. If POET can secure even a small portion of that market with its unique offering, its valuation should far exceed its current price. We believe the stock could be worth $4.70 by 2024 based on $200 million in revenues in 2025 at 7.8xs EV to Sales, in line with its peers.
This $4.70 valuation is based on $200 million. I believe revenue could be much higher than that. There is also no mention of the Tier 1 in negotiations. Thats another ball of wax.