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QuickLogic Corporation (0A4Q.L)

LSE - LSE Delayed price. Currency in USD
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8.84+0.29 (+3.37%)
As of 04:11PM BST. Market open.
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  • R
    Richard
    Smaller Loss for QUIK Now Forecast for 2022

    The Yahoo Finance Analysis page now shows QuickLogic only losing -0.07 a share for calendar 2022. Previously, QUIK was forecast to lose -0.08 per share by the 3 security analysts that provide sales and earnings estimates on QUIK for Yahoo. I believe this change occurred today. That is good news and shows continued positive momentum by QuickLogic.in their fundamentals. The analysts continue to show QUIK breaking even in Q3 2022 with an earnings estimate of 0.0. The 3rd Quarter begins of course on July 1, 2022. QUIK closed today, June 28, 2022, at 8.57 +0.10 or +1.18%. In contrast, the major stock indexes were all down: DJIA (-1.56%), S&P 500 (-2.01%), Nasdaq (-2.98%), and Russell 2000 (-1.86%).
  • J
    John
    Not many tech/chip stocks trading at 52wk highs! Interesting?!
  • G
    Golf nut
    Someone is aggressively accumulating the stock.
  • R
    Richard
    eFPGA Perspective

    In today's uncertain economy, with a recession a definite possibility both in the U.S. and in the world, many companies are cutting back or delaying new investments. In such an environment, it would seem QuickLogic's eFPGA is an especially attractive product. With QUIK's eFPGA, a customer can make last minute changes, "tweeks" and even add new features right in the factory at the point of production without having to make a large investment, which a brand new next generation model would entail. With QUIK's new eFPGA, QUIK's customers can stay ahead of the competition without having to spend a lot of money. The customer can make the large investment in a completely new next generation product when the economic and political environment has stabilized and is less uncertain. In the meantime, QUIK's customers remain competitive in the marketplace. QUIK closed today, June 8, 2022 at 7.72 on volume of 41,558. Short term, QUIK's stock looks overbought. However, QUIK's rally in the last 3 1/2 weeks has been impressive and insistent, with the stock rising on relatively high volume. In my opinion, any pullback in price, should it occur, should be regarded as a buying opportunity.
  • J
    John
    ON Semi or MCHP or SLAB buyout this week? That new sales President is gonna make something big happen. If not a buyout than maybe a quick 10-20m deal that takes this to $18.
  • R
    Richard
    QUIK to Breakeven in Q3 2022

    After yesterday's Q1 2022 QUIK conference call, I see the analysts following QuickLogic on Yahoo now show QUIK breaking even in Q3 (September quarter) 2022. Forecast revenue for QUIK in Q3 2022 is $5.17 million, up from $4.1 million in Q1 2022 and estimated sales in Q2 2022 of 4.43 million. That is very good news. QUIK's positive momentum continues. Today, May 18, 2022, QUIK is currently selling at 5.71
  • R
    Richard
    A Strange and Crazy Idea

    Since January of this year the U.S. stock market has been declining in price on balance. QuickLogic stock however, is actually up for the year. For years now, the U.S. stock market has been going up while QUIK has been going down, or at best sideways, on average. What "A Sea Change" QUIK's recent stock performance has been. It reflects I believe, the gradually improving fundamentals at QUIK which are becoming apparent to investors. Sales are starting to grow again and losses are becoming smaller. The last few years QUIK has been much like a company building a huge skyscraper, laying a strong foundation of new partnerships and new products that will support the future rise in the stock price (building). Watching the overall stock market go down since January while QUIK has gone up, reminds me of past bear markets when former leaders, "high flyers" and "market darlings" went down dramatically in price and some of them never returned to their former glory and level of success. At the same time, new stock names emerged that went on to be the big winners in the following years. I am wondering if QuickLogic and its stock are going to develop into one of the big winners of "tomorrow". Many investors who have been acquainted with QuIckLogic the last many years would laugh and scoff at the very thought of such a possibility. However, I believe it is entirely possible. Often, one can make big money out of buying stocks that have long been out of favor when new products and better management lead to a positive reversal of fortune. QUIK stock closed today, May 19, 2022 at 5.89, +0.20 (+3.51%).
  • R
    Richard
    QUIK Perspective
    Today, April 26, 2022, the DJIA is down -625 points while QUIK is down -0.01 on volume of only 6300 shares, 4 hours into trading. With only 15 trading days left before QUIK's Q1 2022 conference call, and QUIK's short interest position currently at 444,300 shares, that means on average in order to cover their short position in QUIK, the shorts would have to on average buy back 29,620 shares each of the next 15 trading days. In the last 3 weeks or so, the trading volume in QUIK did not exceed 29, 620 in the majority of the trading days. That suggests that if the shorts wanted to cover their entire short position before the conference call on May 17, it is quite likely they would drive up QUIK's stock price in order to do so. It is true that there is negative news out there, including high inflation and the Federal Reserve Bank being expected to raise their Federal Funds interest rate 1/2 point both at their May and June meetings, in order to combat the high inflation. Nevertheless, QUIK's continued low daily trading volume in recent weeks shows that most QUIK stockholders are hanging on to their stock in expectation of a rising stock price as revenue growth accelerates in the coming months. On QUIK's recent Q4 2021 conference call, Brian Faith said newly appointed Owen Bateman VP of Worldwide Sales was instrumental in helping QUIK win several recent large contracts. Hopefully, Mr. Bateman, whose career included time at Intel, will continue to be successful in securing more large contacts in the months ahead. QUIK's fundamentals continue to exhibit positive momentum.
  • J
    John
    Another contract announcement today that doesn't change guidance? Where is the one that increases guidance or the 10m one we need to finally break out?
  • J
    Jim
    Excellent potential.
  • C
    Clueless
    Profitability coming this year.
  • J
    John
    SLAB announces new deal w QUIK they have 2B in cash. Why don’t they just buy Quik for 200m?
  • J
    John
    Any news from the Wainright conference today? Tried to log in and it didn’t work. Probably not
  • J
    John
    Do not vote for 900k share dilution item 2 on your proxy. Why would a shareholder want to be diluted by over 7% in one year? Vote against item 2.
  • J
    John
    Assuming nothing new emerged from the Oppenheimer emerging growth conference this morning.
  • R
    Rory
    The breakout is getting closer. Appears it will happen in the next few weeks. Will it be an earnings surprise in May that catapults the stock? Look at the triangle consolidation that has been building on the chart since 2018 that will resolve by June. Now is not the time to sell Calls against your position.

    https://finance.yahoo.com/quote/QUIK/chart?p=QUIK#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
  • R
    Richard
    Good Time to Buy QUIK Now?

    Currently selling at 5.04, I believe it is now a good time to add to or initiate a long position in QUIK. Fundamentally, QUIK is now in a much better position with it getting several sizable orders for its new products in recent months. I believe that positive momentum is continuing and building at QUIK, and we will see more orders for these new products, including its eFPGA, in the months ahead. Technically, QUIK is a bit oversold, and at 5.04 or thereabouts, offers an attractive entry point to BUY the stock.
  • M
    MAZ709
    I don't know how this article was buried so deep under the radar, but if ROKU does become a customer of QUIK, that is HUGE:

    Quiklogic, maker of programmable low power edge computing chips and SensiML suffered from supply chain issues at one of its soon to be customers, Roku, who was going to use QUIK’s chips for “always on” voice enabled remote controls. As a result, Roku shipped a version without the always on functionality. Despite this setback, QUIK in the past year has been qualified on Globalfoundries platform, obtained qualification for Amazon Alexa for its smart hearable reference design, and introduced several new products."

    https://breakoutinvestors.com/2021/06/the-reopening-for-new-semiconductor-technology-companies/
  • R
    Richard
    QUIK lower risk than Big Tech Stocks?

    Today, January 6, 2022, QUIK closed at 4.97. At 4.97, I believe QUIK is a lower risk stock than Big Tech stocks like Google, Facebook (now Meta?), Microsoft, Apple and Amazon. Those Big Tech stocks have performed very well, but now sell at high PE Ratios and some appear to be "priced for perfection". All those stocks have annual revenues in the billions of dollars. How likely do you believe any one of those companies will double their annual sales in the next 2 years? QUIK on the other hand has estimated annual revenue for 2021 of about $12 million. I believe it is much more likely for QUIK to double their sales in the next 2 years than it is for the Big Tech stocks to double revenue. And, I believe QUIK could do even better than a double in revenue in that time frame. On the November 2021 conference call, Brian Faith said that the $2,000,000 contract they received about 5-6 months ago for one of their new products, had sparked strong interest by other companies, and that QUIK in November had a number of potential customers discussing a contract with QUIK for $2-3 million each. While our Federal Reserve is now expected to raise interest rates in 2022 about 2-3 times to cool down inflation, which could conceivably cause a recession, QUIK's -42% drop in price from 8.00 on 11/18/21 to a recent low of 4.67 on 12/20/2021, pretty well discounts that possibility. As I recall, 2 brokerage firms that follow QUIK, Roth and one other whose name I don't currently recall, have one year price targets for QUIK of $10 and the other $12 or $12.50. If their forecast price targets are accurate, that means price appreciation for QUIK stock of anywhere from +101% to +152% from today's close of 4.97.
  • q
    qubitech
    QuickLogic's pASIC 3 FPGA can be used to mine bitcoins:
    • ASICs are the fastest mining machines
    • ASICs are the most energy efficient per unit of hashing
    • Professional and business mining operations all use ASICs

    Field-Programmable Gate Arrays (FPGA) are microprocessors that can be programmed for a specific purpose. They can be configured to perform the SHA-256 hash function for Bitcoin mining,

    In order to mine Bitcoin using QuickLogic's pASIC 3 FPGA as Bitcoin miner, connect and configure it with a controlling computer via a USB, With the use of USB hubs, you can connect a large number of QUIK ASICs to a single computer.

    There are many mining software programs available out there. One open-source program
    is cgminer. The GitHub repository can be found at: github dot com/ckolivas/cgminer