Quick Read – POET Technologies (POET) signed a $500M five-year Lumilens supply agreement with an initial $50M purchase order and is guiding to 30,000+ optical engine shipments in 2026, but Q1 EPS missed at -$0.08 with a $12.34M net loss and the stock has cooled 28% from May…
ghs. – POET’s 133% year-to-date rally has outpaced fundamentals as the company faces securities litigation over PFIC tax status and alleged NDA breaches that cost it Marvell orders, prompting a sell rating with a $10.38 price target implying 30% downside. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Poet Technologies wasn’t one of them. Get them here FREE
POET Technologies (NASDAQ:POET) has been one of the wildest small-cap AI infrastructure stories of 2026, with shares riding a 133.49% year-to-date rally on a marquee Lumilens supply agreement. After running this name through our proprietary model, the rally has gotten ahead of the fundamentals. Earlier this month, we’d a buy call for the stock with a target of $10.51.
Now that the stock has hit $14, our latest call changes. Our 24/7 Wall St. price target for POET is $10.38, implying -29.77% downside from the current $14.78 quote. The recommendation is sell, with moderate confidence of roughly 50%.