Reviewing QuickLogic (NASDAQ:QUIK) & Alphawave IP Group (OTCMKTS:AWEVF)

Alphawave IP Group (OTCMKTS:AWEVF) and QuickLogic (NASDAQ:QUIK) are both technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, dividends, earnings, analyst recommendations, profitability, institutional ownership and risk.

Institutional & Insider Ownership

31.5% of QuickLogic shares are held by institutional investors. 3.2% of QuickLogic shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Earnings & Valuation

This table compares Alphawave IP Group and QuickLogic”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Alphawave IP Group	N/A	N/A	N/A	N/A	N/A
QuickLogic	$13.77 million	18.64	-$14.82 million	($0.89)	-15.82

Alphawave IP Group has higher earnings, but lower revenue than QuickLogic.

Analyst Ratings

This is a summary of recent ratings and price targets for Alphawave IP Group and QuickLogic, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Alphawave IP Group	0	0	0	0	0.00
QuickLogic	1	1	2	0	2.25

QuickLogic has a consensus target price of $22.00, suggesting a potential upside of 56.24%. Given QuickLogic’s stronger consensus rating and higher probable upside, analysts clearly believe QuickLogic is more favorable than Alphawave IP Group.

Profitability

This table compares Alphawave IP Group and QuickLogic’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Alphawave IP Group	N/A	N/A	N/A
QuickLogic	-102.41%	-48.97%	-27.97%

Summary

QuickLogic beats Alphawave IP Group on 6 of the 9 factors compared between the two stocks.

About Alphawave IP Group

Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets. Alphawave IP Group plc was founded in 2017 and is headquartered in London, the United Kingdom.

About QuickLogic

QuickLogic Corporation operates as a fabless semiconductor company in the United States. The company offers embedded FPGA intellectual property, low power, multicore semiconductor system-on-chips, discrete FPGAs, and AI software; and end-to-end artificial intelligence/machine learning solution with accurate sensor algorithms using AI technology. It provides various platforms, such as software tools and eFPGA IP enables the adoption of AI, voice, and sensor processing across aerospace, and defense, consumer/industrial IOT, and consumer electronics markets. In addition, the company engages in the eFPGA IP Licensing business consisting of development and integration of eFPGA technology into custom semiconductor solutions. Further, the company offers silicon products, such as EOS, QuickAI, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II products; and PASIC 3 and QuickRAM, as well as programming hardware and design software services. The company markets and sells its products to defense industrial base contractors, U.S. government entities, system OEMs, and fabless semiconductor companies through a network of sales managers and distributors in North America, Europe, and the Asia Pacific. It has a strategic partnership with YorChip to develop low-power unified chiplet interconnect express FPGA chiplets. The company was founded in 1988 and is headquartered in San Jose, California.