Vuzix Corporation designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets in North America, the Asia-Pacific, Europe, and internationally. It provides M300XL, M400, and M4000 series of smart glasses for enterprise, industrial, commercial, and medical markets; Vuzix Blade smart glasses; waveguide optics and related coupling optics; and other AR products, such as binocular next generation smart glasses and AR smart glasses product with 3D, stereo cameras, and 3D camera vision, as well as custom and engineering solutions. The company sells its products through resellers, direct to commercial customers, and via online stores, as well as various Vuzix operated web stores. It has a collaboration agreement with AmbiFi. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in September 2007. Vuzix Corporation was founded in 1997 and is headquartered in West Henrietta, New York.
IPO Year:
Exchange: NASDAQ
Website: vuzix.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/10/2023 | Buy → Neutral | BTIG Research | |
| 12/21/2021 | $15.00 | Buy | Dawson James |
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BTIG Research downgraded Vuzix from Buy to Neutral
Dawson James initiated coverage of Vuzix with a rating of Buy and set a new price target of $15.00
Maxim Group downgraded Vuzix from Buy to Hold
BTIG initiated coverage of Vuzix with a rating of Buy and set a new price target of $30.00
BTIG Research initiated coverage of Vuzix with a rating of Buy
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ROCHESTER, N.Y., and CHICAGO, Oct. 2, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today announced a strategic partnership with BUNDLAR, a no-code augmented reality content management system (CMS) platform. The collaboration positions both companies to capitalize on accelerating global demand for extended reality (XR) solutions across enterprise and government markets. Through the partnership, BUNDLAR's Knowledge Now platform will enable en
ROCHESTER, N.Y., Sept. 29, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, announced today that it has received a six-figure development order for customized waveguides from one of the nation's leading defense contractors. These waveguides will be designed to be used within a new lightweight heads-up display (HUD) for military personnel. "Our advanced see-through display technologies and U.S.-based manufacturing capabilities are increasingly
ROCHESTER, N.Y., Sept. 23, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, and TCL China Star Optoelectronics Technology ("TCL CSOT"), a leading display panel manufacturer specializing in advanced display technologies, today announced a long-term partnership to jointly propel the integration of microLED displays and waveguide optics. This partnership aims to deliver integration-friendly, scalable, and cost-effective optical solutions for the smart glasses industry.
ROCHESTER, N.Y., Sept. 22, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of smart glasses and augmented reality (AR) technology, today announced that it has successfully achieved the milestones tied to its strategic investment agreement with Quanta Computer Inc. (TWSE: 2382.TW) ("Quanta"). As a result, Vuzix has received the third tranche of funding, bringing Quanta's total investment in the Company to $20 million, as provided for under its September 3, 2024 securities purchase agreement ("SPA") with Quanta. The release of
SHENZHEN, China and ROCHESTER, N.Y., Sept. 19, 2025 /PRNewswire/ -- Saphlux, Inc. ("Saphlux"), a leader in quantum dot MicroLED displays, and Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today announced a strategic collaboration to deliver a high-performance optical solution, accelerating the adoption of next-generation AI/AR glasses. Saphlux will supply its T1-0.13" mono-green MicroLED microdisplay, offering exceptional brightness, uniformity, and proven mass-production capabil
ROCHESTER, N.Y., Sept. 15, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, is pleased to announce that the Company will be participating in the following trade show this week: September 17-20 Vision Expo West 2025 The Venetian Expo, 201 Sands Avenue Las Vegas, NV Vuzix will be attending Vision Expo West 2025 in Las Vegas this year and welcomes the opportunity to connect with industry leaders across the eyewear ecosystem. As a US-based devel
ROCHESTER, N.Y., Sept. 9, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, is pleased to announce that the Company will be participating in two key trade shows this week: September 9-10 ASCM CHAINge: North America 2025Greater Columbus Convention Center at 400 N High Street Columbus, OH At this premier gathering of North American supply chain leaders, Vuzix will have on display for the first time its recently introduced LX1 smart glas
ROCHESTER, N.Y., Sept. 8, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, advanced waveguides, and augmented reality (AR) technologies for defense and enterprise applications, today announced the appointment of Dr. Chris Parkinson as President, Enterprise Solutions at Vuzix. A pioneer in enterprise smart glasses and the visionary co-founder behind RealWear, Dr. Parkinson joins Vuzix to lead its enterprise business into a new era of strategic growth, platform resilience, and global scale. Dr. Pa
ROCHESTER, N.Y., Aug. 14, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today reported its second quarter results for the three months ended June 30, 2025. "During the second quarter of 2025, Vuzix met all the manufacturing and performance gates tied to receipt of the second Quanta tranche and received that $5 million, bringing Quanta's investment thus far to $15 million out of a planned $20 million," said Paul Travers, President and CEO of Vu
- 10-hour runtime and true hands-free operation set new performance standard for full-shift warehouse usage ROCHESTER, N.Y., Aug. 12, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today announced Vuzix LX1™ smart glasses, a purpose-built ruggedized solution for hands-free operation in the warehouse that can support a single shift on one charge. The LX1, which was designed by Vuzix with its years of smart glasses experience, will be manufactured by Vuzix partner Quanta Computer bringing their excellence in manufacturing and quality. The LX1 is expected to
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ROCHESTER, N.Y., Sept. 8, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of AI-powered smart glasses, advanced waveguides, and augmented reality (AR) technologies for defense and enterprise applications, today announced the appointment of Dr. Chris Parkinson as President, Enterprise Solutions at Vuzix. A pioneer in enterprise smart glasses and the visionary co-founder behind RealWear, Dr. Parkinson joins Vuzix to lead its enterprise business into a new era of strategic growth, platform resilience, and global scale. Dr. Pa
ROCHESTER, N.Y., May 27, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides, and augmented reality (AR) technologies, today announced that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2025 Russell indexes annual reconstitution, according to a preliminary list of additions posted by FTSE Russell on May 23, 2025. Vuzix' inclusion will become effective after the US market opens on June 27. Annual Russell indexes reconstitution captures the 3,000 largest US stocks, r
Ophthalmologist Doctor Shabbir Khambati appointed as a founding board memberROCHESTER, N.Y., Jan. 29, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that it has established an Optometry Advisory Board (OAB), whose primary purpose will be to provide strategic input, guidance, and recommendations to Company management on vision correction issues and how to better build products and services to meet Vuzix' customer vision requirements. The Company also announces the appointment of Doctor Shabbir Khambati to this board as the chair and a founding board mem
- Quanta to utilize Vuzix' advanced waveguides and display engines to manufacture next generation lightweight smart glasses ROCHESTER, N.Y., Nov. 15, 2023 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, and Quanta Computer ("Quanta"), a Global Fortune 500 Company and worldwide leading Original Design Manufacturer (ODM), today announced that the two firms have entered into a partnership agreement which will support the manufacture of next generation lightweight smart glasses for the broader markets.
ROCHESTER, N.Y., Jan. 11, 2022 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to announce that the Company has appointed business operations, manufacturing, and technology veteran Pete Jameson to the open role of Chief Operating Officer (COO). Mr. Jameson joined Vuzix in January 2021 and had served as General Manager of Vuzix until this appointment. Mr. Jameson brings a wealth of general management and operating experience to his new position. Prio
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ROCHESTER, N.Y., Aug. 14, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, today reported its second quarter results for the three months ended June 30, 2025. "During the second quarter of 2025, Vuzix met all the manufacturing and performance gates tied to receipt of the second Quanta tranche and received that $5 million, bringing Quanta's investment thus far to $15 million out of a planned $20 million," said Paul Travers, President and CEO of Vu
ROCHESTER, N.Y., July 31, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides, and augmented reality (AR) technologies, is pleased to announce that the Company will host a conference call regarding its second quarter 2025 operating results at 4:30 PM Eastern Time (ET), August 14, 2025. To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time. Partic
TAINAN, Taiwan and ROCHESTER, N.Y., May 14, 2025 (GLOBE NEWSWIRE) -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies and Himax Technologies, Inc. (NASDAQ:HIMX) ("Himax"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced the joint debut of a next-generation AR optical module at Display Week 2025, one of the premier symposiums and exhibitions in the display industry and taking place May 11–16, 2025 in San Jose, California. The demonstration features Himax's latest ultra-luminous, miniature Dual-Edge Front-lit LCoS microdisplay seamles
TAINAN, Taiwan and ROCHESTER, N.Y., May 14, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix"), a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies and Himax Technologies, Inc. (NASDAQ:HIMX) ("Himax"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced the joint debut of a next-generation AR optical module at Display Week 2025, one of the premier symposiums and exhibitions in the display industry, taking place May 11–16, 2025 in San Jose, California. The demonstration features Himax's latest ultra-luminous, miniature Dual-Edge Front-lit color LCoS microdisplay seamlessly
ROCHESTER, N.Y., May 12, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of smart glasses, waveguides, and Augmented Reality (AR) technologies, today reported its first quarter results for the three months ended March 31, 2025. "2025 has thus far been marked by important developments for Vuzix that span commercial and technology relationships, expansion of customer deployments, and enhancements enabling product execution," said Paul Travers, President and CEO of Vuzix. "Vuzix is entering a phase of increasing commercial mome
ROCHESTER, N.Y., May 5, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides, and augmented reality (AR) technologies, is pleased to announce that the Company will host a conference call regarding its first quarter 2025 operating results at 4:30 PM Eastern Time (ET), May 12, 2025. To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time. Participants
- New facility enables state-of-the-art waveguide designs to accelerate development of AI-enabled smart glasses ROCHESTER, N.Y., April 29, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), a leading supplier of smart glasses, waveguides, and Augmented Reality (AR) technologies, today announced the acquisition of an advanced waveguide R&D facility in Milpitas, California. The facility, previously operated by a global technology leader known for its extensive work in software, AI, and augmented reality, will now serve as a key waveguide tools development and innovation hub for Vuzix and its ODM/OEM customers' next-generation AI-driven smart glasses. This strategic acquisition will enable
ROCHESTER, N.Y., March 13, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of AI-driven smart glasses, waveguides and Augmented Reality (AR) technologies, today reported its fourth quarter and full year financial results for the year ended December 31, 2024. "In 2024, the AI and AR smart glasses market continued to evolve, and Vuzix made major advancements in product innovation, technology, customer engagement, and strategic partnerships," said Paul Travers, President and CEO of Vuzix. "Our partnership with Quanta Computer,
ROCHESTER, N.Y., Feb. 28, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides and augmented reality (AR) technology, is pleased to announce that the Company will host a conference call regarding its fourth quarter and full year 2024 operating results on Thursday, March 13, 2025 at 4:30 PM Eastern Time (ET). To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the schedu
ROCHESTER, N.Y., Nov. 14, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ:VUZI) ("Vuzix" or the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies, today reported its financial results for the third quarter ended September 30, 2024, and provided updates on its strategic progress. "During the quarter, Vuzix made meaningful advancements across key areas, including its partnership with Quanta Computer, which delivered the first $10 million tranche of a $20 million multi-phase equity investment. This collaboration is expected to accelerate the
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