Key Takeaways:
- QuickLogic Corporation's (QUIK, Financial) Q1 2025 revenue exceeded expectations with $4.3 million.
- Analysts project a potential upside of 76.08% on QuickLogic's stock from its current price.
- The company's strategic contracts and government engagements are poised to drive future growth.
QuickLogic Corporation (QUIK) recently reported a robust performance for Q1 2025, achieving a revenue of $4.3 million, which not only met but surpassed the guidance expectations. A noteworthy achievement for the company comes in the form of securing a significant eFPGA Hard IP contract with Intel 18A. Although a secondary contract faces delays, QuickLogic remains optimistic about future revenue expansion driven by its role in emerging platforms and stable government contracts.
Wall Street Analysts Forecast
According to one-year price targets provided by three analysts, QuickLogic Corp (QUIK, Financial) is forecasted to reach an average target price of $11.53, marking a potential upside of 76.08% from its current trading price of $6.55. The analysts provide a range with a high estimate of $13.00 and a low estimate of $10.00. For more detailed projections, visit the QuickLogic Corp (QUIK) Forecast page.
In terms of brokerage recommendations, QuickLogic Corp (QUIK, Financial) currently holds an "Outperform" status with an average recommendation rating of 1.7 out of 5, as assessed by three brokerage firms. This rating scale positions 1 as a Strong Buy and 5 as a Sell, indicating a positive outlook for the stock.
GuruFocus's estimates suggest a GF Value of $9.73 for QuickLogic Corp (QUIK, Financial) over the next year, implying a 48.55% upside from its current price of $6.55. The GF Value is calculated by considering the historical trading multiples, past business growth, and future performance projections. For more insights, explore the QuickLogic Corp (QUIK) Summary page.
