QuickLogic (NASDAQ:QUIK – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.070-0.070 for the period, compared to the consensus EPS estimate of 0.060. The company issued revenue guidance of $7.2 million-$8.8 million, compared to the consensus revenue estimate of $7.4 million. QuickLogic also updated its FY 2026 guidance to EPS.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. Weiss Ratings cut shares of QuickLogic from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, October 30th. Needham & Company LLC reduced their target price on shares of QuickLogic from $20.00 to $12.00 and set a “buy” rating for the company in a research report on Wednesday. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, QuickLogic currently has a consensus rating of “Hold” and an average target price of $17.00.
Get Our Latest Stock Report on QuickLogic
QuickLogic Stock Up 6.6%
QUIK opened at $9.91 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.15 and a quick ratio of 2.06. The company’s 50 day simple moving average is $10.01 and its two-hundred day simple moving average is $12.57. QuickLogic has a 1-year low of $5.28 and a 1-year high of $24.33.
QuickLogic (NASDAQ:QUIK – Get Free Report) last issued its earnings results on Tuesday, November 10th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The company had revenue of $5.14 million for the quarter, compared to analyst estimates of $5.51 million. QuickLogic had a negative return on equity of 37.65% and a negative net margin of 57.94%. Research analysts anticipate that QuickLogic will post -0.26 earnings per share for the current year.
Insider Buying and Selling
In other QuickLogic news, VP Timothy Saxe sold 15,190 shares of the company’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $10.80, for a total value of $164,052.00. Following the completion of the sale, the vice president directly owned 143,976 shares in the company, valued at $1,554,940.80. This represents a 9.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brian C. Faith sold 25,292 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $10.80, for a total value of $273,153.60. Following the completion of the sale, the chief executive officer directly owned 255,791 shares of the company’s stock, valued at $2,762,542.80. This trade represents a 9.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 90,044 shares of company stock worth $950,748. 3.20% of the stock is owned by corporate insiders.
About QuickLogic
QuickLogic is a fabless semiconductor company that develops low-power programmable logic products and embedded FPGA (eFPGA) technology. Its offerings include stand-alone FPGA devices, eFPGA intellectual property that customers can integrate into their own chips, and related design tools and services. The company also provides SensiML, a software toolkit for developing and deploying machine-learning applications on edge devices. QuickLogic’s technologies are designed for use in areas such as the Internet of Things, industrial systems, aerospace and defense, and consumer electronics.
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