POET Technologies (POET, Financial) has announced that following the demonstration of its innovative POET Teralight 1.6T transmit and receive optical engines at the recent 2025 Optical Fiber Communications Conference, the company has engaged with several potential new customers. This event took place at the Moscone Center in San Francisco, California, and saw POET’s technology surpassing anticipated performance levels.
The company's groundbreaking product, known as Blazar, is set to elevate AI connectivity standards. This advanced laser technology is designed to transform the economic framework of AI connectivity by improving cost efficiency and scaling capabilities while enhancing manufacturing processes. Dr. Suresh Venkatesan, the Chairman and CEO of POET Technologies, emphasized the potential of Blazar to provide an economically advantageous solution for co-packaged optical applications. More significantly, Blazar aims to facilitate chip-to-chip, light-based connectivity within AI clusters, catering to the substantial computing demands of artificial intelligence.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for POET Technologies Inc (POET, Financial) is $6.25 with a high estimate of $7.00 and a low estimate of $5.50. The average target implies an upside of 67.56% from the current price of $3.73. More detailed estimate data can be found on the POET Technologies Inc (POET) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, POET Technologies Inc's (POET, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for POET Technologies Inc (POET, Financial) in one year is $0.18, suggesting a downside of 95.17% from the current price of $3.73. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the POET Technologies Inc (POET) Summary page.
