Should I buy or sell QuickLogic stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for QuickLogic in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" QUIK shares. View QUIK analyst ratings or view top-rated stocks .

What is QuickLogic's stock price target for 2024?

2 Wall Street research analysts have issued twelve-month price targets for QuickLogic's stock. Their QUIK share price targets range from $13.00 to $16.00. On average, they predict the company's share price to reach $14.50 in the next year. This suggests a possible upside of 14.1% from the stock's current price. View analysts price targets for QUIK or view top-rated stocks among Wall Street analysts .

How have QUIK shares performed in 2024?

QuickLogic's stock was trading at $13.86 at the beginning of 2024. Since then, QUIK shares have decreased by 8.3% and is now trading at $12.71. View the best growth stocks for 2024 here .

When is QuickLogic's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024. View our QUIK earnings forecast .

How were QuickLogic's earnings last quarter?

QuickLogic Co. (NASDAQ:QUIK) released its quarterly earnings data on Tuesday, February, 27th. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.06. The semiconductor company earned $7.48 million during the quarter, compared to analysts' expectations of $7.40 million. QuickLogic had a negative trailing twelve-month return on equity of 1.85% and a negative net margin of 1.24%.

When did QuickLogic's stock split?

Shares of QuickLogic reverse split before market open on Tuesday, December 24th 2019. The 1-14 reverse split was announced on Monday, December 9th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Monday, December 23rd 2019. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

What is Brian C Faith's approval rating as QuickLogic's CEO?

5 employees have rated QuickLogic Chief Executive Officer Brian C Faith on Glassdoor.com . Brian C Faith has an approval rating of 57% among the company's employees. This puts Brian C Faith in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of QuickLogic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other QuickLogic investors own include VBI Vaccines (VBIV) , Gran Tierra Energy (GTE) , Matinas BioPharma (MTNB) , ADMA Biologics (ADMA) , Aeterna Zentaris (AEZS) , DHT (DHT) , Pennsylvania Real Estate Investment Trust (PEI) , Zosano Pharma (ZSAN) , Hallador Energy (HNRG) and CNBX Pharmaceuticals (CNBX) .

Who are QuickLogic's major shareholders?

QuickLogic's stock is owned by a number of institutional and retail investors. Top institutional investors include Silverberg Bernstein Capital Management LLC (0.10%). Insiders that own company stock include Brian C Faith, Brian C Faith , Elias Nader, Russell Christine and Timothy Saxe . View institutional ownership trends .

How do I buy shares of QuickLogic?

Shares of QUIK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does QuickLogic have any subsidiaries?

The following companies are subsidiares of QuickLogic: Digi-Key Corp, QuickLogic India Private Limited, QuickLogic International Inc., QuickLogic Kabushiki Kaisha, QuickLogic Shanghai Trading Limited, SensiML Corp, and SensiML Corporation. Read More

NASDAQ:QUIK

QuickLogic (QUIK) Stock Price, News & Analysis

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Free QUIK Stock Alerts

$12.71

-0.08 (-0.63%)

(As of 04/16/2024 ET)

Compare

Today's Range: $12.55
▼
$12.79
50-Day Range: $11.79
▼
$19.14
52-Week Range: $5.09
▼
$20.75

Volume: 134,719 shs
Average Volume: 255,061 shs
Market Capitalization: $182.77 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $14.50

Get QuickLogic alerts:

QuickLogic MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 14.1% Upside
$14.50 Price Target
Short Interest: Bearish
8.76% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.84
Based on 4 Articles This Week
Insider Trading: Selling Shares
$350,482 Sold Last Quarter
Proj. Earnings Growth: 123.53%
From $0.17 to $0.38 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.39 out of 5 stars

Computer And Technology Sector

500th out of 590 stocks

Semiconductors & Related Devices Industry

81st out of 88 stocks

2.5

Analyst's Opinion

Consensus Rating
QuickLogic has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
QuickLogic has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.76% of the outstanding shares of QuickLogic have been sold short.
Short Interest Ratio / Days to Cover
QuickLogic has a short interest ratio ("days to cover") of 4.7.
Change versus previous month
Short interest in QuickLogic has recently increased by 9.57%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
QuickLogic does not currently pay a dividend.
Dividend Growth
QuickLogic does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for QUIK.

3.2

News and Social Media Coverage

News Sentiment
QuickLogic has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for QuickLogic this week, compared to 2 articles on an average week.
Search Interest
22 people have searched for QUIK on MarketBeat in the last 30 days. This is an increase of 47% compared to the previous 30 days.
MarketBeat Follows
Only 9 people have added QuickLogic to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, QuickLogic insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $350,482.00 in company stock.
Percentage Held by Insiders
Only 1.70% of the stock of QuickLogic is held by insiders.
Percentage Held by Institutions
Only 31.54% of the stock of QuickLogic is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for QuickLogic are expected to grow by 123.53% in the coming year, from $0.17 to $0.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of QuickLogic is -317.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of QuickLogic is -317.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
QuickLogic has a P/B Ratio of 10.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About QuickLogic Stock (NASDAQ: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 also 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 electronics markets. In addition, the company engages in the eFPGA IP Licensing business consisting of development and integration of eFPGA technology into custom semiconductor solutions. Further, the company offers silicon products, such as EOS, QuickAI, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II products; and PASIC 3 and QuickRAM, as well as programming hardware and design software services. The company markets and sells its products to defense industrial base contractors, U.S. government entities, system OEMs, and fabless semiconductor companies through a network of sales managers and distributors in North America, Europe, and the Asia Pacific. It has a strategic partnership with YorChip to develop low-power unified chiplet interconnect express FPGA chiplets. QuickLogic Corporation was founded in 1988 and is headquartered in San Jose, California.

QUIK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

QUIK Stock News Headlines

April 5, 2024 | insidertrades.com

Insider Selling: QuickLogic Co. (NASDAQ:QUIK) VP Sells 1,974 Shares of Stock

March 22, 2024 | insidertrades.com

Insider Selling: QuickLogic Co. (NASDAQ:QUIK) VP Sells 10,000 Shares of Stock

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 16, 2024 | insidertrades.com

Insider Selling: QuickLogic Co. (NASDAQ:QUIK) Director Sells 4,444 Shares of Stock

April 12, 2024 | americanbankingnews.com

QuickLogic (NASDAQ:QUIK) Share Price Passes Above 200 Day Moving Average of $12.59

April 11, 2024 | prnewswire.com

QuickLogic to Showcase FPGA/eFPGA Expertise at HEART Conference

April 7, 2024 | americanbankingnews.com

Insider Selling: QuickLogic Co. (NASDAQ:QUIK) CEO Sells $43,667.40 in Stock

April 7, 2024 | americanbankingnews.com

QuickLogic Co. (NASDAQ:QUIK) CFO Sells $38,445.96 in Stock

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 7, 2024 | americanbankingnews.com

Insider Selling: QuickLogic Co. (NASDAQ:QUIK) VP Sells $30,675.96 in Stock

April 4, 2024 | seekingalpha.com

QuickLogic: Much To Like, But Wait For A Further Price Correction

April 4, 2024 | prnewswire.com

SensiML at Embedded World 2024

April 1, 2024 | prnewswire.com

QuickLogic Announces Radhika Krishnan Stepping Down From its Board of Directors

March 22, 2024 | finance.yahoo.com

Zacks.com featured highlights QuickLogic, Willdan, Betterware, Modine Manufacturing and ADMA Biologics

March 21, 2024 | finance.yahoo.com

QUIK Nov 2024 3.000 call

March 19, 2024 | finance.yahoo.com

QUIK Nov 2024 18.000 call

March 18, 2024 | sg.finance.yahoo.com

Rivian starts offering adapters to access Tesla's Supercharger network

March 16, 2024 | finance.yahoo.com

QUIK Apr 2024 18.000 put

March 16, 2024 | finance.yahoo.com

QUIK Aug 2024 21.000 call

March 16, 2024 | finance.yahoo.com

QUIK Apr 2024 23.000 call

March 15, 2024 | finance.yahoo.com

QUIK Apr 2024 19.000 call

March 15, 2024 | finance.yahoo.com

QUIK Apr 2024 14.000 put

March 14, 2024 | finance.yahoo.com

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

March 13, 2024 | finance.yahoo.com

QuickLogic to Exhibit at GOMACTech 2024

March 8, 2024 | uk.investing.com

QuickLogic secures eFPGA IP contract for TSMC N12e tech

March 6, 2024 | finance.yahoo.com

DELL Mar 2024 140.000 put

March 5, 2024 | finance.yahoo.com

QuickLogic Announces eFPGA IP Contract for TSMC N12e™ Process Technology

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/21/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Semiconductors & related devices
Sub-Industry: Semiconductors
Current Symbol: NASDAQ:QUIK
CUSIP: 74837P10
CIK: 882508
Web: www.quicklogic.com
Phone: (408) 990-4000
Fax: 408-990-4040
Employees: 49
Year Founded: 1988

Price Target and Rating

Average Stock Price Target: $14.50
High Stock Price Target: $16.00
Low Stock Price Target: $13.00
Potential Upside/Downside: +14.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.04)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 74.76
P/E Growth: N/A
Net Income: $-260,000.00
Net Margins: -1.24%
Pretax Margin: -1.23%
Return on Equity: -1.85%
Return on Assets: -0.69%

Debt

Debt-to-Equity Ratio: 0.03
Current Ratio: 1.17
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $21.20 million
Price / Sales: 8.62
Cash Flow: $0.13 per share
Price / Cash Flow: 96.53
Book Value: $1.21 per share
Price / Book: 10.50

Miscellaneous

Outstanding Shares: 14,380,000
Free Float: 14,133,000
Market Cap: $182.77 million
Optionable: Optionable
Beta: 1.63

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Key Executives

Mr. Brian C. Faith (Age 49)
President, CEO & Director
Comp: $483.41k
Mr. Elias N. Nader (Age 61)
CFO, Principal Accounting Officer & Senior VP of Finance
Comp: $451.43k
Mr. Andrew Chan
Co-Founder
Mr. Rajiv Jain (Age 63)
Vice President of Worldwide Operations
Comp: $217.05k
Mr. Owen Bateman (Age 57)
VP of Worldwide Sales

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

QUIK Stock Analysis - Frequently Asked Questions

Should I buy or sell QuickLogic stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for QuickLogic in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" QUIK shares.
View QUIK analyst ratings or view top-rated stocks.
What is QuickLogic's stock price target for 2024?: 2 Wall Street research analysts have issued twelve-month price targets for QuickLogic's stock. Their QUIK share price targets range from $13.00 to $16.00. On average, they predict the company's share price to reach $14.50 in the next year. This suggests a possible upside of 14.1% from the stock's current price.
View analysts price targets for QUIK or view top-rated stocks among Wall Street analysts.
How have QUIK shares performed in 2024?: QuickLogic's stock was trading at $13.86 at the beginning of 2024. Since then, QUIK shares have decreased by 8.3% and is now trading at $12.71.
View the best growth stocks for 2024 here.
When is QuickLogic's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 21st 2024.
View our QUIK earnings forecast.
How were QuickLogic's earnings last quarter?: QuickLogic Co. (NASDAQ:QUIK) released its quarterly earnings data on Tuesday, February, 27th. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.06. The semiconductor company earned $7.48 million during the quarter, compared to analysts' expectations of $7.40 million. QuickLogic had a negative trailing twelve-month return on equity of 1.85% and a negative net margin of 1.24%.
When did QuickLogic's stock split?: Shares of QuickLogic reverse split before market open on Tuesday, December 24th 2019. The 1-14 reverse split was announced on Monday, December 9th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Monday, December 23rd 2019. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

What is Brian C Faith's approval rating as QuickLogic's CEO?: 5 employees have rated QuickLogic Chief Executive Officer Brian C Faith on Glassdoor.com. Brian C Faith has an approval rating of 57% among the company's employees. This puts Brian C Faith in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of QuickLogic own?: Based on aggregate information from My MarketBeat watchlists, some companies that other QuickLogic investors own include VBI Vaccines (VBIV), Gran Tierra Energy (GTE), Matinas BioPharma (MTNB), ADMA Biologics (ADMA), Aeterna Zentaris (AEZS), DHT (DHT), Pennsylvania Real Estate Investment Trust (PEI), Zosano Pharma (ZSAN), Hallador Energy (HNRG) and CNBX Pharmaceuticals (CNBX).
Who are QuickLogic's major shareholders?: QuickLogic's stock is owned by a number of institutional and retail investors. Top institutional investors include Silverberg Bernstein Capital Management LLC (0.10%). Insiders that own company stock include Brian C Faith, Brian C Faith, Elias Nader, Russell Christine and Timothy Saxe.
View institutional ownership trends.
How do I buy shares of QuickLogic?: Shares of QUIK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does QuickLogic have any subsidiaries?: The following companies are subsidiares of QuickLogic: Digi-Key Corp, QuickLogic India Private Limited, QuickLogic International Inc., QuickLogic Kabushiki Kaisha, QuickLogic Shanghai Trading Limited, SensiML Corp, and SensiML Corporation.
Read More

This page (NASDAQ:QUIK) was last updated on 4/16/2024 by MarketBeat.com Staff

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QuickLogic (QUIK) Stock Price, News & Analysis

QuickLogic MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About QuickLogic Stock (NASDAQ:QUIK)

QUIK Stock Price History

QUIK Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

QUIK Stock Analysis - Frequently Asked Questions

Overall MarketRank^™