QuickLogic (QUIK) ended the recent trading session at $7.58, demonstrating a -4.05% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.17%. Meanwhile, the Dow experienced a drop of 0.48%, and the technology-dominated Nasdaq saw an increase of 0.46%.
Shares of the maker of chips for mobile and portable electronics manufacturers witnessed a gain of 29.51% over the previous month, beating the performance of the Computer and Technology sector with its gain of 6.61%, and the S&P 500's gain of 2.38%.
The investment community will be closely monitoring the performance of QuickLogic in its forthcoming earnings report. The company is scheduled to release its earnings on November 11, 2025. In that report, analysts expect QuickLogic to post earnings of -$0.21 per share. This would mark a year-over-year decline of 250%. At the same time, our most recent consensus estimate is projecting a revenue of $2.1 million, reflecting a 50.82% fall from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.38 per share and a revenue of $15.7 million, signifying shifts of -1050% and -21.94%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for QuickLogic. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. QuickLogic is holding a Zacks Rank of #3 (Hold) right now.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 62, this industry ranks in the top 26% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow QUIK in the coming trading sessions, be sure to utilize Zacks.com.
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QuickLogic Corporation (QUIK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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