QuickLogic (NASDAQ:QUIK – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Wednesday. The company provided earnings per share 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.
Wall Street Analyst Weigh In
Several brokerages have issued reports on QUIK. Needham & Company LLC decreased their price target on shares of QuickLogic from $20.00 to $12.00 and set a “buy” rating for the company in a research report on Wednesday. Weiss Ratings downgraded shares of QuickLogic from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, October 30th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $17.00.
Read Our Latest Stock Report on QuickLogic
QuickLogic Stock Performance
Shares of QUIK stock opened at $9.30 on Thursday. The business’s 50 day simple moving average is $10.02 and its 200 day simple moving average is $12.57. QuickLogic has a one year low of $5.28 and a one year high of $24.33. The stock has a market capitalization of $170.36 million, a PE ratio of -14.31 and a beta of 1.18. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.15 and a quick ratio of 2.06.
QuickLogic (NASDAQ:QUIK – Get Free Report) last released its quarterly earnings results on Tuesday, November 10th. The semiconductor company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.02). QuickLogic had a negative return on equity of 37.65% and a negative net margin of 57.94%. The firm had revenue of $5.14 million for the quarter, compared to the consensus estimate of $5.51 million. As a group, research analysts forecast that QuickLogic will post -0.26 earnings per share for the current year.
Insider Buying and Selling at QuickLogic
In other news, CFO Elias Nader sold 8,291 shares of the firm’s stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $10.21, for a total transaction of $84,651.11. Following the completion of the sale, the chief financial officer owned 88,845 shares of the company’s stock, valued at $907,107.45. This trade represents a 8.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Brian C. Faith sold 17,255 shares of the firm’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $10.21, for a total transaction of $176,173.55. Following the completion of the sale, the chief executive officer owned 271,065 shares of the company’s stock, valued at $2,767,573.65. The trade was a 5.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 90,044 shares of company stock valued at $950,748. 3.20% of the stock is currently owned by insiders.
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.
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