NASDAQ:VUZI Vuzix (VUZI) Stock Forecast, Price & News $4.97 -0.05 (-1.00%) (As of 12:39 PM ET) Add Compare Share Share Today's Range$4.95▼$5.3450-Day Range$3.60▼$5.1652-Week Range$3.27▼$10.49Volume1.10 million shsAverage Volume860,136 shsMarket Capitalization$314.20 millionP/E RatioN/ADividend YieldN/APrice Target$7.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Vuzix MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside36.7% Upside$7.00 Price TargetShort InterestBearish25.91% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.04Based on 6 Articles This WeekInsider TradingAcquiring Shares$29,362 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.60) to ($0.51) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.46 out of 5 starsComputer And Technology Sector1109th out of 1,226 stocksRadio & T.V. Communications Equipment Industry47th out of 48 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $7.00, Vuzix has a forecasted upside of 36.7% from its current price of $5.12.Amount of Analyst CoverageVuzix has received no research coverage in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted25.91% of the float of Vuzix has been sold short.Short Interest Ratio / Days to CoverVuzix has a short interest ratio ("days to cover") of 22.3, which indicates bearish sentiment.Change versus previous monthShort interest in Vuzix has recently increased by 1.00%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldVuzix does not currently pay a dividend.Dividend GrowthVuzix does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VUZI. Previous Next 3.4 News and Social Media Coverage News SentimentVuzix has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Vuzix this week, compared to 3 articles on an average week.Search Interest15 people have searched for VUZI on MarketBeat in the last 30 days. This is an increase of 88% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Vuzix to their MarketBeat watchlist in the last 30 days. This is a decrease of -88% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Vuzix insiders have bought more of their company's stock than they have sold. Specifically, they have bought $29,362.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 7.60% of the stock of Vuzix is held by insiders.Percentage Held by Institutions41.79% of the stock of Vuzix is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Vuzix are expected to grow in the coming year, from ($0.60) to ($0.51) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Vuzix is -8.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Vuzix is -8.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioVuzix has a P/B Ratio of 2.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Vuzix (NASDAQ:VUZI) StockVuzix Corp. is a supplier of Smart-Glasses and Augmented Reality technologies and products for the consumer and enterprise markets. Its products include personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays and augmented reality. The firm also holds 246 patents and patents pending and numerous IP licenses in the Video Eyewear field. It has offices in Rochester, NY, Oxford, UK, and Tokyo, Japan. The company was founded by Paul J. Travers in 1997 and is headquartered in West Henrietta, NY.Read More Receive VUZI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Vuzix and its competitors with MarketBeat's FREE daily newsletter. Email Address VUZI Stock News HeadlinesMay 31, 2023 | technews.tmcnet.comVuzix Partners with TeamOpenSmartGlasses to Develop ChatGPT AI Applications for Vuzix Smart GlassesMay 30, 2023 | benzinga.comVuzix shares are trading higher after the company and Materialise announced a collaboration to bring smart eyewear to customers.June 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 30, 2023 | markets.businessinsider.comVuzix Shares Surge On Collaboration With MaterialiseMay 30, 2023 | finance.yahoo.comMaterialise and Vuzix Announce Collaboration to Bring Smart Eyewear to CustomersMay 25, 2023 | finance.yahoo.comVuzix to Participate in Augmented World Expo USA 2023May 22, 2023 | finance.yahoo.comVuzix Receives OEM Purchase Orders for Engineering Services and Product Solutions from Two Defense CustomersMay 17, 2023 | marketwatch.com2023 AR Sports Glasses Market Size and Insight Report in Consumer Goods Sector | with [108 Pages] and Forecast till 2031June 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 16, 2023 | markets.businessinsider.comVuzix (VUZI) Receives a Hold from Maxim GroupMay 12, 2023 | finanznachrichten.deVuzix Corporation: Vuzix Reports Record Smart Glasses Sales in Q1 2023May 11, 2023 | marketwatch.com2023-2029 "Virtual Reality Market" volume sale, Trends and Market Overview | Report Reviewed by ExpertsMay 11, 2023 | msn.comVuzix: Q1 Earnings InsightsMay 11, 2023 | msn.comUnusual Call Option Trade in Vuzix (VUZI) Worth $47.50KMay 11, 2023 | markets.businessinsider.comVuzix (VUZI) Receives a Buy from BTIGMay 11, 2023 | finance.yahoo.comQ1 2023 Vuzix Corp Earnings CallMay 11, 2023 | finance.yahoo.comVuzix (VUZI) Q1 2023 Earnings Call TranscriptMay 10, 2023 | seekingalpha.comVuzix reports mixed Q1 earnings; reaffirms FY23 outlookMay 10, 2023 | apnews.comVuzix: Q1 Earnings SnapshotMay 10, 2023 | finance.yahoo.comVuzix Reports Record Smart Glasses Sales in Q1 2023May 10, 2023 | finanznachrichten.deVuzix Corporation Looks Well Positioned To Capitalize On The Rise Of Augmented RealityMay 10, 2023 | markets.businessinsider.comHere's what Wall Street expects from Vuzix's earningsMay 9, 2023 | finance.yahoo.comVuzix Corporation (NASDAQ:VUZI) Looks Well Positioned To Capitalize On The Rise Of Augmented RealityMay 8, 2023 | americanbankingnews.comVuzix (VUZI) Set to Announce Quarterly Earnings on WednesdayMay 1, 2023 | finance.yahoo.comVuzix Schedules Conference Call to Discuss First Quarter 2023 Financial Results and Business UpdateApril 30, 2023 | americanbankingnews.comVuzix (NASDAQ:VUZI) Stock Price Passes Below 200-Day Moving Average of $4.40April 28, 2023 | finance.yahoo.comVuzix Receives Follow-On Volume Smart Glasses Order from Xpertinc to Support Expanding Customer DemandSee More Headlines VUZI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VUZI Company Calendar Last Earnings3/01/2023Today6/01/2023Next Earnings (Estimated)8/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Radio & t.v. communications equipment Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:VUZI CUSIPN/A CIK1463972 Webwww.vuzix.com Phone(585) 359-5900Fax585-359-4172Employees108Year FoundedN/APrice Target and Rating Average Stock Price Forecast$7.00 High Stock Price Forecast$7.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+39.2%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)($0.64) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-40,760,000.00 Net Margins-299.46% Pretax Margin-299.46% Return on Equity-33.52% Return on Assets-30.03% Debt Debt-to-Equity RatioN/A Current Ratio6.21 Quick Ratio5.37 Sales & Book Value Annual Sales$11.84 million Price / Sales26.86 Cash FlowN/A Price / Cash FlowN/A Book Value$1.73 per share Price / Book2.91Miscellaneous Outstanding Shares63,220,000Free Float58,414,000Market Cap$318.00 million OptionableOptionable Beta1.95 Key ExecutivesPaul J. TraversPresident, Chief Executive Officer & DirectorPeter JamesonChief Operating OfficerGrant RussellChief Financial Officer, Treasurer, Director & EVPShane PorzioVice President-EngineeringMichael HallettDirector-Sales North American RegionKey CompetitorsComtech TelecommunicationsNASDAQ:CMTLGilat Satellite NetworksNASDAQ:GILTAviat NetworksNASDAQ:AVNWCambium NetworksNASDAQ:CMBMSatellogicNASDAQ:SATLView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 6,624 shares on 5/26/2023Ownership: 0.096%Verity Asset Management Inc.Sold 11,698 shares on 5/24/2023Ownership: 0.101%New York State Common Retirement FundSold 25,600 shares on 5/18/2023Ownership: 0.017%B. Riley Wealth Advisors Inc.Sold 2,575 shares on 5/17/2023Ownership: 0.148%Susquehanna International Group LLPBought 2,300 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions VUZI Stock - Frequently Asked Questions What is Vuzix's stock price forecast for 2023? 0 brokers have issued 1-year price objectives for Vuzix's shares. Their VUZI share price forecasts range from $7.00 to $7.00. On average, they anticipate the company's share price to reach $7.00 in the next year. This suggests a possible upside of 39.2% from the stock's current price. View analysts price targets for VUZI or view top-rated stocks among Wall Street analysts. How have VUZI shares performed in 2023? Vuzix's stock was trading at $3.64 on January 1st, 2023. Since then, VUZI stock has increased by 38.2% and is now trading at $5.03. View the best growth stocks for 2023 here. When is Vuzix's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our VUZI earnings forecast. How were Vuzix's earnings last quarter? Vuzix Co. (NASDAQ:VUZI) issued its quarterly earnings data on Wednesday, March, 1st. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by $0.02. The firm earned $2.90 million during the quarter, compared to analysts' expectations of $3.78 million. Vuzix had a negative net margin of 299.46% and a negative trailing twelve-month return on equity of 33.52%. The business's revenue for the quarter was down 12.6% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.27) earnings per share. What ETFs hold Vuzix's stock? ETFs with the largest weight of Vuzix (NASDAQ:VUZI) stock in their portfolio include ProShares Metaverse ETF (VERS), SoFi Web 3 ETF (TWEB), Direxion Moonshot Innovators ETF (MOON), ARK Autonomous Technology & Robotics ETF (ARKQ), ARK Next Generation Internation ETF (ARKW), SPDR S&P Kensho New Economies Composite ETF (KOMP), Invesco Nasdaq Future Gen 200 ETF (QQQS) and Global X Internet of Things Thematic ETF (SNSR). What guidance has Vuzix issued on next quarter's earnings? Vuzix updated its earnings guidance on Tuesday, April, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.00M-, compared to the consensus revenue estimate of $4.15 million. What other stocks do shareholders of Vuzix own? Based on aggregate information from My MarketBeat watchlists, some companies that other Vuzix investors own include VEREIT (VER), Advanced Micro Devices (AMD), Himax Technologies (HIMX), OPKO Health (OPK), Intel (INTC), NVIDIA (NVDA), Alibaba Group (BABA), Kratos Defense & Security Solutions (KTOS) and Aqua Metals (AQMS). What is Vuzix's stock symbol? Vuzix trades on the NASDAQ under the ticker symbol "VUZI." Who are Vuzix's major shareholders? Vuzix's stock is owned by many different retail and institutional investors. Top institutional investors include ARK Investment Management LLC (10.01%), BlackRock Inc. (6.29%), State Street Corp (5.64%), Geode Capital Management LLC (1.71%), Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (1.63%) and Essex Investment Management Co. LLC (0.66%). Insiders that own company stock include Corp Intel, Edward William Jr Kay, Grant Russell, Paul J Travers, Peter Hamilton Jameson, Raj Rajgopal and Timothy Heydenreich Harned. View institutional ownership trends. How do I buy shares of Vuzix? Shares of VUZI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Vuzix's stock price today? One share of VUZI stock can currently be purchased for approximately $5.03. How much money does Vuzix make? Vuzix (NASDAQ:VUZI) has a market capitalization of $318.00 million and generates $11.84 million in revenue each year. The company earns $-40,760,000.00 in net income (profit) each year or ($0.64) on an earnings per share basis. How many employees does Vuzix have? The company employs 108 workers across the globe. How can I contact Vuzix? Vuzix's mailing address is 25 HENDRIX ROAD SUITE A, WEST HENRIETTA NY, 14586. The official website for the company is www.vuzix.com. The company can be reached via phone at (585) 359-5900, via email at vuzi@irthcommunications.com, or via fax at 585-359-4172. This page (NASDAQ:VUZI) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Vuzix Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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