QuickLogic Corporation (QUIK)
NASDAQ: QUIK · IEX Real-Time Price · USD
14.33
+1.20 (9.14%)
At close: Apr 26, 2024, 4:00 PM
14.35
+0.02 (0.14%)
After-hours: Apr 26, 2024, 5:25 PM EDT
QuickLogic Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for QuickLogic stock have an average target of 14.5, with a low estimate of 13 and a high estimate of 16. The average target predicts an increase of 1.19% from the current stock price of 14.33.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 28, 2024.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Reiterates $12 → $16 | Buy | Reiterates | $12 → $16 | +11.65% | Feb 28, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $11 → $13 | Strong Buy | Maintains | $11 → $13 | -9.28% | Nov 15, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $10 → $12 | Buy | Maintains | $10 → $12 | -16.26% | Nov 15, 2023 |
| Oppenheimer | Oppenheimer | Buy Reiterates $10 | Buy | Reiterates | $10 | -30.22% | May 17, 2023 |
| Roth Capital | Roth Capital | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | May 19, 2021 |
Financial Forecast
Revenue This Year
28.15M
from 21.20M
Increased by 32.80%
Revenue Next Year
35.29M
from 28.15M
Increased by 25.36%
EPS This Year
0.34
from -0.02
EPS Next Year
0.59
from 0.34
Increased by 74.14%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 29.0M | 36.3M |
| Avg | 28.2M | 35.3M |
| Low | 27.0M | 33.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 36.7% | 29.0% |
| Avg | 32.8% | 25.4% |
| Low | 27.6% | 20.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.38 | 0.61 |
| Avg | 0.34 | 0.59 |
| Low | 0.29 | 0.57 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 79.3% |
| Avg | - | 74.1% |
| Low | - | 67.3% |
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.