NASDAQ:POET POET Technologies (POET) Stock Price, News & Analysis $2.77 +0.07 (+2.59%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$2.73▼$2.8950-Day Range$1.69▼$3.8352-Week Range$0.72▼$4.50Volume457,430 shsAverage Volume687,820 shsMarket Capitalization$171.60 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/Downside170.8% Upside$7.50 Price TargetShort InterestHealthy1.56% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.07Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.39) to ($0.41) Per ShareSee 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.1.54 out of 5 starsComputer And Technology Sector501st out of 612 stocksSemiconductors & Related Devices Industry81st out of 89 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 3.0 Short Interest Percentage of Shares Shorted1.56% 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 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in POET Technologies has recently increased by 122.17%, indicating that investor sentiment is decreasing 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 2.8 News and Social Media Coverage News SentimentPOET Technologies has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for POET Technologies this week, compared to 1 article on an average week.Search Interest40 people have searched for POET on MarketBeat in the last 30 days. This is an increase of 1,900% compared to the previous 30 days.MarketBeat Follows18 people have added POET Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 800% 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 Earnings GrowthEarnings for POET Technologies are expected to decrease in the coming year, from ($0.39) to ($0.41) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of POET Technologies is -5.65, 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 -5.65, 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 23.08. 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 Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop 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 HeadlinesJuly 2, 2024 | marketbeat.comComplete Solaria, Senti, and POET: 3 High Volume Penny StocksHigh volume can indicate market strength, but volume is relative. Thirty million in traded shares doesn't mean much if the average daily volume is higher.July 2, 2024 | marketbeat.comComplete Solaria, Senti, and POET: 3 High Volume Penny Stocks (POET)Penny stocks are risky, but follow the money to find winners. Stocks with significant volume spikes may have what it takes for higher share prices.July 26, 2024 | Porter & Company (Ad)We recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…July 21, 2024 | msn.comMicrosoft Outage: Did living Nostradamus predict it? Who is he? Know about real Nostradamus and his predictionsJuly 21, 2024 | americanbankingnews.comReviewing POET Technologies (NASDAQ:POET) & MaxLinear (NYSE:MXL)July 19, 2024 | globenewswire.comPOET Technologies Announces US$10 Million Registered Direct OfferingJuly 17, 2024 | insidermonkey.comIs POET Technologies Inc. (POET) a Good Semiconductor Penny Stock to Buy Now?June 26, 2024 | globenewswire.comPOET Wins “Best Optical AI Solution” in 2024 AI Breakthrough Awards ProgramJuly 26, 2024 | Porter & Company (Ad)We recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…June 25, 2024 | globenewswire.comPOET Technologies Provides Results of 2024 Annual General and Special MeetingMay 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 InvestorSee 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 Earnings5/15/2024Today7/26/2024Next Earnings (Estimated)8/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryElectronic Equipment 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+165.0%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 / Sales373.02 Cash FlowN/A Price / Cash FlowN/A Book Value$0.12 per share Price / Book23.58Miscellaneous Outstanding Shares61,950,000Free Float61,668,000Market Cap$175.32 million OptionableOptionable Beta0.29 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.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 CompetitorsEverspin TechnologiesNASDAQ:MRAMResonantNASDAQ:RESNForianNASDAQ:FORALazydaysNASDAQ:LAZYLightPath TechnologiesNASDAQ:LPTHView All Competitors POET Stock Analysis - Frequently Asked Questions How have POET shares performed this year? POET Technologies' stock was trading at $0.9354 at the start of the year. Since then, POET stock has increased by 196.1% and is now trading at $2.77. View the best growth stocks for 2024 here. How were POET Technologies' earnings last quarter? POET Technologies Inc. (NASDAQ:POET) issued its quarterly earnings results on Wednesday, May, 15th. The company reported ($0.12) earnings per share for the quarter. The company 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 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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