POET Technologies

POET

Market cap $1.32B

POET Technologies (NASDAQ:POET) builds optical interposers and photonic engines that let hyperscale data centers move data with light instead of copper.

POET Technologies is rated Strong Buy following a sharp sell-off, with shares now trading below $8 and nearly two-thirds of market cap in cash. POET's $400 million capital raise at $21/share has fortified its balance sheet, enabling aggressive manufacturing expansion and workforce growth to meet strong order demand. Management targets 1 million unit production capacity by 2027, with the current customer pipeline stretching operational capacity.

POET Technologies (NASDAQ:POET) trades at $8.46, well off its 52-week high of $20.81.

Shares of POET Technologies Inc (NASDAQ:POET) are trading 2.8% lower at $8.08 this afternoon, continuing their consolidation around the $8 floor and extending a pullback from mid-May highs.

AI data center operators are staring down a bandwidth wall, and the fastest way over it runs through glass, not copper.

POET has fallen about 60% from its highs despite raising approximately $830 million and reaffirming its H2 2026 production ramp. Management has shifted the investment story from technology validation toward industrial-scale manufacturing with $50 million of planned manufacturing expansion. New commercial engagements, including an External Light Source agreement and over ten active customer opportunities, broaden the company's revenue pipeline.

TORONTO, June 30, 2026 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported the voting results of its Annual General Meeting (the “AGM”), which was held virtually on Friday, June 26, 2026, and recapped highlights from the presentation given by Chairman & CEO Dr. Suresh Venkatesan.

NEW YORK--(BUSINESS WIRE)---- $POET #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against POET Technologies, Inc. (“POET Technologies” or the “Company”) (NASDAQ: POET) and reminds investors of the June 29, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Geor.

LOS ANGELES, June 29, 2026 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of POET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments.

LOS ANGELES, June 29, 2026 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 1, 2026, and April 27, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before June 29, 2026.