Innovative Eyewear, Inc. (LUCY)
NASDAQ: LUCY · Real-Time Price · USD
5.10
-0.54 (-9.59%)
Dec 27, 2024, 10:38 AM EST - Market open
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 292.23% from the current stock price of 5.10.
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 | Oct '24 | Nov '24 | Dec '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 | +292.23% | Mar 26, 2024 |
| Maxim Group | Maxim Group | Strong Buy Initiates $35 | Strong Buy | Initiates | $35 | +586.41% | Sep 11, 2023 |
Financial Forecast
Revenue This Year
1.94M
from 1.15M
Increased by 68.16%
Revenue Next Year
14.28M
from 1.94M
Increased by 636.84%
EPS This Year
-7.96
from -12.67
EPS Next Year
-4.08
from -7.96
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 2.0M | 14.7M |
| Avg | 1.9M | 14.3M |
| Low | 1.9M | 13.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 73.1% | 658.5% |
| Avg | 68.2% | 636.8% |
| Low | 61.6% | 607.9% |
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.