Vuzix Corporation (VUZI) Increases Smart Glasses Rollouts, Partners with AR Alliance, Analyst Maintains Buy Rating
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Updated: 1 hour ago0mins
Vuzix Corporation's Recent Orders: Vuzix secured nearly $1 million in repeat orders for its M400 smart-glasses kits from a major global online retailer, expanding its warehouse program into the U.S. and Canada.
Membership in The AR Alliance: Vuzix joined The AR Alliance, aiming to enhance augmented reality development and promote collaboration, innovation, and open standards within the AR industry.
Analyst Rating: Craig-Hallum analyst Christian Schwab reaffirmed a Buy rating for Vuzix, setting a price target of $6.00, indicating confidence in the company's growth potential.
Focus on AR Hardware: Vuzix is a leading AR hardware company with a strong portfolio of smart glasses and wearable displays, supported by over 450 patents in optics and AR technologies.
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About VUZI
Vuzix Corporation is engaged in designing, manufacturing and marketing of artificial intelligence (AI)-powered Smart Glasses, Waveguides and Augmented Reality (AR) technologies, components and products for the enterprise, medical, defense and consumer markets. The Company's products include head-mounted smart personal display and wearable computing devices that offer users a portable quality viewing experience, provide solutions for mobility, wearable displays and augmented reality, as well as original equipment manufacturers (OEM) waveguide optical components and display engines. It holds 425 patents and patents pending and numerous intellectual property (IP) licenses in the fields of optics, head-mounted displays, and the augmented reality wearables field. Its products include M400 and M4000 Smart Glasses (M series), Vuzix Blade Smart Glasses, Vuzix Shield Smart Glasses, Vuzix Z100 Smart Glasses and Mobilium Logistics Mobility Software.
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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