Vuzix Corporation (VUZI)

NASDAQ: VUZI · IEX Real-Time Price · USD
1.180
-0.030 (-2.48%)
At close: Jul 2, 2024, 4:00 PM
1.200
+0.020 (1.69%)
After-hours: Jul 2, 2024, 7:58 PM EDT
-2.48%
Market Cap 76.38M
Revenue (ttm) 9.94M
Net Income (ttm) -49.96M
Shares Out 64.73M
EPS (ttm) -0.78
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,108,591
Open 1.210
Previous Close 1.210
Day's Range 1.140 - 1.260
52-Week Range 1.100 - 6.060
Beta 1.83
Analysts Buy
Price Target 3.00 (+154.24%)
Earnings Date Aug 6, 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 viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines. It also provides certified ERP SaaS logistics solution to... [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 $3.0, which is an increase of 154.24% from the latest price.

Price Target
$3.0
(154.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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® ...

1 day 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...

12 days 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...

13 days 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...

14 days 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"), ...

19 days 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...

22 days 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, ...

4 weeks 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...

4 weeks 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
7 weeks 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/ ...

7 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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

ROCHESTER, N.Y. , May 2, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is...

2 months ago - PRNewsWire

Significant Productivity Improvements Achieved for Client Using Vuzix Smart Glasses

-    Nadro sees 30% improved picking time and 93% decline in onboarding and training time ROCHESTER, N.Y. , April 24, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"...

2 months ago - PRNewsWire

Global Retailer Expands Its Use of Vuzix Smart Glasses to Support Its Warehousing Operations

-     Expansion increases enterprise penetration for Vuzix as industry leader in tools for improved warehousing solutions ROCHESTER, N.Y. , April 23, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: V...

2 months ago - PRNewsWire

Vuzix Wholly Owned Subsidiary Moviynt Partners with NetLogistik to Offer Mobility Solutions for the Warehouse

ROCHESTER, N.Y. , April 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 Reports 4Q and Full Year 2023 Results

ROCHESTER, N.Y. , April 15, 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 Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results and Business Update

ROCHESTER, N.Y., April 9, 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

poLight ASA Confirms Design Win with Vuzix Shield Industrial AR Smart Glasses

HORTEN, Norway--(BUSINESS WIRE)-- #AugmentedReality--poLight ASA (OSE: PLT) confirms Vuzix Shield™ AR glasses, with TLens® in its front-facing autofocus cameras, are available to the general public.

3 months ago - Business Wire

Vuzix Commences Online Sales of Its MicroLED Binocular Waveguide Smart Safety Glasses

Expands Availability of Vuzix Shield for Enterprise Customers  ROCHESTER, N.Y. , April 8, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of sma...

3 months ago - PRNewsWire

Vuzix Receives New Additional Orders from Two Aerospace Defense Firms to Further Develop Their Waveguide-based Display Solutions

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

3 months ago - PRNewsWire

Vuzix Enters into Reseller Agreement with UK-based Purview Services and Ships Their Initial High 6-Figure Smart Glasses Order

ROCHESTER, N.Y. , April 2, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, ...

3 months ago - PRNewsWire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Vuzix Corporation (VUZI) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Vuzix Corporation...

3 months ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Vuzix Corporation (VUZI) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Vuzix Corporation (“Vuzix” or the “Company”) (NASDAQ: VUZI) on behalf of investors concerning the Company's...

3 months ago - Business Wire

Vuzix to Delay Filing of Its 10-K Annual Report and Postpone Related Investor Conference Call

ROCHESTER, N.Y. , March 27, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products,...

3 months ago - PRNewsWire

2024 State of the Industry Brief on Warehouse Picking Supports a Strong Future Demand for Augmented Workforce

69% of those surveyed see wearable augmented reality (AR) solutions supporting artificial intelligence (AI) and workflow optimization as being central to future warehouse operations The potential of A...

4 months ago - PRNewsWire