POET rises after Q2 revenue growth, new order, and AI photonics updates

POET Technologies (POET) is up 3.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst is POET’s second-quarter 2026 update, which showed another quarter of sequential revenue growth, a narrower loss, and a very large cash balance after its spring financing. Investors also appear to be reacting to new commercial milestones, including a fresh purchase order, a new external light source development deal, and management’s statement that production remains on track for the second half of 2026.

Details:

Second-quarter revenue rose 13% from the prior quarter and 112% from a year earlier, which management described as the sixth straight quarter of sequential growth.

Net loss improved to $11.3 million, or $0.07 per share, while cash and short-term investments ended the quarter at about $796.3 million.

After quarter-end, the company disclosed a new $2.4 million purchase order from an existing customer and an agreement with a Tier 1 laser company to develop an external light source engine.

The company reiterated that its optical engine production ramp is still scheduled for the second half of 2026, following earlier disclosures tied to a commercial framework that included an initial $50 million order and a larger multiyear opportunity.

Sources:

POET Technologies, GlobeNewswire, SEC

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$POET Hedge Fund Activity

We have seen 100 institutional investors add shares of $POET stock to their portfolio, and 61 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CLOUDALPHA CAPITAL MANAGEMENT LIMITED/HONG KONG added 3,860,024 shares (+inf%) to their portfolio in Q2 2026, for an estimated $39,681,046
IMC-CHICAGO, LLC added 2,610,705 shares (+2758.4%) to their portfolio in Q2 2026, for an estimated $26,838,047
CITADEL ADVISORS LLC added 1,851,618 shares (+273.0%) to their portfolio in Q1 2026, for an estimated $10,998,610
ELEQUIN CAPITAL, LP added 1,642,105 shares (+inf%) to their portfolio in Q2 2026, for an estimated $16,880,839
NATIONAL BANK OF CANADA /FI/ added 1,197,715 shares (+401.5%) to their portfolio in Q2 2026, for an estimated $12,312,510
GROUP ONE TRADING LLC added 1,196,057 shares (+inf%) to their portfolio in Q1 2026, for an estimated $7,104,578
CLEAR STREET GROUP INC. added 982,265 shares (+inf%) to their portfolio in Q2 2026, for an estimated $10,097,684

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.