Editing Openai/69109937-2170-8005-9304-da49840bb5b9 (section)

===== Rough 3–5 year price range: 20–40 USD (and beyond if everything really clicks) =====

This is the full-throttle bull story people dream about:
* POET firmly becomes the “default” optical-engine supplier for a non-trivial slice of AI data-centre and CPO markets: - Multiple hyperscalers adopt products via Luxshare / Foxconn / others. - Celestial-style AI fabrics ship in numbers, with POET’s light engines baked into their solutions. - Sivers+POET ELS for CPO actually takes off around end-2026 as planned. PR Newswire<ref>{{cite web|title=PR Newswire|url=https://www.prnewswire.com/news-releases/sivers-semiconductors-partners-with-poet-technologies-to-deliver-innovative-light-engines-and-strengthen-serviceable-market-offerings-in-next-gen-ai-infrastructure-302606753.html|publisher=PR Newswire|access-date=2025-11-10}}</ref>
* Revenue runs into the hundreds of millions - Think 200–400 M USD+ annual sales within 5 years, with attractive gross margins if passive alignment really delivers cost advantage at scale.
* Valuation: still high, but justified by growth - At that point you’re not a tiny speculative any more; you’re a meaningful photonics player in a structural growth market. - A tech market might easily give 5–10× sales to a company growing 30–40 %+ per year, which would be 1–4 B USD market cap.

Rough translation into per-share price:
* 1 B market cap → about 2× today → low teens.
* 2–3 B → roughly 20–30 USD.
* 4 B+ with continued hype → 30–40 USD+.

Is this impossible? No. Is it already partly in the price? Also yes. The market knows AI optical connectivity is hot; the current ~0.5–0.7 B cap reflects that. Yahoo Finanzen<ref>{{cite web|title=Yahoo Finanzen|url=https://finance.yahoo.com/news/poet-technologies-stock-buy-110000055.html|publisher=Yahoo Finanzen|access-date=2025-11-10}}</ref>