QuickLogic (NASDAQ:QUIK – Get Free Report) updated its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.070-0.070 for the period, compared to the consensus 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.
QuickLogic Stock Down 3.6%
QuickLogic stock opened at $7.92 on Wednesday. The business’s 50-day simple moving average is $10.04 and its two-hundred day simple moving average is $12.56. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.06 and a current ratio of 2.15. The company has a market cap of $145.11 million, a PE ratio of -10.44 and a beta of 1.18. QuickLogic has a fifty-two week low of $5.28 and a fifty-two week high of $24.33.
QuickLogic (NASDAQ:QUIK – Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $5.14 million during the quarter, compared to analysts’ expectations of $5.51 million. QuickLogic had a negative return on equity of 45.22% and a negative net margin of 80.18%. Equities analysts anticipate that QuickLogic will post -0.26 EPS for the current year.
Analysts Set New Price Targets
Several research analysts recently weighed in on the company. Weiss Ratings cut QuickLogic from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, October 30th. Needham & Company LLC lowered their price objective on QuickLogic from $20.00 to $12.00 and set a “buy” rating on the stock in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $17.00.
View Our Latest Stock Report on QuickLogic
Insider Activity at QuickLogic
In related news, CFO Elias Nader sold 8,291 shares of the business’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $10.21, for a total value 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 approximately $907,107.45. The trade was a 8.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Timothy Saxe sold 10,364 shares of the company’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 $105,816.44. Following the transaction, the vice president owned 152,214 shares of the company’s stock, valued at $1,554,104.94. This represents a 6.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 90,044 shares of company stock valued at $950,748. 3.20% of the stock is owned by company insiders.
Key QuickLogic News
Here are the key news stories impacting QuickLogic this week:
- Positive Sentiment: Fiscal Q3 revenue from continuing operations rose 153.2% year over year to $5.1 million, driven largely by about $4.0 million in new-product revenue. QuickLogic also reported a six-figure eFPGA Hard IP design win for an automotive/industrial system-on-chip application. QuickLogic Reports Fiscal Third Quarter 2026 Financial Results
- Neutral Sentiment: The company’s GAAP net loss narrowed to $2.2 million from $4.0 million a year earlier. QuickLogic ended the quarter with $19.2 million in cash and cash equivalents and named James Sullivan senior vice president of finance and CFO. QuickLogic Reports Q3 Revenue as Net Loss Narrows
- Negative Sentiment: Revenue was down 6.3% sequentially and missed the $5.51 million consensus estimate. QuickLogic reported a loss of $0.07 per share, wider than analysts’ expected $0.05 loss. These shortfalls temper the headline year-over-year growth. QuickLogic Reports Q3 Loss, Lags Revenue Estimates
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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