QuickLogic (NASDAQ:QUIK) Issues Earnings Results

QuickLogic (NASDAQ:QUIK) released its quarterly earnings data on Tuesday. The semiconductor company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02), FiscalAI reports. QuickLogic had a negative net margin of 80.18% and a negative return on equity of 45.22%. The company had revenue of $5.14 million for the quarter, compared to analyst estimates of $5.51 million.

Here are the key takeaways from QuickLogic’s conference call:

• Positive Sentiment: QuickLogic reported Q3 revenue of $5.1 million, up 153% year over year, and forecasts Q4 revenue of $8 million, implying 72% full-year 2026 growth. Management expects Q4 non-GAAP net income of about $1.3 million and full-year cash-flow-positive operations.
• Negative Sentiment: Q3 revenue came in below the guidance midpoint after a customer expanded negotiations on a roughly $1 million IP contract to include a storefront provision. QuickLogic expects to finalize the contract and recognize revenue in Q4, so part of its outlook depends on closing customer agreements on time.
• Positive Sentiment: Management described growing eFPGA IP opportunities across automotive, industrial robotics, biomedical, defense, aerospace, satellite, and data-center markets. Several contracts and design wins could add ratable IP revenue and, if customer products enter production, ongoing royalties; however, some prospects remain unawarded or under evaluation.
• Positive Sentiment: QuickLogic is targeting storefront revenue in 2027 from RadPro devices, FPGA and chiplet solutions, and smaller packages for mature antifuse products. Management sees potential for a multimillion-dollar market in the smaller-package opportunity, but these revenue expectations depend on customer demand, evaluations, and planned development milestones.

QuickLogic Price Performance

QUIK stock traded up $0.97 during trading on Wednesday, hitting $9.19. 130,344 shares of the stock traded hands, compared to its average volume of 322,336. The stock has a market cap of $168.40 million, a price-to-earnings ratio of -11.94 and a beta of 1.18. QuickLogic has a one year low of $5.28 and a one year high of $24.33. The company has a current ratio of 2.15, a quick ratio of 2.06 and a debt-to-equity ratio of 0.03. The company has a 50 day simple moving average of $10.04 and a 200 day simple moving average of $12.56.

Trending Headlines about QuickLogic

Here are a few of the latest headlines about QUIK:

• Positive Sentiment: QuickLogic forecast fourth-quarter 2026 EPS of $0.07, above the $0.06 consensus, and revenue of $7.2 million–$8.8 million, a range with a midpoint above the $7.4 million estimate.
• Positive Sentiment: Third-quarter revenue rose 153% year over year to $5.14 million, and the company reported a six-figure eFPGA Hard IP design win for an automotive/industrial application. QuickLogic third-quarter 2026 results
• Negative Sentiment: Needham cut its price target to $12 from $20, signaling a lower valuation outlook, although it maintained its Buy rating. Needham price-target update

Insiders Place Their Bets

In other QuickLogic news, CEO Brian Faith sold 17,255 shares of the company’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $10.21, for a total transaction of $176,173.55. Following the sale, the chief executive officer directly owned 271,065 shares of the company’s stock, valued at approximately $2,767,573.65. This represents a 5.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Timothy Saxe sold 10,364 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $10.21, for a total transaction of $105,816.44. Following the sale, the vice president directly owned 152,214 shares of the company’s stock, valued at approximately $1,554,104.94. The trade was a 6.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 90,044 shares of company stock valued at $950,748. 3.20% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

QUIK has been the subject of several analyst reports. Needham & Company LLC cut their target price on QuickLogic from $20.00 to $12.00 and set a “buy” rating for the company in a research report on Wednesday. Weiss Ratings lowered QuickLogic from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, October 30th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $17.00.

QuickLogic Company Profile

QuickLogic Corporation is a fabless semiconductor company that develops low-power, programmable semiconductor solutions and embedded FPGA (eFPGA) intellectual property. Its technology is designed to allow customers to add configurable logic to application-specific integrated circuits (ASICs) and systems-on-chip (SoCs), helping support customization, connectivity, sensor processing and other functions without requiring a separate FPGA device. The company offers eFPGA IP, customer-specific standard products (CSSPs), and related development tools and design services.