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Upturn AI SWOT - About
Innovative Eyewear Inc (LUCYW)
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Upturn Advisory Summary
07/17/2025: LUCYW (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
0 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
Analysis of Past Performance
Type Stock | Historic Profit -66.67% | Avg. Invested days 25 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/17/2025 |
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 - |
Upturn AI SWOT
Innovative Eyewear Inc
Company Overview
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.
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 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
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
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
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.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.lucyd.co |
Full time employees 11 | Website https://www.lucyd.co | ||
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.
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