Vuzix Corporation (VUZI)

NASDAQ: VUZI · IEX Real-Time Price · USD
1.470
+0.050 (3.52%)
May 20, 2024, 10:31 AM EDT - Market open
3.52%
Market Cap 93.21M
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 197,961
Open 1.420
Previous Close 1.420
Day's Range 1.400 - 1.475
52-Week Range 1.100 - 6.060
Beta 1.86
Analysts Buy
Price Target 3.00 (+106.19%)
Earnings Date May 9, 2024

About VUZI

Vuzix Corporation, together with its subsidiaries, designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices in North America, Europe, the Asia-Pacific, and internationally. It provides monocular smart glasses for enterprise, industrial, commercial, defense and security, and medical markets; Vuzix Z100, Vuzix Blade, and Vuzix Shield smart glasses; original equipment manufacturer waveguide optics and display engines; and Mobilium logistics mobility software, which removes traditional middleware, and ... [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 106.19% from the latest price.

Price Target
$3.0
(106.19% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 days 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/ ...

10 days 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...

10 days 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...

17 days 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"...

26 days 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...

26 days 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,...

4 weeks 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,...

4 weeks 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...

5 weeks 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.

6 weeks 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...

6 weeks 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...

6 weeks 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, ...

6 weeks 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...

6 weeks 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...

7 weeks 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,...

7 weeks 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...

2 months 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, ...

2 months 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), ("...

3 months 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...

3 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, ...

3 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...

3 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, ...

4 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...

4 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...

5 months ago - PRNewsWire