POET Technologies Inc. (POET)

Market Cap	137.81M
Revenue (ttm)	293,651
Net Income (ttm)	-20.71M
Shares Out	48.19M
EPS (ttm)	-0.50
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,805,465
Open	2.790
Previous Close	2.770
Day's Range	2.460 - 3.070
52-Week Range	0.720 - 4.600
Beta	0.29
Analysts	Strong Buy
Price Target	7.50 (+162.24%)
Earnings Date	Aug 9, 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...

• Industry: Semiconductors
• Sector: Technology
• Founded: 1972
• Employees: 53
• Stock Exchange: NASDAQ
• Ticker Symbol: POET

Financial Performance

In 2023, POET'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.

Analyst Forecast

According to one analyst, the rating for POET stock is "Strong Buy" and the 12-month stock price forecast is $7.5.

Price Target

$7.5

(162.24% upside)

Analyst Consensus: Strong Buy