Vuzix Corporation (VUZI)

NASDAQ: VUZI · IEX Real-Time Price · USD
1.330
+0.080 (6.40%)
At close: Mar 27, 2024, 4:00 PM
1.260
-0.070 (-5.26%)
Pre-market: Mar 28, 2024, 8:27 AM EDT
6.40%
Market Cap 86.08M
Revenue (ttm) 13.96M
Net Income (ttm) -41.03M
Shares Out 64.73M
EPS (ttm) -0.64
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 645,859
Open 1.270
Previous Close 1.250
Day's Range 1.250 - 1.340
52-Week Range 1.230 - 6.060
Beta 1.90
Analysts Buy
Price Target 3.50 (+163.16%)
Earnings Date Mar 28, 2024

About VUZI

Vuzix Corporation, together with its subsidiaries, designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets in North America, Europe, the Asia-Pacific, and internationally. It provides M400, and M4000 series of smart glasses for enterprise, industrial, commercial, and medical markets; Vuzix Blade smart glasses; waveguide optics and related coupling optics; Vuzix Shield smart glasses; Vuzix Ultralite smart glasses; and Mobilium logistics mobility software, which r... [Read more]

Sector Technology
Founded 1997
Employees 109
Stock Exchange NASDAQ
Ticker Symbol VUZI
Full Company Profile

Financial Performance

In 2022, Vuzix's revenue was $11.84 million, a decrease of -10.10% compared to the previous year's $13.16 million. Losses were -$40.76 million, 0.96% more than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for VUZI stock is "Buy." The 12-month stock price forecast is $3.5, which is an increase of 163.16% from the latest price.

Price Target
$3.5
(163.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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,...

15 hours ago - PRNewsWire

Vuzix Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 Financial Results and Business Update

ROCHESTER, N.Y. , March 11, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products,...

16 days 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...

20 days ago - PRNewsWire

Vuzix Wholly Owned Subsidiary Moviynt to Showcase Breakthrough AI and Machine Learning Powered AR Smart Glasses Technology at Modex 2024

ROCHESTER, N.Y. , March 6, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, ...

21 days ago - PRNewsWire

Vuzix To Showcase Cutting-Edge AR Smart Glasses Technology at Mobile World Congress Barcelona 2024

- Nulitics and Wideum will join Vuzix at MWC24 to demonstrate object recognition and AI-enabled software solutions ROCHESTER, N.Y. , Feb. 23, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("...

4 weeks ago - PRNewsWire

Vuzix Expands Its Market Leadership in Optical Waveguides with the Addition of Integrated Vision Correction Prescriptions

-         Vuzix CEO Paul Travers to Present at SPIE Photonics West today ROCHESTER, N.Y. , Jan. 30, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading suppl...

2 months ago - PRNewsWire

Vuzix Announces That NTT QONOQ Now Supports the Use of Its NTT XR Real Support Solution on Vuzix M400 Smart Glasses

ROCHESTER, N.Y. , Jan. 29, 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 Establishes Ophthalmic Advisory Board to Better Serve Human Vision Correction Needs with AR Glasses

Ophthalmologist Doctor Shabbir Khambati appointed as a founding board member ROCHESTER, N.Y. , Jan. 29, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading s...

2 months ago - PRNewsWire

Vuzix Announces Significant Cost Cutting Aligned with Tighter Focus on Select Smart Glasses and OEM AR Technologies

ROCHESTER, N.Y. , Jan. 17, 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 Introduces Z100 Smart Glasses to Seamlessly Connect Workers with AI Optimization Tools

Sleek, safety glasses certified, smart glasses provide an attractive, all-day wearable interface between AI enhancement applications and human workers ROCHESTER, N.Y. , Jan. 9, 2024 /PRNewswire/ -- Vu...

2 months ago - PRNewsWire

Vuzix Completes Delivery to a Leading Defense Firm

ROCHESTER, N.Y. , Dec. 6, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, a...

4 months ago - PRNewsWire

Vuzix Unveils Sports & Fitness Configuration of Ultralite Smart Glasses Platform with New Award Winning Ultralite S

-   Vuzix Ultralite S smart glasses win two CES 2024 Innovation Awards -   Sleek design represents an ideal form factor for the sports and fitness AR smart glasses markets ROCHESTER, N.Y. , Nov. 16, 2...

4 months ago - PRNewsWire

Vuzix Enters into a Partnership Agreement with Quanta Computer

-   Quanta to utilize Vuzix' advanced waveguides and display engines to manufacture next generation lightweight smart glasses ROCHESTER, N.Y. , Nov. 15, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ...

4 months ago - PRNewsWire

Vuzix Reports Third Quarter 2023 Results

-   Ends quarter with $3.2 million backlog of current OEM projects yet to be completed ROCHESTER, N.Y. , Nov. 9, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a le...

4 months ago - PRNewsWire

Vuzix Advances its Leadership Position in Waveguide Performance with New Vuzix INCOGNITO Technology

ROCHESTER, N.Y. , Nov. 6, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, t...

5 months ago - PRNewsWire

Vuzix Issues a Retraction of its November 2, 2023 Press Release

ROCHESTER, N.Y. , Nov. 3, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, t...

5 months ago - PRNewsWire

Vuzix Completes Delivery to Tier-1 Aerospace and Defense Firm

ROCHESTER, N.Y. , Nov. 3, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, a...

5 months ago - PRNewsWire

Vuzix Announces Partnership with EDAP TMS to Supply Smart Glasses for its Focal One® Robotic High Intensity Focused Ultrasound Platform

ROCHESTER, N.Y. , Nov. 2, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, t...

5 months ago - PRNewsWire

Vuzix Schedules Conference Call to Discuss Third Quarter 2023 Financial Results and Business Update

ROCHESTER, N.Y. , Oct. 26, 2023 /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

Vuzix to Showcase 5G AR Solutions for Connected Workers on Verizon's 5G Network at AES 2023

ROCHESTER, N.Y. , Oct. 23, 2023 /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

Vuzix Continues to Receive Follow-on and New Design Orders from Multiple Tier-1 Aerospace and Defense Firms

ROCHESTER, N.Y. , Oct. 16, 2023 /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

Vuzix New State-of-the-Art Manufacturing Plant for Optical Waveguides Opens

-  Begins initial production of waveguides for in-house and OEM programs ROCHESTER, N.Y. , Sept. 26, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supp...

6 months ago - PRNewsWire

Zoom X Running on Vuzix Smart Glasses Highlights 5G Solutions at Deutsche Telekom's Digital X 2023 Exhibition

ROCHESTER, N.Y. , Sept. 20, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products,...

6 months ago - PRNewsWire

Vuzix Signs Distribution Agreement with PDC and Receives Initial Volume Smart Glasses Order

ROCHESTER, N.Y. , Sept. 6, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, ...

7 months ago - PRNewsWire

Vuzix Reports Q2-2023 Operating Results Driven by Record Smart Glasses Sales

- Total Q2 2023 revenue rose 56% year-over-year and 12% quarter-over-quarter ROCHESTER, N.Y. , Aug. 8, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a leading supp...

8 months ago - PRNewsWire