POET Technologies (NASDAQ:POET) Trading Down 7.3% – Should You Sell?

Posted by Francis Steltz on Jul 16th, 2026

POET Technologies Inc. (NASDAQ:POET – Get Free Report) fell 7.3% during mid-day trading on Thursday . The company traded as low as $7.63 and last traded at $7.6660. 4,250,484 shares changed hands during trading, a decline of 83% from the average session volume of 24,983,779 shares. The stock had previously closed at $8.27.

Analysts Set New Price Targets

A number of brokerages have recently commented on POET. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of POET Technologies in a research report on Tuesday, April 21st. Wall Street Zen lowered shares of POET Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. One analyst has rated the stock with a Sell rating, According to MarketBeat, POET Technologies currently has an average rating of “Sell” and a consensus target price of $8.00.

Get Our Latest Analysis on POET Technologies

POET Technologies Stock Performance

The company has a market cap of $1.16 billion, a P/E ratio of -10.47 and a beta of 0.75. The business has a fifty day simple moving average of $11.93 and a 200 day simple moving average of $8.66.

POET Technologies (NASDAQ:POET – Get Free Report) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.08) earnings per share (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%. Equities research analysts expect that POET Technologies Inc. will post -0.24 EPS for the current year.

Hedge Funds Weigh In On POET Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisory Services Network LLC acquired a new position in shares of POET Technologies during the third quarter valued at $25,000. Quarry LP bought a new stake in shares of POET Technologies in the 4th quarter worth $29,000. Coldstream Capital Management Inc. acquired a new stake in shares of POET Technologies in the third quarter valued at $55,000. Shelton Wealth Management LLC acquired a new stake in shares of POET Technologies in the first quarter valued at $59,000. Finally, PNC Financial Services Group Inc. bought a new position in POET Technologies during the first quarter valued at about $59,000. 1.99% of the stock is owned by institutional investors.

About POET Technologies

(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.