Jun. 25 at 12:59 PM
$VUZI Great observations on market share and target markets. In last year’s fact sheet Vuzix used a 10% waveguide market share example to show potential revenue streams. In 2030 estimated 100M smart glasses at 10% waveguide market share is
$600M/yr. In addition, by 2028 they used 20% enterprise market share example for another
$50M to
$200M per year. This is in line with my personal YE 2027 estimates. If the smart glasses market hits these numbers, and it’s certainly looking like it and maybe even much higher, then Vuzix will be golden.
Last 2 years Vuzix revenue was around
$6M/yr. You can use your own market share numbers, but regardless Vuzix is headed for parabolic revenue growth (and market cap growth) over the next several years. This is one of those rare opportunities…no brainer right now imho if you can lock some up in the vault.