POET Technologies Inc. (POET)

NASDAQ: POET · IEX Real-Time Price · USD
1.003
-0.057 (-5.38%)
At close: Apr 18, 2024, 3:46 PM
1.060
+0.057 (5.68%)
After-hours: Apr 18, 2024, 4:12 PM EDT
-5.38%
Market Cap 40.81M
Revenue (ttm) 465,777
Net Income (ttm) -20.27M
Shares Out 40.70M
EPS (ttm) -0.51
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 53,740
Open 1.060
Previous Close 1.060
Day's Range 1.003 - 1.070
52-Week Range 0.720 - 5.880
Beta 0.55
Analysts Strong Buy
Price Target 6.25 (+523.13%)
Earnings Date May 13, 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]

Industry Semiconductors
Sector Technology
Founded 1972
Employees 53
Stock Exchange NASDAQ
Ticker Symbol POET
Full Company Profile

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.

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 523.13% from the latest price.

Price Target
$6.25
(523.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

POET Augments Investor Outreach Efforts and Announces Management Role Change

TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic I...

1 day ago - GlobeNewsWire

POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks

TORONTO and SAN JOSE, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic...

22 days ago - GlobeNewsWire

POET Enters Optical Module Market with 800G Transceiver for Artificial Intelligence Networks

TORONTO and SAN DIEGO, March 26, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ ...

23 days ago - GlobeNewsWire

POET Technologies Announces Intention to Amend Warrant Terms

TORONTO, March 22, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integra...

27 days ago - GlobeNewsWire

POET to Demo AI Hardware Products for 800G and Beyond at OFC 2024

TORONTO and SAN DIEGO, March 21, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ ...

4 weeks ago - GlobeNewsWire

POET Technologies Reports Fourth Quarter 2023 Financial Results

TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light ...

4 weeks ago - GlobeNewsWire

POET Technologies Announces the Grant of Stock Options

TORONTO, Feb. 20, 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...

2 months ago - GlobeNewsWire

POET Technologies Announces Closing of C$6.2 Million Non-Brokered Private Placement of Units and Reports Preliminary Unaudited Fiscal Fourth Quarter and Fiscal Year 2024 Results

TORONTO, Jan. 25, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV:PTK, NASDAQ:POET) is pleased to announce the completion of its non-brokered private placement prev...

3 months ago - GlobeNewsWire

POET Technologies Upsizes Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV:PTK, NAS...

3 months ago - GlobeNewsWire

POET Technologies Announces Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 11, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Corporation") (TSXV: PTK; NA...

4 months ago - GlobeNewsWire

POET Technologies Earns High Praise from Industry Expert in New e-Book

TORONTO, Dec. 08, 2023 (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 Issues Letter to Shareholders

TORONTO, Dec. 05, 2023 (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 Announces Closing of US$1.6 Million Underwritten Public Offering of Common Shares and Warrants

TORONTO, Dec. 04, 2023 (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 Announces Pricing of US$1.4 Million Underwritten Public Offering of Common Shares and Warrants

TORONTO, Nov. 30, 2023 (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 Comments on Recent Market Activity

TORONTO, Nov. 22, 2023 (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 Technologies Reports Third Quarter 2023 Financial Results

TORONTO, Nov. 14, 2023 (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 Provides Financial Update

TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- OET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Int...

5 months ago - GlobeNewsWire

POET Technologies Announces Public Offering of Common Shares and Warrants

TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic In...

6 months ago - GlobeNewsWire

POET Reports on Share Sales under ATM Program for the Quarter Ending September 30, 2023

TORONTO, Oct. 13, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (the "Company" or “POET”) (TSXV: PTK; NASDAQ: POET) hereby reports on the sales under the Company's "at-the-market" equity program (th...

6 months ago - GlobeNewsWire

POET Technologies Collaborates with Yuanjie Semiconductor Technology for Laser Supply as the Company's Optical Engines Enter Volume Production

TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic In...

6 months ago - GlobeNewsWire

POET's JV, Super Photonics Xiamen, Expands Production Capacity to Support Customer Demand

TORONTO, Oct. 05, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic In...

7 months ago - GlobeNewsWire

POET Technologies' New Module Designs Attract Major Companies at CIOE

TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic I...

7 months ago - GlobeNewsWire

POET Technologies Refreshes "At-the-Market" Public Offering in the United States

TORONTO, Sept. 01, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (the "Company") (TSXV: PTK; NASDAQ: POET) is pleased to announce that it has entered into an equity distribution agreement dated Sept...

8 months ago - GlobeNewsWire

POET Technologies to Feature 800G Optical Transceivers at CIOE 2023

TORONTO and SHENZHEN, China, Aug. 30, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interpo...

8 months ago - GlobeNewsWire

POET Technologies Creates Platform for 1.6T Transceivers Using 200G per lane Technology

TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrate...

8 months ago - GlobeNewsWire