QuickLogic (QUIK) AI Stock Analysis

• Market Cap: $91.22M
• Dividend Yield: N/A
• Average Volume (3M): 131.03K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.61
• Revenue Growth: -20.12%
• EPS Growth: -660.05%
• Country: US
• Employees: 59
• Sector: Technology
• Sector Strength: 76
• Industry: Semiconductors
• EPS (TTM): -0.07
• Shares Outstanding: 15,836,059
• 10 Day Avg. Volume: 127,161
• 30 Day Avg. Volume: 131,025
• PEG Ratio: 0.25
• Price to Book (P/B): 3.35
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -29.43
• Enterprise Value/Market Cap: 0.99
• Enterprise Value/Revenue: 1.07
• Enterprise Value/Gross Profit: 9.23
• Enterprise Value/Ebitda: 21.18
• 1Y Price Target: $9.60
• Price Target Upside: 66.67% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

QuickLogic's stock reflects a mix of strategic growth initiatives and ongoing challenges. Revenue growth and strategic partnerships provide long-term promise, while near-term profitability and liquidity issues weigh on the score. Technical indicators show short-term strength, tempered by valuation concerns.

QuickLogic Business Overview & Revenue Model

Company Description

QuickLogic Corporation, a semiconductor company, develops semiconductor platforms and intellectual property solutions for smartphones, wearable, hearable, tablets, and the Internet-of-Things devices. It also provides flexible sensor processing solutions, ultra-low power display bridges, ultra-low power field programmable gate arrays (FPGAs); and analytics toolkit, an end-to-end software suite that offers processes for developing pattern matching sensor algorithms using machine learning technology, as well as programming hardware and design software solutions. The company's products include pASIC 3, QuickRAM, QuickPCI, EOS, QuickAI, SensiML Analytics Studio, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II, as well as silicon platforms, IP cores, software drivers, firmware, and application software. It delivers its solutions through ultra-low power customer programmable System on Chip (SoC) semiconductor solutions, embedded software, and algorithm solutions for always-on voice and sensor processing, and enhanced visual experiences. In addition, the company licenses FPGA technology for use in other semiconductor companies SoCs. It markets and sells its products to original equipment manufacturers and original design manufacturers through a network of sales managers and distributors in North America, Europe, and the Asia Pacific. QuickLogic Corporation was founded in 1988 and is headquartered in San Jose, California.

How the Company Makes Money

QuickLogic makes money primarily through the sale of its semiconductor products and licensing of its IP. The company's revenue streams include direct sales of its silicon products, such as Field Programmable Gate Arrays (FPGAs), Application-Specific Integrated Circuits (ASICs), and System-on-Chip (SoC) solutions. Additionally, QuickLogic generates revenue by licensing its AI and voice processing IP to other companies for integration into their products. The company often collaborates with original equipment manufacturers (OEMs), technology partners, and IoT developers to embed its technology in a wide array of applications, which contributes significantly to its earnings.

QuickLogic Financial Statement Overview

Summary

QuickLogic shows revenue growth but struggles with profitability, evidenced by negative net income and cash flow. The balance sheet is stable with moderate leverage, yet liquidity remains a concern.

Income Statement

The income statement shows consistent revenue growth over recent years, with a notable increase from 2021 to 2023. However, profitability remains a challenge as indicated by negative net income and EBIT. TTM data shows a gross profit margin of 53.06%, which is healthy, but net profit margins continue to be negative due to high operating expenses.

Balance Sheet

The balance sheet indicates moderate financial stability. The debt-to-equity ratio stands at 0.63, suggesting a balanced leverage position. Stockholders' equity has been increasing, but total liabilities have also grown. The equity ratio of 53.61% indicates that a substantial portion of assets is financed by equity, which is a positive sign.

Cash Flow

Cash flow statements reveal challenges in generating positive cash flow. The operating cash flow to net income ratio is negative, reflecting difficulties in converting sales into cash. Although free cash flow has shown some growth, it remains negative, indicating potential liquidity issues.

Breakdown
TTM	Dec 2024	Dec 2023	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
18.43M	20.11M	21.20M	16.18M	12.69M	8.63M
	Gross Profit
9.78M	11.89M	14.49M	8.80M	7.42M	4.25M
	EBIT
-5.58M	-3.43M	70.00K	-3.74M	-7.52M	-10.12M
	EBITDA
-2.79M	-637.67K	2.22M	-3.31M	-5.74M	-9.96M
	Net Income Common Stockholders
-6.14M	-3.84M	-263.00K	-4.27M	-6.62M	-11.15M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
17.55M	21.88M	24.61M	19.20M	19.61M	22.75M
	Total Assets
49.08M	51.93M	47.79M	32.59M	28.97M	32.89M
	Total Debt
16.57M	21.86M	22.39M	16.39M	16.71M	18.07M
	Net Debt
-975.00K	-19.00K	-2.22M	-2.81M	-2.90M	-4.67M
	Total Liabilities
22.76M	27.05M	30.90M	20.69M	19.76M	20.40M
	Stockholders Equity
26.32M	24.89M	16.89M	11.89M	9.21M	12.49M
Cash Flow		Free Cash Flow
-3.10M	-6.44M	-1.49M	-4.87M	-3.58M	-7.80M
	Operating Cash Flow
-2.19M	27.00K	4.85M	-4.06M	-2.86M	-6.74M
	Investing Cash Flow
-7.37M	-6.46M	-6.34M	-814.00K	-718.00K	-1.05M
	Financing Cash Flow
-293.00K	3.71M	6.90M	4.47M	434.00K	9.00M

QuickLogic Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.76
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QUIK, the sentiment is Negative. The current price of 5.76 is above the 20-day moving average (MA) of 5.57, above the 50-day MA of 5.47, and below the 200-day MA of 7.50, indicating a neutral trend. The MACD of 0.18 indicates Negative momentum. The RSI at 51.75 is Neutral, neither overbought nor oversold. The STOCH value of 32.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QUIK.

QuickLogic Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MRAM	70 Outperform	$137.28M	176.22	-0.31%	―	-22.48%	-102.37%
Sector *	60 Neutral	$11.59B	10.39	-7.23%	2.94%	7.46%	-10.76%
QUIK	54 Neutral	$91.22M	―	-24.87%	―	-20.12%	-660.05%
SQNS	53 Neutral	$46.46M	―	378.21%	―	39.81%	―
MX	52 Neutral	$149.30M	―	-14.88%	―	3.59%	-64.21%
GSIT	52 Neutral	$86.79M	―	-33.15%	―	-5.73%	47.83%
GCTS	32 Underperform	$59.20M	―	17.45%	―	94.76%	-146.39%

QuickLogic Corporate Events

QuickLogic Reports Q1 2025 Financial Results Amid Revenue Drop

On May 13, 2025, QuickLogic Corporation announced its financial results for the fiscal first quarter ending March 30, 2025, reporting a total revenue of $4.3 million, which marks a 23.7% decrease compared to the same period in 2024. The decline in revenue was primarily due to the timing of awards for large eFPGA IP contracts. Despite the financial downturn, QuickLogic highlighted significant achievements, including delivering design-specific eFPGA Hard IP for Intel 18A and extending a $20 million credit facility. These developments position the company strongly in the market, especially in the US military, aerospace, and government sectors, as well as commercial companies adopting Intel 18A technology.

The most recent analyst rating on (QUIK) stock is a Buy with a $11.60 price target. To see the full list of analyst forecasts on QuickLogic stock, see the QUIK Stock Forecast page.

Spark’s Take on QUIK Stock

According to Spark, TipRanks’ AI Analyst, QUIK is a Neutral.

QuickLogic’s overall score reflects growth in revenue and strategic contract acquisitions but is weighed down by persistent profitability issues and negative cash flows. Technical indicators show some short-term strength, while valuation remains a concern due to negative earnings. The earnings call provides a cautiously optimistic outlook for the future.

To see Spark’s full report on QUIK stock, click here.

QuickLogic Approves Stock Plan Amendments at Annual Meeting

On May 8, 2025, QuickLogic Corporation held its 2025 Annual Meeting of Stockholders, where significant amendments to their stock plans were approved. The amendments included an increase in the number of shares available under both the 2019 Stock Plan and the 2009 Employee Stock Purchase Plan. Additionally, the election of Class II directors and the ratification of the company’s independent registered public accounting firm were confirmed, indicating a strategic move to enhance shareholder value and corporate governance.

The most recent analyst rating on (QUIK) stock is a Buy with a $11.60 price target. To see the full list of analyst forecasts on QuickLogic stock, see the QUIK Stock Forecast page.

Spark’s Take on QUIK Stock

According to Spark, TipRanks’ AI Analyst, QUIK is a Neutral.

QuickLogic’s overall score reflects growth in revenue and strategic contract acquisitions but is weighed down by persistent profitability issues and negative cash flows. Technical indicators show some short-term strength, while valuation remains a concern due to negative earnings. The earnings call provides a cautiously optimistic outlook for the future.

To see Spark’s full report on QUIK stock, click here.

QuickLogic Reports Q4 2024 Financial Results and Contracts

On February 25, 2025, QuickLogic Corporation announced its financial results for the fiscal fourth quarter and full year ending December 29, 2024. The company reported a total revenue of $5.7 million for the fourth quarter, marking a 23.7% decrease compared to the same period in 2023, but a 33.5% increase from the previous quarter. The decline in revenue was attributed to the timing of large eFPGA IP contract awards. Despite the revenue drop, QuickLogic secured significant contracts, including a $1.1 million eFPGA Hard IP contract with a new defense customer and a $6.6 million tranche of a US Government contract. The company is optimistic about returning to revenue growth in 2025, leveraging its unique position as the sole provider of eFPGA Hard IP for Intel 18A and aiming for non-GAAP profitability and positive cash flow.