S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
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Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
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This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
South Korean doctors hold massive anti-government rally over medical school recruitment plan
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
South Korean doctors hold massive anti-government rally over medical school recruitment plan
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
South Korean doctors hold massive anti-government rally over medical school recruitment plan
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
What to watch for as China's major political meeting of the year gets underway
South Korean doctors hold massive anti-government rally over medical school recruitment plan
NASDAQ:POET

POET Technologies (POET) Stock Price, News & Analysis

$1.33
-0.06 (-4.32%)
(As of 03/1/2024 ET)
Today's Range
$1.31
$1.39
50-Day Range
$0.88
$1.52
52-Week Range
$0.72
$5.88
Volume
77,546 shs
Average Volume
86,463 shs
Market Capitalization
$63.64 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.50

POET Technologies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
463.9% Upside
$7.50 Price Target
Short Interest
Healthy
0.64% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.49mentions of POET Technologies in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.50) to ($0.47) Per Share

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.

1.82 out of 5 stars

Computer And Technology Sector

445th out of 597 stocks

Semiconductors & Related Devices Industry

69th out of 89 stocks


POET stock logo

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.

POET Stock Price History

POET Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
POET Technologies Announces the Grant of Stock Options
POET Technologies Announces the Grant of Stock Options
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
3 TSX Stocks With Over 100% Upside in 2024
Stocks in play: POET Technologies Inc.
Here's what to expect from POET Technologies's earnings
See More Headlines
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Company Calendar

Today
3/03/2024
Next Earnings (Estimated)
3/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:POET
Employees
53
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.50
High Stock Price Target
$7.50
Low Stock Price Target
$7.50
Potential Upside/Downside
+463.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-21,040,000.00
Net Margins
-2,526.04%
Pretax Margin
-3,777.06%

Debt

Sales & Book Value

Annual Sales
$550,000.00
Book Value
$0.30 per share

Miscellaneous

Free Float
47,635,000
Market Cap
$63.64 million
Optionable
Optionable
Beta
0.70
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Key Executives

  • Dr. Suresh V. Venkatesan Ph.D. (Age 57)
    Executive Chairman & CEO
    Comp: $462k
  • Mr. Vivek Rajgarhia (Age 56)
    President & GM
    Comp: $383.25k
  • Mr. Thomas R. Mika MBA (Age 71)
    Executive VP, CFO & Secretary
    Comp: $330k
  • Mr. Kevin Barnes CMA (Age 52)
    PFP, VP of Finance & Administration, Corporate Controller and Treasurer
    Comp: $192.15k
  • Dr. Jinyu Mo (Age 49)
    Senior VP & GM of Asia
    Comp: $238.33k
  • Mr. Raju Kankipati (Age 46)
    Senior VP of Product Line Management & GM of USA
    Comp: $200k
  • Mr. Yong Meng Lee (Age 52)
    VP & GM of Poet Technologies Pte Ltd.
    Comp: $204.75k














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 year. 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 Wall Street analysts have issued 12 month price objectives for POET Technologies' shares. Their POET share price targets range from $7.50 to $7.50. On average, they anticipate the company's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 463.9% 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 the year. Since then, POET shares have increased by 42.2% and is now trading at $1.33.
View the best growth stocks for 2024 here
.

Are investors shorting POET Technologies?

POET Technologies saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 255,700 shares, an increase of 55.6% from the January 31st total of 164,300 shares. Based on an average daily volume of 148,200 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.6% of the company's stock are sold short.
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, March 29th 2024.
View our POET earnings forecast
.

What guidance has POET Technologies issued on next quarter's earnings?

POET Technologies issued an update on its fourth quarter 2023 earnings guidance on Friday, January, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of 110000.000-110000.000, compared to the consensus revenue estimate of 100000.000.

Who are POET Technologies' major shareholders?

POET Technologies' stock is owned by a variety of institutional and retail investors. Top institutional investors include MMCAP International Inc. SPC (0.60%), Brandywine Oak Private Wealth LLC (0.17%), Citadel Advisors LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%).

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 3/3/2024 by MarketBeat.com Staff