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NASDAQ:LUCY

Innovative Eyewear (LUCY) Stock Price, News & Analysis

$5.24
+0.03 (+0.58%)
(As of 07/26/2024 ET)
Today's Range
$5.17
$5.40
50-Day Range
$3.72
$19.66
52-Week Range
$3.36
$27.20
Volume
54,984 shs
Average Volume
1.22 million shs
Market Capitalization
$4.61 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.00

Innovative Eyewear MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
281.7% Upside
$20.00 Price Target
Short Interest
Healthy
3.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.45mentions of Innovative Eyewear in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.85 out of 5 stars

LUCY stock logo

About Innovative Eyewear Stock (NASDAQ:LUCY)

Innovative Eyewear, Inc. develops and sells smart eyeglasses and sunglasses. The company's flagship product is Lucyd Lyte glasses that enable the wearer to listen to music, take and make calls, and use voice assistants to perform various smartphone tasks hands-free. It also offers Vyrb, a social media application that enables the user to receive and send posts through Lucyd Lyte smart glasses with voice. In addition, the company launches an application, Lucyd app for iOS/Android users. It sells its products through various e-commerce, and retail store and distribution channels. Innovative Eyewear, Inc. has a license agreement with Lucyd Ltd. The company was incorporated in 2019 and is headquartered in North Miami, Florida. Innovative Eyewear, Inc. is a subsidiary of Lucyd Ltd.

LUCY Stock Price History

LUCY Stock News Headlines

Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
7/26/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Ophthalmic goods
Sub-Industry
Medical Equipment
Current Symbol
NASDAQ:LUCY
Fax
N/A
Employees
9
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.00
High Stock Price Target
$20.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+281.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-6,660,000.00
Net Margins
-517.55%
Pretax Margin
-517.48%

Debt

Sales & Book Value

Annual Sales
$1.15 million
Book Value
$8.61 per share

Miscellaneous

Free Float
21,969,000
Market Cap
$4.61 million
Optionable
Not Optionable
Beta
2.67
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Key Executives

  • Mr. Harrison Reed Gross (Age 31)
    Co-Founder, CEO & Director
    Comp: $159.65k
  • Mr. Konrad Dabrowski (Age 41)
    Co-Founder & CFO
    Comp: $105.44k
  • Mr. David Eric Cohen (Age 51)
    Co-Founder & CTO
    Comp: $147.54k
  • Mr. Jaoquin Abondano (Age 40)
    Chief Operating Officer
  • Mr. Ekene Ofodile
    Senior VP Sales & Marketing

LUCY Stock Analysis - Frequently Asked Questions

How have LUCY shares performed this year?

Innovative Eyewear's stock was trading at $8.4380 at the start of the year. Since then, LUCY stock has decreased by 37.9% and is now trading at $5.24.
View the best growth stocks for 2024 here
.

How were Innovative Eyewear's earnings last quarter?

Innovative Eyewear, Inc. (NASDAQ:LUCY) posted its earnings results on Tuesday, May, 14th. The company reported ($3.00) earnings per share (EPS) for the quarter. The business had revenue of $0.38 million for the quarter. Innovative Eyewear had a negative net margin of 517.55% and a negative trailing twelve-month return on equity of 110.60%.

When did Innovative Eyewear's stock split?

Innovative Eyewear shares reverse split on the morning of Thursday, July 18th 2024. The 1-20 reverse split was announced on Thursday, July 18th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, July 18th 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

When did Innovative Eyewear IPO?

Innovative Eyewear (LUCY) raised $8 million in an initial public offering (IPO) on the week of August 15th 2022. The company issued 900,000 shares at $7.50-$9.50 per share. Maxim Group served as the underwriter for the IPO.

How do I buy shares of Innovative Eyewear?

Shares of LUCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LUCY) was last updated on 7/27/2024 by MarketBeat.com Staff

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