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Craig-Hallum Sticks to Its Buy Rating for QuickLogic (QUIK)

Tipranks - Mon Mar 24, 2025

Craig-Hallum analyst Richard Shannon maintained a Buy rating on QuickLogic (QUIKResearch Report) today. The company’s shares closed last Friday at $5.62.

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Shannon covers the Technology sector, focusing on stocks such as Tower, IonQ, and D-Wave Quantum. According to TipRanks, Shannon has an average return of 14.8% and a 44.51% success rate on recommended stocks.

Currently, the analyst consensus on QuickLogic is a Strong Buy with an average price target of $11.53.

QUIK market cap is currently $88.73M and has a P/E ratio of -21.26.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of QUIK in relation to earlier this year.

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