QuickLogic Q3 EPS Estimate Reduced by Northland Securities

QuickLogic Corporation (NASDAQ:QUIK) – Analysts at Northland Securities dropped their Q3 2026 earnings per share estimates for shares of QuickLogic in a research note issued to investors on Wednesday, August 12th. Northland Securities analyst G. Richard now expects that the semiconductor company will post earnings per share of ($0.10) for the quarter, down from their prior forecast of ($0.02). The consensus estimate for QuickLogic’s current full-year earnings is ($0.26) per share. Northland Securities also issued estimates for QuickLogic’s Q4 2026 earnings at $0.02 EPS, FY2026 earnings at ($0.26) EPS, Q1 2027 earnings at ($0.03) EPS, Q2 2027 earnings at ($0.03) EPS, Q4 2027 earnings at $0.01 EPS and FY2027 earnings at ($0.06) EPS.

QUIK has been the topic of several other reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of QuickLogic in a research report on Wednesday, June 24th. Needham & Company LLC reduced their price target on QuickLogic from $22.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. Wall Street Zen upgraded QuickLogic from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Lake Street Capital restated a “buy” rating and issued a $22.00 target price (up from $11.00) on shares of QuickLogic in a research note on Wednesday, May 13th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $21.00.

QuickLogic Stock Performance

Shares of QUIK opened at $11.27 on Monday. QuickLogic has a one year low of $4.80 and a one year high of $24.33. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.15 and a quick ratio of 2.06. The company has a market capitalization of $206.44 million, a PE ratio of -14.64 and a beta of 1.24. The company’s fifty day moving average price is $15.11 and its 200 day moving average price is $13.85.

QuickLogic (NASDAQ:QUIK) last posted its quarterly earnings results on Tuesday, August 11th. The semiconductor company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.02). QuickLogic had a negative net margin of 80.18% and a negative return on equity of 45.22%. The business had revenue of $5.48 million for the quarter, compared to analyst estimates of $6.00 million.

Hedge Funds Weigh In On QuickLogic

Hedge funds have recently bought and sold shares of the company. Themes Management Co LLC purchased a new position in shares of QuickLogic during the 1st quarter valued at about $1,309,000. Sei Investments Co. purchased a new position in shares of QuickLogic in the 1st quarter worth about $987,000. Royal Bank of Canada boosted its position in shares of QuickLogic by 14,694.5% during the first quarter. Royal Bank of Canada now owns 348,115 shares of the semiconductor company’s stock valued at $3,266,000 after buying an additional 345,762 shares during the last quarter. Perkins Capital Management Inc. grew its holdings in shares of QuickLogic by 34.5% in the fourth quarter. Perkins Capital Management Inc. now owns 275,706 shares of the semiconductor company’s stock worth $1,657,000 after acquiring an additional 70,750 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in shares of QuickLogic during the 2nd quarter valued at $754,000. Institutional investors own 31.54% of the company’s stock.

QuickLogic Company Profile

QuickLogic Corporation (NASDAQ: QUIK) is a fabless semiconductor company that specializes in ultra-low power, multi-core sensor processing System-on-Chip (SoC) solutions and embedded field programmable gate array (eFPGA) intellectual property. The company’s products are designed to enable always-on, voice-activated, and vision-driven applications at the edge, delivering a balance of performance, flexibility, and power efficiency. QuickLogic’s technology is often deployed in consumer, mobile, and industrial IoT devices, where minimizing energy consumption is critical.

Among QuickLogic’s key offerings is the EOS™ family of sensor processing SoCs, which integrate ARM Cortex-M cores alongside proprietary sensor fusion and neural network engines, coupled with customizable FPGA fabric.