Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Wainright or Wainwrong

This ties into what was posted, I would like to add that everything that comes from Wainwright would be vetted by "The Company"

 

H.C. Wainwright analyst Kevin Dede maintained a Buy rating on POET Technologies Inc (POETF) today and set a price target of $1.50. The company’s shares closed on Friday at $0.24.

Dede wrote:

“First orders received—the ultimate sign of progress toward full commercialization—and Mr. Market seems to snooze through it. One week ago, Monday, November 12, POET issued ground breaking press indicating the company had received $3M in prototype orders and development funding, the first P/L-recognizable revenue to result from the company’s integrated photo-electronics effort since the announcement of the GaAs-based VCSEL strategy in December 2012, almost six years ago. POET’s Interposer platform, announced in January this year, remains the company’s primary focus in combining POET’s etch capability on silicon substrate and flip- chippable laser technology acquired with BB Photonics and DenseLight, respectfully, in 2016.”

According to TipRanks.com, Dede has 0 stars on 0-5 star ranking scale with an average return of -17.1% and a 24.5% success rate. Dede covers the Consumer Goods sector, focusing on stocks such as Top Image Systems, Microvision, and SuperCom.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for POET Technologies Inc with a $1.50 average price target.

The company has a one-year high of $0.61 and a one-year low of $0.16. Currently, POET Technologies Inc has an average volume of 72.73K.

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POET Technologies, Inc. engages in the design, development, manufacture, and sale of opto-electronic solutions for the sensing, data communications, and telecommunications markets. It focuses on the Indium Phosphide platform for datacom and sensing; and gallium arsenide-based platform for short-reach datacom.

 

LINK:

https://www.smarteranalyst.com/brief/poet-technologies-inc-poetf-gets-a-buy-rating-from-h-c-wainwright/

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