Fintel reports that on May 20, 2026, Needham initiated coverage of QuickLogic (NasdaqCM:QUIK) with a Buy recommendation.
Analyst Price Forecast Suggests 44.98% Downside
As of May 14, 2026, the average one-year price target for QuickLogic is $9.86/share. The forecasts range from a low of $8.08 to a high of $11.55. The average price target represents a decrease of 44.98% from its latest reported closing price of $17.92 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for QuickLogic is 24MM, an increase of 62.97%. The projected annual non-GAAP EPS is 0.20.
What is the Fund Sentiment?
There are 89 funds or institutions reporting positions in QuickLogic. This is an decrease of 2 owner(s) or 2.20% in the last quarter. Average portfolio weight of all funds dedicated to QUIK is 0.08%, an increase of 24.51%. Total shares owned by institutions increased in the last three months by 41.44% to 5,635K shares. 
The put/call ratio of QUIK is 0.05, indicating a bullish outlook.
What are Other Shareholders Doing?
Vanguard Capital Management holds 633K shares representing 3.57% ownership of the company.
Herald Investment Management holds 613K shares representing 3.46% ownership of the company. In its prior filing, the firm reported owning 730K shares , representing a decrease of 19.24%. The firm increased its portfolio allocation in QUIK by 40.41% over the last quarter.
Royal Bank Of Canada holds 348K shares representing 1.96% ownership of the company. In its prior filing, the firm reported owning 2K shares , representing an increase of 99.32%. The firm increased its portfolio allocation in QUIK by 25,051.31% over the last quarter.
Perkins Capital Management holds 307K shares representing 1.73% ownership of the company. In its prior filing, the firm reported owning 276K shares , representing an increase of 10.11%. The firm increased its portfolio allocation in QUIK by 104.93% over the last quarter.
Taylor Frigon Capital Management holds 251K shares representing 1.41% ownership of the company. In its prior filing, the firm reported owning 253K shares , representing a decrease of 1.12%. The firm increased its portfolio allocation in QUIK by 73.51% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
