NASDAQ:POET POET Technologies (POET) Stock Price, News & Analysis → We’ve Made 1,000% … THREE Different Times in the Last Year (Here’s How) (From Paradigm Press) (Ad) Free POET Stock Alerts $1.72 -0.06 (-3.37%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$1.70▼$1.7750-Day Range$1.00▼$2.9452-Week Range$0.72▼$5.88Volume176,940 shsAverage Volume494,518 shsMarket Capitalization$104.21 millionP/E RatioN/ADividend YieldN/APrice Target$7.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get POET Technologies alerts: Email Address POET Technologies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside336.0% Upside$7.50 Price TargetShort InterestHealthy1.81% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.05 out of 5 starsComputer And Technology Sector502nd out of 576 stocksSemiconductors & Related Devices Industry76th out of 85 stocks 3.5 Analyst's Opinion Consensus RatingPOET Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoveragePOET Technologies has received no research coverage in the past 90 days.Read more about POET Technologies' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.81% of the float of POET Technologies has been sold short.Short Interest Ratio / Days to CoverPOET Technologies has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in POET Technologies has recently decreased by 33.61%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldPOET Technologies does not currently pay a dividend.Dividend GrowthPOET Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for POET. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 7 people have searched for POET on MarketBeat in the last 30 days. This is a decrease of -85% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added POET Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, POET Technologies insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.46% of the stock of POET Technologies is held by insiders.Percentage Held by InstitutionsOnly 1.99% of the stock of POET Technologies is held by institutions.Read more about POET Technologies' insider trading history. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of POET Technologies is -3.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of POET Technologies is -3.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPOET Technologies has a P/B Ratio of 14.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about POET Technologies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Augury ResearchBreaking - The US Gov. Seized CITGODo you want an investment that can double or triple your money in the next three months? The US Court is currently auctioning off CITGO (the winning bid will be announced on July 22nd).Get all the details here. About POET Technologies Stock (NASDAQ:POET)POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques. It also develops photonic integrated components. The company serves the data center, telecommunications, Internet of things and industrial sensing, automotive LIDAR, optical coherence tomography for medical devices, and virtual reality systems markets. The company was formerly known as Opel Technologies Inc. and changed its name to POET Technologies Inc. in June 2013. POET Technologies Inc. was incorporated in 1972 and is headquartered in Toronto, Canada.Read More POET Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart POET Stock News HeadlinesMay 29, 2024 | globenewswire.comPoet Technologies Announces the Amendment and Acceleration of WarrantsMay 16, 2024 | msn.comPOET Stock Earnings: POET Technologies Misses EPS, Misses Revenue for Q1 2024May 15, 2024 | globenewswire.comPOET Technologies Reports First Quarter 2024 Financial ResultsMay 14, 2024 | msn.comPOET's Silicon PICs Chosen By Foxconn Interconnect For Next-Gen Optical Modules: DetailsMay 11, 2024 | wsj.comPOET Technologies Inc.May 10, 2024 | globenewswire.comPOET Announces Closing of Private Placement Financing for CAD$10 MillionMay 3, 2024 | finance.yahoo.comPOET Technologies Down Near 12% As Co Raises $10 MillionMay 3, 2024 | globenewswire.comPOET Announces Closing of CAD$10 Million Non-brokered Financing with a Single Institutional InvestorApril 29, 2024 | finance.yahoo.comPOET Announces a Second Private-Placement Financing For C$10 MillionApril 29, 2024 | globenewswire.comPOET Announces Additional Private Placement Financing for CAD$10 MillionApril 27, 2024 | msn.comUAE: Abu Dhabi Customs emphasises role of IP in driving national economic growthApril 27, 2024 | msn.comWhere I'm coming fromApril 23, 2024 | nytimes.comMdou Moctar’s Guitar Is a Screaming Siren Against Africa’s Colonial LegacyApril 19, 2024 | msn.comAeiforia: Leading Sustainable Architectural Firm, Honoured with 92.7 BIG FM Big Impact Award 2024April 19, 2024 | msn.comCritic’s Notebook: On Its 50th Anniversary, Francis Ford Coppola’s ‘The Conversation’ Offers a Searing Vision of Then, and NowApril 17, 2024 | markets.businessinsider.comPOET Augments Investor Outreach Efforts and Announces Management Role ChangeApril 17, 2024 | msn.comPOET Technologies (POET) Price Target Decreased by 30.23% to 3.06April 17, 2024 | finance.yahoo.comPOET Augments Investor Outreach Efforts and Announces Management Role ChangeApril 8, 2024 | bizjournals.comIntroducing the Wichita Business Journal's 2024 40 Under 40: The full listApril 4, 2024 | msn.comAI Has Lost Its MagicApril 4, 2024 | msn.comReport: Israel used AI to identify bombing targets in GazaApril 4, 2024 | msn.com'Students dream about a job in Korea': AUT's president on Korea-Uzbekistan tiesApril 3, 2024 | finance.yahoo.comPOET to Present at the AI & Technology Hybrid Investor Conference Presented by Water Tower Research on April 10April 1, 2024 | msn.comWhat a Week! Another Variety Show of Horrors.March 28, 2024 | startribune.comFarmers, ethanol industry waiting anxiously for White House announcementSee More Headlines Receive POET Stock News and Ratings via Email Sign-up to receive the latest news and ratings for POET Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/15/2024Today6/07/2024Next Earnings (Estimated)8/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:POET CUSIPN/A CIK1437424 Webwww.poet-technologies.com Phone(416) 368-9411Fax416-365-1813Employees53Year FoundedN/APrice Target and Rating Average Stock Price Target$7.50 High Stock Price Target$7.50 Low Stock Price Target$7.50 Potential Upside/Downside+336.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.49) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-20,270,000.00 Net MarginsN/A Pretax Margin-7,044.22% Return on Equity-269.59% Return on Assets-195.01% Debt Debt-to-Equity RatioN/A Current Ratio2.27 Quick Ratio2.27 Sales & Book Value Annual Sales$470,000.00 Price / Sales221.73 Cash FlowN/A Price / Cash FlowN/A Book Value$0.12 per share Price / Book14.33Miscellaneous Outstanding Shares60,590,000Free Float60,308,000Market Cap$104.21 million OptionableOptionable Beta0.31 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesDr. Suresh V. Venkatesan Ph.D. (Age 57)Executive Chairman & CEO Comp: $462kMr. Vivek Rajgarhia (Age 56)President & GM Comp: $383.25kMr. Thomas R. Mika MBA (Age 71)Executive VP, CFO & Secretary Comp: $330kMr. Kevin Barnes CMA (Age 52)PFP, VP of Finance & Administration, Corporate Controller and Treasurer Comp: $192.15kDr. Jinyu Mo (Age 49)Senior VP & GM of Asia Comp: $238.33kMr. Raju Kankipati (Age 46)Senior VP of Product Line Management & GM of USA Comp: $200kMr. Yong Meng Lee (Age 52)VP & GM of Poet Technologies Pte Ltd. Comp: $204.75kMore ExecutivesKey CompetitorsForianNASDAQ:FORALazydaysNASDAQ:LAZYResonantNASDAQ:RESNApplied OptoelectronicsNASDAQ:AAOINVENASDAQ:NVECView All Competitors POET Stock Analysis - Frequently Asked Questions Should I buy or sell POET Technologies stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for POET Technologies in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" POET shares. View POET analyst ratings or view top-rated stocks. What is POET Technologies' stock price target for 2024? 1 brokers have issued twelve-month price targets for POET Technologies' shares. Their POET share price targets range from $7.50 to $7.50. On average, they predict the company's share price to reach $7.50 in the next year. This suggests a possible upside of 336.0% from the stock's current price. View analysts price targets for POET or view top-rated stocks among Wall Street analysts. How have POET shares performed in 2024? POET Technologies' stock was trading at $0.9354 at the beginning of 2024. Since then, POET shares have increased by 83.9% and is now trading at $1.72. View the best growth stocks for 2024 here. Are investors shorting POET Technologies? POET Technologies saw a decline in short interest in May. As of May 15th, there was short interest totaling 756,900 shares, a decline of 33.6% from the April 30th total of 1,140,000 shares. Based on an average daily volume of 744,600 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.8% of the shares of the company are short sold. View POET Technologies' Short Interest. When is POET Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 9th 2024. View our POET earnings forecast. How were POET Technologies' earnings last quarter? POET Technologies Inc. (NASDAQ:POET) issued its quarterly earnings data on Wednesday, May, 15th. The company reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $0.01 million for the quarter. How do I buy shares of POET Technologies? Shares of POET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:POET) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersMillionaire-Making “Wealth Pattern” Just Repeated on April 22If you think you missed out on the Bitcoin band wagon… You need to watch this immediately.Paradigm Press | SponsoredBreaking - The US Gov. Seized CITGODo you want an investment that can double or triple your money in the next three months? The US Court is cu...Augury Research | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredTop 5 AI Stocks to Buy for 2024The electric vehicle boom is accelerating – and fast.Market Moving Trends | SponsoredNo Strings Attached: Get 30 Days of Hedgeye’s Top Stock Picks for FreeOptimize your stock investing strategy with Hedgeye's Investing Ideas, where rigorous fundamental stock analys...Hedgeye | SponsoredAI Hell Will Break Loose [June 30, 2024] …On June 30, 2024, AI will reach a critical tipping point… Whatever you do, make sure you prepare before Ju...Banyan Hill Publishing | SponsoredWas the Great Financial Crisis fun?The Great Financial Crisis, which actually started in the summer of 2007 and did not end until March of 2009, ...Brooks Enterprises | SponsoredShocking $16T Elon Musk Crypto LeakReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto mark...Crypto 101 Media | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding POET Technologies Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share POET Technologies With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.