QUIK Similar Chart Price Prediction
The price of QUIK is predicted to go up 17.19%, based on the high correlation periods with RNG. The similarity of these two price pattern on the periods is 95.82%.
QUIK
RNG
Up: 17.19%Similarity: 95.82%
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QUIK Analyst's Forecast
Gus Richard
Northland Capital Markets
Buy
2024-12-17
Price Target
$12
Upside
+38.1%
Northland initiated coverage of QuickLogic with an Outperform rating and $11.60 price target. QuickLogic supplies field-programmable gate array intellectual property, chiplets, and chips for the aerospace and defense industry and critical infrastructure where there is a need for radiation-hardening, extended temperature ranges, and/or a secure supply chain, notes the analyst, who believes this is "a growing niche of the FPGA market driven by Cold War 2.0 and the weaponization of outer space."
