QuickLogic (QUIK) Stock Forecast, Price Target & Predictions


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QUIK Stock Forecast


QuickLogic stock forecast is as follows: an average price target of $13.00 (represents a 65.82% upside from QUIK’s last price of $7.84) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

QUIK Price Target


The average price target for QuickLogic (QUIK) is $13.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $13.00. This represents a potential 65.82% upside from QUIK's last price of $7.84.

QUIK Analyst Ratings


Buy

According to 1 Wall Street analysts, QuickLogic's rating consensus is 'Buy'. The analyst rating breakdown for QUIK stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

QuickLogic Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 14, 2024Martin YangOppenheimer$13.00$9.4238.00%65.82%

The latest QuickLogic stock forecast, released on Aug 14, 2024 by Martin Yang from Oppenheimer, set a price target of $13.00, which represents a 38.00% increase from the stock price at the time of the forecast ($9.42), and a 65.82% increase from QUIK last price ($7.84).

QuickLogic Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$13.00
Last Closing Price$7.84$7.84$7.84
Upside/Downside-100.00%-100.00%65.82%

In the current month, the average price target of QuickLogic stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to QuickLogic's last price of $7.84. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 14, 2024OppenheimerOutperformOutperformHold

QuickLogic's last stock rating was published by Oppenheimer on Aug 14, 2024. The company gave QUIK a "Outperform" rating, the same as its previous rate.

QuickLogic Financial Forecast


QuickLogic Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue--------$7.48M$6.67M$2.92M$4.13M$3.71M$3.46M$4.54M$4.10M$2.50M$3.86M$2.88M$2.24M-$1.78M$2.20M$2.16M$2.87M$2.16M$2.09M$3.19M$2.76M$3.17M
Avg Forecast$6.20M$5.90M$5.60M$5.90M$6.10M$4.20M$4.50M$6.20M$7.40M$6.50M$5.00M$4.30M$4.33M$3.40M$4.47M$4.00M$3.90M$3.83M$2.80M$2.50M$2.70M$2.00M$2.37M$2.23M$2.93M$2.10M$2.20M$3.50M$2.76M$3.17M
High Forecast$6.25M$5.95M$5.65M$5.95M$6.15M$4.24M$4.54M$6.25M$7.46M$6.55M$5.04M$4.34M$4.37M$3.40M$4.47M$4.00M$3.90M$3.83M$2.80M$2.50M$2.70M$2.00M$2.37M$2.23M$2.93M$2.10M$2.20M$3.50M$3.31M$3.80M
Low Forecast$6.15M$5.85M$5.55M$5.85M$6.05M$4.17M$4.46M$6.15M$7.34M$6.45M$4.96M$4.26M$4.30M$3.40M$4.47M$4.00M$3.90M$3.83M$2.80M$2.50M$2.70M$2.00M$2.37M$2.23M$2.93M$2.10M$2.20M$3.50M$2.21M$2.54M
# Analysts111111111111111111111388912778168
Surprise %--------1.01%1.03%0.58%0.96%0.86%1.02%1.02%1.02%0.64%1.01%1.03%0.90%-0.89%0.93%0.97%0.98%1.03%0.95%0.91%1.00%1.00%

QuickLogic's average Quarter revenue forecast for Mar 24 based on 1 analysts is $6.20M, with a low forecast of $6.15M, and a high forecast of $6.25M. QUIK's average Quarter revenue forecast represents a -17.10% decrease compared to the company's last Quarter revenue of $7.48M (Dec 23).

QuickLogic EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111111111111111111111388912778168
EBITDA--------$2.12M$1.28M$-2.23M$-1.10M$-1.57M$-1.06M$-313.00K$-847.00K$-2.73M$-1.11M$-1.98M$-2.53M-$-1.91M$-2.79M$-2.58M$-2.89M$-4.14M$-4.48M$-3.66M$-3.53M$-3.11M
Avg Forecast$-3.17M$-3.01M$-2.86M$-3.01M$-3.11M$-2.14M$-2.30M$-1.17M$-3.78M$-3.32M$-2.55M$-1.06M$-1.74M$-1.85M$-2.43M$-968.00K$-2.12M$-2.08M$-1.52M$-782.71K$-1.47M$-1.09M$-1.29M$-2.03M$-1.60M$-1.14M$-1.20M$-3.37M$-3.53M$-3.11M
High Forecast$-3.14M$-2.99M$-2.84M$-2.99M$-3.09M$-2.13M$-2.28M$-937.02K$-3.75M$-3.29M$-2.53M$-851.84K$-1.39M$-1.85M$-2.43M$-774.40K$-2.12M$-2.08M$-1.52M$-626.16K$-1.47M$-1.09M$-1.29M$-1.62M$-1.60M$-1.14M$-1.20M$-2.70M$-2.83M$-2.49M
Low Forecast$-3.19M$-3.04M$-2.88M$-3.04M$-3.14M$-2.16M$-2.32M$-1.41M$-3.81M$-3.35M$-2.57M$-1.28M$-2.09M$-1.85M$-2.43M$-1.16M$-2.12M$-2.08M$-1.52M$-939.25K$-1.47M$-1.09M$-1.29M$-2.43M$-1.60M$-1.14M$-1.20M$-4.04M$-4.24M$-3.74M
Surprise %---------0.56%-0.39%0.87%1.03%0.90%0.57%0.13%0.88%1.29%0.53%1.30%3.23%-1.75%2.17%1.28%1.81%3.62%3.75%1.09%1.00%1.00%

1 analysts predict QUIK's average Quarter EBITDA for Mar 24 to be $-1.17M, with a high of $-937.02K and a low of $-1.41M. This is -155.25% lower than QuickLogic's previous annual EBITDA (Dec 23) of $2.12M.

QuickLogic Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111111111111111111111388912778168
Net Income--------$2.04M$1.19M$-2.27M$-1.23M$-1.58M$-1.35M$-524.00K$-1.16M$-2.94M$-1.28M$-2.06M$-1.69M-$-2.06M$-2.98M$-3.17M$-3.06M$-4.27M$-4.63M$-3.48M$-3.97M$-3.56M
Avg Forecast$291.10K$145.55K$2.04M$145.55K$363.88K$-727.75K$72.78K$-1.61M$1.89M$1.96M$-218.32K$-1.46M$-1.87M$-1.54M$-433.17K$-1.33M$-1.06M$-914.47K$-2.17M$-989.51K$-1.88M$-2.70M$-3.42M$-2.29M$-4.38M$-8.09M$-8.09M$-3.48M$-3.97M$-3.57M
High Forecast$294.25K$147.13K$2.06M$147.13K$367.82K$-719.87K$73.56K$-1.29M$1.91M$1.99M$-215.96K$-1.17M$-1.49M$-1.54M$-433.17K$-1.06M$-1.06M$-914.47K$-2.17M$-791.61K$-1.88M$-2.70M$-3.42M$-1.83M$-4.38M$-8.09M$-8.09M$-2.78M$-3.18M$-2.86M
Low Forecast$287.95K$143.97K$2.02M$143.97K$359.93K$-735.63K$71.99K$-1.93M$1.87M$1.94M$-220.69K$-1.76M$-2.24M$-1.54M$-433.17K$-1.60M$-1.06M$-914.47K$-2.17M$-1.19M$-1.88M$-2.70M$-3.42M$-2.75M$-4.38M$-8.09M$-8.09M$-4.17M$-4.76M$-4.28M
Surprise %--------1.08%0.61%10.39%0.84%0.85%0.87%1.21%0.88%2.78%1.40%0.95%1.71%-0.77%0.87%1.38%0.70%0.53%0.57%1.00%1.00%1.00%

QuickLogic's average Quarter net income forecast for Mar 24 is $-1.61M, with a range of $-1.93M to $-1.29M. QUIK's average Quarter net income forecast represents a -178.83% decrease compared to the company's last Quarter net income of $2.04M (Dec 23).

QuickLogic SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111111111111111111111388912778168
SG&A--------$2.27M$1.92M$1.92M$1.86M$2.08M$1.90M$1.98M$2.14M$1.80M$2.19M$1.79M$1.95M-$1.48M$1.67M$1.88M$2.04M$2.10M$2.34M$2.45M$2.56M$2.41M
Avg Forecast$3.88M$3.69M$3.50M$3.69M$3.82M$2.63M$2.82M$2.96M$4.63M$4.07M$3.13M$2.69M$2.45M$2.13M$2.79M$2.44M$2.44M$2.40M$1.75M$1.14M$1.69M$1.25M$1.48M$1.36M$1.84M$1.31M$1.38M$2.45M$2.56M$2.41M
High Forecast$3.91M$3.72M$3.53M$3.72M$3.85M$2.65M$2.84M$3.55M$4.67M$4.10M$3.15M$3.22M$2.94M$2.13M$2.79M$2.93M$2.44M$2.40M$1.75M$1.37M$1.69M$1.25M$1.48M$1.63M$1.84M$1.31M$1.38M$2.94M$3.07M$2.90M
Low Forecast$3.85M$3.66M$3.47M$3.66M$3.78M$2.61M$2.79M$2.36M$4.59M$4.03M$3.10M$2.15M$1.96M$2.13M$2.79M$1.95M$2.44M$2.40M$1.75M$912.53K$1.69M$1.25M$1.48M$1.09M$1.84M$1.31M$1.38M$1.96M$2.05M$1.93M
Surprise %--------0.49%0.47%0.62%0.69%0.85%0.89%0.71%0.88%0.74%0.91%1.02%1.71%-1.18%1.12%1.38%1.11%1.59%1.70%1.00%1.00%1.00%

QuickLogic's average Quarter SG&A projection for Mar 24 is $2.96M, based on 1 Wall Street analysts, with a range of $2.36M to $3.55M. The forecast indicates a 30.24% rise compared to QUIK last annual SG&A of $2.27M (Dec 23).

QuickLogic EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111111111111111111111388912778168
EPS--------$0.15$0.09$-0.17$-0.09$-0.13$-0.11$-0.04$-0.10$-0.27$-0.11$-0.18$-0.15-$-0.19$-0.35$-0.38$-0.37$-0.51$-0.65$-0.50$-0.69$-0.73
Avg Forecast$0.02$0.01$0.14$0.01$0.03$-0.05$0.01$0.06$0.13$0.14$-0.01$-0.05$-0.05$-0.11$-0.03$-0.07$-0.07$-0.06$-0.15$-0.06$-0.13$-0.19$-0.24$-0.29$-0.30$-0.56$-0.56$-0.42$-0.56$-0.05
High Forecast$0.02$0.01$0.14$0.01$0.03$-0.05$0.01$0.06$0.13$0.14$-0.01$-0.05$-0.05$-0.11$-0.03$-0.07$-0.07$-0.06$-0.15$-0.06$-0.13$-0.19$-0.24$-0.29$-0.30$-0.56$-0.56$-0.42$-0.45$-0.04
Low Forecast$0.02$0.01$0.14$0.01$0.02$-0.05-$0.06$0.13$0.13$-0.02$-0.05$-0.05$-0.11$-0.03$-0.07$-0.07$-0.06$-0.15$-0.06$-0.13$-0.19$-0.24$-0.29$-0.30$-0.56$-0.56$-0.42$-0.67$-0.06
Surprise %--------1.15%0.67%11.33%1.86%2.44%1.03%1.41%1.44%3.68%1.74%1.20%2.37%-1.02%1.48%1.31%1.22%0.91%1.16%1.19%1.23%14.60%

According to 1 Wall Street analysts, QuickLogic's projected average Quarter EPS for Mar 24 is $0.06, with a low estimate of $0.06 and a high estimate of $0.06. This represents a -62.97% decrease compared to QUIK previous annual EPS of $0.15 (Dec 23).

QuickLogic Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PXLWPixelworks$0.74$2.50237.84%Buy
AXTIAXT$2.28$5.38135.96%Buy
QUIKQuickLogic$8.40$13.0054.76%Buy
POWIPower Integrations$65.06$79.0021.43%Buy
EMKREMCORE$2.99$3.000.33%Buy
LSCCLattice Semiconductor$62.77$52.78-15.92%Buy

QUIK Forecast FAQ


Is QuickLogic a good buy?

Yes, according to 1 Wall Street analysts, QuickLogic (QUIK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of QUIK's total ratings.

What is QUIK's price target?

QuickLogic (QUIK) average price target is $13 with a range of $13 to $13, implying a 65.82% from its last price of $7.84. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will QuickLogic stock go up soon?

According to Wall Street analysts' prediction for QUIK stock, the company can go up by 65.82% (from the last price of $7.84 to the average price target of $13), up by 65.82% based on the highest stock price target, and up by 65.82% based on the lowest stock price target.

Can QuickLogic stock reach $12?

QUIK's average twelve months analyst stock price target of $13 supports the claim that QuickLogic can reach $12 in the near future.

What are QuickLogic's analysts' financial forecasts?

QuickLogic's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $21M (high $21.17M, low $20.82M), average EBITDA is $-8.727M (high $-8.43M, low $-9.024M), average net income is $-1.901M (high $-1.566M, low $-2.235M), average SG&A $12.22M (high $12.88M, low $11.55M), and average EPS is $0.0355 (high $0.0366, low $0.0345). QUIK's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $23.6M (high $23.8M, low $23.4M), average EBITDA is $-12.048M (high $-11.948M, low $-12.149M), average net income is $2.62M (high $2.65M, low $2.59M), average SG&A $14.77M (high $14.89M, low $14.64M), and average EPS is $0.18 (high $0.182, low $0.178).

Did the QUIK's actual financial results beat the analysts' financial forecasts?

Based on QuickLogic's last annual report (Dec 2023), the company's revenue was $16.18M, which missed the average analysts forecast of $23.2M by -30.26%. Apple's EBITDA was $-3.744M, missing the average prediction of $-10.714M by -65.05%. The company's net income was $-4.267M, missing the average estimation of $2.18M by -296.14%. Apple's SG&A was $7.54M, missing the average forecast of $14.51M by -48.01%. Lastly, the company's EPS was $-0.34, missing the average prediction of $0.2 by -270.00%. In terms of the last quarterly report (Dec 2023), QuickLogic's revenue was $7.48M, beating the average analysts' forecast of $7.4M by 1.07%. The company's EBITDA was $2.12M, missing the average prediction of $-3.778M by -156.12%. QuickLogic's net income was $2.04M, beating the average estimation of $1.89M by 7.92%. The company's SG&A was $2.27M, missing the average forecast of $4.63M by -50.99%. Lastly, the company's EPS was $0.15, beating the average prediction of $0.13 by 15.38%