QuickLogic Corporation (QUIK) AI Stock Analysis

NASDAQ: QUIKAI research summary: business, growth, valuation, analysts, bull and bear case.

QUIK AI stock analysis summary

AI Research

QuickLogic Corporation develops semiconductor platforms, embedded FPGAs, and machine learning analytics IP for consumer electronics and IoT devices. For FY2025, revenue contracted 31.5% to $13.8M with a net loss of -$14.8M, though quarterly revenue rebounded 48.7% year-over-year in the period ending June 30, 2026. The company maintains a net cash position of $17.2M as of June 30, 2026.

Market cap
$164.5M
Revenue (TTM)
$16.3M
P/E
—
fwd 122.0x
1Y return
24.7%
S&P 500 16.8%
Avg. target
$23.00
156.1% vs last close

Bull case

  • Quarterly revenue grew 48.7% year-over-year in the period ending June 30, 2026, indicating a rebound from FY2025 declines.
  • Analysts project positive EPS of $0.10 on revenue of $27.9M for the next fiscal year, representing an estimated earnings growth of 202.4%.
  • The company maintains a strong liquidity cushion with $17.2M in net cash and a current ratio of 2.15 as of June 30, 2026.

Bear case

  • Revenue contracted 31.5% in FY2025 to $13.8M, accompanied by a steep net loss of -$14.8M and a net margin of -107.6%.
  • Free cash flow remained negative at -$6.4M in FY2025, accompanied by a 50.5% dilution in share count over 5 years.
  • Valuation is stretched with a forward P/E of 122.0x, well above the US-listed Technology peer median of 18.8x.

What QuickLogic does

QuickLogic Corporation, based in San Jose, California, is a semiconductor company specializing in advanced semiconductor platforms and intellectual property solutions. The company targets consumer electronics and IoT devices, including smartphones, wearables, hearables, and tablets. QuickLogic delivers flexible sensor processing solutions, ultra-low power display bridges, and field programmable gate arrays (FPGAs) to optimize performance and efficiency. Its offerings include the SensiML Analytics Studio toolkit, pASIC 3, QuickRAM, QuickPCI, EOS, QuickAI, ArcticLink III, PolarPro series, and Eclipse II. These solutions combine silicon platforms, IP cores, software drivers, and firmware for global original equipment manufacturers and original design manufacturers.

Growth and profitability

Between FY2021 and FY2023, QuickLogic expanded revenue from $12.7M to $21.2M, with gross margin reaching 68.3% in FY2023. Performance weakened subsequently, with revenue contracting 5.1% in FY2024 to $20.1M and falling 31.5% in FY2025 to $13.8M. FY2025 gross margin dropped to 22.0%, while operating margin deteriorated to -83.8%, yielding a net loss of -$14.8M and EPS of -$0.56. Over the 5-year period from FY2020 to FY2025, revenue grew at a CAGR of 9.8%. In the latest quarter ending June 30, 2026, quarterly revenue rebounded with 48.7% year-over-year growth, bringing trailing twelve-month revenue to $16.3M with an operating margin of -31.0%.

QUIK income statement →

Balance sheet and cash flow

As of June 30, 2026, QuickLogic held $18.5M in cash and short-term investments against total debt of $1.2M, resulting in net cash of $17.2M. The company reported total assets of $43.0M, shareholders' equity of $31.2M, a current ratio of 2.15, and a debt-to-equity ratio of 0.04. Free cash flow was -$6.4M in FY2025, matching operating cash flow of -$3.3M and capital expenditures of $3.2M. Additionally, the company's share count increased 50.5% over the trailing 5-year period.

QUIK balance sheet →

Valuation and performance

QuickLogic trades at elevated multiples compared to the median of its US-listed Technology peers. Its forward P/E of 122.0x exceeds the peer median of 18.8x, while its price-to-sales ratio of 10.1x is higher than the peer median of 2.8x. Enterprise value stands at $194.6M, reflecting an EV-to-EBITDA multiple of 20.7x against the peer median of 16.6x. Over the past year, QuickLogic shares returned 24.7%, outperforming the S&P 500 return of 16.8%. However, its 5-year return of 56.7% lagged the S&P 500 return of 83.0%.

QUIK key metrics →

What analysts expect

Wall Street analysts maintain 2 Strong Buy, 1 Buy, and 1 Hold ratings on QuickLogic. The mean price target is $23.00, representing a 156.1% premium over the last close of $8.98 on October 16, 2026. For the current fiscal year ending December 31, 2026, analysts estimate revenue of $23.9M and EPS of -$0.10. For the next fiscal year, 4 analysts forecast revenue of $27.9M and positive EPS of $0.10. QuickLogic beat EPS estimates in 2 of the last 4 quarters, with next earnings scheduled for November 10, 2026.

QUIK forecast and price target →

Key risks and what to watch

  • Gross margin volatility is severe, declining from 68.3% in FY2023 to 22.0% in FY2025.
  • Short interest stands at 9.1% of the float, reflecting market skepticism.
  • The stock trades 28.5% below its 200-day moving average and well below its 52-week high of $24.33.
  • Operating margin over the trailing twelve months was -31.0%, showing ongoing operational unprofitability.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this QUIK AI stock analysis

This page is an AI-written research summary of QuickLogic Corporation (QUIK). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: QUIK income statement, QUIK balance sheet, QUIK key metrics, QUIK analyst forecast, QUIK chart. See the QUIK stock overview for the latest quote and news.

QUIK AI stock analysis FAQ

Does QuickLogic pay a dividend?

No, QuickLogic does not pay a dividend.

What are QuickLogic's revenue and earnings expectations for FY2026?

For the fiscal year ending December 31, 2026, analysts estimate revenue of $23.9M and EPS of -$0.10, representing an estimated 86.5% improvement in EPS.

How much cash and debt does QuickLogic hold?

As of June 30, 2026, QuickLogic held $18.5M in cash and short-term investments and $1.2M in total debt, yielding net cash of $17.2M.

What is QuickLogic's analyst consensus price target?

The consensus mean price target is $23.00, which is 156.1% above its last closing price of $8.98 on October 16, 2026.

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