Poet Technologies (POET, Financial) has witnessed a significant increase in bullish options activity, with 29,282 call options traded—nine times the usual volume. This surge has driven implied volatility up by over 26 points, reaching 88.79%. The most active options are the Jan-26 and Jan-27 $10 calls, with nearly 8,600 contracts exchanged in these two strikes alone. Currently, the Put/Call Ratio stands at a low 0.11, indicating a strong bullish sentiment among traders. Investors are also anticipating the company's earnings report, expected on August 14th.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for POET Technologies Inc (POET, Financial) is $6.63 with a high estimate of $7.40 and a low estimate of $5.50. The average target implies an downside of 5.31% from the current price of $7.01. More detailed estimate data can be found on the POET Technologies Inc (POET) Forecast page.
Based on the consensus recommendation from 1 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 $0.73, suggesting a downside of 89.58% from the current price of $7.0053. 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.
