We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
QuickLogic (QUIK) Stock Declines While Market Improves: Some Information for Investors
Read MoreHide Full Article
In the latest trading session, QuickLogic (QUIK - Free Report) closed at $8.26, marking a -1.2% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.58%. On the other hand, the Dow registered a gain of 3.03%, and the technology-centric Nasdaq increased by 1.44%.
Shares of the maker of chips for mobile and portable electronics manufacturers witnessed a loss of 27.24% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 12.04%, and the S&P 500's loss of 1.97%.
Analysts and investors alike will be keeping a close eye on the performance of QuickLogic in its upcoming earnings disclosure. The company's earnings report is set to go public on November 10, 2026. The company is expected to report EPS of -$0.05, up 73.68% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $5.5 million, showing a 170.94% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.06 per share and a revenue of $24 million, representing changes of +88.68% and +74.24%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for QuickLogic. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. QuickLogic is currently sporting a Zacks Rank of #3 (Hold).
The Electronics - Semiconductors industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 86, finds itself in the top 35% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
QuickLogic (QUIK) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, QuickLogic (QUIK - Free Report) closed at $8.26, marking a -1.2% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.58%. On the other hand, the Dow registered a gain of 3.03%, and the technology-centric Nasdaq increased by 1.44%.
Shares of the maker of chips for mobile and portable electronics manufacturers witnessed a loss of 27.24% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 12.04%, and the S&P 500's loss of 1.97%.
Analysts and investors alike will be keeping a close eye on the performance of QuickLogic in its upcoming earnings disclosure. The company's earnings report is set to go public on November 10, 2026. The company is expected to report EPS of -$0.05, up 73.68% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $5.5 million, showing a 170.94% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.06 per share and a revenue of $24 million, representing changes of +88.68% and +74.24%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for QuickLogic. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. QuickLogic is currently sporting a Zacks Rank of #3 (Hold).
The Electronics - Semiconductors industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 86, finds itself in the top 35% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.