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Technology - Consumer Electronics - NASDAQ - US
$ 0.9121
-15.5 %
$ 67.1 M
Market Cap
-0.73
P/E
1. INTRINSIC VALUE

Vuzix Corporation, together with its subsidiaries, designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets in North America, the Asia-Pacific, Europe, and internationally. It provides M300XL, M400, and M4000 series of smart glasses for enterprise, industrial, commercial, and medical markets; Vuzix Blade smart glasses; waveguide optics and related coupling optics; and Vuzix Shield smart glasses, as well as custom and engineering solutions. The company sells its products through resellers, direct to commercial customers, and via online stores, as well as various Vuzix operated web stores in Europe and Japan. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in September 2007.[ Read More ]

The intrinsic value of one VUZI stock under the base case scenario is HIDDEN Compared to the current market price of 0.912 USD, Vuzix Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart VUZI

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FINANCIALS
12.1 M REVENUE
2.48%
-52.3 M OPERATING INCOME
-24.23%
-50.1 M NET INCOME
-23.02%
-26.3 M OPERATING CASH FLOW
-7.16%
-19.3 M INVESTING CASH FLOW
8.93%
-450 K FINANCING CASH FLOW
76.92%
1.39 M REVENUE
26.83%
-9.3 M OPERATING INCOME
77.17%
-9.22 M NET INCOME
77.29%
-5.28 M OPERATING CASH FLOW
6.36%
-333 K INVESTING CASH FLOW
66.22%
10 M FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition Vuzix Corporation
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Current Assets 41.5 M
Cash & Short-Term Investments 26.6 M
Receivables 4.2 M
Other Current Assets 10.7 M
Non-Current Assets 44.6 M
Long-Term Investments 6.43 M
PP&E 8.37 M
Other Non-Current Assets 29.8 M
Current Liabilities 5.22 M
Accounts Payable 1.57 M
Short-Term Debt 164 K
Other Current Liabilities 3.48 M
Non-Current Liabilities 138 K
Long-Term Debt 138 K
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Vuzix Corporation
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Revenue 12.1 M
Cost Of Revenue 14.8 M
Gross Profit -2.63 M
Operating Expenses 50.6 M
Operating Income -52.3 M
Other Expenses -2.15 M
Net Income -50.1 M
RATIOS
-21.72% GROSS MARGIN
-21.72%
-431.21% OPERATING MARGIN
-431.21%
-413.46% NET MARGIN
-413.46%
-62.07% ROE
-62.07%
-58.21% ROA
-58.21%
-64.73% ROIC
-64.73%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Vuzix Corporation
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Net Income -50.1 M
Depreciation & Amortization 4.93 M
Capital Expenditures -16.6 M
Stock-Based Compensation 12.7 M
Change in Working Capital -1.88 M
Others -5.93 B
Free Cash Flow -42.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Vuzix Corporation
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Wall Street analysts predict an average 1-year price target for VUZI of $3 , with forecasts ranging from a low of $3 to a high of $3 .
VUZI Lowest Price Target Wall Street Target
3 USD 228.91%
VUZI Average Price Target Wall Street Target
3 USD 228.91%
VUZI Highest Price Target Wall Street Target
3 USD 228.91%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Vuzix Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
54.4 K USD 2
6-9 MONTHS
19.3 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
6 months ago
Apr 22, 2024
Bought 26.2 K USD
Harned Timothy Heydenreich
Director
+ 20000
1.3094 USD
6 months ago
Apr 22, 2024
Bought 3.12 K USD
Travers Paul J
President and CEO
+ 2500
1.25 USD
6 months ago
Apr 22, 2024
Bought 3.12 K USD
Travers Paul J
President and CEO
+ 2500
1.25 USD
6 months ago
Apr 22, 2024
Bought 3.07 K USD
Travers Paul J
President and CEO
+ 2500
1.2293 USD
6 months ago
Apr 22, 2024
Bought 6.3 K USD
Travers Paul J
President and CEO
+ 5000
1.26 USD
6 months ago
Apr 22, 2024
Bought 2.54 K USD
Travers Paul J
President and CEO
+ 2000
1.2699 USD
7 months ago
Apr 18, 2024
Bought 3.35 K USD
Travers Paul J
President and CEO
+ 2500
1.3399 USD
7 months ago
Apr 18, 2024
Bought 3.34 K USD
Travers Paul J
President and CEO
+ 2500
1.335 USD
7 months ago
Apr 18, 2024
Bought 3.38 K USD
Travers Paul J
President and CEO
+ 2500
1.35 USD
1 year ago
Nov 15, 2023
Bought 19.3 K USD
Travers Paul J
President and CEO
+ 7500
2.5699 USD
1 year ago
Aug 16, 2023
Bought 42.3 K USD
Kay Edward William Jr.
Director
+ 10000
4.23 USD
1 year ago
May 16, 2023
Bought 9.54 K USD
Harned Timothy Heydenreich
Director
+ 2500
3.8155 USD
1 year ago
Mar 14, 2023
Bought 9.9 K USD
Travers Paul J
President and CEO
+ 2557
3.8699 USD
1 year ago
Mar 13, 2023
Bought 9.96 K USD
Travers Paul J
President and CEO
+ 2600
3.83 USD
1 year ago
Mar 10, 2023
Bought 9.85 K USD
Jameson Peter Hamilton
Chief Operating Officer
+ 2600
3.79 USD
1 year ago
Dec 14, 2022
Bought 26.9 K USD
Rajgopal Raj
Director
+ 6565
4.0899 USD
1 year ago
Dec 13, 2022
Bought 31.1 K USD
Kay Edward William Jr.
Director
+ 7500
4.15 USD
1 year ago
Dec 01, 2022
Bought 10.5 K USD
Russell Grant
CFO and Executive VP
+ 2500
4.1884 USD
1 year ago
Dec 01, 2022
Bought 10.4 K USD
Russell Grant
CFO and Executive VP
+ 2500
4.1684 USD
1 year ago
Nov 29, 2022
Bought 12 K USD
Harned Timothy Heydenreich
Director
+ 3000
4.0119 USD
1 year ago
Nov 21, 2022
Bought 10.7 K USD
Travers Paul J
President and CEO
+ 2400
4.4436 USD
1 year ago
Nov 21, 2022
Bought 8.89 K USD
Travers Paul J
President and CEO
+ 2000
4.445 USD
2 years ago
Mar 09, 2022
Bought 9.64 K USD
Harned Timothy Heydenreich
director:
+ 1500
6.4243 USD
2 years ago
Mar 08, 2022
Bought 6.97 K USD
Travers Paul J
President and CEO
+ 1250
5.5799 USD
2 years ago
Mar 07, 2022
Bought 8.47 K USD
Travers Paul J
President and CEO
+ 1500
5.645 USD
2 years ago
Dec 02, 2021
Bought 15.5 K USD
Rajgopal Raj
Director
+ 1500
10.32 USD
2 years ago
Dec 02, 2021
Bought 10.4 K USD
Rajgopal Raj
Director
+ 1000
10.36 USD
2 years ago
Nov 30, 2021
Bought 23.6 K USD
Rajgopal Raj
Director
+ 2200
10.73 USD
3 years ago
Jan 28, 2021
Sell 6.95 M USD
INTEL CORP
Director
- 550086
12.6307 USD
3 years ago
Jan 28, 2021
Sell 3.67 M USD
INTEL CORP
Director
- 299035
12.2582 USD
3 years ago
Jan 28, 2021
Sell 46.5 M USD
INTEL CORP
Director
- 4113479
11.3 USD
4 years ago
May 19, 2020
Bought 4.58 K USD
Harned Timothy Heydenreich
Director
+ 2000
2.2925 USD
4 years ago
Apr 02, 2020
Bought 655 USD
Harned Timothy Heydenreich
Director
+ 500
1.31 USD
4 years ago
Apr 02, 2020
Bought 3.22 K USD
Harned Timothy Heydenreich
Director
+ 2500
1.2889 USD
4 years ago
Mar 18, 2020
Bought 5.14 K USD
Kay Edward William Jr.
Director
+ 5000
1.027 USD
4 years ago
Mar 17, 2020
Bought 4.85 K USD
Travers Paul J
President and CEO
+ 5000
0.9698 USD
4 years ago
Mar 16, 2020
Bought 4.85 K USD
Travers Paul J
President and CEO
+ 5000
0.9698 USD
4 years ago
Jan 15, 2020
Bought 5.43 K USD
Kay Edward William Jr.
Director
+ 3000
1.81 USD
4 years ago
Jan 13, 2020
Bought 4.32 K USD
Travers Paul J
President and CEO
+ 2250
1.9199 USD
4 years ago
Jan 10, 2020
Bought 4.92 K USD
Travers Paul J
President and CEO
+ 2500
1.97 USD
5 years ago
Nov 14, 2019
Bought 4.5 K USD
Kay Edward William Jr.
Director
+ 2000
2.251 USD
5 years ago
Jun 11, 2019
Bought 9.43 K USD
Travers Paul J
President and CEO
+ 3400
2.7737 USD
5 years ago
Jun 07, 2019
Bought 20.2 K USD
Kay Edward William Jr.
Director
+ 10000
2.0174 USD
5 years ago
Jun 06, 2019
Bought 9.68 K USD
Travers Paul J
President and CEO
+ 5000
1.9362 USD
5 years ago
Jun 07, 2019
Bought 7.64 K USD
Harned Timothy Heydenreich
Director
+ 4000
1.9093 USD
5 years ago
Jun 05, 2019
Bought 19.2 K USD
Russell Grant
CFO and Executive VP
+ 10000
1.924 USD
5 years ago
Jun 05, 2019
Bought 3.87 K USD
Russell Grant
CFO and Executive VP
+ 2000
1.935 USD
5 years ago
Jun 05, 2019
Bought 11.9 K USD
Travers Paul J
President and CEO
+ 6000
1.9901 USD
5 years ago
Jun 04, 2019
Bought 9.75 K USD
Travers Paul J
President and CEO
+ 5000
1.9501 USD
5 years ago
Dec 31, 2018
Bought 24 K USD
Kay Edward William Jr.
Director
+ 5000
4.7918 USD
5 years ago
Dec 24, 2018
Bought 4.53 K USD
Harned Timothy Heydenreich
Director
+ 1000
4.5334 USD
5 years ago
Dec 19, 2018
Bought 19.5 K USD
Travers Paul J
President and CEO
+ 3700
5.2604 USD
6 years ago
Nov 13, 2018
Bought 8.9 K USD
Harned Timothy Heydenreich
Director
+ 1500
5.9306 USD
6 years ago
Jul 12, 2018
Bought 8.26 K USD
Harned Timothy Heydenreich
Director
+ 1000
8.265 USD
6 years ago
Mar 26, 2018
Bought 19.9 K USD
Travers Paul J
President and CEO
+ 3252
6.1317 USD
6 years ago
Mar 22, 2018
Bought 30.5 K USD
Russell Grant
CFO and Executive VP
+ 5000
6.099 USD
6 years ago
Feb 06, 2018
Bought 9.17 K USD
Boris Paul A
COO
+ 1200
7.645 USD
6 years ago
Feb 06, 2018
Bought 14.4 K USD
Boris Paul A
COO
+ 1800
7.9897 USD
6 years ago
Dec 19, 2017
Bought 28.7 K USD
Boris Paul A
COO
+ 5000
5.744 USD
6 years ago
Dec 14, 2017
Bought 2.97 K USD
Harned Timothy Heydenreich
Director
+ 500
5.94 USD
6 years ago
Dec 14, 2017
Bought 12 K USD
Harned Timothy Heydenreich
Director
+ 2000
6.025 USD
7 years ago
Nov 15, 2017
Bought 59.4 K USD
Kay Edward William Jr.
Director
+ 10000
5.945 USD
7 years ago
Oct 23, 2017
Bought 12.6 K USD
Boris Paul A
COO
+ 2500
5.045 USD
7 years ago
Oct 13, 2017
Bought 4.44 K USD
Russell Grant
CFO and Executive VP
+ 800
5.55 USD
7 years ago
Oct 13, 2017
Bought 6.63 K USD
Russell Grant
CFO and Executive VP
+ 1200
5.525 USD
7 years ago
Oct 04, 2017
Bought 26 K USD
Boris Paul A
COO
+ 5000
5.1974 USD
7 years ago
Sep 28, 2017
Bought 12.5 K USD
Travers Paul J
President and CEO
+ 2300
5.45 USD
7 years ago
Aug 09, 2017
Bought 61 K USD
Boris Paul A
COO
+ 10000
6.1 USD
7 years ago
Aug 09, 2017
Bought 61 K USD
Boris Paul A
COO
+ 10000
6.1 USD
7 years ago
Jan 31, 2017
Bought 2.18 K USD
Travers Paul J
President and CEO
+ 350
6.23 USD
7 years ago
Jan 20, 2017
Bought 18 K USD
Travers Paul J
President and CEO
+ 2750
6.55 USD
9 years ago
Sep 18, 2015
Bought 11.8 K USD
Russell Grant
CFO and Executive VP
+ 2500
4.7 USD
9 years ago
Sep 18, 2015
Bought 5 K USD
Russell Grant
CFO and Executive VP
+ 1000
5 USD
9 years ago
Sep 14, 2015
Bought 2.36 K USD
Travers Paul J
President and CEO
+ 500
4.7199 USD
9 years ago
Sep 14, 2015
Bought 2.38 K USD
Travers Paul J
President and CEO
+ 500
4.75 USD
9 years ago
Sep 10, 2015
Bought 7.5 K USD
Russell Grant
CFO and Executive VP
+ 1500
5 USD
9 years ago
Sep 04, 2015
Bought 11.6 K USD
Travers Paul J
President and CEO
+ 2750
4.22 USD
9 years ago
Sep 04, 2015
Bought 11.6 K USD
Travers Paul J
President and CEO
+ 2750
4.22 USD
9 years ago
Aug 31, 2015
Bought 24 K USD
Lee William
Director
+ 6000
4 USD
9 years ago
Aug 31, 2015
Bought 10 K USD
Travers Paul J
President and CEO
+ 2500
4 USD
10 years ago
Apr 24, 2014
Bought 921 USD
Travers Paul J
President and CEO
+ 300
3.07 USD
10 years ago
Apr 24, 2014
Bought 630 USD
Travers Paul J
President and CEO
+ 200
3.15 USD
10 years ago
Apr 24, 2014
Bought 930 USD
Travers Paul J
President and CEO
+ 300
3.1 USD
10 years ago
Apr 24, 2014
Bought 590 USD
Travers Paul J
President and CEO
+ 200
2.95 USD
7. News
Vuzix Corporation (VUZI) Q3 2024 Earnings Call Transcript Vuzix Corporation (NASDAQ:VUZI ) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Ed McGregor - Director, Investor Relations Paul Travers - President and Chief Executive Officer Grant Russell - Executive Vice President and Chief Financial Officer Operator Greetings and welcome to the Vuzix Second Quarter for the Period Ending September 30th, 2024 Financial Results and Business Update Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 2 days ago
Vuzix Reports Third Quarter 2024 Results ROCHESTER, N.Y. , Nov. 14, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI) ("Vuzix" or the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies, today reported its financial results for the third quarter ended September 30, 2024, and provided updates on its strategic progress. prnewswire.com - 2 days ago
Vuzix Schedules Conference Call to Discuss Third Quarter 2024 Financial Results and Business Update ROCHESTER, N.Y. , Nov. 4, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is pleased to announce that the Company will host a conference call regarding its third quarter 2024 operating results at 4:30 PM Eastern Time (ET), November 14, 2024. prnewswire.com - 1 week ago
Vuzix to Discuss Its Industry-Leading Waveguide and AI/AR Smart Glasses Solutions at the ThinkEquity Conference 2024 ROCHESTER, N.Y. , Oct. 28, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI/AR smart glasses, technologies and optical components, is pleased to announce that the Company will be attending and presenting at the ThinkEquity Conference 2024, being held at the Mandarin Oriental Hotel in New York City on October 30, 2024. prnewswire.com - 2 weeks ago
Vuzix Announces Android 13 Upgrade and Support for Its Industry-Leading M400 Enterprise Smart Glasses ROCHESTER, N.Y. , Oct. 14, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that it is releasing  for general availability a full final version of the Android™ 13 mobile operating system for its flagship M400™ enterprise smart glasses, underscoring the Company's firm commitment to device security and meeting customer needs. prnewswire.com - 1 month ago
Vuzix Shareholder Letter Highlights Key Developments that Position the Company for Significant Market Success - Partnership and strategic $20 million investment by Quanta Computer with the first $10 million received; focused on manufacturing waveguides at scale and developing AI smart glasses for the broad markets. - Vuzix waveguide technology continues to lead and is the core of AI smart glasses. prnewswire.com - 1 month ago
Vuzix Targets Additional OEM Business Opportunities on the Heels of Its Recently Announced Strategic Partnership and Investment ROCHESTER, N.Y. , Sept. 26, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), a leading supplier of smart glasses and Augmented Reality (AR) technology, today announced an expanded focus on OEM partnerships and waveguide manufacturing following its recent strategic investment by Quanta Computer Inc., a global ODM leader. prnewswire.com - 1 month ago
Vuzix Receives $10 Million First Tranche Investment from Quanta Computer Quanta investment part of a total $20 million strategic investment agreement to support the expansion of Vuzix' leading-edge waveguide production capabilities and joint development of new AR/AI smart glasses technologies ROCHESTER, N.Y. , Sept. 16, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is pleased to announce that it has completed the closing of the first investment tranche, for the sale of $10 million in common stock at $1.30 per share, under its previously announced September 3, 2024 purchase agreement with Quanta Computer Inc. "Feedback thus far from both our investors and potential industry partners and customers since our prior September 3 rd announcement has been very positive," said Paul Travers, President and CEO of Vuzix. prnewswire.com - 2 months ago
Quanta Computer Enters into a Strategic Investment in Vuzix in Support of Long-Term Waveguide Design and Supply Partnership Vuzix to receive a $20 million dollar investment in 3 tranches from Quanta Computer, one of the world's largest ODMs Quanta investment to support the expansion of Vuzix' leading-edge waveguide production capabilities and joint development of new AR/AI smart glasses technologies ROCHESTER, N.Y. , Sept. 3, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is pleased to announce Quanta Computer Inc. (TWSE: 2382.TW), ("Quanta"), a global Fortune 500 company and worldwide leading Original Design Manufacturer (ODM), has entered into a $20 million three-tranche strategic investment in Vuzix consisting of common and preferred stock of Vuzix. prnewswire.com - 2 months ago
Vuzix's (VUZI) Smart Glasses to Power AR-Based Safety Solution Vuzix (VUZI) announces that its Z100 Smart Glasses have been selected by GPS Tuner to use in heads-up augmented reality display for eBike users to enhance safety. zacks.com - 2 months ago
GPS TUNER Selects Vuzix (NASDAQ:VUZI) Z100 Smart Glasses to Bundle as a Heads-Up Display for Their eBike Software Offerings ROCHESTER, N.Y. , Aug. 16, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, announced that its Z100 smart glasses have been selected by GPS TUNER, a leader in white label eMobility software solutions, to bundle as a heads-up AR display compliment to the apps they offer and sell to eBike global manufacturers and their end-users. prnewswire.com - 3 months ago
Vuzix (VUZI) Applies New Technique in Production Process Vuzix (VUZI) announces the use of a micro-touch manufacturing technique to reduce distortion and enable the company to use more delicate material in its production process. zacks.com - 3 months ago
8. Profile Summary

Vuzix Corporation VUZI

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COUNTRY US
INDUSTRY Consumer Electronics
MARKET CAP $ 67.1 M
Dividend Yield 0.00%
Description Vuzix Corporation, together with its subsidiaries, designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets in North America, the Asia-Pacific, Europe, and internationally. It provides M300XL, M400, and M4000 series of smart glasses for enterprise, industrial, commercial, and medical markets; Vuzix Blade smart glasses; waveguide optics and related coupling optics; and Vuzix Shield smart glasses, as well as custom and engineering solutions. The company sells its products through resellers, direct to commercial customers, and via online stores, as well as various Vuzix operated web stores in Europe and Japan. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in September 2007. Vuzix Corporation was incorporated in 1997 and is headquartered in West Henrietta, New York.
Contact 25 Hendrix Road, West Henrietta, NY, 14586 https://www.vuzix.com
IPO Date April 5, 2010
Employees 94
Officers Mr. Paul J. Travers Founder, Chief Executive Officer & President Shen-Fang Cheng Senior Application Engineer Ms. Charlotte Walker Vice President of Corporate Communications Mr. Eric Black General Counsel & Corporate Secretary Mr. Peter Jameson Chief Operating Officer Mr. Pano A. Spiliotis Managing Director of Integrated Solutions Business Unit Mr. Brad Craig Head of Developer Relations Activities Mr. Grant Neil Russell CA Chief Financial Officer, Executive Vice President, Treasurer & Director