Are Analysts Expecting A Better 2020 For POET Technologies Inc (POET)?

POET Technologies Inc (POET) concluded trading on Thursday at a closing price of $6.44, with 4.23 million shares of worth about $27.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 34.17% during that period and on July 17, 2025 the price saw a loss of about -3.74%. Currently the company’s common shares owned by public are about 84.59M shares, out of which, 83.57M shares are available for trading.

Stock saw a price change of -8.13% in past 5 days and over the past one month there was a price change of 53.70%. Year-to-date (YTD), POET shares are showing a performance of 96.34% which increased to 8.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.27 but also hit the highest price of $7.79 during that period. The average intraday trading volume for POET Technologies Inc shares is 1.49 million. The stock is currently trading 14.44% above its 20-day simple moving average (SMA20), while that difference is up 32.39% for SMA50 and it goes to 42.76% higher than SMA200.

POET Technologies Inc (NASDAQ: POET) currently have 84.59M outstanding shares and institutions hold larger chunk of about 3.50% of that.

The stock has a current market capitalization of $544.76M and its 3Y-monthly beta is at 0.33. It has posted earnings per share of -$0.65 in the same period. It has Quick Ratio of 1.59 while making debt-to-equity ratio of 0.23. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for POET, volatility over the week remained 8.52% while standing at 9.32% over the month.

Analysts are in expectations that POET Technologies Inc (POET) stock would likely to be making an EPS of -0.1 in the current quarter, while forecast for next quarter EPS is -0.1 and it is -0.12 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.1 which is -0.1 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.12 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 156.55% while it is estimated to decrease by -130.77% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on November 18, 2024 offering an Outperform rating for the stock and assigned a target price of $6 to it.

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