Innovative Eyewear, Inc. (LUCY)
NASDAQ: LUCY · Real-Time Price · USD
6.56
-0.16 (-2.38%)
Nov 22, 2024, 4:00 PM EST - Market closed
Innovative Eyewear Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Innovative Eyewear stock has a target of 20, which predicts an increase of 204.88% from the current stock price of 6.56.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 26, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for LUCY is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|
| Strong Buy | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Maxim Group | Maxim Group | Strong Buy Maintains $35 → $20 | Strong Buy | Maintains | $35 → $20 | +204.88% | Mar 26, 2024 |
| Maxim Group | Maxim Group | Strong Buy Initiates $35 | Strong Buy | Initiates | $35 | +433.54% | Sep 11, 2023 |
Financial Forecast
Revenue This Year
3.98M
from 1.15M
Increased by 245.17%
Revenue Next Year
14.28M
from 3.98M
Increased by 258.97%
EPS This Year
-7.96
from -12.67
EPS Next Year
-4.08
from -7.96
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 4.1M | 14.7M |
| Avg | 4.0M | 14.3M |
| Low | 3.8M | 13.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 255.3% | 269.5% |
| Avg | 245.2% | 259.0% |
| Low | 231.6% | 244.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -8.19 | -4.20 |
| Avg | -7.96 | -4.08 |
| Low | -7.64 | -3.92 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.