NasdaqCM:VUZI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	8	-36	N/A	N/A	1
12/31/2024	6	-68	N/A	N/A	1
9/30/2024	6	-80	-31	-26	N/A
6/30/2024	6	-82	-36	-29	N/A
3/31/2024	10	-50	-44	-31	N/A
12/31/2023	12	-50	-43	-26	N/A
9/30/2023	14	-41	-48	-27	N/A
6/30/2023	15	-40	-47	-26	N/A
3/31/2023	14	-40	-45	-22	N/A
12/31/2022	12	-41	-43	-25	N/A
9/30/2022	12	-41	-38	-26	N/A
6/30/2022	12	-43	-37	-25	N/A
3/31/2022	12	-42	-32	-27	N/A
12/31/2021	13	-40	-32	-27	N/A
9/30/2021	14	-33	-26	-22	N/A
6/30/2021	14	-28	-20	-18	N/A
3/31/2021	14	-23	-18	-16	N/A
12/31/2020	12	-20	-15	-14	N/A
9/30/2020	9	-26	-17	-16	N/A
6/30/2020	8	-27	-21	-20	N/A
3/31/2020	7	-27	-23	-21	N/A
12/31/2019	7	-28	-25	-22	N/A
9/30/2019	7	-24	-27	-23	N/A
6/30/2019	7	-24	-26	-21	N/A
3/31/2019	8	-25	-26	-22	N/A
12/31/2018	8	-24	-26	-23	N/A
9/30/2018	8	-24	-25	-22	N/A
6/30/2018	7	-25	N/A	-22	N/A
3/31/2018	6	-23	N/A	-19	N/A
12/31/2017	6	-21	N/A	-16	N/A
9/30/2017	5	-22	N/A	-16	N/A
6/30/2017	4	-21	N/A	-16	N/A
3/31/2017	3	-21	N/A	-15	N/A
12/31/2016	2	-21	N/A	-14	N/A
9/30/2016	2	-18	N/A	-13	N/A
6/30/2016	2	-15	N/A	-13	N/A
3/31/2016	2	-14	N/A	-12	N/A
12/31/2015	3	-15	N/A	-12	N/A
9/30/2015	3	-17	N/A	-10	N/A
6/30/2015	3	-18	N/A	-8	N/A
3/31/2015	3	-15	N/A	-6	N/A
12/31/2014	3	-8	N/A	-5	N/A
9/30/2014	3	-7	N/A	-6	N/A
6/30/2014	2	-6	N/A	-6	N/A
3/31/2014	2	-8	N/A	-6	N/A
12/31/2013	2	-10	N/A	-5	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VUZI is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: VUZI is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: VUZI is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: VUZI's revenue (31.5% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: VUZI's revenue (31.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if VUZI's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 08:52
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Vuzix Corporation is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Matthew VanVliet	BTIG
Jeffrey Van Rhee	Craig-Hallum Capital Group LLC
Christian Schwab	Craig-Hallum Capital Group LLC

Vuzix Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Consensus revenue estimates decrease by 30%

Consensus revenue estimates fall by 35%

Price target decreased by 14% to US$3.00

Consensus revenue estimates fall by 23%

Consensus EPS estimates fall by 12%

Price target decreased to US$8.50

Recent updates

Consensus revenue estimates decrease by 30%

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Vuzix Corporation Announces Android 13 Upgrade and Support for its M400 Enterprise Smart Glasses

New minor risk - Share price stability

Vuzix Corporation announced that it expects to receive $20 million in funding from Quanta Computer Inc.

Consensus revenue estimates fall by 35%

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Vuzix Introduces M400 Xtreme Smart Glasses for Use in A Variety of Harsh Workplace Environments

Vuzix Corporation(NasdaqCM:VUZI) dropped from Russell Small Cap Completeness Index

Price target decreased by 14% to US$3.00

Vuzix Corporation Announces its Intention to Offer High Durability Plastic Waveguide Design and Production Capabilities

Vuzix Revolutionizes the Display Technology Industry with Introduction of Large Format Waveguide Design and Manufacturing

Vuzix Corporation, Annual General Meeting, Jun 13, 2024

Vuzix Corporation announced delayed annual 10-K filing

New minor risk - Shareholder dilution

New minor risk - Market cap size

Vuzix Corporation Appoints Dr Shabbir Khambati as Chair

Revenues Tell The Story For Vuzix Corporation (NASDAQ:VUZI)

Vuzix Introduces Z100 Smart Glasses to Seamlessly Connect Workers with Ai Optimization Tools

Vuzix Corporation Announces to Showcase Robust Lineup of AI-Enabled Smart Glasses and Interactive, Demonstrations At Consumer Electronics Show

Consensus revenue estimates fall by 23%

New minor risk - Share price stability

We Think Vuzix (NASDAQ:VUZI) Needs To Drive Business Growth Carefully

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Vuzix Corporation to Report Q3, 2023 Results on Nov 09, 2023

Vuzix Corporation (NASDAQ:VUZI) Stocks Pounded By 29% But Not Lagging Industry On Growth Or Pricing

Will Vuzix (NASDAQ:VUZI) Spend Its Cash Wisely?

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Vuzix Corporation to Report Q2, 2023 Results on Aug 08, 2023

New minor risk - Share price stability

Vuzix Corporation(NasdaqCM:VUZI) dropped from Russell 2000 Growth Index

Consensus EPS estimates fall by 12%

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

We Think Vuzix (NASDAQ:VUZI) Needs To Drive Business Growth Carefully

Full year 2022 earnings: EPS and revenues miss analyst expectations

Vuzix Corporation Announces Smart Glasses Running on 4G and 5G Networks Continues to Steadily Expand

Vuzix® Corporation to Showcase At Consumer Electronics Show 2023 One of the Industry's Broadest and Most Competitive Lines of AR Smart Glasses

Price target decreased to US$8.50

Price target decreased to US$8.50

Vuzix Corporation Announces General Availability of M400C Smart Glasses

Vuzix Corporation (NasdaqCM:VUZI) acquired Moviynt, Inc.

Vuzix expands Asia-Pacific presence

Hodei Technology places initial order with Vuzix and partners for its new Klabra platform

Vuzix Announces General Availability of Blade 2™ Smart Glasses

Companies Like Vuzix (NASDAQ:VUZI) Are In A Position To Invest In Growth

Vuzix: Leading An Innovative Industry

Vuzix Announces Vuzix Blade 2™ Smart Glasses: High Performance AR Eyewear in A Stylish Form Factor for the Deskless Workforce

Vuzix Corporation Announces Vuzix M400 Smart Glasses Begin Use Case in Japan for Ambulance Emergency Medical Care

Price target increased to US$10.50

Second quarter 2022 earnings: EPS misses analyst expectations

Vuzix Corporation stock jumps on hope of positive second half

Vuzix Corporation Provides Revenue Guidance for the Second Half of 2022

Vuzix signs distribution agreement with Westbase.io for expansion in Northern Europe

Vuzix receives initial volume waveguide order

Vuzix: Vision Is Compelling But Timing Remains Off

We Think Vuzix (NASDAQ:VUZI) Can Afford To Drive Business Growth

Price target decreased to US$9.00

Vuzix Corporation Announces Releases OS Update, Version 2.5

Vuzix Corporation to Showcase Smart Glasses At Field Service Palm Springs 2022

Vuzix Corporation Introduces Zoom for Smart Glasses Application by Vuzix

Vuzix Corporation: Strong Sales Growth But Still Burning Cash

Vuzix Corporation Reports Unaudited Impairment of Patents and Trademarks for the Three Months Ended December 31, 2021

Vuzix Corporation announced delayed annual 10-K filing

We're Hopeful That Vuzix (NASDAQ:VUZI) Will Use Its Cash Wisely

Vuzix Corporation Smart Glasses Now Supports Microsoft Endpoint Manager to Streamline Device Onboarding and Provisioning for Microsoft Teams

Vuzix Corporation Needs To Start Proving Itself

Vuzix Corporation Showcases its New Shield ™ at CES 2022 as the World's First MicroLED-based Binocular Smart Glasses for Enterprise

Vuzix Corporation Introduces its New M400-C Smart Glasses