QuickLogic(QUIK)

Search documents
QuickLogic (QUIK) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2025-05-06 22:55
Company Performance - QuickLogic's stock closed at $5.57, reflecting a +0.91% change from the previous day, outperforming the S&P 500 which fell by 0.77% [1] - Over the past month, QuickLogic's stock has increased by 15.97%, slightly below the Computer and Technology sector's gain of 16.73% and above the S&P 500's gain of 11.54% [1] Upcoming Earnings - QuickLogic is set to release its earnings report on May 13, 2025, with analysts expecting a loss of -$0.08 per share, indicating a year-over-year decline of 172.73% [2] - The consensus estimate for revenue is $4 million, representing a 33.44% decrease from the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $0.16 per share and revenue at $24.37 million, showing increases of +300% and +21.15% respectively from the prior year [3] Analyst Estimates - Recent changes in analyst estimates for QuickLogic reflect evolving short-term business trends, with upward revisions indicating positive sentiment towards the company's operations and profit generation capabilities [4] Zacks Rank and Valuation - QuickLogic currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [6] - The company is trading at a Forward P/E ratio of 35.61, which is a premium compared to the industry average of 22.7 [7] Industry Context - The Electronics - Semiconductors industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [7][8]
QuickLogic (QUIK) Laps the Stock Market: Here's Why
ZACKS· 2025-04-29 22:55
Group 1: Stock Performance - QuickLogic's stock closed at $5.67, reflecting a +1.8% increase from the previous day, outperforming the S&P 500's gain of 0.58% [1] - Over the last month, QuickLogic's shares have risen by 9%, significantly exceeding the Computer and Technology sector's gain of 0.6% and the S&P 500's loss of 0.84% [1] Group 2: Earnings Expectations - QuickLogic is expected to report an EPS of -$0.08, representing a 172.73% decline compared to the same quarter last year [2] - The consensus estimate for revenue is projected at $4 million, indicating a 33.44% decrease from the same quarter of the previous year [2] Group 3: Fiscal Year Projections - For the entire fiscal year, earnings are projected at $0.16 per share and revenue at $24.37 million, reflecting increases of +300% and +21.15% respectively from the prior year [3] Group 4: Analyst Estimates - Recent changes to analyst estimates for QuickLogic suggest a positive outlook on the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which evaluates these estimate changes, currently ranks QuickLogic at 2 (Buy) [6] Group 5: Valuation Metrics - QuickLogic is trading at a Forward P/E ratio of 35.94, which is a premium compared to the industry average Forward P/E of 21.85 [7] - The Electronics - Semiconductors industry, to which QuickLogic belongs, has a Zacks Industry Rank of 43, placing it in the top 18% of over 250 industries [7]
QuickLogic to Report First Quarter Fiscal 2025 Financial Results on Tuesday, May 13
Prnewswire· 2025-04-29 12:01
SAN JOSE, Calif., April 29, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP and ruggedized FPGAs and Endpoint AI solutions, today announced that it has scheduled a conference call to discuss its first quarter fiscal 2025 financial results on Tuesday, May 13, 2025. Date: Tuesday, May 13, 2025 Time: 5:30 p.m. ET/2:30 p.m. PT Dial-in: Toll Free: 1-877-407-0792; International: 1-201-689-8263 Passcode: No passcode needed Replay: (844) 512-2921; Passcode: 137532 ...
QuickLogic Delivers eFPGA Hard IP for Intel 18A Based Test Chip
Prnewswire· 2025-04-28 11:00
QuickLogic eFPGA Hard IP for Intel 18A is available now. It can be quickly tailored with varying resources of LUTs, Block RAM, and DSP Blocks to meet the application specific requirements for commercial and Defense Industrial Base (DIB) designs. For more information on QuickLogic's eFPGA Hard IP licensing and related solutions, please visit www.quicklogic.com. About QuickLogic QuickLogic Corporation is a fabless semiconductor company specializing in eFPGA Hard IP, discrete FPGAs, and endpoint AI solutions. ...
Faraday Adds QuickLogic eFPGA to FlashKit‑22RRAM SoC for IoT Edge
Prnewswire· 2025-04-24 11:05
Core Insights - QuickLogic Corporation has integrated its eFPGA IP into Faraday Technology Corporation's FlashKit™-22RRAM SoC Development Platform, enhancing flexibility for IoT applications [1][3] - The FlashKit-22RRAM platform is built on UMC's 22ULP process technology and supports both Arm Cortex-M7 and VeeR EH1 RISC-V processors, making it suitable for AIoT, consumer, and industrial applications [2][4] - The integration allows for post-silicon hardware adaptability, reducing time-to-market and extending product lifecycles through field upgradability [3][5] Company Overview - Faraday Technology Corporation focuses on sustainable IC solutions and offers a wide range of ASIC solutions and silicon IP, including various memory and interface technologies [6] - QuickLogic Corporation specializes in eFPGA Hard IP and endpoint AI solutions, providing customizable and low-power silicon solutions for various markets [7]
QuickLogic to Present and Exhibit at Andes RISC-V CON Technology Summit in San Jose
Prnewswire· 2025-04-23 11:00
Core Insights - QuickLogic Corporation will present at the Andes RISC-V CON Technology Summit on April 29, 2025, focusing on embedded FPGA (eFPGA) technology for RISC-V processing solutions [1][2] - The presentation will cover various use cases for eFPGA capabilities, including acceleration, co-processing, and peripheral integration, highlighting the flexibility and value added to ASIC-based designs [1][2] Company Overview - QuickLogic is a fabless semiconductor company specializing in eFPGA Hard IP, discrete FPGAs, and endpoint AI solutions, targeting markets such as aerospace, defense, industrial, consumer, and edge computing [3] - The company utilizes open-source development tools to provide highly customizable and low-power silicon solutions [3] Partner Overview - Andes Technology is a leader in commercial CPU IP and a founding member of RISC-V International, promoting the global adoption of RISC-V [4] - Andes offers a diverse RISC-V Processor IP portfolio, including 32-bit and 64-bit CPUs, and has over 16 billion Andes-powered SoCs in use worldwide [4]
QuickLogic (QUIK) Flat As Market Sinks: What You Should Know
ZACKS· 2025-04-04 22:51
Company Performance - QuickLogic's stock closed at $4.62, showing no change from the previous day, while outperforming the S&P 500, which fell by 5.98% [1] - Over the last month, QuickLogic's shares decreased by 25.12%, compared to a 10.81% loss in the Computer and Technology sector and a 7.66% loss in the S&P 500 [1] Upcoming Earnings - QuickLogic is expected to report an EPS of -$0.08, reflecting a decline of 172.73% from the same quarter last year [2] - Revenue is projected to be $4 million, indicating a decrease of 33.44% compared to the previous year’s quarter [2] Annual Estimates - For the annual period, earnings are anticipated to be $0.16 per share, representing a 300% increase from last year, with revenue expected at $24.37 million, a rise of 21.15% [3] Analyst Estimates - Recent changes to analyst estimates for QuickLogic are crucial as they often reflect short-term business dynamics, with positive revisions indicating a favorable business outlook [3][4] Zacks Rank - QuickLogic currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [5] - The Zacks Rank system has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [5] Valuation Metrics - QuickLogic has a Forward P/E ratio of 29.81, which is a premium compared to the industry average Forward P/E of 20.27 [6] - The Electronics - Semiconductors industry ranks in the top 19% of all industries, with a current Zacks Industry Rank of 47 [6]
Wall Street Bulls Look Optimistic About QuickLogic (QUIK): Should You Buy?
ZACKS· 2025-04-04 14:35
Group 1 - QuickLogic (QUIK) has an average brokerage recommendation (ABR) of 1.00, indicating a Strong Buy based on recommendations from three brokerage firms, all of which are Strong Buy [2][5] - Despite the Strong Buy recommendation, relying solely on ABR for investment decisions may not be advisable, as studies show brokerage recommendations often lack success in guiding investors towards stocks with significant price appreciation potential [5][10] - Brokerage analysts tend to exhibit a strong positive bias in their ratings, with a ratio of five "Strong Buy" recommendations for every "Strong Sell," indicating a misalignment of interests between brokerage firms and retail investors [6][10] Group 2 - The Zacks Rank, a proprietary stock rating tool, is presented in a different format than ABR, ranging from 1 to 5, and is based on earnings estimate revisions, which correlate strongly with near-term stock price movements [8][9][11] - QuickLogic's Zacks Consensus Estimate for the current year remains unchanged at $0.16, suggesting that analysts have steady views on the company's earnings prospects [13] - Due to the unchanged consensus estimate and other factors, QuickLogic holds a Zacks Rank of 3 (Hold), indicating a cautious approach despite the Buy-equivalent ABR [14]
QuickLogic to Exhibit at HEART Conference in Monterey
Prnewswire· 2025-04-03 15:05
Company Overview - QuickLogic Corporation is a fabless semiconductor company specializing in embedded FPGA (eFPGA) Hard IP, discrete FPGAs, and endpoint AI solutions [3] - The company combines cutting-edge technology with open-source tools to deliver highly customizable, low-power solutions for various markets including industrial, aerospace, consumer, and computing [3] Product Offerings - QuickLogic's adaptable eFPGA technology allows developers to fine-tune and scale their designs, providing an optimal balance of power, performance, and area (PPA) [1] - The Australis™ eFPGA IP Generator enables QuickLogic to rapidly create custom eFPGA IP cores tailored to unique customer requirements [1] - Recent additions to the supported process portfolio include Intel® 18A, GlobalFoundries® (GF) 12LP and 22FDX®, TSMC® N12e™, and UMC 22nm [2] Industry Position - QuickLogic has over three decades of industry experience, making it a trusted partner in Aerospace and Defense [2] - The company delivers eFPGA IP, purpose-built FPGA devices, and FPGA design tools that meet Size, Weight, and Power (SWaP) constraints while ensuring security, reliability, and longevity in extreme environments [2] Event Participation - QuickLogic will exhibit at the HEART 2025 Conference in Monterey, California, showcasing its eFPGA technology [1]
QuickLogic Announces $1.4 Million Incremental Funding Modification for its Strategic Radiation Hardened Program
Prnewswire· 2025-03-31 11:00
Core Insights - QuickLogic Corporation has been awarded an Incremental Funding Modification (IFM) of $1.43 million for its Strategic Radiation Hardened (SRH) Program, in addition to a previous contract of $6.58 million received in December 2024 [1][2] Group 1: Company Overview - QuickLogic Corporation is a fabless semiconductor company that specializes in embedded FPGA (eFPGA) Hard IP, discrete FPGAs, and endpoint AI solutions [2] - The company focuses on delivering highly customizable, low-power solutions for various markets including industrial, aerospace, consumer, and computing [2] Group 2: Strategic Initiatives - The IFM supports the continued development and demonstration of high reliability SRH FPGA technology, which is designed to meet the stringent standards of Aerospace and Defense Industrial Base customers [1][2] - The expanded scope of the ongoing contract highlights the program's aim to fulfill current and future Department of Defense (DoD) strategic and space system requirements [2]