QuickLogic Corporation - Common Stock (QUIK)

The benefits to the alliance partners are early visibility and technical access to Intel Foundry process and advanced-packaging roadmaps, as well as participation in multi-project-wafer shuttles that shorten prototype cycles and reduce cost.

QUIK stock results show that QuickLogic missed on revenue for the second quarter of 2024.

The semiconductor industry was buzzing last week with earnings and tech announcements.

Despite the YoY earnings and revenue declines, QuickLogic sounded an optimistic note for 2025. CEO Brian Faith said the company is “well positioned to return to sound revenue growth in 2025.”

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QuickLogic is struggling after its recently reported earnings, but the stock is offering compelling value and growth, and likely will enjoy a tradeable upswing

QuickLogic Corp (NASDAQ: QUIK) stock down 40% YTD. The company benefits from Cold War 2.0 and increase in space defense budgets. Analyst initiates coverage with $11.60 target.

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QUIK stock results show that QuickLogic beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.

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