Here's Why QuickLogic (QUIK) Fell More Than Broader Market

Company Performance - QuickLogic's stock closed at $5.71, reflecting a decrease of -0.52% from the previous day's closing price, underperforming compared to the S&P 500's loss of 0.33% [1] - Over the last month, QuickLogic's shares have decreased by 21.48%, significantly underperforming the Computer and Technology sector's loss of 7.14% and the S&P 500's loss of 4.03% [2] - QuickLogic is projected to report earnings of -$0.08 per share, indicating a year-over-year decline of 172.73%, with expected revenue of $4 million, down 33.44% from the prior-year quarter [3] Future Outlook - For the full year, analysts expect QuickLogic to report earnings of $0.16 per share and revenue of $24.37 million, representing increases of +300% and +21.15% respectively from the previous year [4] - Recent adjustments to analyst estimates for QuickLogic indicate changing near-term business trends, with positive revisions seen as a favorable sign for the company's outlook [5] Valuation and Industry Context - QuickLogic currently has a Forward P/E ratio of 37.03, which is a premium compared to the industry average Forward P/E of 24.27 [8] - The Electronics - Semiconductors industry, to which QuickLogic belongs, has a Zacks Industry Rank of 61, placing it in the top 25% of over 250 industries [8]