Innovative Eyewear, Inc. (LUCY)

Market Cap	3.34M
Revenue (ttm)	1.39M
Net Income (ttm)	-7.20M
Shares Out	17.48M
EPS (ttm)	-0.61
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,157,102
Open	0.220
Previous Close	0.200
Day's Range	0.185 - 0.220
52-Week Range	0.168 - 2.770
Beta	n/a
Analysts	Strong Buy
Price Target	1.00 (+405.05%)
Earnings Date	May 14, 2024

About LUCY

Innovative Eyewear, Inc. develops and sells smart eyeglasses and sunglasses. The company's flagship product is Lucyd Lyte glasses that enable the wearer to listen to music, take and make calls, and use voice assistants and ChatGPT to perform various smartphone tasks hands-free. It also offers smart eyewear under the Lyte XL brand; and Nautica Powered by Lucyd smart eyewear collection and various branded accessories, including a power brick, cleaning cloth, and a slipcase adorned. In addition, the company provides Vyrb, a social media applicatio...

• Industry: Medical Instruments & Supplies
• Sector: Healthcare
• IPO Date: Aug 15, 2022
• Employees: 9
• Stock Exchange: NASDAQ
• Ticker Symbol: LUCY

Financial Performance

In 2023, LUCY's revenue was $1.15 million, an increase of 74.67% compared to the previous year's $659,788. Losses were -$6.66 million, 17.3% more than in 2022.

Analyst Forecast

According to one analyst, the rating for LUCY stock is "Strong Buy" and the 12-month stock price forecast is $1.0.

Price Target

$1.0

(405.05% upside)

Analyst Consensus: Strong Buy