POET Technologies Inc. (POET)
NASDAQ: POET · IEX Real-Time Price · USD
2.210
-0.060 (-2.64%)
At close: May 17, 2024, 4:00 PM
2.279
+0.069 (3.12%)
After-hours: May 17, 2024, 7:57 PM EDT
POET Technologies Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for POET Technologies stock has a target of 7.50, which predicts an increase of 239.37% from the current stock price of 2.21.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 1, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for POET is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 1 |
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 | 1 |
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 | +239.37% | Sep 1, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +126.24% | Apr 26, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $10 → $5 | Strong Buy | Maintains | $10 → $5 | +126.24% | Aug 11, 2022 |
Craig-Hallum | Craig-Hallum | Strong Buy Initiates $11 | Strong Buy | Initiates | $11 | +397.74% | 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.