QuickLogic (NASDAQ:QUIK – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided EPS 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%
Shares of QUIK opened at $7.92 on Wednesday. The stock has a 50 day moving average price of $10.04 and a 200 day moving average price of $12.56. QuickLogic has a one year low of $5.28 and a one year high of $24.33. 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 stock has a market capitalization of $145.11 million, a price-to-earnings ratio of -10.44 and a beta of 1.18.
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 for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). QuickLogic had a negative net margin of 80.18% and a negative return on equity of 45.22%. The firm had revenue of $5.14 million during the quarter, compared to analysts’ expectations of $5.51 million. Equities research analysts forecast that QuickLogic will post -0.26 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on QUIK. Weiss Ratings cut shares of QuickLogic from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, October 30th. Needham & Company LLC cut their price objective on shares of QuickLogic from $20.00 to $12.00 and set a “buy” rating for the company in a report on Wednesday. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, QuickLogic presently has a consensus rating of “Hold” and an average price target of $17.00.
View Our Latest Stock Report on QUIK
Insider Activity at QuickLogic
In other news, CFO Elias Nader sold 12,152 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 transaction of $131,241.60. Following the sale, the chief financial officer owned 82,255 shares of the company’s stock, valued at approximately $888,354. This represents a 12.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brian Faith sold 25,292 shares of QuickLogic stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $10.80, for a total transaction of $273,153.60. Following the sale, the chief executive officer directly owned 255,791 shares of the company’s stock, valued at approximately $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. Insiders sold 90,044 shares of company stock worth $950,748 in the last three months. 3.20% of the stock is owned by company insiders.
QuickLogic News Roundup
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
About QuickLogic
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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