OTCMKTS:POETF

POET Technologies Stock Forecast, Price & News

$0.63

0.00 (0.00 %)

(As of 01/19/2021 12:00 AM ET)

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Today's Range

$0.61

Now: $0.63▼

$0.65

50-Day Range

$0.38

MA: $0.55▼

$0.70

52-Week Range

$0.17

Now: $0.63▼

$0.72

Volume181,235 shs

Average Volume200,009 shs

Market Capitalization$187.47 million

P/E RatioN/A

Dividend YieldN/A

Beta0.85

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 optics 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.

MarketRank^™

Overall MarketRank^™

1.39 out of 5 stars

Computer And Technology Sector

378th out of 1,517 stocks

Semiconductors & Related Devices Industry

58th out of 147 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 138.1% from its current price of $0.63.
Amount of Analyst Coverage
POET Technologies has received no research coverage in the past 90 days.

2.8 Community Rank

Outperform Votes
POET Technologies has received 182 “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 56.88% “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 ($0.03) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of POET Technologies is -10.50, 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 -10.50, 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 9.00. 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

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

Debt

Debt-to-Equity Ratio0.02

Current Ratio2.05

Quick Ratio2.05

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$4.43 million

Price / Sales42.32

Cash FlowN/A

Price / Cash FlowN/A

Book Value$0.07 per share

Price / Book9.00

Profitability

EPS (Most Recent Fiscal Year)($0.04)

Net Income$-5,950,000.00

Net MarginsN/A

Return on Equity-167.41%

Return on Assets-123.14%

Miscellaneous

Outstanding Shares297,566,000

Market Cap$187.47 million

Next Earnings Date5/5/2021 (Estimated)

OptionableNot Optionable

$0.63

0.00 (0.00 %)

(As of 01/19/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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POET Technologies (OTCMKTS:POETF) Frequently Asked Questions

How has POET Technologies' stock price been impacted by Coronavirus?

POET Technologies' stock was trading at $0.3144 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, POETF shares have increased by 100.4% and is now trading at $0.63.
View which stocks have been most impacted by COVID-19.

Is POET Technologies a buy 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 Technologies stock.
View analyst ratings for POET Technologies or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than POET Technologies?

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

When is POET Technologies' next earnings date?

POET Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 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 Wednesday, November, 18th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01).
View POET Technologies' earnings history.

What price target have analysts set for POETF?

1 Wall Street 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' share price to reach $1.50 in the next year. This suggests a possible upside of 138.1% from the stock's current price.
View analysts' price targets for POET Technologies or view Wall Street analyst' top-rated stocks.

Are investors shorting POET Technologies?

POET Technologies saw a decrease in short interest in December. As of December 31st, there was short interest totaling 90,800 shares, a decrease of 45.3% from the December 15th total of 166,100 shares. Based on an average trading volume of 258,200 shares, the days-to-cover ratio is presently 0.4 days.
View POET Technologies' Short Interest.

Who are some of POET Technologies' key competitors?

Some companies that are related to POET Technologies include Atomera (ATOM), MagnaChip Semiconductor (MX), NeoPhotonics (NPTN), AXT (AXTI), Ebang International (EBON), Beam Global (BEEM), DSP Group (DSPG), Resonant (RESN), NVE (NVEC), Kopin (KOPN), VIA optronics (VIAO), Applied Optoelectronics (AAOI), O2Micro International (OIIM), GSI Technology (GSIT) and SPI Energy (SPI).
View all of POETF's competitors.

Who are POET Technologies' key executives?

POET Technologies' management team includes the following people:

Dr. Suresh V. Venkatesan, Exec. Chairman & CEO (Age 53, Pay $440k)
Mr. Vivek Rajgarhia, Pres & GM (Age 52, Pay $384.22k)
Mr. Thomas R. Mika, Exec. VP & CFO (Age 67, Pay $300k)
Mr. Kevin Barnes, Corp. Controller, Treasurer & Sec. (Age 48, Pay $124.36k)
Mr. James Lee, Gen. Mang. of POET Technologies Pte Ltd.
Dr. William Ring, Sr. VP
Mr. Ajit Manocha, Consltant (Age 68)
Mr. Todd A. DeBonis, Strategic Advisor (Age 55)

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.

What is POET Technologies' stock price today?

One share of POETF stock can currently be purchased for approximately $0.63.

How big of a company is POET Technologies?

POET Technologies has a market capitalization of $187.47 million and generates $4.43 million in revenue each year. The company earns $-5,950,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis. 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.

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 1/20/2021 by MarketBeat.com Staff

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