Company Overview - QuickLogic's stock closed at $5.94, reflecting a -1.82% change from the previous day's closing price, underperforming the S&P 500's daily gain of 0.73% [1] - Over the past month, QuickLogic's shares have decreased by 2.26%, while the Computer and Technology sector gained 2.75% and the S&P 500 increased by 0.47% [1] Earnings Expectations - The upcoming earnings report for QuickLogic is scheduled for August 12, 2025, with an expected EPS of -$0.07, indicating a 40% decline compared to the same quarter last year [2] - The consensus estimate for quarterly revenue is projected at $4 million, down 3.15% from the previous year [2] Annual Performance Estimates - For the annual period, the Zacks Consensus Estimates predict an EPS of -$0.02 and revenue of $22.75 million, representing shifts of -150% and +13.12% respectively from the last year [3] - Recent changes in analyst estimates for QuickLogic suggest a favorable outlook on the company's business health and profitability [3] Industry Context - QuickLogic operates within the Electronics - Semiconductors industry, which is part of the Computer and Technology sector [6] - The industry currently holds a Zacks Industry Rank of 152, placing it in the bottom 39% of over 250 industries, indicating weaker performance compared to higher-ranked industries [6] Zacks Rank and Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates QuickLogic at 3 (Hold) [5] - The Zacks Rank has a historical track record of superior performance, with 1 stocks averaging an annual return of +25% since 1988 [5]
QuickLogic (QUIK) Stock Falls Amid Market Uptick: What Investors Need to Know