Vuzix (VUZI) AI Stock Analysis

• Market Cap: $173.87M
• Dividend Yield: N/A
• Average Volume (3M): 1.95M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.05
• Revenue Growth: -4.31%
• EPS Growth: 59.68%
• Country: US
• Employees: 76
• Sector: Technology
• Sector Strength: 88
• Industry: Consumer Electronics
• EPS (TTM): -0.10
• Shares Outstanding: 80,126,490
• 10 Day Avg. Volume: 1,677,105
• 30 Day Avg. Volume: 1,950,876
• PEG Ratio: -0.10
• Price to Book (P/B): 7.17
• Price to Sales (P/S): 46.45
• P/FCF Ratio: -10.03
• Enterprise Value/Market Cap: 1.33
• Enterprise Value/Revenue: 43.51
• Enterprise Value/Gross Profit: -38.34
• Enterprise Value/Ebitda: -6.65
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: $2.50 ▼(-38.73% Downside)

Vuzix's overall stock score is primarily impacted by its weak financial performance and valuation, reflecting ongoing losses and operational inefficiencies. Technical analysis indicates bearish trends, although oversold conditions suggest potential for a rebound. The earnings call provides some optimism with strategic partnerships and a strong cash position, but financial challenges remain a significant concern.

Positive Factors

Strategic Partnerships

The partnership with Quanta and investment boost Vuzix's production capacity and market reach, enhancing its competitive position in the AR market.

Cash Position

A strong cash position and no debt provide financial flexibility for Vuzix to invest in growth opportunities and weather economic uncertainties.

New Product Developments

Collaborations for advanced AR display technologies position Vuzix to lead in innovation, potentially driving future revenue growth.

Negative Factors

Revenue Decline

Declining revenue indicates challenges in product sales and market penetration, which could hinder long-term growth and profitability.

Increased R&D Expenses

Rising R&D costs without corresponding revenue growth can strain financial resources, impacting profitability and cash flow.

Negative Cash Flow

Persistent negative cash flow highlights operational inefficiencies, limiting Vuzix's ability to self-fund growth and innovation.

Vuzix Business Overview & Revenue Model

Company Description

Vuzix Corporation (NASDAQ: VUZI) is a leading supplier of smart glasses and augmented reality (AR) technology, primarily serving enterprise and industrial markets. The company focuses on developing and manufacturing wearable display technology, which includes products like the Vuzix Blade and Vuzix M-Series smart glasses. Vuzix's solutions enhance productivity, communication, and efficiency in various sectors, including logistics, manufacturing, healthcare, and field service.

How the Company Makes Money

Vuzix generates revenue primarily through the sale of its smart glasses and augmented reality display systems to businesses and organizations. The company has established key revenue streams from direct product sales, software licensing, and service contracts related to its AR solutions. Additionally, Vuzix has formed strategic partnerships with major companies and technology providers to enhance its product offerings and expand its market reach, contributing to its earnings. The company also explores opportunities in government and defense contracts, which can provide significant revenue potential.

Vuzix Financial Statement Overview

Summary

Vuzix is facing significant financial challenges with persistent losses, high operational costs, and inadequate revenue growth. Despite a strong equity base and low debt, the company struggles with profitability and cash flow issues, making its financial position precarious.

Income Statement

Vuzix has been experiencing significant financial challenges with consistently negative gross profit margins and net income. The gross profit has been negative for the latest year, and the company is incurring substantial losses at the EBIT and EBITDA levels. Revenue growth is minimal with a significant drop in profitability indicators, suggesting operational inefficiencies and high costs relative to revenues.

Balance Sheet

The balance sheet indicates a relatively strong equity position, with a high equity ratio of 94.6% and low debt levels, resulting in a low debt-to-equity ratio. However, the company has been unable to translate this into profitability, as indicated by the negative return on equity (ROE) due to substantial losses.

Cash Flow

Vuzix's cash flow situation is concerning, with negative operating cash flow and free cash flow. The free cash flow growth rate is trending negatively, and both operating and free cash flow to net income ratios are unfavorable, highlighting continued cash burn and insufficient cash generation to cover operational needs.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.31M	5.75M	12.13M	11.84M	13.16M	11.58M
Gross Profit	-6.03M	-4.87M	-1.75M	2.28M	2.89M	2.11M
EBITDA	-34.75M	-39.82M	-45.42M	-39.89M	-37.95M	-16.70M
Net Income	-37.31M	-73.54M	-50.15M	-40.76M	-40.38M	-17.95M
Balance Sheet
Total Assets	42.47M	39.41M	86.15M	132.31M	148.47M	52.47M
Cash, Cash Equivalents and Short-Term Investments	22.61M	18.19M	26.56M	72.56M	120.20M	36.07M
Total Debt	1.13M	494.24K	301.19K	956.16K	1.12M	1.52M
Total Liabilities	4.59M	2.11M	5.35M	15.58M	4.74M	4.17M
Stockholders Equity	37.89M	37.29M	80.79M	116.73M	143.73M	48.30M
Cash Flow
Free Cash Flow	-19.65M	-26.66M	-42.86M	-43.39M	-31.83M	-15.45M
Operating Cash Flow	-17.26M	-23.74M	-26.28M	-24.52M	-26.98M	-13.96M
Investing Cash Flow	-2.44M	-2.92M	-19.28M	-21.17M	-4.85M	-1.49M
Financing Cash Flow	28.04M	18.29M	-449.56K	-1.95M	115.97M	40.91M

Vuzix Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VUZI, the sentiment is Negative. The current price of 4.08 is above the 20-day moving average (MA) of 2.81, above the 50-day MA of 3.16, and above the 200-day MA of 2.64, indicating a bearish trend. The MACD of -0.34 indicates Positive momentum. The RSI at 30.99 is Neutral, neither overbought nor oversold. The STOCH value of 12.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VUZI.

Vuzix Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TBCH	62 Neutral	$259.35M	14.59	17.19%	―	6.43%	196.68%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
ZEPP	49 Neutral	$532.62M	-7.68	-24.39%	―	13.27%	-66.48%
FEBO	44 Neutral	$8.14M	-4.09	―	―	11.95%	-956.47%
VUZI	43 Neutral	$173.87M	-4.43	-96.37%	―	-4.31%	59.68%
WLDS	41 Neutral	$13.96M	-0.27	-268.12%	―	-9.05%	77.41%
GPRO	41 Neutral	$248.42M	―	-91.95%	―	-27.37%	70.46%

Vuzix Corporate Events

Vuzix Corporation Faces Financial Challenges Amid Revenue Decline

Vuzix Corporation, a company specializing in the development of wearable display technology, primarily operates in the smart glasses and augmented reality sector. In its latest earnings report, Vuzix Corporation highlighted a challenging financial period with a net loss of $23.7 million for the nine months ending September 30, 2025. The company’s total sales decreased to $4.04 million from $4.48 million in the same period last year, with both product sales and engineering services experiencing declines. Despite these setbacks, Vuzix managed to increase its cash reserves to $22.6 million, up from $18.2 million at the end of 2024, primarily through financing activities including the sale of preferred and common stock. Looking ahead, Vuzix Corporation’s management is focused on operational improvements and strategic partnerships to enhance its financial stability and market position.

Vuzix Completes Final Tranche with Quanta Computer

On September 19, 2025, Vuzix Corporation finalized the third and last tranche of its securities purchase agreement with Quanta Computer Inc., initially disclosed on September 3, 2024. This transaction involved selling 230,242 shares of Series B Preferred Stock to Quanta, which are convertible into common stock, at a price of $21.716 per share, utilizing an exemption from registration under the Securities Act of 1933.

The most recent analyst rating on (VUZI) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Vuzix stock, see the VUZI Stock Forecast page.

Vuzix Appoints New President for Enterprise Solutions

On September 3, 2025, Vuzix Corporation announced the appointment of Chris Parkinson, PhD., as the president of its Enterprise Solutions business unit. Dr. Parkinson’s compensation package includes a base salary, participation in bonus and equity incentive plans, and stock awards contingent on achieving specific financial targets by 2028, indicating a strategic focus on enhancing the unit’s performance and aligning leadership incentives with company growth objectives.

The most recent analyst rating on (VUZI) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Vuzix stock, see the VUZI Stock Forecast page.

Vuzix Earnings Call: Growth Amid Challenges

The recent earnings call for Vuzix Corporation painted a picture of cautious optimism. The company highlighted strategic partnerships and product launches that signal potential growth, with an uptick in revenue and significant investment milestones achieved. However, the financial metrics, such as gross and net losses, underscore ongoing challenges that the company faces as it navigates its growth trajectory.

Vuzix Corporation Reports Q2 2025 Earnings Growth

Vuzix Corporation, a leading provider of AI-powered smart glasses and augmented reality technologies, operates in the enterprise, medical, defense, and consumer markets. The company recently released its second-quarter 2025 earnings report, highlighting a significant milestone in its OEM business and the introduction of its new LX1 enterprise smart glasses.