POET Technologies Inc. (POET)
NASDAQ: POET · Real-Time Price · USD
4.010
-0.030 (-0.74%)
At close: Nov 22, 2024, 4:00 PM
4.030
+0.020 (0.50%)
After-hours: Nov 22, 2024, 7:44 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 5.75, with a low estimate of 5.50 and a high estimate of 6.00. The average target predicts an increase of 43.39% from the current stock price of 4.01.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 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 | 1 | 1 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $3.5 → $5.5 | Strong Buy | Maintains | $3.5 → $5.5 | +37.16% | Nov 22, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $6 | Buy | Initiates | $6 | +49.63% | Nov 18, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $3 → $3.5 | Strong Buy | Maintains | $3 → $3.5 | -12.72% | Sep 12, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $8 → $7.5 | Strong Buy | Maintains | $8 → $7.5 | +87.03% | Sep 1, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +24.69% | Apr 26, 2023 |
Financial Forecast
Revenue This Year
116.79K
from 465.78K
Decreased by -74.93%
Revenue Next Year
4.13M
from 116.79K
Increased by 3,437.12%
EPS This Year
-0.42
from -0.51
EPS Next Year
-0.31
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 210,000 | 5.3M | 42.0M |
| Avg | 116,790 | 4.1M | 28.0M |
| Low | 28,420 | 3.0M | 14.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -54.9% | 4,395.2% | 916.7% |
| Avg | -74.9% | 3,437.1% | 577.8% |
| Low | -93.9% | 2,501.3% | 253.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.40 | -0.22 | -0.05 |
| Avg | -0.42 | -0.31 | -0.08 |
| Low | -0.44 | -0.38 | -0.11 |
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.