Key Highlights

  • POET shares have climbed approximately 40% across two trading sessions, with an additional 7% gain in pre-market activity before Wednesday’s open.
  • CFO Thomas Mika publicly acknowledged a purchase order associated with Marvell Technology, marking the first official disclosure of this partnership.
  • The Marvell purchase order stems from Celestial AI, acquired by Marvell this year; POET has maintained a supplier and co-development agreement with Celestial AI since 2022.
  • Additional purchase orders from Foxconn and Luxshare remain pending.
  • Shares reached a 52-week peak of $9.48, posting a 130.6% total return over twelve months and revenue growth of 2,495%.

POET Technologies has experienced remarkable momentum over recent trading sessions. Shares have climbed approximately 40% during this two-day period, with pre-market activity adding another 7% before Wednesday’s opening bell.


POET Stock Card
POET Technologies Inc., POET

The driving force? CFO Thomas Mika’s interview provided investors with tangible information they had been seeking.

Mika revealed that POET was anticipating responses on recent orders submitted to Foxconn and Luxshare, both current manufacturing partners.

The relationship with Marvell originated through Celestial AI, which became part of Marvell’s portfolio this year. POET established a supplier and co-development alliance with Celestial AI back in 2022, delivering critical optical components integral to Celestial AI’s photonic chip technology.

Marvell has recently captured significant market attention. News surrounding a substantial Google contract and a $2 billion investment alongside a partnership with Nvidia have elevated the company’s visibility — creating a halo effect benefiting POET.

Stock Performance and Revenue Growth

Prior to this recent rally, POET had already demonstrated solid momentum. Shares touched a 52-week high of $9.48, generating a total return of 130.6% over the trailing year.

Revenue jumped 2,495% during the past twelve months. The company’s current market capitalization stands at $1.31 billion.

POET remains in a loss position, however. The company recorded a loss of $0.68 per share, and InvestingPro analysis suggests the stock may be trading above its calculated fair value.

Skepticism and Shareholder Dilution Issues

Some market participants remain unconvinced. Wolfpack Research maintains a short position in POET and has labeled the company “an obvious stock promotion,” pointing to numerous strategic pivots throughout the last ten years.

POET completed a $150 million capital raise through a registered direct offering earlier this year, issuing 20,689,656 common shares to institutional buyers. This offering concluded approximately January 23, 2026, and represented dilution for current shareholders.

Regarding collaborative efforts, POET has formed a partnership with Lessengers to create a 1.6T 2×DR4 optical transceiver module designed for AI clusters and hyperscale data center infrastructure, alongside a collaboration with LITEON Technology focused on optical communication modules for AI networks and data center applications.

POET shares traded up 7% in pre-market hours Wednesday morning, positioning the stock for a third consecutive session of advances.