Q2 Earnings Estimate for POET Issued By Zacks Research

POET Technologies Inc. (NASDAQ:POETFree Report) – Stock analysts at Zacks Research issued their Q2 2026 EPS estimates for POET Technologies in a research report issued to clients and investors on Monday, June 1st. Zacks Research analyst L. Thompson expects that the company will post earnings of ($0.08) per share for the quarter. The consensus estimate for POET Technologies’ current full-year earnings is ($0.18) per share. Zacks Research also issued estimates for POET Technologies’ Q3 2026 earnings at ($0.07) EPS and Q4 2026 earnings at ($0.05) EPS.

POET Technologies (NASDAQ:POETGet Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). The business had revenue of $0.50 million during the quarter, compared to the consensus estimate of $0.25 million. POET Technologies had a negative return on equity of 27.24% and a negative net margin of 5,786.60%.

A number of other equities analysts also recently commented on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of POET Technologies in a research note on Tuesday, April 21st. Wall Street Zen downgraded shares of POET Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, POET Technologies has an average rating of “Sell” and an average price target of $8.00.

Check Out Our Latest Analysis on POET

POET Technologies Stock Up 0.7%

Shares of NASDAQ:POET opened at $15.48 on Friday. The company has a market capitalization of $2.38 billion, a price-to-earnings ratio of -21.50 and a beta of 0.75. POET Technologies has a 52 week low of $3.87 and a 52 week high of $20.81. The firm has a 50 day moving average of $10.31 and a 200 day moving average of $7.72.

Hedge Funds Weigh In On POET Technologies

A number of large investors have recently made changes to their positions in POET. Jump Financial LLC acquired a new position in shares of POET Technologies during the second quarter worth $619,000. Raymond James Financial Inc. increased its position in shares of POET Technologies by 253.1% during the second quarter. Raymond James Financial Inc. now owns 235,992 shares of the company’s stock worth $1,230,000 after purchasing an additional 169,158 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of POET Technologies by 22.3% during the second quarter. Osaic Holdings Inc. now owns 34,735 shares of the company’s stock worth $181,000 after purchasing an additional 6,340 shares in the last quarter. SBI Securities Co. Ltd. increased its position in shares of POET Technologies by 95.3% during the third quarter. SBI Securities Co. Ltd. now owns 8,487 shares of the company’s stock worth $47,000 after purchasing an additional 4,142 shares in the last quarter. Finally, HighPoint Advisor Group LLC acquired a new position in shares of POET Technologies during the third quarter worth $68,000. 1.99% of the stock is owned by institutional investors and hedge funds.

Key POET Technologies News

Here are the key news stories impacting POET Technologies this week:

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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