Should I Buy Quick Logic Corporation (QUIK)? Finance YouTuber Analysis

Hogue suggests Quick Logic Corporation (QUIK) as a buy, citing its position in the semiconductor industry with embedded FPGA and IP software. He points to a significant contract with the DOD and a collaboration with Yourchip as catalysts for its 31% revenue growth last year, with continued growth forecasted. The company's product expansion into related markets is also a positive factor.

“quick was awarded a $6.9 million base contract from the dod in 2022 and its Revenue took off from there with the potential to scale up that contract to 72 million over the four years”

The YouTuber recommends QuickLogic Corporation (QUIK) as a small-cap semiconductor company with significant growth potential. He notes its $6.9 million DoD contract with potential to scale to $72 million, 31% revenue growth last year to $21 million, and forecast growth to $35 million. The company also maintains strong gross margins and is expected to increase net income from $0.17 to $0.65 per share next year.

“It's Revenue took off from there with the potential to scale up to a contract of 72 million over the four years through 2024 it's also in a collaboration with your chip to develop chiplets and is expanding into related markets and it's that kind of product expansion that helped it grow Revenue by 31% last year to $21 million and forecast to continue growth around 30% this year and next to as high as $35 million all as the company maintains a strong gross margin and increases its net income from 17 cents per share last year to a forecast of 65 cents a share next year.”