According to the Zacks report "Currently POET trades at an enterprise value of $358millionusing a fully diluted share count. We need to look further out to where we think revenues would be by 2025.If we say the joint venture is able to reach $200 million inrevenues by then and the rest of the business can ramp to $100 million that would be $200 million in revenues for POET in 2025. Using 11.3xsgives us an enterprisevaluation of $2.26billion, a market value of $2.28billion or $5.64per shareby 2024 using today’s fully diluted share countof 404 million shares. This would be a present value of $1.97per share discounted by 30% per year."
Looks like the target price is $5.64usd by 2024 and $1.97usd for the present time.