POET Technologies Inc. (POET)
NASDAQ: POET · Real-Time Price · USD
4.860
+0.100 (2.10%)
At close: Dec 23, 2024, 4:00 PM
4.949
+0.089 (1.83%)
After-hours: Dec 23, 2024, 7:30 PM EST
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 28.60% from the current stock price of 4.86.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for POET 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 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 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $6 → $7 | Buy | Reiterates | $6 → $7 | +44.03% | Dec 2, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $3.5 → $5.5 | Strong Buy | Maintains | $3.5 → $5.5 | +13.17% | Nov 22, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $6 | Buy | Initiates | $6 | +23.46% | Nov 18, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $3 → $3.5 | Strong Buy | Maintains | $3 → $3.5 | -27.98% | Sep 12, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $8 → $7.5 | Strong Buy | Maintains | $8 → $7.5 | +54.32% | Sep 1, 2023 |
Financial Forecast
Revenue This Year
43.86K
from 465.78K
Decreased by -90.58%
Revenue Next Year
4.32M
from 43.86K
Increased by 9,744.96%
EPS This Year
-0.42
from -0.51
EPS Next Year
-0.30
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 105,000 | 5.3M | 42.0M | |
| Avg | 43,860 | 4.3M | 34.1M | |
| Low | n/a | 2.6M | 24.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -77.5% | 11,869.9% | 872.7% | |
| Avg | -90.6% | 9,745.0% | 690.6% | |
| Low | - | 5,932.8% | 476.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.41 | -0.25 | -0.05 |
| Avg | -0.42 | -0.30 | -0.09 |
| Low | -0.43 | -0.38 | -0.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.