Needham keeps USD 20.00 target for QuickLogic stock

Published on 10/15/2026 at 21:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 5.48 million, up 48.70 percent. QuickLogic stock costs EUR 8.36 on October 15, 2026, versus Nasdaq USD 10.23 on October 14.

Analyst target and quarterly revenue

Needham maintained a USD 20.00 target for QuickLogic on October 12, 2026.
Second-quarter 2026 revenue reached USD 5.48 million after rising 48.70 percent year over year.
QuickLogic stock costs EUR 8.36 at Lang & Schwarz on October 15, 2026 at 9:47 p.m. CEST.
QuickLogic is expected to report third-quarter 2026 results on November 10, 2026.

QUIK, US74837P4054, Illustration mit AI erstellt.

Needham maintained a USD 20.00 price target for QuickLogic on October 12, 2026, according to MarketWatch. Using the Nasdaq quote of USD 10.23 dated October 14, 2026, the target stood 95.50 percent above that price. QuickLogic stock was trading at EUR 8.36 at Lang & Schwarz on October 15, 2026 at 9:47 p.m. CEST.

Revenue growth sets the baseline

QuickLogic's second-quarter 2026 revenue rose 48.70 percent year over year to USD 5.48 million from USD 3.69 million, while its net loss narrowed to USD 0.88 million from USD 2.66 million. These figures were reported by Simply Wall St for the quarter ended June 28, 2026.

What does the target imply?

The USD 20.00 target is nearly twice the October 14 Nasdaq price, putting the analyst view well above the latest U.S. market quotation. The comparison is descriptive rather than a recommendation, and the two prices use different venues and currencies.

Price position and next date

QuickLogic's investor-relations page lists a six-figure embedded FPGA intellectual-property contract dated October 13, 2026, with license revenue expected over six months. The announcement also identifies QuickLogic's unchanged third-quarter outlook, so the contract is a dated operating reference rather than a new headline for this market report. The company describes its business as embedded FPGA intellectual property, discrete FPGAs, FPGA systems-on-chip and edge artificial-intelligence software, with applications spanning industrial, aerospace and defense markets.

QuickLogic lists the second quarter of 2026 as its latest reported period. MarketBeat lists November 10, 2026 as the expected third-quarter reporting date and gives a consensus revenue estimate of USD 5.51 million.

Price and investor perspective

The main market contrast is clear: the latest Nasdaq quote was USD 10.23, while the dated German-market indication was EUR 8.36. Needham's USD 20.00 target and the 48.70 percent second-quarter revenue increase provide two separate reference points for readers tracking the stock's valuation and operating progress.

The further course of trading is shown by the continuously updated real-time quote of QuickLogic stock.