QuickLogic Set to Join Russell 2000® and Russell 3000® Indexes

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.

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.

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.

Argus Jun 2 session

+5.57% close to close Open Argus

Details

News Market Reaction – QUIK

In the Jun 2 session, QUIK gained 5.57%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +5.6% in the session following this news. A strong positive reaction aligns with the...

Analysis

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 Figures

Assets benchmarked: $12.2 trillion Index constituents: 4,000 stocks Share price: $20.65 +4 more

Assets benchmarked

$12.2 trillion

Assets benchmarked to Russell US indexes as of end of June 2025

Index constituents

4,000 stocks

Largest US stocks captured in Russell US indexes reconstitution

Share price

$20.65

Pre-news price from market_context

Market cap

$367,418,520

Pre-news market capitalization

Volume today

343,134 shares

Pre-news trading volume vs 20-day average

52-week high

$23.80

Highest price in past 52 weeks

52-week low

$4.80

Lowest price in past 52 weeks

Historical Context

5 past events · Latest: May 13

5 events

1. May 13

   IP contract win

   24h Move

   +14.6%

   Announced new FPGA Hard IP contract with ceiling value of $2.7 million.

2. May 12

   Earnings results

   24h Move

   +14.6%

   Reported Q1 2026 revenue growth with higher new product contribution despite net loss.

3. May 05

   Product showcase

   24h Move

   +2.1%

   Planned demonstrations of EOS S3 SoC and eFPGA solutions at Sensors Converge.

4. Apr 29

   Credit facility

   24h Move

   +4.4%

   Secured new $10 million revolving credit facility for working capital and programs.

5. Apr 28

   Earnings date set

   24h Move

   -13.9%

   Announced scheduling of Q1 2026 earnings call and webcast details.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

embedded fpga (efpga), fpga, russell 3000® index, russell 2000® index

4 terms

embedded fpga (efpga) technical

"a developer of embedded FPGA (eFPGA) Hard IP, Strategic Radiation Hardened..."

An embedded FPGA (eFPGA) is a small, reprogrammable block of digital circuitry built directly into a semiconductor chip that lets designers change hardware behavior after the chip is manufactured—like having a set of Lego pieces inside a device that can be rearranged to add or tweak features. For investors, eFPGAs matter because they can extend a product’s useful life, speed time-to-market for new features, reduce recall or redesign costs, and create recurring licensing or customization revenue, all of which affect a company’s competitiveness and margins.

fpga technical

"Strategic Radiation Hardened and Antifuse FPGAs, and ruggedized programmable..."

A field-programmable gate array (FPGA) is a type of computer chip whose internal wiring can be changed after it is made, allowing engineers to program custom hardware functions without designing a new chip. For investors, FPGAs matter because that flexibility lets companies quickly adapt products to new software, standards, or customer needs—like a toolbox that can be rearranged to build different machines—so demand and pricing can shift with trends in data centers, telecommunications, AI, and specialized electronics.

russell 3000® index financial

"added as a member of the broad-market Russell 3000® Index and the small-cap..."

A broad stock market index that tracks the performance of about 3,000 publicly traded U.S. companies of all sizes, acting as a wide-ranging snapshot of the U.S. equity market. It matters to investors because it serves as a common yardstick for the overall market’s health and is the basis for many index funds and investment strategies—think of it as a single basket that shows how the whole U.S. stock market is doing.

russell 2000® index financial

"broad-market Russell 3000® Index and the small-cap Russell 2000® Index..."

A stock market index that tracks the performance of roughly 2,000 publicly traded U.S. companies with smaller market values, representing the broader small-cap segment of the market. It matters to investors because it acts like a thermometer for smaller companies—used as a benchmark to compare fund performance, guide portfolio allocation, and gauge economic or market trends affecting growth-oriented, higher-risk firms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SAN JOSE, Calif., June 2, 2026 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK) ("QuickLogic" or the "Company"), a developer of embedded FPGA (eFPGA) Hard IP, Strategic Radiation Hardened and Antifuse FPGAs, and ruggedized programmable logic solutions, today announced that it is set to be added as a member of the broad-market Russell 3000® Index and the small-cap Russell 2000® Index, effective when the US market opens on June 29 as part of the 2026 Russell indexes reconstitution.

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 $12.2 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider.

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 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally.

Approximately $21.20 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

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.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/quicklogic-set-to-join-russell-2000-and-russell-3000-indexes-302787684.html

SOURCE QuickLogic Corporation

FAQ

What did QuickLogic (NASDAQ: QUIK) announce about Russell index inclusion for 2026?

QuickLogic announced it will be added to the Russell 3000 and Russell 2000 indexes on June 29, 2026. According to QuickLogic, this follows the 2026 Russell US indexes reconstitution and also brings automatic inclusion in the appropriate growth and value style indexes.

When will QuickLogic join the Russell 2000 and Russell 3000 indexes?

QuickLogic will join the Russell 2000 and Russell 3000 indexes when US markets open on June 29, 2026. According to QuickLogic, the addition occurs as part of the 2026 Russell US indexes reconstitution process.

How long will QuickLogic remain in the Russell 3000 index after June 29, 2026?

QuickLogic’s membership in the Russell 3000 index will remain in place for half a year beginning in 2026. According to QuickLogic, this membership also means ongoing inclusion in the Russell 2000 and relevant growth and value style indexes during that period.

Why is QuickLogic’s inclusion in the Russell 2000 index important for QUIK shareholders?

Inclusion can increase QuickLogic’s visibility with investors who track or benchmark against Russell indexes. According to QuickLogic, about $12.2 trillion in assets are benchmarked to Russell US indexes, which are widely used for index funds and active investing benchmarks.

What does the Russell US indexes reconstitution mean for QuickLogic stock (QUIK)?

Reconstitution means QuickLogic met criteria to be added to the Russell 3000 and Russell 2000 in 2026. According to QuickLogic, the annual process ranks up to 4,000 US stocks by market capitalization to determine index membership.

How are Russell indexes used by investors and how might that relate to QuickLogic?

Russell indexes are widely used as benchmarks for index funds and active strategies. According to data cited by QuickLogic, about $12.2 trillion in assets are benchmarked to Russell US indexes, potentially increasing awareness among institutional investors of index constituents like QuickLogic.