QuickLogic Corporation Common Stock (QUIK)

FairStock Score: 13/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett/Graham-style investor, I start with business quality and owner earnings. QuickLogic is a 51-employee fabless semiconductor company selling eFPGA intellectual property, discrete FPGAs, and AI/ML sensor algorithms. The niche may have switching costs, but the record shows no durable moat yet. Revenue fell from $21.2M in FY2023 (ended 2023-12-31) to $19.7M in FY2024 (ended 2024-12-29) and $13.8M in FY2025 (ended 2025-12-28). Net losses went from $263,000 in FY2023 to $3.8M in FY2024 and $14.8M in FY2025. The latest filed quarter, fiscal Q2 2026 (ended 2026-06-28), had revenue of $5.5M and a net loss of $887,000, better than fiscal Q1 2026's $5.1M revenue and $2.2M loss, but still unprofitable. Trailing free cash flow is -$1.7M, a -0.9% FCF yield. The balance sheet shows D/E of 0.25, but Altman Z of -0.60 and a Piotroski F-score of 5/9 signal fragility; FairStock also shows ROE of -36.22% and ROCE of -15.06%. At the 2026-10-13 close of $10.37, market cap is $190M, P/B is 6.06, and P/E is -16.46 on EPS of -$0.63. FairStock Score is 13/100, and the Lynch category is none because of losses in each of the last four years. I see speculation on a tiny licensing turnaround, not a Graham bargain. Growth is not yet generating profits or cash, and the price already assumes a lot from a very small revenue base. Without clear self-funding economics, I would stay skeptical.

In plain English: QuickLogic designs specialized computer chips and software used in programmable electronics and AI sensor applications. The company is very small, has lost money for years, and its annual revenue fell from fiscal 2023 to fiscal 2025. At the 2026-10-13 price of $10.37, the shares look expensive compared with the company's assets and lack of profits.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-28) · fiscal Q1 2026 10-Q (period ended 2026-03-29) · fiscal Q3 2025 10-Q (period ended 2025-09-28) · fiscal Q2 2025 10-Q (period ended 2025-06-29) · FY2025 10-K (period ended 2025-12-28) · FY2024 10-K (period ended 2024-12-29) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer