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The latest update is out from Tekcapital ( (GB:TEK) ).
Innovative Eyewear, a Tekcapital portfolio company and smart eyewear manufacturer, reported preliminary unaudited sales of about $1m for the fourth quarter of 2025, up roughly 45% year-on-year, and estimated full-year 2025 revenue of $2.7m, a 65% increase from 2024, driven by strong traction for its Lucyd Armor smart safety line and Reebok sport collection. The company has built out a global fulfilment network and now commands an estimated 44% share of Amazon’s smart safety glasses segment, which, alongside management’s stated intention to buy shares on the open market, underscores confidence in its strategy and positions the business to pursue wider retail and optical chain distribution in the expanding smart eyewear market, with potential upside for Tekcapital as a significant minority shareholder.
The most recent analyst rating on (GB:TEK) stock is a Hold with a £10.00 price target. To see the full list of analyst forecasts on Tekcapital stock, see the GB:TEK Stock Forecast page.
Spark’s Take on GB:TEK Stock
According to Spark, TipRanks’ AI Analyst, GB:TEK is a Neutral.
The score is held back primarily by weak financial performance—especially persistent negative operating/free cash flow and highly volatile, very small revenue—despite a conservatively positioned, debt-free balance sheet. Technicals are moderately supportive with the price above major moving averages, and valuation looks inexpensive on P/E, but those positives are offset by operating instability and cash burn.
To see Spark’s full report on GB:TEK stock, click here.
More about Tekcapital
Tekcapital is a UK-based intellectual property investment group that backs university-developed innovations with the potential to improve everyday life, and is listed on London’s AIM market. One of its portfolio companies is Innovative Eyewear, a US developer and manufacturer of ChatGPT-enabled Bluetooth smart glasses sold under the Lucyd, Nautica, Eddie Bauer and Reebok brands, targeting optical, sunglasses, sporting goods and safety eyewear markets; Tekcapital currently holds 4.73% of Innovative Eyewear’s share capital.
Average Trading Volume: 493,572
Technical Sentiment Signal: Buy
Current Market Cap: £23.25M
See more insights into TEK stock on TipRanks’ Stock Analysis page.