POET Technologies Inc. (POET)

NASDAQ: POET · Real-Time Price · USD
3.775
+0.015 (0.40%)
Apr 17, 2025, 4:00 PM EDT - Market closed
0.40%
Market Cap 295.65M
Revenue (ttm) 41,427
Net Income (ttm) -56.70M
Shares Out 78.07M
EPS (ttm) -0.94
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 341,823
Open 3.720
Previous Close 3.760
Day's Range 3.720 - 3.810
52-Week Range 1.000 - 7.790
Beta 0.77
Analysts Strong Buy
Price Target 6.25 (+65.56%)
Earnings Date May 14, 2025

About POET

POET Technologies Inc., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products and services for commercial applications in the United States, Canada, Singapore, and China. The company offers photonic integrated packaging solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices onto a single chip using advanced wafer-level semiconductor manufacturing techniques. It also designs and develops photonic integrated circuits and o... [Read more]

Industry Semiconductors
Sector Technology
Founded 1972
Employees 58
Stock Exchange NASDAQ
Ticker Symbol POET
Full Company Profile

Financial Performance

In 2024, POET Technologies's revenue was $41,427, a decrease of -91.11% compared to the previous year's $465,777. Losses were -$56.70 million, 179.7% more than in 2023.

Financial Statements

Analyst 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 65.56% from the latest price.

Price Target
$6.25
(65.56% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

POET Broadens Customer Engagements Following Showcase of Groundbreaking Products

Best in class performance for 1.6T Optical Engines partnered with Mitsubishi Electric's 400G EML lasers and debut of the POET Blazar™ Best in class performance for 1.6T Optical Engines partnered with ...

4 days ago - GlobeNewsWire

POET Expands Global Reach as It Teams with South Korea's Lessengers To Develop 800G DR8 Transceivers for AI and Hyperscale Markets

TORONTO, April 02, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSX Venture: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical en...

16 days ago - GlobeNewsWire

POET Receives Lightwave Award for Outstanding AI Hardware at OFC Conference

TORONTO, April 01, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSX Venture: PTK; NASDAQ: POET), a leader in the design and implementation of highly integrated optical en...

16 days ago - GlobeNewsWire

POET Technologies Reports Fourth Quarter 2024 Financial Results

Continued progress toward a revenue inflection point based on in-place contracts with industry leaders and partners Continued progress toward a revenue inflection point based on in-place contracts wit...

17 days ago - GlobeNewsWire

Poet Ships Advanced Optical Engine Samples to Three Global Technology Customers for AI Applications

TORONTO, March 20, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSX Venture: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical en...

4 weeks ago - GlobeNewsWire

POET Technologies: Revenue Inflection Nears As Market Opportunity Expands

POET is expected to generate its first meaningful revenues this year from its partnerships with several leading optical module makers. POET is well-funded until it starts mass producing its engines, m...

5 weeks ago - Seeking Alpha

POET Wins Lightwave Award for Its Outstanding AI Hardware Technology

The POET Optical Interposer™ earns its 4th prestigious honor in less than a year The POET Optical Interposer™ earns its 4th prestigious honor in less than a year

7 weeks ago - GlobeNewsWire

POET's Chairman & CEO Provides Business Update

Scaling to meet explosive demand for POET's AI infrastructure hardware Scaling to meet explosive demand for POET's AI infrastructure hardware

2 months ago - GlobeNewsWire

POET Engaged by Global Financial Services Leader to Develop Custom Optical Engine

Demonstrates versatility of Optical Interposer Platform and adds new revenue stream Demonstrates versatility of Optical Interposer Platform and adds new revenue stream

2 months ago - GlobeNewsWire

POET Completes Acquisition of Super Photonics Xiamen

Addresses global demand for high-speed optical engines for Artificial Intelligence networks Addresses global demand for high-speed optical engines for Artificial Intelligence networks

3 months ago - GlobeNewsWire

POET Technologies Signs Manufacturing Agreement with Globetronics in Malaysia

Provides update on Super Photonics Joint Venture and recently announced US$25 Million Public Offering Provides update on Super Photonics Joint Venture and recently announced US$25 Million Public Offer...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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

5 months ago - GlobeNewsWire

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...

5 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - Seeking Alpha

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...

7 months ago - GlobeNewsWire

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

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire