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LUCYW
Upturn stock ratingUpturn stock rating

Innovative Eyewear Inc (LUCYW)

Upturn stock ratingUpturn stock rating
$0.08
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

06/30/2025: LUCYW (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $0

1 Year Target Price $0

Analysts Price Target For last 52 week
$0Target price
Low$
Current$0.08
high$

Analysis of Past Performance

Type Stock
Historic Profit -66.67%
Avg. Invested days 25
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 3.48
52 Weeks Range 0.02 - 0.19
Updated Date 06/26/2025
52 Weeks Range 0.02 - 0.19
Updated Date 06/26/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -418.88%

Management Effectiveness

Return on Assets (TTM) -76.57%
Return on Equity (TTM) -132.93%

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 1834539
Shares Outstanding -
Shares Floating 1834539
Percent Insiders -
Percent Institutions -

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Innovative Eyewear Inc

stock logo

Company Overview

overview logo History and Background

Innovative Eyewear Inc. was founded in 2019. The company focuses on developing and marketing vision-enhancing eyewear that combines fashion with technology. Its signature product is Lucyd Lyte smart eyewear.

business area logo Core Business Areas

  • Smart Eyewear: Design, development, and distribution of smart eyewear products under the Lucyd brand, integrating audio and other technological features.
  • Subscription Revenue: Revenue generated from subscriptions to related software or services linked to the smart eyewear.

leadership logo Leadership and Structure

Harrison Gross is the CEO. The company has a typical startup structure with departments for product development, marketing, sales, and operations.

Top Products and Market Share

overview logo Key Offerings

  • Lucyd Lyte: Smart eyewear integrating Bluetooth audio, voice assistants, and prescription lens compatibility. Precise market share data is difficult to pinpoint due to the fragmented smart eyewear market. Key competitors include Bose (BOSE), Amazon (AMZN) with Echo Frames, and various smaller smart glasses companies.
  • Lucyd Loud: A range of sunglasses with similar features to Lucyd Lyte, focusing on audio integration. Similar to Lucyd Lyte, precise market share data is unavailable, and it competes with the same companies in the audio eyewear space.

Market Dynamics

industry overview logo Industry Overview

The smart eyewear market is growing, driven by advancements in miniaturization, connectivity, and voice assistants. Consumers are increasingly seeking wearable technology that blends seamlessly with their daily lives.

Positioning

Innovative Eyewear Inc. positions itself in the fashion-forward, accessible smart eyewear segment, targeting consumers looking for a balance of style and technology.

Total Addressable Market (TAM)

The global smart glasses market is projected to reach several billion USD in the coming years. Innovative Eyewear aims to capture a portion of this market by offering a more accessible and stylish alternative to some of the more technically focused competitors.

Upturn SWOT Analysis

Strengths

  • Innovative product design
  • Focus on fashion and accessibility
  • Established brand recognition within its niche
  • Strong online presence and direct-to-consumer sales

Weaknesses

  • Limited financial resources compared to larger competitors
  • Relatively small market share
  • Dependence on a limited product line
  • Vulnerable to supply chain disruptions

Opportunities

  • Expanding product line with new features and designs
  • Partnerships with eyewear retailers and healthcare providers
  • Entering new geographic markets
  • Developing software and services to complement the hardware

Threats

  • Competition from established technology and eyewear companies
  • Rapid technological advancements that could render existing products obsolete
  • Changing consumer preferences
  • Economic downturn affecting discretionary spending

Competitors and Market Share

competitor logo Key Competitors

  • BOSE (BOSE)
  • Amazon (AMZN)
  • Meta (META)
  • Snap (SNAP)

Competitive Landscape

Innovative Eyewear Inc. has the advantage of being a first-mover in combining fashion and smart technology in eyewear. However, it faces challenges from larger companies with more resources and brand recognition.

Growth Trajectory and Initiatives

Historical Growth: Growth has been dependent on product adoption and market expansion. Review recent financial reports for historical growth data.

Future Projections: Future growth is contingent on new product launches, market penetration, and overall industry growth. Analyst estimates should be sourced from reputable financial analysis platforms.

Recent Initiatives: Recent initiatives might include new product releases, partnerships, or marketing campaigns.

Summary

Innovative Eyewear Inc. is a small company in the smart eyewear market aiming to fill a niche. The company blends fashion with technology and tries to be affordable. Its small size can be both a blessing and a curse as it is more nimble, but has fewer resources to compete with the giants in the industry. They will need to be focused on market penetration while keeping a good eye on cash flow.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings (10-K, 10-Q), Company Website, Market Research Reports

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Market share data is estimated and may not be precise. Please conduct your own due diligence before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Innovative Eyewear Inc

Exchange NASDAQ
Headquaters North Miami, FL, United States
IPO Launch date 2022-08-15
Co-Founder, CEO & Director Mr. Harrison Reed Gross
Sector Healthcare
Industry Medical Instruments & Supplies
Full time employees 11
Full time employees 11

Innovative Eyewear, Inc. engages in the development and sale of smart eyeglasses and sunglasses in North America. Its flagship product is the Lucyd Lyte which enable the wearer to listen to music, take and make calls, and use voice assistants and ChatGPT to perform various smartphone tasks hands-free. It also provides Nautica Powered by Lucyd smart eyewear collection and various branded accessories, including a power brick, cleaning cloth, and a slipcase adorned; Eddie Bauer Powered by Lucyd smart eyewear collection; and Lucyd Armor line, an ANSI-certified smart safety glass for all-day wear. In addition, the company offers Lucyd app that provides unlimited voice ChatGPT interactions. It sells its products through Amazon, social selling, and retail stores, as well as through Lucyd.co, Walmart.com, Target.com, BestBuy.com, DicksSportingGoods.com, Brookstone.com, and eBay. Innovative Eyewear, Inc. was founded in 2019 and is based in North Miami, Florida.