POET Technologies Inc. (POET)
| Market Cap | 336.52M |
| Revenue (ttm) | 119,946 |
| Net Income (ttm) | -31.91M |
| Shares Out | 70.71M |
| EPS (ttm) | -0.61 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 913,517 |
| Open | 4.800 |
| Previous Close | 4.760 |
| Day's Range | 4.555 - 4.880 |
| 52-Week Range | 0.840 - 5.830 |
| Beta | 0.47 |
| Analysts | Strong Buy |
| Price Target | 6.25 (+29.94%) |
| Earnings Date | Nov 14, 2024 |
About POET
POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, Singapore, and China. The company 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 o... [Read more]
Financial Performance
In 2023, POET Technologies's revenue was $465,777, a decrease of -15.73% compared to the previous year's $552,748. Losses were -$20.27 million, -3.66% less than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for POET stock is "Strong Buy." The 12-month stock price forecast is $6.25, which is an increase of 29.94% from the latest price.
News
POET Technologies Announces US$25 Million Offering Priced at a Premium to Market
TORONTO, Dec. 12, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrat...
POET Technologies: High Risk, High Reward In The AI Data Center Revolution
POET Technologies has surged from $1 to $5.13, driven by its innovative optical solutions and potential in AI data center networking. Despite financial challenges, POET's funding ensures runway throug...
POET Technologies Announces Appointment of New Director
TORONTO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Completes US$25 Million Registered Direct Offering
TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrat...
Poet Technologies Announces US$25 Million Registered Direct Offering
TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrat...
Poet Technologies Announces Intention To Voluntarily Delist from the TSXV
POET Technologies' shares will remain listed on the NASDAQ Capital Market POET Technologies' shares will remain listed on the NASDAQ Capital Market
POET Technologies: Writing The Future Of Optical Networking
POET Technologies is climbing the value ladder, transitioning from supplying optical engines to offering full optical transceiver modules. Its optical interposer combines photonic and electronic parts...
POET Technologies Reports Third Quarter 2024 Financial Results
TORONTO, Nov. 14, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Wins “AI Innovator of the Year” Gold Prize at 2024 Merit Awards
TORONTO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
Poet Technologies Announces Closing of US$15 Million Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NA...
Behind The Surge: Understanding POET Technologies' Growth Prospects
POET Technologies' stock surged 80% in five days, driven by its innovative Optical Interposer technology, which integrates photonic and electrical components for faster, efficient data transfer. Colla...
POET and Mitsubishi Electric Collaborate to Develop 3.2T Optical Engines for AI Networks
TORONTO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Inte...
InSiGa Technologies and POET to Demonstrate Laser Driver and Optical Engine Combinations for 800G and 1.6T Optical Modules at CIOE
InSiGa EML laser drivers and POET optical engines produce industry-leading combination InSiGa EML laser drivers and POET optical engines produce industry-leading combination
POET to Demonstrate Leading-Edge Optical Engines for AI Market at CIOE 2024
TORONTO and SHENZHEN, China, Sept. 05, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interp...
POET Streamlines its Global Engineering Organization in Response to AI Market Demand
TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Reports Second Quarter 2024 Financial Results
Tier One Design Wins and Strong Balance Sheet Support Penetration into AI Networks Tier One Design Wins and Strong Balance Sheet Support Penetration into AI Networks
POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks
TORONTO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
POET Technologies Announces US$10 Million Registered Direct Offering
TORONTO, July 19, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrat...
POET Wins “Best Optical AI Solution” in 2024 AI Breakthrough Awards Program
Prestigious International Annual Awards Program Honors Standout AI and Machine Learning Solutions and Companies Prestigious International Annual Awards Program Honors Standout AI and Machine Learning ...
POET Technologies Provides Results of 2024 Annual General and Special Meeting
TORONTO, June 25, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integ...
The 'Undercovered' Dozen From June 1-6
The "Undercovered" Dozen highlights twelve ideas from the previous month on stocks with limited coverage. Biotechs CRISPR Therapeutics, Voyager Therapeutics, and Alnylam Pharmaceuticals are covered al...
POET: Strengthened Capital Base And A Big Deal Win (Rating Upgrade)
POET Technologies has experienced a positive change in perception, leading to increased interest and trading volume for the stock. It has raised significant cash through private placements, mitigating...
Poet Technologies Announces the Amendment and Acceleration of Warrants
TORONTO, May 29, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrate...
POET Technologies Reports First Quarter 2024 Financial Results
Strong Balance Sheet and Recent Major Design Win Mark Beginning of Second Quarter Strong Balance Sheet and Recent Major Design Win Mark Beginning of Second Quarter
POET Announces Closing of Private Placement Financing for CAD$10 Million
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 10, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; ...