POET Stock Rally Not Over Yet? Retail Traders Turn Ecstatic After CFO Signals Big Order Roadmap

• In an interview with Stocktwits, POET confirmed for the first time its business relationship with Marvell Technology.
• POET stock rallied 7% in overnight trading heading into Wednesday.
• Stocktwits sentiment jumped to ‘extremely bullish’ from ‘bullish.’ 

POET Technologies shares rallied nearly 7% in the overnight session heading into Wednesday, on track to extend gains into a third straight session, after the company disclosed a strong order roadmap for its photonics components used in data centers.

Speaking exclusively to Stocktwits’ Michele Steele, Chief Financial Officer Thomas Mika said POET had received a purchase order linked to Marvell Technology and was waiting to “hear back” on newer ones from manufacturing giants and existing customers Foxconn and Luxshare.

It marks the first time POET has acknowledged a business relationship with Marvell, which has been in focus recently amid reports of a major Google deal and a $2 billion investment and partnership with Nvidia. The Marvell-linked order is tied to Celestial AI, which Marvell acquired earlier this year.

POET and Celestial AI have a supplier and co-development partnership since 2022, where POET provides key optical components that power Celestial AI’s photonic chip platform.

POET stock has been drawing growing interest amid the rapid data-center buildout and speculation that Nvidia and other chip majors may tap its photonics technology. Amid renewed hype, shares have rallied about 40% in the last two days.

POET CFO Interview Sparks Buzz, Lifts Retail Sentiment

On Stocktwits, the retail sentiment for POET shifted to ‘extremely bullish’ as of early Wednesday, from ‘bullish’ the previous day, after Stocktwits published Mika’s interview. Message volume for the ticker surged nearly 50% in the past 24 hours. Read the highlights here and here, or watch the full interview here. 

The interview sparked a buzz among retail traders and observers on Stocktwits and X, with sentiment turning more optimistic after the company spoke about improving order visibility.

“Let’s not underestimate the fact that the CFO (who is normally too conservative) basically gave us first time forward looking guidance on a larger order(s) this year that people likely “won’t be disappointed in,” a trader said.  

In the interview, Mika highlighted that the $5 million purchase order for Optical Engines, the company disclosed last October, “helps us with betting down our manufacturing effort.” He said orders this year would be “far in excess of that five million.”

Another Stocktwits user said the interview included “some serious signals and the market hasn’t fully priced it yet.” They said, “POs are already coming in, and management is openly guiding for acceleration,” arguing that the POET can’t readily name customers due to non-disclosure agreements, although it appears to have entered the Nvidia hardware ecosystem through its Marvell partnership.

“This is really important update $POET,” Gaetano, a self-claimed photonics investor and author of a Substack newsletter on the subject, said on X, adding that POET’s admission of a tie-up with Marvell confirmed a widely held industry view.

POET shares are up 62% year to date.

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