QuickLogic Corporation (QUIK)

NASDAQ: QUIK · IEX Real-Time Price · USD
11.94
-0.16 (-1.32%)
At close: May 17, 2024, 4:00 PM
12.35
+0.41 (3.43%)
Pre-market: May 20, 2024, 8:21 AM EDT
-1.32%
Market Cap 172.22M
Revenue (ttm) 23.07M
Net Income (ttm) 1.07M
Shares Out 14.42M
EPS (ttm) 0.07
PE Ratio 170.57
Forward PE 43.04
Dividend n/a
Ex-Dividend Date n/a
Volume 226,270
Open 12.23
Previous Close 12.10
Day's Range 11.76 - 12.37
52-Week Range 5.60 - 20.75
Beta 1.61
Analysts Strong Buy
Price Target 14.50 (+21.44%)
Earnings Date May 13, 2024

About QUIK

QuickLogic Corporation operates as a fabless semiconductor company in the United States. The company offers embedded FPGA intellectual property, low power, multicore semiconductor system-on-chips, discrete FPGAs, and AI software; and end-to-end artificial intelligence/machine learning solution with accurate sensor algorithms using AI technology. It provides various platforms, such as software tools and eFPGA IP enables the adoption of AI, voice, and sensor processing across aerospace, and defense, consumer/industrial IOT, and consumer electroni... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Jul 11, 1997
Employees 49
Stock Exchange NASDAQ
Ticker Symbol QUIK
Full Company Profile

Financial Performance

In 2023, QuickLogic's revenue was $21.20 million, an increase of 31.01% compared to the previous year's $16.18 million. Losses were -$263,000, -93.84% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for QUIK stock is "Strong Buy." The 12-month stock price forecast is $14.5, which is an increase of 21.44% from the latest price.

Price Target
$14.5
(21.44% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

SensiML Launches First Complete Open-Source AutoML Solution for Edge AI/ML Development

Hardware-agnostic solution supports a broad array of edge processors and silicon vendors Establishes a foundation for community-driven edge ML innovation including generative AI, synthetic data genera...

6 days ago - PRNewsWire

QuickLogic Reports First Quarter Fiscal 2024 Results, On Track for Revenue Growth of 30% and Positive Cash Flow in 2024

SAN JOSE, Calif. , May 13, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutio...

6 days ago - PRNewsWire

QuickLogic Presents Latest RadHard eFPGA IP and FPGAs at SEE/MAPLD 2024

SAN JOSE, Calif., May 10, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, is set to showcase its newest...

9 days ago - PRNewsWire

QuickLogic to Report First Quarter Fiscal 2024 Financial Results on Monday, May 13, 2024

Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif. , May 7, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs...

13 days ago - PRNewsWire

QuickLogic Releases Aurora 2.6 with Expanded Operating System Support and Up to 15% Faster Performance

- Extends support to Windows 11 and Windows 10, broadening access to development tools- Boosts timing performance by up to 15%, for more efficient design optimization SAN JOSE, Calif. , May 1, 2024 /P...

19 days ago - PRNewsWire

QuickLogic to Showcase FPGA/eFPGA Expertise at HEART Conference

SAN JOSE, Calif. , April 11, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs and Endpoint AI/ML solutions, is pleased to anno...

5 weeks ago - PRNewsWire

SensiML at Embedded World 2024

PORTLAND, Ore. , April 4, 2024 /PRNewswire/ -- SensiML™ Corporation, a leader in AI software for IoT and a subsidiary of QuickLogic (NASDAQ: QUIK), today announced that it is exhibiting at Embedded Wo...

6 weeks ago - PRNewsWire

QuickLogic Announces Radhika Krishnan Stepping Down From its Board of Directors

SAN JOSE, Calif. , April 1, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI/ML solutions, today announced that Rad...

6 weeks ago - PRNewsWire

QuickLogic and Zero-Error Systems Partner to Deliver Radiation-Tolerant eFPGA IP for Commercial Space Applications

- Australis™ IP Generator creates eFPGA IP that is optimized to meet customers' unique PPA requirements - ZES's radiation-hardened-by-design cell libraries deliver 3.5x better PPA than current solutio...

2 months ago - PRNewsWire

QuickLogic to Exhibit at GOMACTech 2024

SAN JOSE, Calif. , March 13, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI/ML solutions, is pleased to announce ...

2 months ago - PRNewsWire

QuickLogic Announces eFPGA IP Contract for TSMC N12e™ Process Technology

SAN JOSE, Calif. , March 5, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML solutions, ...

2 months ago - PRNewsWire

QuickLogic Signs 7-Figure eFPGA IP Contract for GlobalFoundries' 12LP Process

SAN JOSE, Calif. , Feb. 28, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) IP and User Tools, ruggedized FPGAs, and Endpoint AI/ML solutions, ...

2 months ago - PRNewsWire

QuickLogic Reports Record Fourth Quarter Net Income and Full Year 2023 Non-GAAP Profitability

SAN JOSE, Calif. , Feb. 27, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI soluti...

2 months ago - PRNewsWire

QuickLogic to Report Fourth Quarter and Fiscal Year 2023 Financial Results on Tuesday, February 27, 2024

SAN JOSE, Calif. , Feb. 13, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI solutions, today announced it has sche...

3 months ago - PRNewsWire

QuickLogic at Chiplet Summit: CEO Panel Participation and Showcase eFPGAs

SAN JOSE, Calif. , Feb. 1, 2024 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs, and Endpoint AI/ML solutions, will participate...

3 months ago - PRNewsWire

SensiML Unveils Data Studio - Next-Generation Sensor Data Management for AI / ML

Comprehensive platform for collaborative sensor data capture, labeling, analysis, and modeling Powerful built-in visualizations, analysis packages and Python plugins unlock sensor data insights SensiM...

5 months ago - PRNewsWire

QuickLogic Announces the Amendment and Extension of Credit Facility

SAN JOSE, Calif. , Dec. 12, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI soluti...

5 months ago - PRNewsWire

QuickLogic CEO Invited to Present on Open-Source FPGA Developments at FPT'23 in Japan

SAN JOSE, Calif. , Dec. 5, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a leading developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs, and Endpoint AI/ML solutions, today announced ...

5 months ago - PRNewsWire

QuickLogic Secures New eFPGA IP Contract on UMC's 22nm Process

eFPGA IP deal with global semiconductor leader Australis IP Generator will enable customized hard IP delivered within one quarter from contract signing SAN JOSE, Calif. , Nov. 30, 2023 /PRNewswire/ --...

6 months ago - PRNewsWire

QuickLogic Announces New Aurora™ FPGA/eFPGA User Tools with Enhancements for Reconfigurable Computing

Built on strong foundation of open-source modules for commercial deployments Supports additional HDL inferencing and design debug capabilities New Features improves utilization and performance for rec...

6 months ago - PRNewsWire

QuickLogic Reports Third Quarter Fiscal 2023 Results Including Record Non-GAAP Net Income

SAN JOSE, Calif. , Nov. 14, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs and Endpoint AI soluti...

6 months ago - PRNewsWire

QuickLogic to Showcase Innovative eFPGA Solutions at Space Tech Expo Europe 2023

SAN JOSE, Calif. , Nov. 9, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs, and Endpoint AI/ML solutions, will be a featured exhib...

6 months ago - PRNewsWire

QuickLogic to Report Third Quarter Fiscal Year 2023 Financial Results on Tuesday, November 14, 2023

Announces Participation in Upcoming Investor Conferences SAN JOSE, Calif. , Nov. 1, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGA...

7 months ago - PRNewsWire

QuickLogic to Present at RHET 2023

SAN JOSE, Calif. , Oct. 31, 2023 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) IP, ruggedized FPGAs, and Endpoint AI/ML solutions, will present at the Rad...

7 months ago - PRNewsWire

SensiML and Silicon Technology Join Forces to Advance Edge AI Solutions with Japanese OEMs

Partnership combines industry leading IoT edge AI/ML development tool suite with specialized Japanese electronics distributor Expands knowledgeable local support for leading Japan consumer electronics...

8 months ago - PRNewsWire