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POET Technologies ( (POET) ) has shared an update.
On January 22, 2026, POET Technologies announced that it had entered into securities purchase agreements with institutional investors for a registered direct offering of 20,689,656 common shares, priced to yield approximately US$150 million in gross proceeds, with closing expected around January 23, 2026 subject to customary conditions. The company plans to deploy the capital toward corporate development and expansion, including targeted acquisitions, increased R&D, acceleration of its high-speed optical module and light source businesses, and broader operational growth, a move positioned to strengthen its balance sheet, deepen its institutional investor base and support both organic and inorganic growth in the rapidly expanding AI and hyperscale data-center optics market.
The most recent analyst rating on (POET) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on POET Technologies stock, see the POET Stock Forecast page.
Spark’s Take on POET Stock
According to Spark, TipRanks’ AI Analyst, POET is a Neutral.
The score is held back primarily by weak financial performance—deep, persistent losses and ongoing cash burn—despite strong recent revenue growth and a relatively manageable balance sheet. Technicals are a notable positive (price above key moving averages with supportive momentum), but valuation is constrained by negative earnings and the absence of a dividend.
To see Spark’s full report on POET stock, click here.
More about POET Technologies
POET Technologies Inc. is a Toronto-headquartered design and development company focused on high-speed optical engines, light source products and custom optical modules for artificial intelligence systems and hyperscale data centers. Its solutions are built on the patented POET Optical Interposer platform, which integrates electronic and photonic devices on a single chip using wafer-level semiconductor manufacturing to deliver lower-cost, lower-power, compact and scalable optical components for applications ranging from 800G and 1.6T data-center links to chip-to-chip communication in AI servers, with additional operations in Singapore, Penang, Malaysia and Shenzhen, China.
Average Trading Volume: 9,034,250
Technical Sentiment Signal: Buy
Current Market Cap: $1.09B
Find detailed analytics on POET stock on TipRanks’ Stock Analysis page.