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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/18/2024 | $6.00 | Outperform | Northland Capital |
| 5/25/2022 | $11.00 | Buy | Craig Hallum |
6-K - POET TECHNOLOGIES INC. (0001437424) (Filer)
6-K - POET TECHNOLOGIES INC. (0001437424) (Filer)
6-K - POET TECHNOLOGIES INC. (0001437424) (Filer)
POET Technologies Inc. (NASDAQ:POET) shares are trading higher Monday. The company announced Friday that it has been selected as winner of the “Best Optical AI Solution” award in the seventh annual AI Breakthrough Awards program. The Details: Poet's microchip solution, the POET Optical Interposer, enables optical communication using a silicon-based hybrid integration platform. The optical interposer combines electrical and optical layers in a single chip for highly integrated transceivers and enables the replacement of copper with light-based optical data communication between chips in high-speed computing. Read Next: EV-Maker Nikola’s Stock Hits New All-Time Low: What’s Going On?
POET Technologies (NASDAQ:POET) reported quarterly losses of $(0.12) per share which missed the analyst consensus estimate of $(0.10) by 20 percent. This is a 14.29 percent increase over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $8.71 thousand which missed the analyst consensus estimate of $800.00 thousand by 98.91 percent. This is a 95.18 percent decrease over sales of $180.84 thousand the same period last year.
POET Technologies Inc. (NASDAQ:POET) revealed that interconnect solutions provider Foxconn Interconnect Technology has chosen its silicon photonics integrated circuits (Silicon PIC) for the 800G and 1.6T optical transceiver modules. POET has partnered with FIT to create 800G and 1.6T pluggable optical transceiver modules using its silicon photonics optical engines, targeting advanced AI and high-speed data center networks. Under this collaboration, POET will supply its optical engines based on its patented Optical Interposer technology, while FIT will design and provide high-speed optical transceivers to global customers. The market for 800G and 1.6T optical transceivers is project
TORONTO, Nov. 22, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical InterposerTM, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced that the Company's board of directors has approved the voluntary delisting (the "Delisting") of POET's common shares (the "Shares") from the TSX Venture Exchange (the "TSXV"). The Company intends to submit an application to the TSXV to complete such Delisting in due course. Upon submission of the Company's application, the Delisting will be subject to the approval of the
TORONTO, Nov. 14, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its unaudited condensed consolidated financial results as at and for the three months ended November 30, 2024. The Company's financial results as well as the Management's Discussion and Analysis have been filed on SEDAR. All financial figures are in United States dollars ("USD") unless otherwise indicated. Management Comments "We are very proud of the progress POET has m
TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, has been named the winner of the "Best in Artificial Intelligence" category at the prestigious 2024 Global Tech Awards, announced on October 14. The honor is the third top prize the Company has received in 2024, following recognition by the AI Breakthrough Awards for "Best Optical AI Solution" and the Gold Prize for "AI Innovator of the Year" from the Merit Awards. POET Technologies w
SC 13G/A - POET TECHNOLOGIES INC. (0001437424) (Subject)
SC 13G - POET TECHNOLOGIES INC. (0001437424) (Subject)
Northland Capital initiated coverage of POET Technologies with a rating of Outperform and set a new price target of $6.00
Craig Hallum initiated coverage of POET Technologies with a rating of Buy and set a new price target of $11.00
TORONTO, June 25, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported the voting results of its Annual General and Special Meeting (the "Meeting" or "AGSM"), which was held virtually on Friday, June 21, 2024. The Company's VP Finance and Administration, Kevin Barnes, delivered customary introductions and the call to order, and POET's Chairman of the Compensation Committee, Glen Riley, conducted the formal business of the Meeting, which incl
TORONTO, June 21, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today announced that it has appointed Michal Lipson, a pioneer and thought leader in silicon photonics as well as a highly-published researcher in physics, as an advisor to the Company's Board of Directors. The Company also plans to nominate Lipson as a director at its upcoming Annual General Meeting currently scheduled for October 6, 2022. "We are honored to have Michal Lipson serve as an advisor to our Board in advance of
TORONTO, June 07, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today announced that it has appointed Theresa Lan Ende, currently Chief Procurement Director of Arista Networks, as an advisor to the Company's Board of Directors. The Company also announced that it intends to nominate Theresa Lan Ende as a director at its Annual General Meeting currently scheduled for October 6, 2022. "We are thrilled that Theresa Lan Ende has agreed to become an advisor to our Board prior to her nominatio
TORONTO, April 26, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its audited condensed consolidated financial results for the fourth quarter and full year ended December 31, 2021. The Company's financial results as well as the Management's Discussion and Analysis have been filed on SEDAR and EDGAR. All financial figures are in United States dollars ("USD") unless otherwise indicated. Fourth Quarter Financial (non-IFRS) and Recent Business Highlights: The Company continued
TORONTO, April 21, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. ("POET" or the "Company") (TSXV:PTK, NASDAQ:POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today announced the Company will distribute its audited consolidated financial results for the fourth quarter and full year ended December 31, 2021 after the close of market on Tuesday, April 26, 2022. Additionally, the Company will host a business update conference call on Wednesday, April 27th at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time). The conference call will be led by POET's Chairman & CEO, Dr. Suresh Venkatesa