FY2026 EPS Forecast for POET Technologies Lowered by Analyst

POET Technologies Inc. (NASDAQ:POETFree Report) – Stock analysts at Zacks Research dropped their FY2026 earnings per share estimates for POET Technologies in a research report issued to clients and investors on Wednesday, August 26th. Zacks Research analyst L. Thompson now expects that the company will post earnings per share of ($0.29) for the year, down from their prior forecast of ($0.28). The consensus estimate for POET Technologies’ current full-year earnings is ($0.28) per share. Zacks Research also issued estimates for POET Technologies’ Q4 2026 earnings at ($0.07) EPS and FY2028 earnings at ($0.02) EPS.

POET Technologies (NASDAQ:POETGet Free Report) last issued its earnings results on Thursday, August 13th. The company reported ($0.07) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.07). The company had revenue of $0.57 million for the quarter, compared to analyst estimates of $0.50 million. POET Technologies had a negative net margin of 4,423.13% and a negative return on equity of 11.65%. During the same quarter last year, the firm earned ($0.21) EPS.

POET has been the topic of several other research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of POET Technologies in a research note on Friday, July 17th. Wall Street Zen raised shares of POET Technologies from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell” and a consensus target price of $8.00.

Check Out Our Latest Stock Report on POET

POET Technologies Stock Performance

POET opened at $7.29 on Thursday. The company has a fifty day moving average price of $8.25 and a two-hundred day moving average price of $8.95. The firm has a market capitalization of $1.12 billion, a PE ratio of -12.57 and a beta of 0.83. POET Technologies has a 52 week low of $3.87 and a 52 week high of $20.81.

Institutional Trading of POET Technologies

Several hedge funds have recently bought and sold shares of POET. Private Advisor Group LLC bought a new stake in shares of POET Technologies during the fourth quarter worth $2,707,000. Raymond James Financial Inc. lifted its stake in POET Technologies by 75.1% in the 3rd quarter. Raymond James Financial Inc. now owns 413,333 shares of the company’s stock valued at $2,290,000 after acquiring an additional 177,341 shares in the last quarter. Federation des caisses Desjardins du Quebec boosted its position in POET Technologies by 33.6% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 618,604 shares of the company’s stock worth $3,910,000 after acquiring an additional 155,428 shares during the last quarter. Jump Financial LLC bought a new position in shares of POET Technologies during the 2nd quarter worth approximately $619,000. Finally, Counterpoint Mutual Funds LLC bought a new stake in shares of POET Technologies in the first quarter worth $598,000. 1.99% of the stock is currently owned by institutional investors and hedge funds.

POET Technologies Company Profile

(Get Free Report)

POET Technologies Inc is a Canadian fabless semiconductor company focused on the development and commercialization of integrated silicon photonics platforms. Leveraging proprietary POET Optical Interposer™ technology, the company designs and manufactures optical input/output (I/O) solutions that enable high-bandwidth, low-power data transmission between electronic chips and fiber-optic networks. By integrating optical waveguides, lasers, detectors and electronic drivers onto a single chip, POET aims to address the growing demand for faster, more energy-efficient data connectivity in telecommunications, data centers and high-performance computing applications.

The company’s core products include silicon photonics interposer arrays, active optical cables and optical transceiver modules.

Further Reading

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