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QuickLogic (QUIK) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-02-04 23:56
QuickLogic (QUIK) closed the most recent trading day at $7.94, moving +1.15% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.72% for the day. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.35%.The maker of chips for mobile and portable electronics manufacturers's shares have seen a decrease of 34.03% over the last month, not keeping up with the Computer and Technology sector's loss of 1.35% and the S&P 500's gain of 1.02%.The investment co ...
Is QuickLogic (QUIK) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2025-01-20 15:36
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about QuickLogic (QUIK) .QuickLogic currently has an average brokerage ...
QuickLogic to Exhibit at Chiplet Summit 2025
Prnewswire· 2025-01-17 18:22
SAN JOSE, Calif., Jan. 17, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), in collaboration with YorChip, is excited to announce its participation at the Chiplet Summit taking place at the Santa Clara Convention Center from January 21–23, 2025. Attendees are invited to Booth #323 to discover how QuickLogic's FPGA, eFPGA, and IP solutions provide the building blocks for creating low-power, flexible chiplets. By leveraging QuickLogic's robust chiplet ecosystem, engineers can seamlessly integrate a ...
QuickLogic (QUIK) Rises Higher Than Market: Key Facts
ZACKS· 2025-01-15 00:01
QuickLogic (QUIK) closed the most recent trading day at $8.51, moving +0.35% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.12% for the day. Elsewhere, the Dow saw an upswing of 0.52%, while the tech-heavy Nasdaq depreciated by 0.23%.Prior to today's trading, shares of the maker of chips for mobile and portable electronics manufacturers had gained 4.82% over the past month. This has outpaced the Computer and Technology sector's loss of 3.73% and the S&P 500's ...
QuickLogic Signs Agreement with Magenta to Expand Distribution Network to Turkiye and UAE
Prnewswire· 2025-01-14 12:33
SAN JOSE, Calif., Jan. 14, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, and ruggedized FPGAs, is pleased to announce that it recently signed a distribution agreement with Magenta Technology Limited, a critical technologies and components supplier headquartered in Ankara.  This partnership will expand QuickLogic's presence across Turkiye and the UAE, reaching customers in high-demand sectors including defense, aerospace, and telecommunications."Par ...
QuickLogic Announces Strategic Process for SensiML
Prnewswire· 2025-01-07 11:00
SAN JOSE, Calif., Jan. 7, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP and ruggedized FPGAs, today announced its Board of Directors is actively exploring options for its wholly-owned subsidiary, SensiML. Preliminary discussions are underway with potential strategic partners regarding the possible sale of SensiML or its assets. With the increasing interest in applying Artificial Intelligence (AI) and Machine Learning (ML) in edge applications, there ...
QuickLogic Announces Participation in Upcoming Needham and Oppenheimer Investor Conferences
Prnewswire· 2025-01-06 12:30
SAN JOSE, Calif., Jan. 6, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced that its management is scheduled to participate in the 27th Annual Needham Growth Conference in New York City on January 15, 2025 as well as the virtual Oppenheimer 10th Annual Emerging Growth Conference on February 26, 2025. January 15 27th Annual Needham Growth Conference Presentation: 3:45 PM ET Lotte NY Palac ...
Brokers Suggest Investing in QuickLogic (QUIK): Read This Before Placing a Bet
ZACKS· 2025-01-03 15:46
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about QuickLogic (QUIK) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.QuickLogic currently has an average brokerage recommendation ...
QuickLogic Announces $6.575 Million Contract Award for its Strategic Radiation Hardened Program
Prnewswire· 2024-12-23 12:33
Award represents the fourth tranche of the multi-year program initiated in August 2022SAN JOSE, Calif., Dec. 23, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs, and endpoint AI solutions, announced today it has been awarded a $6.575 million contract. This funding will support the continued development and demonstration of Strategic Radiation Hardened (SRH) high reliability Field Programmable Gate Array (FPGA) technology. The initia ...
QuickLogic Analyst Sees 'Cold War 2.0' As Growth Catalyst
Benzinga· 2024-12-17 17:20
Shares of QuickLogic Corp QUIK have lost almost 40% year to date.The company supplies niche hardware and critical infrastructure in the FPGA (Field-Programmable Gate Array) market, which is being driven by "Cold War 2.0 and the weaponization of outer space," according to Northland Capital Markets.Analyst Gus Richard initiated coverage of QuickLogic with an Outperform rating and a price target of $11.60.The QuickLogic Thesis: FPGAs are used in a wide variety of applications and the market for these is not "w ...