In last trading session, POET Technologies Inc (NASDAQ:POET) saw 1.02 million shares changing hands with its beta currently measuring 0.57. Company’s recent per share price level of $4.72 trading at -$0.15 or -3.08% at ring of the bell on the day assigns it a market valuation of $333.75M. That closing price of POET’s stock is at a discount of -65.04% from its 52-week high price of $7.79 and is indicating a premium of 78.81% from its 52-week low price of $1.00.

POET Technologies Inc (NASDAQ:POET) trade information

Upright in the red during last session for losing -3.08%, in the last five days POET remained trading in the red while hitting it’s week-highest on Thursday, 02/13/25 when the stock touched $4.72 price level, adding 9.75% to its value on the day. POET Technologies Inc’s shares saw a change of -20.67% in year-to-date performance and have moved -5.22% in past 5-day. POET Technologies Inc (NASDAQ:POET) showed a performance of -14.03% in past 30-days.

Wall Street analysts have assigned a consensus price target of 3.5 to the stock, which implies a fall of -34.86% to its current value. Analysts have been projecting 3.5 as a low price target for the stock while placing it at a high target of 3.5. It follows that stock’s current price would jump 25.85% in reaching the projected high whereas dropping to the targeted low would mean a gain of 25.85% for stock’s current value.

POET Technologies Inc (POET) estimates and forecasts

This year revenue growth is estimated to fall -90.53% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 46.67k for the same. And 2 analysts are in estimates of company making revenue of 560.5k in the next quarter. Company posted 145.53k and 11.85k of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 2.67% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -14.37% while estimates for its earnings growth in next 5 years are of 28.90%.

POET Technologies Inc (NASDAQ:POET)’s Major holders

MMCAP INTERNATIONAL INC. SPC is the top institutional holder at POET for having 2.86 million shares of worth $5.93 million. And as of 2024-06-30, it was holding 5.079 of the company’s outstanding shares.

The second largest institutional holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP, which was holding about 0.13 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.2692 of outstanding shares, having a total worth of $0.26 million.