Core Viewpoint - Brokerage recommendations, particularly for QuickLogic (QUIK), show a strong average brokerage recommendation (ABR) of 1.00, indicating a Strong Buy, based on three recommendations from brokerage firms [2] Group 1: Brokerage Recommendations - QuickLogic has an ABR of 1.00, with all three recommendations classified as Strong Buy, representing 100% of the total recommendations [2] - Despite the positive ABR, reliance solely on brokerage recommendations for investment decisions may not be wise, as studies indicate limited success in guiding investors towards stocks with the best price increase potential [4][5] Group 2: Zacks Rank vs. ABR - Zacks Rank, a proprietary stock rating tool, categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, showing a strong correlation with near-term stock price movements [7][10] - The Zacks Rank is distinct from ABR, as ABR is based solely on brokerage recommendations, while Zacks Rank utilizes a quantitative model reflecting earnings estimates [8] - The Zacks Rank is more timely in predicting future stock prices due to constant revisions by brokerage analysts, unlike the potentially outdated ABR [11] Group 3: QuickLogic's Earnings Estimates - The Zacks Consensus Estimate for QuickLogic remains unchanged at $0.03 for the current year, indicating steady analyst views on the company's earnings prospects [12] - The unchanged consensus estimate has led to a Zacks Rank of 3 (Hold) for QuickLogic, suggesting caution despite the Buy-equivalent ABR [13]

Announces Participation in Upcoming Investor ConferencesSAN JOSE, Calif., Feb. 11, 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 fourth quarter fiscal 2024 financial results on Tuesday, February 25, 2025.Date: Tuesday, February 25, 2025Time: 5:30 p.m. ET/2:30 p.m. PTDial-in: Toll Free: 1-877-407-0792; International: 1-201-689-8263Passcod ...

SAN JOSE, Calif., Feb. 10, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading provider of embedded FPGA (eFPGA) Hard IP, and ruggedized FPGAs, today announced the integration of the Synopsys Synplify® synthesis tool into its FPGA User Tools. This integration enhances QuickLogic's design environment by accelerating FPGA-based design cycles, improving PPA and enabling engineers to work in a familiar design environment. With Synplify's well-established synthesis capabilities now accessible w ...

SAN JOSE, Calif., Feb. 10, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP and ruggedized FPGAs, today announced the release of Aurora the 2.9 software tool. This latest version of the company's popular eFPGA design tool introduces a suite of enhanced capabilities, empowering engineers with improved performance and ease of use for the embedded BRAM and DSP blocks.Key enhancements in Aurora 2.9 include: BlockRAM and DSP IP Configurator: Enables seamles ...

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?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 recommendation (ABR) of 1.00, ...

Core Viewpoint - QuickLogic's stock performance has been underwhelming compared to broader market indices, with a significant decline over the past month and a projected drop in earnings and revenue for the upcoming quarter [1][2]. Group 1: Stock Performance - QuickLogic closed at $7.94, reflecting a gain of 1.15% from the previous trading session, outperforming the S&P 500's gain of 0.72% [1] - Over the last month, QuickLogic's shares have decreased by 34.03%, contrasting with the Computer and Technology sector's loss of 1.35% and the S&P 500's gain of 1.02% [1] Group 2: Earnings Projections - The upcoming EPS for QuickLogic is projected at $0.03, indicating an 83.33% decline compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is expected to be $6.1 million, down 18.45% from the previous year [2] Group 3: Analyst Projections - Recent shifts in analyst projections for QuickLogic are important for investors, as upward revisions indicate positive sentiment regarding the company's business operations and profit generation [3] Group 4: Valuation Metrics - QuickLogic's Forward P/E ratio stands at 37.38, which is a premium compared to the industry's average Forward P/E of 24.24 [6] - The Electronics - Semiconductors industry, which includes QuickLogic, has a Zacks Industry Rank of 85, placing it in the top 34% of over 250 industries [6] Group 5: Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 rated stocks producing an average annual return of +25% since 1988 [5] - QuickLogic currently holds a Zacks Rank of 3 (Hold), with no changes in the consensus EPS estimate over the last 30 days [5]

Group 1 - Wall Street analysts' recommendations significantly influence investors' decisions on stocks, particularly for QuickLogic (QUIK) [1][2] - QuickLogic has an average brokerage recommendation (ABR) of 1.00, indicating a Strong Buy, with all three recommendations being Strong Buy [2] - Despite the positive ABR, relying solely on this information for investment decisions may not be advisable, as studies show brokerage recommendations often lack success in guiding investors [4][9] Group 2 - Brokerage firms tend to exhibit a strong positive bias in their ratings due to vested interests, leading to a disproportionate number of Strong Buy recommendations compared to Strong Sell [5][9] - The Zacks Rank, a proprietary stock rating tool, categorizes stocks based on earnings estimate revisions and is considered a more effective indicator of near-term stock price performance [7][10] - QuickLogic's Zacks Consensus Estimate for the current year remains unchanged at $0.03, suggesting the stock may perform in line with the broader market [12] Group 3 - The recent consensus estimate change and other related factors have resulted in a Zacks Rank 3 (Hold) for QuickLogic, indicating caution despite the Buy-equivalent ABR [13]

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) 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 ...

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 ...