From 24/7 Wall St. · Vandita Jadeja · · 1m 10s
POET Technologies Stock Upside
POET Technologies stock targets 111.8% upside with $18.11 price target.
In brief
POET Technologies stock targets 111.8% upside with $18.11 price target. POET Technologies (NASDAQ:POET) has 111.8% upside potential to $18.11 from current $8.56 price with a buy recommendation. Originally reported by 24/7 Wall St..
POET Technologies
POET Technologies is a small-cap silicon photonics company with a $796 million cash reserve and a major anchor customer.
Price Target
24/7 Wall St. targets $18.11 for POET Technologies versus current price of $8.56, implying 111.8% upside potential.
Recent Performance
POET shares rose 63.51% over the past year and 35.23% year to date, swinging from $3.87 to $20.81.
Q3 2026 Results
POET reported $569,925 revenue up 112.29% year over year but missed $691,530 consensus with GAAP EPS of -$0.07.
Lumilens Agreement
Lumilens supply agreement includes initial $50 million purchase order and potential $500 million cumulative over five years for optical engines.
Malaysia Production
Malaysia manufacturing with Globetronics targets 1 million optical engine annual capacity with 800G production slated for Q3 2027.
Bull Case
Bull case projects $20.50 in 12 months if POET executes clean on Malaysia ramp and converts Lumilens framework into recurring volume.
The takeaway
POET Technologies (NASDAQ:POET) has 111.8% upside potential to $18.11 from current $8.56 price with a buy recommendation.
