For those of you who do not have a Seeking Alpha subscription, the link posted yesterday by Metal includes the following summary (I'm happy to copy the entire article if requested, but I didn't want to create a small book here):

"I am initiating coverage of POET as a ‘Buy’. I have a (conservative) price target of $9.20, which is above the current $5.40, based on strong EPS growth and a profitable P/E of 40x (excluding the ‘irrational exuberance’ of the territory). For those new to investing or somewhat fearful about such a speculative play, I want to reiterate that this is highly speculative and should never comprise more than 1-5% of your long-term (ideally growth and income) portfolio. This is ‘play money,’ in my opinion. The reward potential of POET’s tech IP, its growth strategy and corporate partnerships, and its new market entry and expansion in AI and cloud computing warrant the high risk. With that said, I believe the long-term growth trend suggests this is a good time to buy."

Though the author focuses too heavily on financials (which makes no sense, given that POET is a pre-revenue company), in the end his assessment is that POET is undervalued.  I wish these authors would take the time to understand the significance of the partnerships, but I assume that will become clear as each partnership becomes a valuable channel for reaching new market opportunities (revenue).