business
Will Poet Technologies Stock Double This Year?
Key takeaways
- Vandita Jadeja Fri, June 12, 2026 at 11:53 PM GMT+7 4 min read POET NVDA Quick Read POET (NASDAQ: POET) fell 27% in a week, but our BUY-rated price target of $22.49 implies roughly 100% upside from current levels.
- A $50M Lumilens purchase order, scalable to $500M over five years, anchors POET s bull case alongside a planned 800G production ramp starting Q3 2026.
- Even the bear case targets $16.79, which would represent a 49% gain, suggesting POET s sharp weekly selloff already priced in its $291M accumulated deficit and execution risks.
Will Poet Technologies Stock Double This Year? Vandita Jadeja Fri, June 12, 2026 at 11:53 PM GMT+7 4 min read POET NVDA Quick Read POET (NASDAQ: POET) fell 27% in a week, but our BUY-rated price target of $22.49 implies roughly 100% upside from current levels.
A $50M Lumilens purchase order, scalable to $500M over five years, anchors POET s bull case alongside a planned 800G production ramp starting Q3 2026.
Even the bear case targets $16.79, which would represent a 49% gain, suggesting POET s sharp weekly selloff already priced in its $291M accumulated deficit and execution risks.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop