NASDAQ:LUCY Innovative Eyewear (LUCY) Stock Price, News & Analysis → Elon’s New Device is About to Shock the World (From InvestorPlace) (Ad) Free LUCY Stock Alerts $0.23 +0.01 (+4.55%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$0.22▼$0.2450-Day Range$0.20▼$0.3952-Week Range$0.18▼$3.13Volume332,223 shsAverage Volume145,199 shsMarket Capitalization$2.97 millionP/E RatioN/ADividend YieldN/APrice Target$1.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesSEC FilingsShort InterestSocial Media Get Innovative Eyewear alerts: Email Address Innovative Eyewear MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside334.8% Upside$1.00 Price TargetShort InterestHealthy0.47% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.39Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.64 out of 5 stars 3.5 Analyst's Opinion Consensus RatingInnovative Eyewear has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageInnovative Eyewear has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.47% of the float of Innovative Eyewear has been sold short.Short Interest Ratio / Days to CoverInnovative Eyewear has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Innovative Eyewear has recently decreased by 66.76%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldInnovative Eyewear does not currently pay a dividend.Dividend GrowthInnovative Eyewear does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LUCY. Previous Next 1.9 News and Social Media Coverage News SentimentInnovative Eyewear has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Innovative Eyewear this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for LUCY on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Innovative Eyewear insiders have not sold or bought any company stock.Percentage Held by Insiders11.12% of the stock of Innovative Eyewear is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 0.96% of the stock of Innovative Eyewear is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Book Value per Share RatioInnovative Eyewear has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchGold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).See his free reveal right here. About Innovative Eyewear Stock (NASDAQ:LUCY)Innovative Eyewear, Inc. develops and sells smart eyeglasses and sunglasses. The company's flagship product is Lucyd Lyte glasses that enable the wearer to listen to music, take and make calls, and use voice assistants to perform various smartphone tasks hands-free. It also offers Vyrb, a social media application that enables the user to receive and send posts through Lucyd Lyte smart glasses with voice. In addition, the company launches an application, Lucyd app for iOS/Android users. It sells its products through various e-commerce, and retail store and distribution channels. Innovative Eyewear, Inc. has a license agreement with Lucyd Ltd. The company was incorporated in 2019 and is headquartered in North Miami, Florida. Innovative Eyewear, Inc. is a subsidiary of Lucyd Ltd.Read More LUCY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LUCY Stock News HeadlinesMay 1, 2024 | prnewswire.comInnovative Eyewear, Inc. Announces Closing of $1.025 Million Registered Direct Offering Priced At-the- Market Under Nasdaq RulesMay 1, 2024 | investorplace.com7 Penny Stocks With the Potential to Make You an Overnight MillionaireMay 5, 2024 | Stansberry Research (Ad)Gold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).April 30, 2024 | msn.comWhat's Going On With Innovative Eyewear (LUCY) Shares?April 29, 2024 | prnewswire.comInnovative Eyewear, Inc. Announces $1.025 Million Registered Direct Offering Priced At-the-Market Under Nasdaq RulesApril 25, 2024 | prnewswire.comInnovative Eyewear, Inc. Partners with New Look Vision Group to Provide Smart Eyewear in CanadaApril 18, 2024 | prnewswire.comInnovative Eyewear, Inc. Signs UK Football Legend and Media Personality Micah Richards as Brand AmbassadorApril 17, 2024 | finance.yahoo.comInnovative Eyewear, Inc. Signs Distribution Partnership with Windsor Eyes, Inc.May 5, 2024 | Stansberry Research (Ad)Gold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).April 17, 2024 | prnewswire.comInnovative Eyewear, Inc. Signs Distribution Partnership with Windsor Eyes, Inc.March 25, 2024 | finance.yahoo.comInnovative Eyewear Inc. Reports 2023 Financial ResultsMarch 16, 2024 | msn.comPlease Look Up: Eyewear Is Upscaling and Getting PricierFebruary 1, 2024 | finance.yahoo.comInnovative Eyewear, Inc. Commences Shipping of Nautica Smart Eyewear CollectionJanuary 22, 2024 | finance.yahoo.comDiamond Equity Research to Host Spotlight Emerging Growth Invitational Virtual Investor Conference on January 23, 2024January 10, 2024 | finanznachrichten.deInnovative Eyewear Inc.: Innovative Eyewear, Inc. Receives Notice of Allowance for Fourteen Patent ApplicationsJanuary 10, 2024 | finance.yahoo.comInnovative Eyewear, Inc. Receives Notice of Allowance for Fourteen Patent ApplicationsJanuary 5, 2024 | benzinga.comInnovative Eyewear's (NASDAQ: LUCY) Smart Glasses Partnership With Nautica® Launches In JanuaryDecember 18, 2023 | bizjournals.comMiami Dolphins player is brand ambassador for ChatGPT-enabled glassesDecember 14, 2023 | finance.yahoo.comInnovative Eyewear, Inc. Signs Professional Football Player Emmanuel Ogbah as Brand AmbassadorDecember 13, 2023 | finanznachrichten.deFinancialnewsmedia.com: Global Smart Eyewear Market Size Expected to Reach $10.6 Billion By 2024December 12, 2023 | finance.yahoo.comInnovative Eyewear, Inc. Announces the 2.0 Release of its Android ChatGPT App for Smart EyewearAugust 2, 2023 | proactiveinvestors.comInnovative Eyewear CEO says company is leading innovation in smart...Innovative Eyewear CEO says company is leading innovation in smart eyewear;...August 1, 2023 | finance.yahoo.comInnovative Eyewear, Inc. Launches the Lucyd Blueshift Lens for Enhanced Eye Protection and ComfortJune 30, 2023 | finance.yahoo.comInnovative Eyewear, Inc. Announces Miami Swim Week Runway Show and New Summer Lens CollectionJune 28, 2023 | finance.yahoo.comInnovative Eyewear, Inc. Announces Partnership with PRIVATO Duty FreeJune 26, 2023 | finance.yahoo.comInnovative Eyewear Announces Closing of $4.7 Million Public OfferingJune 22, 2023 | msn.comInnovative Eyewear Shares Are Tumbling: What's Going On?See More Headlines Receive LUCY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Innovative Eyewear and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/25/2024Today5/05/2024Next Earnings (Estimated)6/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Ophthalmic goods Sub-IndustryN/A Current SymbolNASDAQ:LUCY CUSIPN/A CIK1808377 Webwww.lucyd.co Phone786-785-5178FaxN/AEmployees11Year FoundedN/APrice Target and Rating Average Stock Price Target$1.00 High Stock Price Target$1.00 Low Stock Price Target$1.00 Potential Upside/Downside+334.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-6,660,000.00 Net Margins-578.05% Pretax Margin-578.39% Return on Equity-99.83% Return on Assets-92.59% Debt Debt-to-Equity RatioN/A Current Ratio9.00 Quick Ratio7.63 Sales & Book Value Annual Sales$1.15 million Price / Sales2.59 Cash FlowN/A Price / Cash FlowN/A Book Value$0.43 per share Price / Book0.53Miscellaneous Outstanding Shares12,930,000Free Float11,496,000Market Cap$2.97 million OptionableNot Optionable Beta0.63 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Harrison Reed Gross (Age 31)Co-Founder, CEO & Director Comp: $159.65kMr. Konrad Dabrowski (Age 41)Co-Founder & CFO Comp: $105.44kMr. David Eric Cohen (Age 51)Co-Founder & CTO Comp: $147.54kMr. Jaoquin Abondano (Age 40)Chief Operating Officer Mr. Ekene OfodileSenior VP Sales & MarketingKey CompetitorsMustang BioNASDAQ:MBIOWindtree TherapeuticsNASDAQ:WINTEiger BioPharmaceuticalsNASDAQ:EIGRQuoin PharmaceuticalsNASDAQ:QNRXOnconetixNASDAQ:ONCOView All Competitors LUCY Stock Analysis - Frequently Asked Questions Should I buy or sell Innovative Eyewear stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Innovative Eyewear in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LUCY shares. View LUCY analyst ratings or view top-rated stocks. What is Innovative Eyewear's stock price target for 2024? 1 Wall Street analysts have issued twelve-month target prices for Innovative Eyewear's shares. Their LUCY share price targets range from $1.00 to $1.00. On average, they expect the company's share price to reach $1.00 in the next year. This suggests a possible upside of 334.8% from the stock's current price. View analysts price targets for LUCY or view top-rated stocks among Wall Street analysts. How have LUCY shares performed in 2024? Innovative Eyewear's stock was trading at $0.4219 on January 1st, 2024. Since then, LUCY shares have decreased by 45.5% and is now trading at $0.23. View the best growth stocks for 2024 here. Are investors shorting Innovative Eyewear? Innovative Eyewear saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 37,000 shares, a drop of 66.8% from the March 31st total of 111,300 shares. Based on an average daily trading volume, of 117,500 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.5% of the company's shares are sold short. View Innovative Eyewear's Short Interest. When is Innovative Eyewear's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, June 24th 2024. View our LUCY earnings forecast. How were Innovative Eyewear's earnings last quarter? Innovative Eyewear, Inc. (NASDAQ:LUCY) issued its earnings results on Monday, March, 25th. The company reported ($0.19) earnings per share for the quarter. The company had revenue of $0.62 million for the quarter. Innovative Eyewear had a negative trailing twelve-month return on equity of 99.83% and a negative net margin of 578.05%. When did Innovative Eyewear IPO? Innovative Eyewear (LUCY) raised $8 million in an initial public offering on the week of August 15th 2022. The company issued 900,000 shares at a price of $7.50-$9.50 per share. Maxim Group served as the underwriter for the IPO. How do I buy shares of Innovative Eyewear? Shares of LUCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:LUCY) was last updated on 5/5/2024 by MarketBeat.com Staff From Our PartnersBiden to Launch “FedNOW” [Move Your Money Now]Priority GoldElon to Transform U.S. Economy? Porter & CompanyCould Your Accounts Be Frozen?Allegiance GoldThe asset beating inflation by 4xColonial MetalsCharles Payne Demystifies OptionsUnstoppable ProsperityAutomatic Income (from home)Awesomely, LLCThe A.I. story nobody is telling you (Read ASAP)TradeSmithWarren Buffet Stockpiling Gold?Reagan Gold Group Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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