Vuzix Corporation (VUZI)

NASDAQ: VUZI · Real-Time Price · USD
1.220
+0.050 (4.27%)
At close: Nov 1, 2024, 4:00 PM
1.244
+0.024 (1.93%)
After-hours: Nov 1, 2024, 7:36 PM EDT
4.27%
Market Cap 89.81M
Revenue (ttm) 6.34M
Net Income (ttm) -81.52M
Shares Out 73.62M
EPS (ttm) -1.26
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 327,673
Open 1.160
Previous Close 1.170
Day's Range 1.160 - 1.230
52-Week Range 0.830 - 3.650
Beta 1.51
Analysts Buy
Price Target 2.00 (+63.93%)
Earnings Date Nov 11, 2024

About VUZI

Vuzix Corporation designs, manufactures, and markets smart glasses and augmented reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. The company's products include head-mounted smart personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines. It holds approximately 375 patents and paten... [Read more]

Sector Technology
Founded 1997
Employees 94
Stock Exchange NASDAQ
Ticker Symbol VUZI
Full Company Profile

Financial Performance

In 2023, Vuzix's revenue was $12.13 million, an increase of 2.48% compared to the previous year's $11.84 million. Losses were -$50.15 million, 23.0% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for VUZI stock is "Buy." The 12-month stock price forecast is $2.0, which is an increase of 63.93% from the latest price.

Price Target
$2.0
(63.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Vuzix to Discuss Its Industry-Leading Waveguide and AI/AR Smart Glasses Solutions at the ThinkEquity Conference 2024

ROCHESTER, N.Y. , Oct. 28, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI/AR smart glasses, technologies and optical components, is pleas...

5 days ago - PRNewsWire

Vuzix Announces Android 13 Upgrade and Support for Its Industry-Leading M400 Enterprise Smart Glasses

ROCHESTER, N.Y. , Oct. 14, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, ...

19 days ago - PRNewsWire

Vuzix Shareholder Letter Highlights Key Developments that Position the Company for Significant Market Success

- Partnership and strategic $20 million investment by Quanta Computer with the first $10 million received; focused on manufacturing waveguides at scale and developing AI smart glasses for the broad ma...

4 weeks ago - PRNewsWire

Vuzix Targets Additional OEM Business Opportunities on the Heels of Its Recently Announced Strategic Partnership and Investment

ROCHESTER, N.Y. , Sept. 26, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), a leading supplier of smart glasses and Augmented Reality (AR) technology, today announced an expanded focus on OEM ...

5 weeks ago - PRNewsWire

Vuzix Receives $10 Million First Tranche Investment from Quanta Computer

Quanta investment part of a total $20 million strategic investment agreement to support the expansion of Vuzix' leading-edge waveguide production capabilities and joint development of new AR/AI smart ...

6 weeks ago - PRNewsWire

Quanta Computer Enters into a Strategic Investment in Vuzix in Support of Long-Term Waveguide Design and Supply Partnership

Vuzix to receive a $20 million dollar investment in 3 tranches from Quanta Computer, one of the world's largest ODMs Quanta investment to support the expansion of Vuzix' leading-edge waveguide product...

2 months ago - PRNewsWire

GPS TUNER Selects Vuzix (NASDAQ:VUZI) Z100 Smart Glasses to Bundle as a Heads-Up Display for Their eBike Software Offerings

ROCHESTER, N.Y. , Aug. 16, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, ...

2 months ago - PRNewsWire

Vuzix Corporation (VUZI) Q2 2024 Earnings Call Transcript

Vuzix Corporation (NASDAQ:VUZI) Q2 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Ed McGregor - Director, Investor Relations Paul Travers - Chief Executive Officer Gran...

2 months ago - Seeking Alpha

Vuzix Reports Second Quarter 2024 Results

ROCHESTER, N.Y. , Aug. 14, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products, ...

2 months ago - PRNewsWire

Vuzix (NASDAQ: VUZI) Employs New Micro-touch Imprinting Process to Increase Optical Waveguide Performance and Production Throughput

New manufacturing process enables higher yields, increased optical performance and the use of high index polymer or glass substrates ROCHESTER, N.Y. , Aug. 13, 2024 /PRNewswire/ -- Vuzix® Corporation ...

2 months ago - PRNewsWire

Vuzix (NASDAQ: VUZI) Introduces M400 Xtreme Smart Glasses for Use in a Variety of Harsh Workplace Environments

New solution features operating temperatures down to -20°C and comes with 1-year access to the most popular collaboration tools for remote workers ROCHESTER, N.Y. , Aug. 12, 2024 /PRNewswire/ -- Vuzix...

2 months ago - PRNewsWire

Vuzix Schedules Conference Call to Discuss Second Quarter 2024 Financial Results and Business Update

ROCHESTER, N.Y. , Aug. 1, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, i...

3 months ago - PRNewsWire

Vuzix (NASDAQ: VUZI) Wholly Owned Subsidiary Moviynt Receives New Key SAP Certification

Bridging the gap between mobile devices and ERP systems to empower the rapid development of new workflows that eliminate inefficiencies Installed base of over 20,000 companies worldwide ROCHESTER, N.Y...

3 months ago - PRNewsWire

Leading Asian Hospitals Use Vuzix (NASDAQ:VUZI) Smart Glasses to Enable Next Generation Surgical Instruction

Linkou Chang Gung Memorial Hospital and First Affiliated Hospital of Dalian Medical University use Vuzix M400 smart glasses during live surgeries ROCHESTER, N.Y. , July 1, 2024 /PRNewswire/ -- Vuzix® ...

4 months ago - PRNewsWire

Vuzix (NASDAQ:VUZI) and Avegant Announce Strategic Partnership to Develop Full Color Optical Reference Design for AI-Enabled Consumer Smart Glasses

Prototype units unveiled at this week's Augmented World Expo USA 2024 ROCHESTER, N.Y. , June 20, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier...

4 months ago - PRNewsWire

Vuzix (NASDAQ:VUZI) and Avegant Announce Strategic Partnership to Develop Optimized Optical Modules for AI-Enabled Smart Glasses

-    Prototype units to be unveiled at this week's Augmented World Expo USA 2024 ROCHESTER, N.Y. , June 19, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leadi...

4 months ago - PRNewsWire

Vuzix (NASDAQ: VUZI) Announces Its Intention to Offer High Durability Plastic Waveguide Design and Production Capabilities

-  Pre-production plastic waveguides will be on display at this week's Augmented World Expo USA 2024 ROCHESTER, N.Y. , June 18, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the...

4 months ago - PRNewsWire

Vuzix (NASDAQ:VUZI) Revolutionizes the Display Technology Industry with Introduction of Large Format Waveguide Design and Manufacturing

Waveguide form factors can range from several inches diagonally to several feet or more ROCHESTER, N.Y. , June 13, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), ...

5 months ago - PRNewsWire

Vuzix (NASDAQ: VUZI) Continues to Receive Smart Glasses Reorders from Xander to Meet Rising Demand for Their Award-Winning Captioning Glasses for the Hard of Hearing

- 48 million people in the US struggle with hearing loss ROCHESTER, N.Y. , June 10, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart gla...

5 months ago - PRNewsWire

Vuzix Annual Shareholder Meeting to Be Held on June 13, 2024

ROCHESTER, N.Y. , June 4, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, ...

5 months ago - PRNewsWire

U.S. Air Force Agency Awards Vuzix (NASDAQ:VUZI) Development Contract for Augmented Reality Head Mounted Displays

Development of augmented reality head mounted displays using Vuzix waveguide technologies to address pressing challenges ROCHESTER, N.Y. , June 3, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI...

5 months ago - PRNewsWire

Garmin Collaborates with Vuzix to Develop Next Generation Nano-Imprinted Waveguide with microLED based Display Systems

ROCHESTER, N.Y. , May 14, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, i...

Other symbols: GRMN
6 months ago - PRNewsWire

Vuzix to Bring New Low Cost, Full Color Waveguides to Display Week 2024

-  Vuzix will offer select clients a private look at its next generation optics system technologies designed specifically for fashion forward smart glasses ROCHESTER, N.Y. , May 10, 2024 /PRNewswire/ ...

6 months ago - PRNewsWire

Vuzix Corporation (VUZI) Q1 2024 Earnings Call Transcript

Vuzix Corporation (NASDAQ:VUZI) Q1 2024 Results Conference Call May 9, 2024 4:30 PM ET Company Participants Ed McGregor - Director, IR Paul Travers - CEO Grant Russell - CFO Conference Call Participa...

6 months ago - Seeking Alpha

Vuzix Reports First Quarter 2024 Results

ROCHESTER, N.Y. , May 9, 2024 /PRNewswire/ --- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technologies and products, t...

6 months ago - PRNewsWire