Innovative Eyewear, Inc. (LUCY)

Market Cap	3.07M
Revenue (ttm)	1.15M
Net Income (ttm)	-6.66M
Shares Out	12.92M
EPS (ttm)	-0.63
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	44,164
Open	0.253
Previous Close	0.260
Day's Range	0.236 - 0.257
52-Week Range	0.231 - 3.268
Beta	n/a
Analysts	Strong Buy
Price Target	1.00 (+321.05%)
Earnings Date	May 10, 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 to perform various smartphone tasks hands-free. It also offers Vyrb, a social media application that enables the user to receive and send posts through Lucyd Lyte smart glasses with voice. In addition, the company launches an application, Lucyd app for iOS/Android users. It sells its products through various e-commerce, and retai...

• 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

(321.05% upside)

Analyst Consensus: Strong Buy