Innovative Eyewear (LUCY) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $2.27 to $2.52
• 50-Day Range: $2.31 to $5.94
• 52-Week Range: $2.20 to $27.20
• Volume: 26,724 shs
• Average Volume: 953,505 shs
• Market Capitalization: $5.65 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

LUCY Stock Analysis - Frequently Asked Questions

How have LUCY shares performed this year?

Innovative Eyewear's stock was trading at $4.92 on January 1st, 2025. Since then, LUCY stock has decreased by 53.2% and is now trading at $2.3050.
View the best growth stocks for 2025 here.

How were Innovative Eyewear's earnings last quarter?

Innovative Eyewear, Inc. (NASDAQ:LUCY) posted its earnings results on Monday, March, 24th. The company reported ($0.41) EPS for the quarter, beating the consensus estimate of ($1.16) by $0.75. The firm had revenue of $1 million for the quarter, compared to analysts' expectations of $1 million. Innovative Eyewear had a negative trailing twelve-month return on equity of 115.86% and a negative net margin of 514.01%.

When did Innovative Eyewear's stock split?

Innovative Eyewear shares reverse split on 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 market closes 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 on the week of August 15th 2022. The company issued 900,000 shares at a price of $7.50-$9.50 per share. Maxim Group acted 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.

What other stocks do shareholders of Innovative Eyewear own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Innovative Eyewear investors own include Sangamo Therapeutics (SGMO), Meta Platforms (META), NVIDIA (NVDA), Faraday Future Intelligent Electric (FFIE), Mullen Automotive (MULN), NIO (NIO) and Verizon Communications (VZ).

Company Calendar

• Last Earnings: 3/24/2025
• Today: 4/03/2025
• Next Earnings (Estimated): 5/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Ophthalmic goods
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:LUCY
• CIK: 1808377
• Web: www.lucyd.co
• Phone: 786-785-5178
• Fax: N/A
• Employees: 9
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($6.27)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-6,660,000.00
• Net Margins: -514.01%
• Pretax Margin: -513.95%
• Return on Equity: -115.86%
• Return on Assets: -105.40%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 16.83
• Quick Ratio: 15.22

Sales & Book Value

• Annual Sales: $1.64 million
• Price / Sales: 3.46
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.61 per share
• Price / Book: 0.27

Miscellaneous

• Outstanding Shares: 2,453,000
• Free Float: 2,285,000
• Market Cap: $5.65 million
• Optionable: Not Optionable
• Beta: 2.75