QuickLogic (QUIK) ended the recent trading session at $6.34, demonstrating a +2.09% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.37% for the day. Meanwhile, the Dow lost 0.74%, and the Nasdaq, a tech-heavy index, lost 0.03%.
The stock of maker of chips for mobile and portable electronics manufacturers has risen by 2.81% in the past month, lagging the Computer and Technology sector's gain of 4.58% and overreaching the S&P 500's gain of 2.68%.
Market participants will be closely following the financial results of QuickLogic in its upcoming release. The company plans to announce its earnings on August 12, 2025. On that day, QuickLogic is projected to report earnings of -$0.07 per share, which would represent a year-over-year decline of 40%. Simultaneously, our latest consensus estimate expects the revenue to be $4 million, showing a 3.15% drop compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.02 per share and a revenue of $22.75 million, representing changes of -150% and +13.12%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for QuickLogic. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Right now, QuickLogic possesses a Zacks Rank of #3 (Hold).
The Electronics - Semiconductors industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 73, positioning it in the top 30% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
QuickLogic Corporation (QUIK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
