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Upturn AI SWOT - About
Innovative Eyewear Inc (LUCYW)
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Upturn Advisory Summary
09/12/2025: 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 09/12/2025 |
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, focusing on the development and marketing of smart eyewear. Their primary product line is branded 'Lucyd'. They went public in 2021.
Core Business Areas
- Smart Eyewear: Designs, develops, and sells Bluetooth audio eyewear under the Lucyd brand. This includes prescription and non-prescription lenses.
- Lucyd App: A companion app providing features such as voice assistance and music streaming, integrated with their eyewear products.
Leadership and Structure
The company is led by Harrison Gross, CEO and Safa Khalfan, COO. The organizational structure is typical of a small publicly traded company, with departments for product development, marketing, sales, and finance.
Top Products and Market Share
Key Offerings
- Lucyd Lyte: Bluetooth audio glasses offering music, calls, and voice assistant integration. Market share data is not readily available due to the niche nature of the smart eyewear market. Competitors include Bose (BOSE), Fauna, and Vue.
- Lucyd Loud: Enhanced version of Lucyd Lyte. Market share data unavailable. Competitors as above.
Market Dynamics
Industry Overview
The smart eyewear market is relatively new and growing, driven by advancements in miniaturization, Bluetooth technology, and voice assistance. The market faces challenges related to consumer adoption, battery life, and aesthetics.
Positioning
Innovative Eyewear Inc. is positioned as a consumer-focused brand in the affordable smart eyewear segment. They aim to combine fashion with functionality.
Total Addressable Market (TAM)
Estimates vary widely, but the global smart glasses market is projected to reach billions of dollars by the late 2020s. Innovative Eyewear Inc. is targeting a segment of this market focused on audio and fashionable eyewear.
Upturn SWOT Analysis
Strengths
- First mover advantage in affordable smart eyewear
- Proprietary technology and design
- Established brand name (Lucyd)
- Direct-to-consumer sales channel
Weaknesses
- Limited brand recognition compared to established eyewear companies
- Reliance on a single product category
- Small market capitalization
- Limited financial resources for marketing and expansion
Opportunities
- Expanding product line with new features and designs
- Partnerships with eyewear retailers and healthcare providers
- Entering new geographic markets
- Increasing adoption of wearable technology
Threats
- Competition from larger companies with more resources
- Rapid technological advancements rendering products obsolete
- Changing consumer preferences
- Economic downturn impacting discretionary spending
Competitors and Market Share
Key Competitors
- BOSE
- VUZI
- GOOG
Competitive Landscape
Innovative Eyewear Inc. faces stiff competition from established players with greater resources. The company must differentiate itself through innovation, design, and marketing.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been present, however, the company only went public in 2021.
Future Projections: Analyst projections for future growth are highly variable and depend on the company's ability to execute its growth strategy.
Recent Initiatives: Recent initiatives include expanding distribution channels and launching new product models.
Summary
Innovative Eyewear Inc. is a small company operating in a niche market with potential for growth but faces significant challenges. Its affordable smart eyewear products have gained some traction, but it needs to expand its brand recognition and product offerings to compete effectively with larger companies. The company's financial performance and market share are still relatively small, and it needs to carefully manage its resources to capitalize on opportunities and mitigate risks. Investors should be aware of the volatility and speculative nature of the stock.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Press releases
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Investors should conduct their 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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