NASDAQ:POET

POET Technologies (POET) Stock Price, News & Analysis

$2.24
+0.22 (+10.89%)
(As of 11:34 AM ET)
Today's Range
$2.04
$2.25
50-Day Range
$1.00
$2.94
52-Week Range
$0.72
$5.88
Volume
434,875 shs
Average Volume
481,817 shs
Market Capitalization
$108.06 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
236.3% Upside
$7.50 Price Target
Short Interest
Healthy
0.70% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.16mentions of POET Technologies in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.88 out of 5 stars

Computer And Technology Sector

433rd out of 592 stocks

Semiconductors & Related Devices Industry

71st 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

The 2024 Gold Rush: Unleashing Market Potential
Welcome to the financial rollercoaster of 2024, where inflation is persistent, stock markets are overinflated and volatile, global conflicts are intensifying, and the national debt is reaching new heights.
Where I'm coming from
The 2024 Gold Rush: Unleashing Market Potential
Welcome to the financial rollercoaster of 2024, where inflation is persistent, stock markets are overinflated and volatile, global conflicts are intensifying, and the national debt is reaching new heights.
AI Has Lost Its Magic
See More Headlines
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Company Calendar

Last Earnings
3/15/2024
Today
5/09/2024
Next Earnings (Estimated)
5/20/2024
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
+271.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-20,270,000.00
Pretax Margin
-4,349.14%

Debt

Sales & Book Value

Annual Sales
$465,777.00
Book Value
$0.12 per share

Miscellaneous

Free Float
48,017,000
Market Cap
$97.44 million
Optionable
Optionable
Beta
0.38
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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 analysts have issued 1-year price objectives for POET Technologies' stock. Their POET share price targets range from $7.50 to $7.50. On average, they expect the company's stock price to reach $7.50 in the next year. This suggests a possible upside of 236.3% 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 start of the year. Since then, POET stock has increased by 138.4% and is now trading at $2.23.
View the best growth stocks for 2024 here
.

When is POET Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our POET earnings forecast
.

How were POET Technologies' earnings last quarter?

POET Technologies Inc. (NASDAQ:POET) issued its quarterly earnings results on Friday, March, 15th. The company reported ($0.13) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.13). The company had revenue of $0.11 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 5/9/2024 by MarketBeat.com Staff

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