POET Technologies Inc. (POET)
NASDAQ: POET · IEX Real-Time Price · USD
2.280
+0.700 (44.30%)
At close: Apr 24, 2024, 4:00 PM
2.470
+0.190 (8.33%)
Pre-market: Apr 25, 2024, 7:19 AM EDT
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 5.00 and a high estimate of 7.50. The average target predicts an increase of 174.12% from the current stock price of 2.28.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 1, 2023.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Craig-Hallum | Craig-Hallum | Strong Buy Maintains $8 → $7.5 | Strong Buy | Maintains | $8 → $7.5 | +228.95% | Sep 1, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +119.30% | Apr 26, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $10 → $5 | Strong Buy | Maintains | $10 → $5 | +119.30% | Aug 11, 2022 |
Craig-Hallum | Craig-Hallum | Strong Buy Initiates $11 | Strong Buy | Initiates | $11 | +382.46% | May 25, 2022 |
Financial Forecast
Revenue This Year
5.51M
from 465.78K
Increased by 1,082.54%
Revenue Next Year
n/a
from 5.51M
EPS This Year
-0.42
from -0.51
EPS Next Year
n/a
from -0.42
Revenue Forecast
Revenue | 2024 |
---|---|
High | 5.7M |
Avg | 5.5M |
Low | 5.3M |
Revenue Growth
Revenue Growth | 2024 |
---|---|
High | 1,117.3% |
Avg | 1,082.5% |
Low | 1,036.2% |
EPS Forecast
EPS | 2024 |
---|---|
High | -0.43 |
Avg | -0.42 |
Low | -0.40 |
EPS Growth
EPS Growth | 2024 |
---|---|
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.