VUZI Chart
About

Vuzix Corporation designs, manufactures, and markets artificial intelligence (AI)-powered smart glasses, waveguides, and augmented reality (AR) technologies in North America, Europe, the Asia Pacific, and internationally. The company offers smart glasses that include M Series, Vuzix Blade, Vuzix Shield, and Vuzix Z100; Mobilium logistics mobility software solution, which supports smart glasses, mobile phones, and industry standard smart barcode data collection terminals; waveguide optics; and display engines. It also provides engineering services and original design manufacturers (ODM)/original equipment manufacturers (OEM) component solutions. The company sells its products through direct sales, value-added resellers, distributors, ODM and OEM partnerships, and online stores, as well as various Vuzix operated web stores in the United States, Europe, and Japan. It serves the enterprise, industrial, medical, defense, security, and consumer markets. 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.

Fundamentals
Scroll to Statements
Sector Technology Industry Consumer Electronics Market Cap 246.79M
Enterprise Value 235.32M Income -37.34M Sales 5.31M
Book/sh 0.35 Cash/sh 0.28 Dividend Yield —
Payout 0.00% Employees 76 IPO —
P/E — Forward P/E -7.33 PEG —
P/S 46.48 P/B 8.77 P/C —
EV/EBITDA -6.73 EV/Sales 44.31 Quick Ratio 6.08
Current Ratio 7.14 Debt/Eq 2.99 LT Debt/Eq —
EPS (ttm) -0.49 EPS next Y -0.42 EPS Growth —
Revenue Growth -16.20% Earnings 2026-03-12 ROA -56.05%
ROE -96.37% ROIC — Gross Margin -106.91%
Oper. Margin -6.45% Profit Margin 0.00% Shs Outstand 80.13M
Shs Float 67.74M Short Float 22.74% Short Ratio 10.19
Short Interest — 52W High 4.29 52W Low 1.47
Beta 1.43 Avg Volume 1.94M Volume 1.88M
Target Price $3.00 Recom None Prev Close $2.72
Price $3.08 Change 13.24%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.00
Mean price target
2. Current target
$3.08
Latest analyst target
3. DCF / Fair value
$-1.08
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.08
Low
$3.00
High
$3.00
Mean
$3.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-08-15 main Craig-Hallum Buy → Buy $2
2024-04-16 main Craig-Hallum Buy → Buy $3
2024-01-18 main Craig-Hallum Buy → Buy $4
2023-11-10 down BTIG Buy → Neutral —
2021-12-21 init Dawson James — → Buy $15
2021-03-16 down Maxim Group Buy → Hold —
2021-02-17 init BTIG — → Buy $30
2018-03-20 main Maxim Group Buy → Buy $11
2018-01-31 main Maxim Group Buy → Buy $13
2016-10-28 init Maxim Group — → Buy —
2015-12-10 init HC Wainwright & Co. — → Buy $10
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 9457 27614 — Sale at price 2.92 per share. PARKINSON CHRISTOPHER IAIN Officer — 2025-12-22 00:00:00 D
1 150000 — — Stock Award(Grant) at price 0.00 per share. PARKINSON CHRISTOPHER IAIN Officer — 2025-09-29 00:00:00 D
2 65295 — — Stock Award(Grant) at price 0.00 per share. MACKINNON ALASDAIR JOHN Director — 2025-08-05 00:00:00 D
3 31746 — — Stock Award(Grant) at price 0.00 per share. KAY EDWARD WILLIAM JR Director — 2025-07-01 00:00:00 D
4 31746 — — Stock Award(Grant) at price 0.00 per share. HARNED TIMOTHY HEYDENREICH Director — 2025-07-01 00:00:00 D
5 31746 — — Stock Award(Grant) at price 0.00 per share. WHITTEN-DOOLIN PAULA BECK Director — 2025-07-01 00:00:00 D
6 70922 — — Stock Award(Grant) at price 0.00 per share. KAY EDWARD WILLIAM JR Director — 2024-07-01 00:00:00 D
7 110396 — — Stock Award(Grant) at price 0.00 per share. HARNED TIMOTHY HEYDENREICH Director — 2024-07-01 00:00:00 D
8 90922 — — Stock Award(Grant) at price 0.00 per share. WHITTEN-DOOLIN PAULA BECK Director — 2024-07-01 00:00:00 D
9 14500 18163 — Purchase at price 1.23 - 1.27 per share. TRAVERS PAUL J Chief Executive Officer — 2024-04-22 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.00-86.60K
TaxRateForCalcs0.000.000.000.24
NormalizedEBITDA-9.70M-45.42M-40.81M-37.36M
TotalUnusualItems-29.96M-3.70K1.08M-353.46K
TotalUnusualItemsExcludingGoodwill-29.96M-3.70K1.08M-353.46K
NetIncomeFromContinuingOperationNetMinorityInterest-73.54M-50.15M-40.76M-40.38M
ReconciledDepreciation3.93M4.93M2.59M2.31M
ReconciledCostOfRevenue10.42M13.68M9.55M10.27M
EBITDA-39.65M-45.42M-39.72M-37.71M
EBIT-43.58M-50.35M-42.31M-40.02M
NormalizedIncome-43.58M-50.15M-41.85M-40.11M
NetIncomeFromContinuingAndDiscontinuedOperation-73.54M-50.15M-40.76M-40.38M
TotalExpenses49.34M62.48M54.15M53.19M
TotalOperatingIncomeAsReported-73.97M-52.30M-42.23M-39.98M
DilutedAverageShares68.09M63.43M63.69M61.18M
BasicAverageShares68.09M63.43M63.69M61.18M
DilutedEPS-1.08-0.79-0.64-0.66
BasicEPS-1.08-0.79-0.64-0.66
DilutedNIAvailtoComStockholders-73.54M-50.15M-40.76M-40.38M
NetIncomeCommonStockholders-73.54M-50.15M-40.76M-40.38M
NetIncome-73.54M-50.15M-40.76M-40.38M
NetIncomeIncludingNoncontrollingInterests-73.54M-50.15M-40.76M-40.38M
NetIncomeContinuousOperations-73.54M-50.15M-40.76M-40.38M
TaxProvision0.000.000.000.00
PretaxIncome-73.54M-50.15M-40.76M-40.38M
OtherIncomeExpense-29.96M204.57K1.55M-353.46K
OtherNonOperatingIncomeExpenses208.27K466.70K
SpecialIncomeCharges-30.33M-2.18M-133.03K-263.78K
GainOnSaleOfPPE-27.65K0.00-35.35K-183.61K
ImpairmentOfCapitalAssets30.30M2.18M97.67K80.16K
GainOnSaleOfSecurity374.00K2.18M1.21M-89.69K
OperatingIncome-43.58M-50.35M-42.31M-40.02M
OperatingExpense37.98M47.72M43.80M41.59M
OtherTaxes-59.34K230.97K213.00K307.37K
DepreciationAmortizationDepletionIncomeStatement2.99M3.84M1.79M988.10K
DepreciationAndAmortizationInIncomeStatement2.99M3.84M1.79M988.10K
ResearchAndDevelopment9.63M12.34M12.68M11.67M
SellingGeneralAndAdministration25.42M31.30M29.12M28.62M
SellingAndMarketingExpense8.19M12.71M8.08M6.12M
GeneralAndAdministrativeExpense17.23M18.59M21.04M22.50M
OtherGandA17.23M18.59M21.04M22.50M
GrossProfit-5.60M-2.63M1.48M1.57M
CostOfRevenue11.35M14.76M10.35M11.60M
TotalRevenue5.75M12.13M11.84M13.16M
OperatingRevenue5.75M12.13M11.84M13.16M
Line Item2024-12-312023-12-312022-12-31
TreasurySharesNumber579.67K579.67K464.67K
OrdinarySharesNumber75.97M64.73M63.32M63.67M
ShareIssued76.55M65.30M63.78M63.67M
TotalDebt494.24K301.19K956.16K1.12M
TangibleBookValue33.34M50.95M80.33M139.66M
InvestedCapital37.29M80.79M115.49M143.73M
WorkingCapital24.61M36.28M75.35M132.99M
NetTangibleAssets33.34M50.95M80.33M139.66M
CapitalLeaseObligations494.24K301.19K956.16K1.12M
CommonStockEquity37.29M80.79M115.49M143.73M
TotalCapitalization37.29M80.79M115.49M143.73M
TotalEquityGrossMinorityInterest37.29M80.79M115.49M143.73M
StockholdersEquity37.29M80.79M115.49M143.73M
TreasuryStock2.48M2.48M2.01M0.00
RetainedEarnings-367.52M-293.98M-243.84M-203.07M
AdditionalPaidInCapital407.22M377.19M361.27M346.74M
CapitalStock76.55K65.30K63.78K63.67K
CommonStock76.55K65.30K63.78K63.67K
PreferredStock0.000.00
TotalLiabilitiesNetMinorityInterest2.11M5.35M15.58M4.74M
TotalNonCurrentLiabilitiesNetMinorityInterest0.00137.67K305.15K582.88K
LongTermDebtAndCapitalLeaseObligation0.00137.67K305.15K582.88K
LongTermCapitalLeaseObligation0.00137.67K305.15K582.88K
CurrentLiabilities2.11M5.22M15.28M4.16M
OtherCurrentLiabilities1.00M11.50M
CurrentDeferredLiabilities125.90K18.84K29.06K27.80K
CurrentDeferredRevenue125.90K18.84K29.06K27.80K
CurrentDebtAndCapitalLeaseObligation494.24K163.51K651.01K534.15K
CurrentCapitalLeaseObligation494.24K163.51K651.01K534.15K
PayablesAndAccruedExpenses1.49M4.03M3.10M3.59M
CurrentAccruedExpenses945.75K2.42M1.67M1.42M
Payables546.38K1.62M1.43M2.18M
TotalTaxPayable8.16K46.73K215.00K120.24K
AccountsPayable538.22K1.57M1.21M2.05M
TotalAssets39.41M86.15M131.07M148.47M
TotalNonCurrentAssets12.68M44.65M40.44M11.32M
OtherNonCurrentAssets631.14K491.92K
InvestmentsAndAdvances650.00K6.43M450.00K450.00K
OtherInvestments650.00K6.43M450.00K450.00K
GoodwillAndOtherIntangibleAssets3.95M29.84M35.16M4.07M
OtherIntangibleAssets3.95M29.84M33.55M4.07M
Goodwill0.001.60M0.00
NetPPE8.08M8.37M4.83M6.31M
AccumulatedDepreciation-6.73M-7.30M-6.26M-5.86M
GrossPPE14.81M15.67M11.10M12.17M
Leases2.84M3.16M826.33K797.06K
OtherProperties8.81M9.09M7.02M7.73M
MachineryFurnitureEquipment3.16M3.41M3.25M3.64M
Properties0.000.000.000.00
CurrentAssets26.72M41.50M90.63M137.15M
OtherCurrentAssets1.07M1.34M1.51M2.05M
PrepaidAssets372.08K403.80K998.67K504.05K
Inventory4.81M9.00M11.27M12.15M
InventoriesAdjustmentsAllowances-7.94M-5.78M-1.42M-1.13M
FinishedGoods3.88M4.88M1.94M1.47M
WorkInProcess264.71K394.92K344.24K226.13K
RawMaterials8.62M9.50M10.40M11.58M
Receivables2.28M4.20M4.29M2.24M
OtherReceivables673.50K374.04K269.13K
AccountsReceivable1.61M3.83M4.03M2.24M
AllowanceForDoubtfulAccountsReceivable-89.00K-1.57M
GrossAccountsReceivable1.70M5.40M
CashCashEquivalentsAndShortTermInvestments18.19M26.56M72.56M120.20M
CashAndCashEquivalents18.19M26.56M72.56M120.20M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-26.66M-42.86M-43.39M-31.83M
RepurchaseOfCapitalStock0.00-470.76K-2.01M0.00
IssuanceOfDebt0.000.00
IssuanceOfCapitalStock8.18M0.000.0091.61M
CapitalExpenditure-2.92M-16.58M-18.87M-4.85M
EndCashPosition18.19M26.56M72.56M120.20M
BeginningCashPosition26.56M72.56M120.20M36.07M
ChangesInCash-8.37M-46.01M-47.64M84.13M
FinancingCashFlow18.29M-449.56K-1.95M115.97M
CashFlowFromContinuingFinancingActivities18.29M-449.56K-1.95M115.97M
NetOtherFinancingCharges10.00M-1.14M
ProceedsFromStockOptionExercised110.76K21.20K57.71K35.50M
CashDividendsPaid0.000.00-10.00M
PreferredStockDividendPaid0.000.00-10.00M
NetCommonStockIssuance8.18M-470.76K-2.01M91.61M
CommonStockPayments0.00-470.76K-2.01M0.00
CommonStockIssuance8.18M0.000.0091.61M
NetIssuancePaymentsOfDebt0.000.00
NetLongTermDebtIssuance0.000.00
LongTermDebtIssuance0.000.00
InvestingCashFlow-2.92M-19.28M-21.17M-4.85M
CashFlowFromContinuingInvestingActivities-2.92M-19.28M-21.17M-4.85M
NetOtherInvestingChanges-200.00K
NetInvestmentPurchaseAndSale0.00-2.50M0.000.00
PurchaseOfInvestment0.00-2.50M0.000.00
NetBusinessPurchaseAndSale0.000.00-2.30M0.00
PurchaseOfBusiness0.000.00-2.30M0.00
NetIntangiblesPurchaseAndSale-1.56M-11.26M-17.15M-1.04M
PurchaseOfIntangibles-1.56M-11.26M-17.15M-1.04M
NetPPEPurchaseAndSale-1.36M-5.32M-1.72M-3.81M
PurchaseOfPPE-1.36M-5.32M-1.72M-3.81M
OperatingCashFlow-23.74M-26.28M-24.52M-26.98M
CashFlowFromContinuingOperatingActivities-23.74M-26.28M-24.52M-26.98M
ChangeInWorkingCapital-1.17M-1.88M-2.54M-7.00M
ChangeInOtherWorkingCapital107.06K-10.22K1.27K-13.36K
ChangeInPayablesAndAccruedExpense-2.54M936.52K-497.03K984.47K
ChangeInAccruedExpense-1.47M745.90K251.23K436.28K
ChangeInPayable-1.07M190.61K-748.26K548.20K
ChangeInAccountPayable-1.03M358.88K-843.01K537.61K
ChangeInTaxPayable-38.56K-168.27K94.75K10.59K
ChangeInIncomeTaxPayable-38.56K-168.27K94.75K10.59K
ChangeInPrepaidAssets303.12K762.71K-589.86K-545.84K
ChangeInInventory19.29K-2.09M593.61K-6.57M
ChangeInReceivables941.15K-1.48M-2.05M-853.55K
ChangesInAccountReceivables1.24M-1.84M-1.32M-853.55K
StockBasedCompensation11.57M12.71M15.78M17.30M
ProvisionandWriteOffofAssets5.15M5.93M290.40K519.95K
AssetImpairmentCharge30.30M2.18M97.67K80.16K
DepreciationAmortizationDepletion3.93M4.93M2.59M2.31M
DepreciationAndAmortization3.93M4.93M2.59M2.31M
AmortizationCashFlow439.11K
AmortizationOfIntangibles439.11K
Depreciation1.87M
OperatingGainsLosses27.65K35.35K183.61K
GainLossOnSaleOfPPE27.65K0.0035.35K183.61K
NetIncomeFromContinuingOperations-73.54M-50.15M-40.76M-40.38M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for VUZI
Date User Asset Broker Type Position Size Entry Price Patterns