Vuzix (VUZI) Stock Forecast, Price & News

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.

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.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our VUZI earnings forecast.

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.

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).

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.

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).

Vuzix trades on the NASDAQ under the ticker symbol "VUZI."

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.
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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.
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One share of VUZI stock can currently be purchased for approximately $5.03.

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.

The company employs 108 workers across the globe.

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.