POET Technologies, a small-cap photonics designer for data center interconnects, has received a fresh $50 million purchase order from Lumilens. Research firm 24/7 Wall St. has set a 12-month price target of $17.74 for POET, implying a 136.59% upside, with a medium-confidence "buy" recommendation. The company holds approximately $796 million in cash to fund its Malaysia production ramp, though it has missed estimates in four of its last five earnings reports.