POET Technologies (NASDAQ:POET) Stock Price Down 10.2% – Time to Sell?

POET Technologies Inc. (NASDAQ:POET)’s share price was down 10.2% on Thursday . The company traded as low as $13.78 and last traded at $13.8070. Approximately 6,128,994 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 25,738,936 shares. The stock had previously closed at $15.38.

More POET Technologies News

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

• Positive Sentiment: Analysts at Zacks Research published fresh earnings estimates for POET Technologies, reinforcing ongoing coverage of the name and indicating expectations for continued revenue shortfalls but steady quarter-by-quarter losses. Zacks Research earnings estimates
• Positive Sentiment: One recent commentary noted POET’s shares had been climbing alongside broader enthusiasm for optical/AI-related stocks, showing that investor demand remains strong after the recent run-up. POET Technologies soars 11%
• Neutral Sentiment: Unusual options activity was reported, with call volume running well above normal, suggesting elevated trading interest but no clear directional catalyst by itself. Unusually high options volume
• Neutral Sentiment: A market commentary warned that POET’s big multi-month surge may have left the stock vulnerable to a pullback, implying valuation concerns after the rally. Potential correction after surge
• Negative Sentiment: Multiple law firms issued or repeated class-action alerts over alleged securities-law violations tied to POET’s April 2026 trading period, increasing headline risk and the chance of legal overhang. Class action alert
• Negative Sentiment: Additional investor notices from Faruqi & Faruqi, The Gross Law Firm, DJS Law Group, Robbins LLP, Rosen Law Firm, Schall, Bernstein Liebhard, Pomerantz, and others reinforced that the company is facing an active securities fraud lawsuit and an upcoming June 29 lead-plaintiff deadline. Robbins LLP investor alert
• Negative Sentiment: Because these lawsuits allege possible misstatements and investor harm, they may weigh on sentiment even after the stock’s recent strong move higher. Securities law violations lawsuit

Analysts Set New Price Targets

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

POET Technologies Price Performance

The firm has a market capitalization of $1.82 billion, a PE ratio of -16.47 and a beta of 0.75. The stock’s 50-day moving average price is $10.43 and its 200 day moving average price is $7.75.

POET Technologies (NASDAQ:POET) last issued its earnings results on Thursday, May 14th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). The company had revenue of $0.50 million for the quarter, compared to analysts’ expectations 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 forecast that POET Technologies Inc. will post -0.18 earnings per share for the current fiscal year.

Hedge Funds Weigh In On POET Technologies

A number of institutional investors have recently modified their holdings of POET. Advisory Services Network LLC purchased a new position in shares of POET Technologies during the third quarter worth approximately $25,000. New Millennium Group LLC purchased a new position in shares of POET Technologies during the third quarter worth approximately $27,000. Quarry LP purchased a new position in shares of POET Technologies during the fourth quarter worth approximately $29,000. 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 acquiring an additional 4,142 shares during the period. Finally, Coldstream Capital Management Inc. purchased a new position in shares of POET Technologies during the third quarter worth approximately $55,000. 1.99% of the stock is owned by hedge funds and other institutional investors.

About POET Technologies

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.