.5%
Low
-5.7%
11.1%

EPS Forecast

EPS 20242025
High 0.03 0.29
Avg 0.03 0.16
Low 0.02 0.05

EPS Growth

EPS Growth 20242025
High -
1,024.1%
Avg -
546.0%
Low -
92.2%
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.