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Innovative Eyewear Inc (LUCYW)
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Upturn Advisory Summary
11/05/2025: 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.
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 11/05/2025 |
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. It is focused on developing and marketing vision-enhancing and fitness-tracking eyewear. Their main product is Lucyd Lyte smart eyewear.
Core Business Areas
- Smart Eyewear Design and Manufacturing: Designs, develops, and manufactures smart eyewear products.
- Online Retail: Sells its products directly to consumers through its website.
Leadership and Structure
The leadership team includes Harrison Gross (CEO) and Scott Galster (CFO). The company operates with a functional organizational structure, focused on product development, marketing, and sales.
Top Products and Market Share
Key Offerings
- Lucyd Lyte: Smart eyewear offering Bluetooth audio and voice assistant integration. Market share data is difficult to precisely determine as the smart eyewear market is fragmented. Competitors include Bose Frames, Amazon Echo Frames, and Vue Smart Glasses.
Market Dynamics
Industry Overview
The smart eyewear market is growing, driven by increasing adoption of wearable technology and demand for hands-free devices. It's a competitive space with a few major players and several smaller companies.
Positioning
Innovative Eyewear Inc. is positioned as a provider of affordable smart eyewear targeting the mainstream consumer market. Their competitive advantage lies in their accessible price point and focus on essential features.
Total Addressable Market (TAM)
The global smart glasses market is projected to reach billions of USD. Innovative Eyewear Inc. is positioned to capture a share of this market by offering more affordable and stylish alternatives.
Upturn SWOT Analysis
Strengths
- Affordable price point
- Stylish designs
- Direct-to-consumer sales model
- Focus on essential features
Weaknesses
- Limited brand recognition
- Smaller product portfolio compared to competitors
- Reliance on third-party manufacturing
Opportunities
- Expanding product line with new features
- Partnerships with retailers and healthcare providers
- Growing demand for smart eyewear
- Targeting niche markets (e.g., sports, healthcare)
Threats
- Intense competition from established brands
- Rapid technological advancements
- Economic downturn affecting consumer spending
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- GOOGL
- AMZN
- AAPL
Competitive Landscape
Innovative Eyewear Inc. faces strong competition from large technology companies with significant resources. Its advantage lies in its niche focus and affordable pricing, but it needs to build brand recognition and expand its product portfolio.
Growth Trajectory and Initiatives
Historical Growth: Historical growth data is difficult to determine precisely given the short history and limited public information.
Future Projections: Future projections are dependent on market trends and the company's ability to execute its strategy. Analyst estimates would be required.
Recent Initiatives: Recent initiatives focus on expanding the product line and increasing brand awareness.
Summary
Innovative Eyewear Inc. is a relatively young company operating in the competitive smart eyewear market. The company is positioned well by offering affordable prices and accessible feature. It needs to focus on building brand recognition, expanding its product portfolio, and managing competition from larger players in the market to continue to expand.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company website
- Public financial data
- Market research reports
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions and company performance can change rapidly.
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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