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Craig-Hallum Keeps Their Buy Rating on QuickLogic (QUIK)

Tipranks - Tipranks - Wed Aug 13, 2025

In a report released today, Richard Shannon from Craig-Hallum maintained a Buy rating on QuickLogic. The company’s shares closed yesterday at $5.77.

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Shannon covers the Technology sector, focusing on stocks such as Coherent Corp, AXT, and Tower. According to TipRanks, Shannon has an average return of 34.7% and a 52.04% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for QuickLogic with a $8.57 average price target.

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Based on QuickLogic’s latest earnings release for the quarter ending March 30, the company reported a quarterly revenue of $4.33 million and a GAAP net loss of $2.19 million. In comparison, last year the company earned a revenue of $6.01 million and had a net profit of $108 thousand

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