QuickLogic Set to Join Russell 2000® and Russell 3000® Indexes
Rhea-AI Summary
QuickLogic (NASDAQ: QUIK) will join the Russell 3000 and Russell 2000 indexes when US markets open on June 29, 2026, following the 2026 Russell US indexes reconstitution.
Membership, effective for half a year, also brings inclusion in relevant growth and value style indexes.
AI-generated analysis. Not financial advice.
Positive
- Addition to Russell 3000 and Russell 2000 indexes effective June 29, 2026
- Index membership lasts for half a year starting in 2026
- Potential visibility to asset managers benchmarking about $12.2 trillion to Russell US indexes
Negative
- None.
News Market Reaction – QUIK
On the day this news was published, QUIK gained 5.57%, reflecting a notable positive market reaction. Argus tracked a peak move of +5.1% during that session. Our momentum scanner triggered 13 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $22M to the company's valuation, bringing the market cap to $412.97M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
QUIK slipped -0.39% while momentum peers like MX and NA showed >5% upside. Mixed moves across semis and the scanner flagging only a couple of peers suggest today’s index-inclusion news is more stock-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| May 13 | IP contract win | Positive | +14.6% | Announced new FPGA Hard IP contract with ceiling value of $2.7 million. |
| May 12 | Earnings results | Positive | +14.6% | Reported Q1 2026 revenue growth with higher new product contribution despite net loss. |
| May 05 | Product showcase | Neutral | +2.1% | Planned demonstrations of EOS S3 SoC and eFPGA solutions at Sensors Converge. |
| Apr 29 | Credit facility | Positive | +4.4% | Secured new $10 million revolving credit facility for working capital and programs. |
| Apr 28 | Earnings date set | Neutral | -13.9% | Announced scheduling of Q1 2026 earnings call and webcast details. |
Recent news and earnings have often been followed by positive moves, especially around contracts, credit facilities, and Q1 results, with one notable selloff around an earnings date announcement.
Over the past few months, QuickLogic reported several operational and financial milestones. A new seven‑figure FPGA Hard IP contract worth $2.7 million and fiscal Q1 2026 revenue of $5.1 million both preceded gains of 14.59%. Marketing visibility at Sensors Converge and a new $10 million revolving credit facility also saw positive reactions. The main negative move was a -13.95% drop after announcing the Q1 2026 earnings date. Today’s Russell index inclusion fits into a pattern of catalysts that have generally been rewarded.
Regulatory & Risk Context
An effective S-3 shelf filed on 2025-08-14 registers up to $125,000,000 of various securities, including an at-the-market equity program of up to $20,000,000. This provides flexibility to raise capital over time via common stock, preferred stock, debt, warrants, or units, with terms defined in future prospectus supplements.
Market Pulse Summary
The stock moved +5.6% in the session following this news. A strong positive reaction aligns with the constructive tone of Russell 2000 and 3000 index inclusion, which can attract new benchmarked and passive capital. Historically, QUIK often moved up on contracts, earnings, and financing updates, with several prior moves above 4–14%. However, an active $125,000,000 shelf and recent insider sales could become overhangs if future equity issuance accelerates.
Key Terms
embedded fpga (efpga) technical
fpga technical
russell 3000® index financial
russell 2000® index financial
AI-generated analysis. Not financial advice.
The June reconstitution of the Russell US indexes captures up to the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for half a year beginning 2026, means automatic inclusion in the small-cap Russell 2000® Index as well as the appropriate growth and value style indexes.
"Inclusion in the Russell Indexes is a significant milestone and reflects the growing investor recognition of QuickLogic's unique positioning in the eFPGA IP and Strategic Radiation Hardened FPGA markets," said Brian Faith, CEO of QuickLogic. "We welcome the enhanced visibility provided by our inclusion in these indexes as we continue to execute on our strategy, and drive continued growth and shareholder value."
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2025, about
Fiona Bassett, CEO of FTSE Russell, an LSEG business, commented, "The Russell indexes have continuously adapted to the evolving dynamic US economy, and it's crucial to fully recalibrate the suite of Russell US Indexes, ensuring the indexes maintain an accurate representation of the market. The transition to a semi-annual reconstitution frequency this year will ensure our indexes continue to represent the market and maintain the purpose of the index as a portfolio benchmark."
For more information on the Russell 2000® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website.
About QuickLogic
QuickLogic is a fabless semiconductor company specializing in embedded FPGA (eFPGA) Hard IP, Strategic Radiation Hardened and Antifuse FPGAs, and ruggedized programmable logic solutions. QuickLogic's unique approach combines cutting-edge technology with open-source tools to deliver highly customizable low-power solutions for aerospace and defense, industrial, computing, and consumer markets. For more information, visit www.quicklogic.com.
About FTSE Russell, an LSEG Business
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering
Approximately
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by LSEG.
For more information, visit FTSE Russell.
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SOURCE QuickLogic Corporation