From Nasdaq:

Vuzix Corporation will showcase AI-powered smart glasses at CES 2024 in Las Vegas. The exhibit will include Vuzix Ultralite S AR smart glasses OEM design, M-Series, Vuzix Shield, and AI optimization wearable. Visitors can explore real life applications such as surgical protocols and field service scenarios at Vuzix booth.

Paul Travers, Vuzix’s president and CEO, emphasized the importance of technology in the upcoming wave of AI and AR adoption. Despite facing challenges due to delayed orders, Vuzix continues to develop new products with advanced features.

Zacks Rank #3 (Hold) Vuzix is working on expanding its sales channels and is expected to benefit from the growing demand for its AI-enabled smart glasses. The company’s stock fell 41.5% in the last 12 months. Other stocks to consider include Zoom Video Communications Inc., NVIDIA Corporation, and Microsoft Corporation.

Shares of ZM, NVDA, and MSFT have risen 1.9%, 236.5%, and 65.5%, respectively, over the past year. The Zacks Consensus Estimate for Zoom’s fiscal 2024 earnings is $4.94 per share, NVIDIA’s is $12.29 per share, and Microsoft’s is $11.14 per share.

Vuzix Corporation (VUZI) : Free Stock Analysis Report. To read this article on Zacks.com click here.



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