Vuzix Corporation Common Stock (VUZI)

FairStock Score: 51/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable earning power, honest accounting, and a price that leaves a margin of safety. Vuzix fails the first test today. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.1 million and net income was -$7.6 million. For FY2025, revenue was $6.3 million and net income was -$32.3 million. FY2024 produced $5.8 million of revenue and a -$73.5 million net loss, while FY2023 had $12.1 million of revenue and a -$50.1 million net loss. The Peter Lynch category computed by FairStock is none, because the company has lost money in each of the last four years. That is not a business with a proven moat; it is an early-stage technology story in competitive consumer electronics. At the close on 2026-10-13, the price was $2.36, with a FairStock-calculated P/B of 8.14 and P/E of -6.05. For a loss-making company, paying more than eight times book is hard to justify. Trailing free cash flow was -$25.2 million, and the FCF yield was -12.7%. The Piotroski F-Score is 2/9, confirming weak financial signals. On the positive side, debt-to-equity is only 0.02, so leverage is not the immediate problem. FY2025 revenue of $6.3 million was also slightly above FY2024 revenue of $5.8 million, and the FY2025 net loss narrowed from FY2024. Still, the company burns cash, earns no profit, and trades at a rich multiple of book. Graham would call this speculative, not investment-grade, until earnings and cash flow appear.

In plain English: Vuzix makes smart glasses and augmented reality parts for business and industrial uses. The business looks weak because it brings in very little revenue and loses millions of dollars, and the losses have continued for years. At $2.36 a share, the price looks expensive compared with the company's sales and losses.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q4 2025 10-K (period ended 2025-12-31) · fiscal Q3 2025 10-K (period ended 2025-09-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer