What is Zacks Research’s Estimate for POET FY2026 Earnings?

POET Technologies Inc. (NASDAQ:POETFree Report) – Equities researchers at Zacks Research lowered their FY2026 earnings per share estimates for shares of POET Technologies in a research report issued on Wednesday, August 26th. Zacks Research analyst L. Thompson now anticipates that the company will post earnings per share of ($0.29) for the year, down from their prior estimate 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) EPS for the quarter, hitting the consensus estimate of ($0.07). POET Technologies had a negative return on equity of 11.65% and a negative net margin of 4,423.13%.The firm had revenue of $0.57 million during the quarter, compared to analysts’ expectations of $0.50 million. During the same period last year, the business earned ($0.21) earnings per share.

Several other research firms have also weighed in on POET. Weiss Ratings reiterated a “sell (d-)” rating on shares of POET Technologies in a research note on Friday, July 17th. Wall Street Zen raised POET Technologies from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. One investment 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 target price of $8.00.

Read Our Latest Stock Analysis on POET

POET Technologies Stock Performance

Shares of POET Technologies stock opened at $7.29 on Thursday. The firm has a market cap of $1.12 billion, a P/E ratio of -12.57 and a beta of 0.83. The firm’s 50-day simple moving average is $8.25 and its 200-day simple moving average is $8.95. POET Technologies has a twelve month low of $3.87 and a twelve month high of $20.81.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of POET. Advisory Services Network LLC bought a new position in POET Technologies in the 3rd quarter valued at $25,000. Quarry LP acquired a new position in POET Technologies during the 4th quarter worth about $29,000. PNC Financial Services Group Inc. bought a new stake in POET Technologies during the 1st quarter worth about $59,000. Shelton Wealth Management LLC acquired a new stake in POET Technologies in the 1st quarter valued at about $59,000. Finally, Coldstream Capital Management Inc. bought a new position in shares of POET Technologies in the third quarter worth about $55,000. 1.99% of the stock is 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

Receive News & Ratings for POET Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for POET Technologies and related companies with MarketBeat.com's FREE daily email newsletter.