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WLDS
Upturn stock rating

Wearable Devices Ltd. (WLDS)

Upturn stock rating
$3.69
Last Close (24-hour delay)
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PASS
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Upturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

10/15/2025: WLDS (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.

Analysis of Past Performance

Type Stock
Historic Profit -29.32%
Avg. Invested days 35
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 3.24M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 2.47
52 Weeks Range 1.20 - 47.92
Updated Date 06/29/2025
52 Weeks Range 1.20 - 47.92
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -24.2

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -2811.72%

Management Effectiveness

Return on Assets (TTM) -72.05%
Return on Equity (TTM) -167.89%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 366626
Price to Sales(TTM) 6.2
Enterprise Value 366626
Price to Sales(TTM) 6.2
Enterprise Value to Revenue 0.7
Enterprise Value to EBITDA -0.75
Shares Outstanding 2278610
Shares Floating 881867
Shares Outstanding 2278610
Shares Floating 881867
Percent Insiders 5.58
Percent Institutions 4.57

ai summary icon Upturn AI SWOT

Wearable Devices Ltd.

stock logo

Company Overview

overview logo History and Background

Wearable Devices Ltd. develops and commercializes non-invasive neural input technology, primarily for use in augmented reality (AR) and virtual reality (VR) environments. Founded in 2014, it focuses on enabling hands-free control of digital devices through subtle finger and hand movements.

business area logo Core Business Areas

  • Neural Interface Technology: Development and licensing of the Mudra platform, a neural interface technology that allows users to control devices with hand gestures.
  • AR/VR Solutions: Integration of the Mudra technology into AR/VR headsets and accessories to provide gesture-based control solutions.

leadership logo Leadership and Structure

The company is led by a management team with expertise in neural interfaces, software engineering, and business development. The organizational structure consists of research and development, product development, and sales and marketing departments.

Top Products and Market Share

overview logo Key Offerings

  • Mudra Band: The Mudra Band is a wrist-worn device that uses surface electromyography (sEMG) to recognize hand gestures and translate them into commands for controlling digital devices. Competitors include Myo (discontinued), CTRL-Labs (acquired by Facebook, now Meta), and other gesture-recognition technologies embedded in smartwatches and AR/VR headsets. While market share data is not publicly available, Mudra Band targets a niche market of professional AR/VR users and developers.
  • Mudra Platform: A software development kit (SDK) and APIs that allow developers to integrate the Mudra technology into their own applications and devices. This enhances control and user engagement with AR/VR applications. Competitors include general AR/VR SDKs from companies like Unity and Unreal Engine, as well as more specialized gesture control solutions offered by tech companies.

Market Dynamics

industry overview logo Industry Overview

The AR/VR industry is experiencing rapid growth, with increasing adoption across various sectors such as gaming, education, healthcare, and manufacturing. Gesture recognition is becoming an increasingly important input method for AR/VR experiences.

Positioning

Wearable Devices Ltd. aims to be a leader in neural interface technology for AR/VR, offering a unique solution for hands-free control. Its competitive advantage lies in the accuracy and reliability of its sEMG-based gesture recognition technology.

Total Addressable Market (TAM)

The global AR/VR market is projected to reach hundreds of billions of dollars in the coming years. Wearable Devices Ltd. is positioned to capture a portion of this market by providing innovative gesture control solutions that enhance the user experience and productivity within the AR/VR space.

Upturn SWOT Analysis

Strengths

  • Proprietary neural interface technology (Mudra)
  • Hands-free control of digital devices
  • Potential for integration into various AR/VR platforms
  • Experienced leadership team

Weaknesses

  • Limited brand recognition
  • Dependence on the growth of the AR/VR market
  • Relatively small company size
  • High price point of products

Opportunities

  • Growing demand for AR/VR solutions
  • Partnerships with AR/VR headset manufacturers
  • Expansion into new markets (e.g., healthcare, automotive)
  • Development of new gesture-based applications

Threats

  • Competition from larger tech companies
  • Technological advancements in alternative input methods (e.g., voice control)
  • Economic downturn impacting AR/VR adoption
  • Changing consumer preferences

Competitors and Market Share

competitor logo Key Competitors

  • Meta (META)
  • Apple (AAPL)
  • Microsoft (MSFT)

Competitive Landscape

Wearable Devices Ltd. faces intense competition from larger, more established technology companies. It differentiates itself with its specialized neural interface technology but needs to scale its operations and secure strategic partnerships to compete effectively.

Growth Trajectory and Initiatives

Historical Growth: Historical growth data is not readily available.

Future Projections: Future growth projections depend heavily on adoption of AR/VR and the company's ability to secure partnerships. Analyst estimates are not widely available.

Recent Initiatives: Recent initiatives include developing new applications for the Mudra Band and exploring partnerships with AR/VR hardware and software companies.

Summary

Wearable Devices Ltd. is a promising company with innovative neural interface technology for the AR/VR market. Its strength lies in its Mudra platform, which enables hands-free control of digital devices. However, the company faces challenges including limited brand recognition and strong competition from larger tech giants. Successful strategic partnerships and market expansion are critical for future growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • Industry Reports
  • Market Research
  • Limited Public Financial Data

Disclaimers:

The information provided is based on limited publicly available data and represents an analysis based on the available information. Market share estimates are based on industry reports and general knowledge and may not be precise. This is not financial advice.

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

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

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

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

About Wearable Devices Ltd.

Exchange NASDAQ
Headquaters -
IPO Launch date 2022-09-13
Co-Founder, Chairman & CEO Mr. Asher Dahan
Sector Technology
Industry Consumer Electronics
Full time employees 25
Full time employees 25

Wearable Devices Ltd. engages in the development of a non-invasive neural input interface for controlling digital devices using subtle touchless finger movements. The company offers Mudra development kits that enable users to control digital devices, including consumer electronics, smart watches, smartphones, augmented reality glasses, virtual reality headsets, televisions, personal and laptop computers, drones, robots, and others through finger movements and hand gestures; and SNC sensor module, an operating system software and algorithm software package. It also provides Mudra Band, a neural input wristband, which allows users to control Apple ecosystem devices, including iPhone, Mac computer, Apple TV, and iPad using subtle touchless finger movements and gestures; and Mudra Link, a universal gesture control neural wristband wearable that allows users to control any Bluetooth compatible device regardless of the operating system. The company serves consumer electronics companies, consumer electronics brands, industrial manufacturing companies, IT and software solutions providers, software development studios, and academic institutions. The company was incorporated in 2014 and is headquartered in Yokneam Illit, Israel.