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EssilorLuxottica Faces Test to Grow Smart Glass Sales without Hurting ...
Analysts said the eyewear maker’s AI glasses remain a growth driver, but investors worry about margins and tougher 2026 comparisons.
- Shares in EssilorLuxottica slid on Thursday, falling around 5% in Paris, despite the company posting a 4.1 percent increase in first-quarter sales to 7.1 billion euros .
- Analysts at Oddo BHF noted that the company's foray into AI glasses is now seen as a source of risk, as investors remain wary of new U.S. competitors entering the smart glasses sector.
- Kepler Cheuvreux analysts called the 2026 growth outlook a "demanding target," while Ray-Ban Meta smart glasses yield lower profit margins than the company's core eyewear products.
- Analysts at Jefferies cautiously lowered organic growth expectations for 2026 from 10 to nine percent amid macroeconomic uncertainties, though Equita analyst Domenico Ghilotti wrote that near-term slowdown risks seem managed.
- Beyond smart glasses, EssilorLuxottica is pushing into medical technology with products like Nuance Audio glasses, as Fabio Caldato of AcomeA SGR noted that technology-intensive products help the company remain competitive.
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EssilorLuxottica sales slide as investors turn wary of AI glasses
Shares in EssilorLuxottica, the world's top maker of eyeglasses, slid on Thursday as analysts said investors have turned wary of AI glasses.
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Total News Sources17
Leaning Left1Leaning Right2Center8Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
C 73%
R 18%
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