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Innovative Eyewear Inc

Innovative Eyewear Inc (LUCY)

4.94
-0.58
(-10.51%)
Closed July 23 4:00PM
4.92
-0.02
(-0.40%)
After Hours: 7:51PM

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Key stats and details

Current Price
4.92
Bid
4.78
Ask
22.50
Volume
148,859
4.7401 Day's Range 5.5922
3.362 52 Week Range 27.20
Market Cap
Previous Close
5.52
Open
5.49
Last Trade
1
@
4.88
Last Trade Time
Financial Volume
$ 756,421
VWAP
5.0815
Average Volume (3m)
41,641,427
Shares Outstanding
1,394,502
Dividend Yield
-
PE Ratio
-1.03
Earnings Per Share (EPS)
-4.78
Revenue
1.15M
Net Profit
-6.66M

About Innovative Eyewear Inc

Innovative Eyewear Inc is engaged in developing and selling eyeglasses and sunglasses, which are designed to allow the customers to remain connected to their digital lives, while also offering prescription eyewear and sun protection. Its products Lucyd Lyte glasses enable the wearer to listen to mus... Innovative Eyewear Inc is engaged in developing and selling eyeglasses and sunglasses, which are designed to allow the customers to remain connected to their digital lives, while also offering prescription eyewear and sun protection. Its products Lucyd Lyte glasses enable the wearer to listen to music, take and make calls, and use voice assistants to perform many common smartphone tasks hands-free. Show more

Sector
Ophthalmic Goods
Industry
Ophthalmic Goods
Website
Headquarters
Wilmington, Delaware, USA
Founded
1970
Innovative Eyewear Inc is listed in the Ophthalmic Goods sector of the NASDAQ with ticker LUCY. The last closing price for Innovative Eyewear was $5.52. Over the last year, Innovative Eyewear shares have traded in a share price range of $ 3.362 to $ 27.20.

Innovative Eyewear currently has 1,394,502 shares outstanding. The market capitalization of Innovative Eyewear is $7.70 million. Innovative Eyewear has a price to earnings ratio (PE ratio) of -1.03.

LUCY Latest News

Innovative Eyewear Inc. Announces Significant Progress in International Expansion

Innovative Eyewear Inc. Announces Significant Progress in International Expansion PR Newswire MIAMI, June 14, 2024 MIAMI, June 14, 2024 /PRNewswire/ -- Innovative Eyewear Inc. ("Innovative...

Innovative Eyewear, Inc. Launches Bixby App to Enable ChatGPT on its Smart Eyewear

Innovative Eyewear, Inc. Launches Bixby App to Enable ChatGPT on its Smart Eyewear PR Newswire MIAMI, June 13, 2024 MIAMI, June 13, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative...

Innovative Eyewear, Inc. to Participate in "Charting the Course: Navigating the Intersection of TMT and Business in the AI Era" Conference, June 4 - 5, 2024

Innovative Eyewear, Inc. to Participate in "Charting the Course: Navigating the Intersection of TMT and Business in the AI Era" Conference, June 4 - 5, 2024 PR Newswire MIAMI, June 3...

Innovative Eyewear, Inc. Announces Closing of $2.5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

Innovative Eyewear, Inc. Announces Closing of $2.5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules PR Newswire MIAMI, May 29, 2024 MIAMI, May 29, 2024 /PRNewswire/...

Innovative Eyewear, Inc. Launches Eddie Bauer® Smart Eyewear with ChatGPT

Innovative Eyewear, Inc. Launches Eddie Bauer® Smart Eyewear with ChatGPT PR Newswire MIAMI, May 29, 2024 MIAMI, May 29, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-3.476-41.40066698438.3968.5024.740113951897.57650772CS
4-2.58-34.47.513.24.7401243446699.74305978CS
120.286.034482758624.6427.23.3624164142716.4938361CS
26-3.794-43.53913243068.71427.23.3621904998916.46161667CS
52-12.68-72.045454545517.627.23.362961897116.40913162CS
156-125.08-96.21538461541301403.362568675021.83464038CS
260-125.08-96.21538461541301403.362568675021.83464038CS

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LUCY Discussion

View Posts
Money Management Money Management 4 days ago
Did they have reverse split unbelievable if I would keep my share at price
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LOB LOB 6 days ago
Overdue for Volume or news or even both.
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
8 bucks and back to 24 cents .. 480 LUCY 430 will be a good entry
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georgie18 georgie18 2 weeks ago
LUCY...465...Bouncing off the 50MA...🥳
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
ya it was pps going higher , LUCY due for a pr , making deals , a lot of irons in the fire , revenues increasing , geez one day like Ironman glasses
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
ya it was pps going higher , LUCY due for a pr , making deals , a lot of irons in the fire , revenues increasing , geez one day like Ironman glasses
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LOB LOB 2 weeks ago
Steal at this price.
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Spuds McKenz66 Spuds McKenz66 2 weeks ago
glasses that link with satellite with Elon , did i let the cat out of the bag?
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
Lucy in the Sky with Diamonds collection LUCY get at it
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
we selling glasses on Amazon? LUCY
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
no way not selling buying more LUCY is a cool cat meow
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
Not selling algo/mms so u can go to blazes LUCY is juicy , I'm married
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
give me some sugar LUCY is dam sexy
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
give me some , needing your love LUCY is sexy wear
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
clap along and be happy LUCY is sexy
👍️0
Spuds McKenz66 Spuds McKenz66 3 weeks ago
kung fu fighting , put on your LUCY shades , Here comes the big boss
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LOB LOB 3 weeks ago
That only leaves half day Wednesday and Friday for .70. Maybe next week if it doesn't this.
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
make no mistake , eye protection is a must, LUCY is going full orgasm , sprays like a friggin geyser
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
get on your eye protection LUCY is a squirter
👍️ 1 😁 1
Spuds McKenz66 Spuds McKenz66 3 weeks ago
its getting bright in here need my LUCY
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
bullish for Meow LUCY pussy
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
lets' do this Hot and Horny for LUCY
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
lets' do this Hot and Horny for LUCY
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Spuds McKenz66 Spuds McKenz66 3 weeks ago
here we go green , I bet LUCY hits 70 cents this week
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LOB LOB 3 weeks ago
Nice vid. Good comments. All about the Volume too.
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da_stock_analyst da_stock_analyst 3 weeks ago
#LUCY 🔥 nice run on Friday! another 50% on MONDAY? $LUCY
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TommyBoyTrader9460 TommyBoyTrader9460 3 weeks ago
$LUCY
$LUCY Strong move last week has eyes on this now..looking for strong support at the 200 day MA at .41 as a possible test and bounce off it.. pic.twitter.com/EEYnAFIlh0— Chris from Massachusetts AKA TommyboyTrader (@autumnsdad1) June 30, 2024
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Golden Cross Golden Cross 3 weeks ago
Reversal time
🇺🇸 1 🍀 1 💎 1 💩 1 🤡 1
glenn1919 glenn1919 3 weeks ago
LUCY.............................https://stockcharts.com/h-sc/ui?s=LUCY&p=W&b=5&g=0&id=p86431144783
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Zardiw Zardiw 3 weeks ago
[b$LUCY +50% #DDAmanda Video Analysis - #1 Stock Scanner/Screener

4th of July Special - #DDAmanda :
https://ddamanda.com/SignUpFourth.php



Z
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Dantheoneman Dantheoneman 4 weeks ago
Lucy Juicy!!!! $$
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Awl416 Awl416 4 weeks ago
Buy high sell low
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tw0122 tw0122 4 weeks ago
Strategic Partnerships and Market Expansions

Industry Presence. In March, Innovative Eyewear showcased its latest advancements at Vision Expo East, followed by a presentation at the Boston Reebok Spring Meetup. We believe these events provided valuable networking opportunities, customer feedback on new products, and strengthened our market presence.
Big Box distribution. We have secured a new partnership with Windsor Eyes, a distributor for select US optical and big box channels.
New Retail Opportunities: As touched on in our recent quarterly results release, interest in smart eyewear driven by Apple's Vision Pro product and Ray Ban Meta glasses has increased optical retailer interest in partnering with the Company. We believe this is evidenced by our current multi-store test with New Look Vision Group, the largest optical chain in Canada by number of locations. We are also in discussions with major domestic eyewear retailers and distributors for potential late 2024 / early 2025 sales of smart eyewear under our licensed brands.
Latin America: We are pursuing new opportunities with optical retailers in Latin America, broadening our international reach. So far, we have partnered with FUDEM (the state opticianry of El Salvador), Optometra stores in Puerto Rico, DiOptik in Bolivia, Distribuidora De Productos Opticos SA in Honduras and Universo Optico SA in Guatemala. We are also in discussions with optical chains in Brazil and Mexico for rollouts in those markets, which are the two biggest markets in Latin America.
Amazon Germany: We have launched our Amazon store in Germany, making our products available throughout the entire EU. This move marks the first entry of smart eyewear powered by Lucyd in these 27 countries. It aims to kick off a flywheel effect, driving distributor interest in the EU and expanding into the Middle East, Africa, and Eastern Europe. You can visit our store at Amazon Germany.
Product Launch and Market Interest

Since the beginning of the year, demand for our Nautica and Eddie Bauer licensed products has grown, as we garner interest from optical groups across the USA and LATAM.

Reebok Smart Eyewear and Lucyd Armor: Both lines are on track to ship to consumers and retailers in Q4. We view these projects as strategic as they leverage the rising demand for smart eyewear. They are key to establishing a first-mover advantage in the generative smart eyewear market for athletic and industrial applications. Additionally, we are expanding into existing brick-and-mortar distribution channels and exploring opportunities in industrial and home improvement sectors. The launch of these products will complete the Company's coverage of all four major segments of the smart eyewear market: sunglasses, eyeglasses, sport glasses and safety eyewear.

With upcoming upgrades to Siri, and other voice AI's like Microsoft Copilot emerging, we believe our products are well-positioned as an interface for these systems. Our products, branded with household names such as Nautica, Reebok, and Eddie Bauer, perfectly align with this new era of generative voice computing, providing the ideal wearable fashion accessory for seamless integration into this evolving technological landscape. Our frames are device and AI agnostic, making them an ergonomic and flexible onramp for almost any user to streamline their interactions with voice-based platforms.

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tw0122 tw0122 4 weeks ago
35 to 50
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LOB LOB 4 weeks ago
Stock should bounce back after falling off $1.36 High.
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LOB LOB 4 weeks ago
Believe institutional interest is improving. Figures shown on Yahoo are from March 31st and only updated quarterly. Probably already a higher percentage now.
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B RY B RY 1 month ago
Personally I'm enjoying and accumulating this price backslide of a company with analyst projected revenues 3x more than the 1st quarter. We all know it's a legitimate company with heavy sales from an expanding product line. The 2nd quarter 10q will quickly make any social media discussion of a reverse split unnecessary in my opinion. It is my understanding that most institutional investors have criteria to uphold in their buying decisions. Letting the numbers speak for themselves is one of them. I believe seeing the actual numbers in the 2nd quarter report in august will allow institutional investors to add Lucy more freely than the current 0.76% owned. Time will tell and glta. Every picture tells a story...



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B RY B RY 1 month ago
https://seekingalpha.com/symbol/LUCY/earnings?source=content_type%3Areact%7Cfirst_level_url%3Asymbol%7Csection%3Aearnings_per_share%7Csection_asset%3AEarnings%20Per%20Share%7Cbutton%3Amore_earnings
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RadicalOne RadicalOne 1 month ago
Thanks Bry! Is the 900 revenue a quarterly estimate? Mind me asking where you found that?

Thanks
Radek
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B RY B RY 1 month ago
"LUCY Upcoming Qr. Earnings
Announce Date
8/13/2024 (Estimated)
EPS Normalized Estimate
-$0.15
EPS GAAP Estimate
-
Revenue Estimate
$900.00K"
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B RY B RY 1 month ago
"estimated earnings date is Tuesday, August 13th"
👍️ 1
RadicalOne RadicalOne 1 month ago
Anybody know when the quarterly report is coming out for Lucy?
👍️0
B RY B RY 1 month ago
Here is a Lucy ceo interview posted on his twitter account 2 days ago for anyone interested in more indepth company goals. Of the 44 minutes the first half put me to sleep. When I woke up from my old man nap I skipped to halfway to get past the Skyline investor relation and interview introduction speech. I suggest everyone else do the same. We want interesting info, not rhetoric. The upcoming safety glasses line look sharp, but if they do not have an ANSI stamp then they are not OSHA approved for workplace requirements. I went on Lucyd's website and asked about it, but they did not have an answer. It's not a big deal as their non safety wear will be their bigger sellers anyway. There is no doubt in my mind for those who wear stylish prescription glasses it's only logical to wear rimless smart glasses with amazing capabilities. In the 2nd half of the harrison gross interview he discusses some of the drawbacks of the camera feature in competitors glasses. I believe Lucyd was wise in not adopting a camera feature. The extra weight and invasion of privacy in sensitive places are 2 good reasons imo. Time will tell if they use revenues to cover operating costs later this year and grow their stock like Apple did or use dilution methods in years ahead to cover costs and destroy their shareholder base like 99.99% of penny stocks do. I don't mind holding it until one of those 2 paths become more evident. Glta and here is the ceo interview that I find the 2nd half interesting.
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B RY B RY 1 month ago
Just my opinion, but Lucy has an opportunity to become a large high tech innovator if they follow a proven path. The ball is in their hands and time will tell. Let's see if Lucy hits 39 cents and rebounds like another company with potential did so many years ago. I feel comfortable with the correlation comparison considering they both started with a hot selling high tech product made in china.

"Apple was co-founded by Steve Jobs and Steve Wozniak in 1976 and one year later launched the Apple II computer. The company, officially known at the time as Apple Computers Inc, went public on the Nasdaq stock exchange on 12 December 1980, at a split-adjusted cost of 39 cents per share. Four years later Apple launched the first Macintosh computer.

Apple’s board of directors ousted Jobs from the company in 1985 only for him to return as CEO in 1997. At that time, Apple was on the verge of bankruptcy but Jobs had a turnaround plan, including securing a $150 million investment from Microsoft to support Office products for the Mac.

By October 1997, Apple stock growth history hadn't started yet as shares were trading at 78 cents (split-adjusted) a piece. Savvy investors who recognised Jobs’ vision were in for a treat over the coming decades. Apple’s 1998 launch of the iMac was an important moment for Apple but not as important for Apple stock history."
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B RY B RY 1 month ago
Manufacturing costs money until sales can sustain operating costs. If institutions come aboard(currently only 0.76%), that would be nice for retail investors. I think most Lucy investors understand this is not currently a good short term stock with their sales going through the roof along with their manufacturing costs to supply customers. I'm banking on their audited financials next march to be impressive. Good luck to all...especially short term investors who are going to need luck to profit imo. I prefer to daytrade for my main income. Lucy's volitility for a few good daytrading days is where it caught my attention. It's business model has my long term attention. Time will tell. I hope this helps and you do well with your investments gititrit.



👍️0
getitrit getitrit 1 month ago
What does everyone think about Lucy? I am very interested in the future of technology and Patents.
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tbonaces80 tbonaces80 1 month ago
We are adding a good chunk here. Overly shorted.
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B RY B RY 1 month ago
I found 14 total patents granted in 2024. Two in march and 12 in april. They were filed in feb 2023. That tells me their asset value will be reflected in their financials going forward. They are only assets when granted, not filed. Plus any possible infringement lawsuits could not be filed until after the march 2024 patents were granted. I simply am intrigued to what asset value they give the 14 patents in their financials. I'm not trying to push Lucy and am not recommending anyone buy or sell it. I'm newer to Lucy, bought it and am just posting my findings so far. I see some older postings feel like it is a dilution machine. I see their financials clearly show them to be in the red. From what I see 2024 has a good chance to be the breakout year they have been struggling for since inception. I could honestly care less if the price continues down for a short time. It's next year that I'm banking on. The patents values will have an honest reflection in next years audited financials along with the increase in sales. Time will tell and glta.
https://patents.justia.com/assignee/innovative-eyewear-inc
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B RY B RY 1 month ago
Btw...can you imagine being an active student and playing golf, tennis or just working out while researching through chatGPT? I personally like and think the Lucyd rimless glasses will be a big seller to students who care more about grades than drinking, lol. I can care less about next weeks pps. It's next year financials that holds my interest. GLTA!
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B RY B RY 1 month ago
Interesting article on the direction of AI as the big players invest heavily in it's future. For those that research on the go smart glasses are the preferable tech. Something VERY IMPORTANT to understand and consider. I've read many opinions criticizing Lucyd glasses due to the fact they chose not to incorporate a camera. There are MANY businesses that DO NOT allow employees to take pictures inside the workplace to protect their proprietary technologies. I worked at a business over 20 years ago when flip phones with a camera were coming of age. Even back then the company had it in their company rules posted that taking pictures was absolutely prohibited. So any complaints of smart glasses not having a camera are dismissed by me as naive opinions. Today's phone cameras have amazing capabilities anyway making the point of having glasses with a camera a mute argument. I think this factor bodes well for Lucy's future bottom line imo. Perhaps it helps explain the multiple analysts projecting $14 million revenues in 2025. GLTA and here is the article I find very interesting about the future of AI.

https://www.cnbc.com/2024/06/07/after-chatgpt-and-the-rise-of-chatbots-investors-pour-into-ai-agents.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
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