OTCMKTS:POETF

POET Technologies Stock Forecast, Price & News

$0.87

+0.03 (+3.57 %)

(As of 06/14/2021 12:00 AM ET)

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Today's Range

$0.85

▼

$0.90

50-Day Range

$0.69

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$0.99

52-Week Range

$0.34

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$1.22

Volume150,767 shs

Average Volume274,209 shs

Market Capitalization$301.46 million

P/E RatioN/A

Dividend YieldN/A

Beta0.71

30 days | 90 days | 365 days | Advanced Chart

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About POET Technologies

POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, and Singapore. 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 and packaging methods. It also develops photonic integrated components. The company serves the data center, telecommunications, Internet of things and industrial sensing, automotive LIDAR, and on-board optic 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.

Q4 2021 Earnings Forecast for POET Technologies Inc. (OTCMKTS:POETF) Issued By Zacks Investment Research
June 10, 2021 | americanbankingnews.com

POET Technologies Announces Availability of Samples of its O-Band LightBar™ Product
June 9, 2021 | finance.yahoo.com

POETF: POET Shows Live Demos at OFC
June 8, 2021 | finance.yahoo.com

POET Technologies Announces Availability of Samples of its 100G and 200G CWDM4 Optical Interposer-based Engines
June 8, 2021 | finance.yahoo.com

POET Technologies to Participate at OFC 2021
June 4, 2021 | finance.yahoo.com

POET Technologies Reports First Quarter 2021 Financial Results
May 27, 2021 | finance.yahoo.com

POET Technologies (OTCMKTS:POETF) Stock Price Up 2%
May 25, 2021 | americanbankingnews.com

POET Technologies Announces Entry into Telecom Market with 100G LR4 (Long Reach) Optical Engines
April 22, 2021 | finance.yahoo.com

POETF: Chaos in the Semiconductor Market Pushes Progress Out a Quarter But Long Term Estimates Still Intact
April 1, 2021 | finance.yahoo.com

POET Technologies Reports Fourth Quarter 2020 Financial Results
March 30, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange OTCMKTS
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolOTCMKTS:POETF
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.poet-technologies.com
Phone416-368-9411
Employees16
Year FoundedN/A

Sales & Book Value

Annual Sales$4.43 million
Price / Sales68.05
Cash FlowN/A
Price / Cash FlowN/A
Book Value$0.02 per share
Price / Book43.53

Profitability

EPS (Most Recent Fiscal Year)($0.05)
Net Income$-18,170,000.00
Net MarginsN/A
Return on Equity-128.24%
Return on Assets-90.29%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares346,269,000
Market Cap$301.46 million
Next Earnings Date8/19/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.41 out of 5 stars

Computer And Technology Sector

452nd out of 1,586 stocks

Semiconductors & Related Devices Industry

68th out of 151 stocks

3.5 Analyst's Opinion

Consensus Rating
POET 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.
Price Target Upside/Downside
According to analysts' consensus price target of $1.50, POET Technologies has a forecasted upside of 72.3% from its current price of $0.87.
Amount of Analyst Coverage
POET Technologies has received no research coverage in the past 90 days.

2.9 Community Rank

Outperform Votes
POET Technologies has received 183 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
POET Technologies has received 138 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
POET Technologies has received 57.01% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about POET Technologies and other stocks. Vote “Outperform” if you believe POETF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe POETF will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
POET Technologies does not currently pay a dividend.
Dividend Growth
POET Technologies does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, POET Technologies insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Earnings Growth
Earnings for POET Technologies are expected to grow in the coming year, from ($0.06) to ($0.05) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of POET Technologies is -14.51, 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. Sector
The P/E ratio of POET Technologies is -14.51, 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 Ratio
POET Technologies has a P/B Ratio of 43.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

POET Technologies (OTCMKTS:POETF) Frequently Asked Questions

Is POET Technologies a buy 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 Technologies stock.
View analyst ratings for POET Technologies or view top-rated stocks.

What stocks does MarketBeat like better than POET Technologies?

Wall Street analysts have given POET Technologies a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but POET Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting POET Technologies?

POET Technologies saw a increase in short interest during the month of May. As of May 28th, there was short interest totaling 65,700 shares, an increase of 22.6% from the May 13th total of 53,600 shares. Based on an average daily trading volume, of 165,700 shares, the days-to-cover ratio is currently 0.4 days.
View POET Technologies' Short Interest.

When is POET Technologies' next earnings date?

POET Technologies is scheduled to release its next quarterly earnings announcement on Thursday, August 19th 2021.
View our earnings forecast for POET Technologies.

How were POET Technologies' earnings last quarter?

POET Technologies Inc. (OTCMKTS:POETF) posted its quarterly earnings data on Tuesday, March, 30th. The company reported ($0.02) earnings per share for the quarter.
View POET Technologies' earnings history.

How has POET Technologies' stock been impacted by COVID-19?

POET Technologies' stock was trading at $0.3144 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, POETF stock has increased by 176.9% and is now trading at $0.8706.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for POETF?

1 equities research analysts have issued 12-month price targets for POET Technologies' shares. Their forecasts range from $1.50 to $1.50. On average, they anticipate POET Technologies' stock price to reach $1.50 in the next year. This suggests a possible upside of 72.3% from the stock's current price.
View analysts' price targets for POET Technologies or view top-rated stocks among Wall Street analysts.

Who are POET Technologies' key executives?

POET Technologies' management team includes the following people:

Dr. Suresh V. Venkatesan, Exec. Chairman & CEO (Age 54, Pay $440k)
Mr. Vivek Rajgarhia, Pres & GM (Age 53, Pay $384.22k)
Mr. Thomas R. Mika, Exec. VP & CFO (Age 68, Pay $300k)
Mr. Kevin Barnes, VP of Fin. & Admin., Corp. Controller, Treasurer and Sec. (Age 49, Pay $124.36k)
Mr. Yong Meng Lee, Gen. Mang. of POET Technologies Pte Ltd. (Age 49, Pay $102.17k)
Dr. William Ring, Sr. VP
Dr. Jinyu Mo, Sr. VP & GM of Asia
Mr. Ajit Manocha, Consltant (Age 69)
Mr. Todd A. DeBonis, Strategic Advisor (Age 56)

Who are some of POET Technologies' key competitors?

Some companies that are related to POET Technologies include nLIGHT (LASR), Magnachip Semiconductor (MX), SMART Global (SGH), SkyWater Technology (SKYT), FTC Solar (FTCI), Photronics (PLAB), Alpha and Omega Semiconductor (AOSL), Kopin (KOPN), Maxeon Solar Technologies (MAXN), ReneSola (SOL), Atomera (ATOM), NeoPhotonics (NPTN), Ebang International (EBON), Netlist (NLST) and AXT (AXTI).
View all of POETF's competitors.

What is POET Technologies' stock symbol?

POET Technologies trades on the OTCMKTS under the ticker symbol "POETF."

How do I buy shares of POET Technologies?

Shares of POETF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is POET Technologies' stock price today?

One share of POETF stock can currently be purchased for approximately $0.87.

How much money does POET Technologies make?

POET Technologies has a market capitalization of $301.46 million and generates $4.43 million in revenue each year. The company earns $-18,170,000.00 in net income (profit) each year or ($0.05) on an earnings per share basis.

How many employees does POET Technologies have?

POET Technologies employs 16 workers across the globe.

What is POET Technologies' official website?

The official website for POET Technologies is www.poet-technologies.com.

Where are POET Technologies' headquarters?

POET Technologies is headquartered at 120 Eglinton Avenue East Suite-1107, TORONTO A6, M4P 1E2.

How can I contact POET Technologies?

POET Technologies' mailing address is 120 Eglinton Avenue East Suite-1107, TORONTO A6, M4P 1E2. The company can be reached via phone at 416-368-9411 or via email at [email protected]

This page was last updated on 6/15/2021 by MarketBeat.com Staff

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