POET Technologies Inc. (POET)

POET Technologies Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for POET Technologies stock have an average target of 6.25, with a low estimate of 5.50 and a high estimate of 7.00. The average target predicts an increase of 38.27% from the current stock price of 4.52.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$5.50	$6.25	$7.00	$7.00
Change	+21.68%	+38.27%	+54.87%	+54.87%

* Price targets were last updated on Dec 2, 2024.

Analyst Ratings

The average analyst rating for POET Technologies stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tim Savageaux Northland Capital Markets	Northland Capital Markets	Buy Reiterates $6 → $7	Buy	Reiterates	$6 → $7	+54.87%	Dec 2, 2024
Richard Shannon Craig-Hallum	Craig-Hallum	Strong Buy Maintains $3.5 → $5.5	Strong Buy	Maintains	$3.5 → $5.5	+21.68%	Nov 22, 2024
Tim Savageaux Northland Capital Markets	Northland Capital Markets	Buy Initiates $6	Buy	Initiates	$6	+32.74%	Nov 18, 2024
Richard Shannon Craig-Hallum	Craig-Hallum	Strong Buy Maintains $3 → $3.5	Strong Buy	Maintains	$3 → $3.5	-22.57%	Sep 12, 2024
Richard Shannon Craig-Hallum	Craig-Hallum	Strong Buy Maintains $8 → $7.5	Strong Buy	Maintains	$8 → $7.5	+65.93%	Sep 1, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

3.93M

Increased by 9,379.33%

from 41.43K

Revenue Next Year

30.80M

Increased by 684.42%

from 3.93M

EPS This Year

-0.24

from -0.94

EPS Next Year

-0.11

from -0.24

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	-	209.10K	552.75K	465.78K	41.43K	3.93M	30.80M	102.00M
Revenue Growth	-	-	164.35%	-15.73%	-91.11%	9,379.33%	684.42%	231.13%
EPS	-0.62	-0.45	-0.57	-0.51	-0.94	-0.24	-0.11	0.23
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	19.27
No. Analysts	-	-	-	-	-	4	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	5.3M	36.8M	105.0M
Avg	3.9M	30.8M	102.0M
Low	2.6M	24.9M	98.0M

Revenue Growth

Revenue Growth	2025	2026	2027
High	12,572.9%	835.8%	240.9%
Avg	9,379.3%	684.4%	231.1%
Low	6,287.1%	533.9%	218.1%

EPS Forecast

EPS	2025	2026	2027
High	-0.25	-0.08	0.24
Avg	-0.24	-0.11	0.23
Low	-0.24	-0.14	0.23

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.