Macquarie believes that Conant Optical's recent partnership with a leading smart glasses technology company is a significant milestone, highlighting its expertise in ultra-thin lens technology and its ability to co-develop next-generation smart glasses. Despite lowering EPS forecasts for 2026 and 2027 due to reduced revenue projections for its AI glasses business, Macquarie maintains an Outperform rating and adjusts the target price downwards based on an unchanged price-to-earnings ratio.
