Innovative Eyewear Inc(LUCY)Stock Analysis
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Quality rankings require at least $50M annual revenue or $250M total assets to filter out micro-caps and shell companies. This company reported $2.7M in revenue.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
LUCY Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Innovative Eyewear Inc (LUCY), a Healthcare sector company. LUCY is not currently included in 13F Pro's AI-ranked quality universe — quality rankings require at least $50m annual revenue or $250m total assets to filter out micro-caps and shell companies. this company reported $2.7m in revenue. Based on the latest XBRL financial filings (Q1 2026), Innovative Eyewear Inc reports quarterly revenue of $773.6K, net income of $-2.3M, free cash flow of $-2.5M. Top institutional holders of LUCY by reported 13-F value include Cetera Investment Advisers, GEODE CAPITAL MANAGEMENT,, KEYBANK NATIONAL ASSOCIATION/OH, based on the most recent SEC filings. LUCY trades on the Nasdaq exchange and files with the SEC under CIK 1808377. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate LUCY daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Innovative Eyewear Inc directly from SEC EDGAR.
Revenue
Q1 2026
$773.6K
Net Income
Q1 2026
$-2.3M
Free Cash Flow
Q1 2026
$-2.5M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+148.0% YoYNet Income
-36.7% YoYEPS (Diluted)
-496.6% YoYTotal Assets
+109.8% YoYOp. Cash Flow
-109.0% YoY| Metric | FY 2024 | FY 2022 | FY 2021 |
|---|---|---|---|
| Revenue | $1.6M +148.0% | $659.8K -4.5% | $690.7K |
| Net Income | $-7.8M -36.7% | $-5.7M -75.1% | $-3.2M |
| EPS (Diluted) | $-2.60 -496.6% | $-0.43 | — |
| Total Assets | $9.8M +109.8% | $4.7M +468.9% | $824.3K |
| Operating Cash Flow | $-6.7M -109.0% | $-3.2M -165.6% | $-1.2M |
AI Insight: LUCY Financial Trends
Innovative Eyewear remains pre-revenue with flat $1M quarterly sales and persistent $2M net losses; cash burn stabilizing but business model unproven.
• Revenue flat at $1M per quarter since Q4 2024; no growth trajectory evident over 5 quarters.
• Net losses steady at $2M per quarter across all 8 quarters; no path to profitability visible.
• Operating cash outflow averaging $1.6M quarterly; equity buffer declined from $11M (Q3 2024, Q2 2025) to $8M (Q1 2026).
⚠ Equity erosion of $3M over 10 months; runway at current burn rate approximately 4 quarters without additional capital.
⚠ Operating income and total debt unreported; obscures leverage and cost structure clarity.
AI Insight: LUCY Ratio Trends
Innovative Eyewear remains deeply unprofitable with deteriorating returns; ROE fell to -110.4% in Q1 2026, reversing fragile Q3 2025 improvement.
• ROE and ROA consistently negative across all periods; Q1 2026 ROE of -110.4% marks worst quarter since Q2 2024's -106.1%.
• Modest improvement visible Q2–Q3 2025 (ROE improved from -94.9% to -71.7%), but gains fully reversed in Q4 2025–Q1 2026.
• NPM data sparse; Q4 2025 NPM of -194.8% indicates severe operating losses relative to revenue.
⚠ Sharp Q1 2026 deterioration (ROE -110.4%, ROA -97.4%) suggests underlying operational breakdown; investigate root cause.
⚠ No operating or profitability margins reported; inability to isolate margin drivers complicates diagnosis of path to profitability.
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Available Research
13F Pro tracks comprehensive data for Innovative Eyewear Inc including:
Top Institutional Holders of LUCY
Cetera Investment Advisers
$545.0K500,000 shGEODE CAPITAL MANAGEMENT, LLC
$65.4K60,517 shKEYBANK NATIONAL ASSOCIATION/OH
$16.4K15,000 shClear Street Group Inc.
$8.2K115,221 shTower Research Capital LLC (TRC)
$1.9K1,759 shCITADEL ADVISORS LLC
$1.8K28,103 shBRAVE ASSET MANAGEMENT INC
$1.7K31,388 shJONES FINANCIAL COMPANIES LLLP
$663.00614 shWELLS FARGO & COMPANY/MN
$327.00300 shUBS Group AG
$5.0083 sh
| Fund | Value | Shares |
|---|---|---|
| Cetera Investment Advisers | $545.0K | 500,000 |
| GEODE CAPITAL MANAGEMENT, LLC | $65.4K | 60,517 |
| KEYBANK NATIONAL ASSOCIATION/OH | $16.4K | 15,000 |
| Clear Street Group Inc. | $8.2K | 115,221 |
| Tower Research Capital LLC (TRC) | $1.9K | 1,759 |
| CITADEL ADVISORS LLC | $1.8K | 28,103 |
| BRAVE ASSET MANAGEMENT INC | $1.7K | 31,388 |
| JONES FINANCIAL COMPANIES LLLP | $663.00 | 614 |
| WELLS FARGO & COMPANY/MN | $327.00 | 300 |
| UBS Group AG | $5.00 | 83 |
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Popular Research
Is LUCY a good stock to buy?
13F Pro's AI-powered analysis of Innovative Eyewear Inc (LUCY) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for LUCY are available on the LUCY stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own LUCY?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling LUCY. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Innovative Eyewear Inc's investment landscape.