Q1 EPS Estimates for QuickLogic Lowered by Northland Capmk

QuickLogic Co. (NASDAQ:QUIK - Free Report) - Research analysts at Northland Capmk decreased their Q1 2025 EPS estimates for shares of QuickLogic in a research note issued on Sunday, March 2nd. Northland Capmk analyst G. Richard now anticipates that the semiconductor company will earn ($0.13) per share for the quarter, down from their previous estimate of ($0.05). Northland Capmk currently has a "Strong-Buy" rating on the stock. The consensus estimate for QuickLogic's current full-year earnings is ($0.29) per share. Northland Capmk also issued estimates for QuickLogic's Q2 2025 earnings at ($0.02) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.00 EPS, FY2025 earnings at ($0.14) EPS and FY2026 earnings at ($0.02) EPS.

Other equities analysts have also issued research reports about the company. Craig Hallum decreased their target price on QuickLogic from $12.00 to $10.00 and set a "buy" rating on the stock in a research note on Tuesday, November 12th. Northland Securities started coverage on shares of QuickLogic in a research note on Tuesday, December 17th. They issued an "outperform" rating and a $11.60 price objective for the company. Finally, StockNews.com upgraded shares of QuickLogic to a "sell" rating in a report on Wednesday, December 11th. One research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $11.53.

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QuickLogic Trading Up 0.3 %

Shares of QUIK traded up $0.02 during midday trading on Wednesday, hitting $6.19. 152,236 shares of the stock were exchanged, compared to its average volume of 264,567. QuickLogic has a 52-week low of $5.56 and a 52-week high of $20.75. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.05 and a current ratio of 1.12. The stock has a fifty day simple moving average of $8.37 and a 200 day simple moving average of $8.10. The firm has a market cap of $95.02 million, a P/E ratio of -61.90 and a beta of 1.36.

Hedge Funds Weigh In On QuickLogic

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Herald Investment Management Ltd raised its holdings in QuickLogic by 46.1% in the fourth quarter. Herald Investment Management Ltd now owns 730,379 shares of the semiconductor company's stock valued at $8,231,000 after acquiring an additional 230,379 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of QuickLogic in the 4th quarter valued at approximately $2,192,000. Deutsche Bank AG raised its holdings in shares of QuickLogic by 18,802.4% in the 4th quarter. Deutsche Bank AG now owns 71,262 shares of the semiconductor company's stock valued at $805,000 after purchasing an additional 70,885 shares in the last quarter. Connecticut Wealth Management LLC purchased a new stake in shares of QuickLogic during the 4th quarter worth $364,000. Finally, State Street Corp grew its stake in shares of QuickLogic by 15.6% during the third quarter. State Street Corp now owns 198,500 shares of the semiconductor company's stock worth $1,522,000 after purchasing an additional 26,774 shares in the last quarter. Hedge funds and other institutional investors own 31.54% of the company's stock.

QuickLogic Company Profile

QuickLogic Corporation operates as a fabless semiconductor company in the United States. The company offers embedded FPGA intellectual property, low power, multicore semiconductor system-on-chips, discrete FPGAs, and AI software; and end-to-end artificial intelligence/machine learning solution with accurate sensor algorithms using AI technology.