EssilorLuxottica Has Bright Future Ahead Amid Smart Glasses Push -- Market Talk

Dow Jones

2025/02/12

1630 GMT - EssilorLuxottica's earnings are accelerating on a steadily-growing optical market and a potential expansion of its smart glasses portfolio, Jefferies analysts say in a note. The Ray-Ban maker extended a partnership with Meta Platforms to develop smart-eyewear products with a new long-term agreement. Given Meta's ambitions in wearables, a broadened partnership or stakeholding seems possible, the analysts say. Jefferies analysts expect a third generation of smart glasses to be potentially ready for consumers in time for the 2025 holiday-shopping season. The broker upgrades its rating on the stock to buy from hold. Shares are up 1.8% at 277.20 euros. (helena.smolak@wsj.com)

(END) Dow Jones Newswires

February 11, 2025 11:30 ET (16:30 GMT)

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The Ray-Ban maker extended a partnership with Meta Platforms to develop smart-eyewear products with a new long-term agreement. Given Meta's ambitions in wearables, a broadened partnership or stakeholding seems possible, the analysts say. Jefferies analysts expect a third generation of smart glasses to be potentially ready for consumers in time for the 2025 holiday-shopping season. The broker upgrades its rating on the stock to buy from hold. Shares are up 1.8% at 277.20 euros. 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The Ray-Ban maker extended a partnership with Meta Platforms to develop smart-eyewear products with a new long-term agreement. Given Meta's ambitions in wearables, a broadened partnership or stakeholding seems possible, the analysts say. Jefferies analysts expect a third generation of smart glasses to be potentially ready for consumers in time for the 2025 holiday-shopping season. The broker upgrades its rating on the stock to buy from hold. Shares are up 1.8% at 277.20 euros. 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The Ray-Ban maker extended a partnership with Meta Platforms to develop smart-eyewear products with a new long-term agreement. Given Meta's ambitions in wearables, a broadened partnership or stakeholding seems possible, the analysts say. Jefferies analysts expect a third generation of smart glasses to be potentially ready for consumers in time for the 2025 holiday-shopping season. The broker upgrades its rating on the stock to buy from hold. Shares are up 1.8% at 277.20 euros. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ESLOY":"EssilorLuxottica","BK4202":"服装、服饰与奢侈品","BK4198":"医疗保健用品"},"translate_title":"EssilorLuxottica在智能眼镜推动下前景光明——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ESLOY":0.9},"content_text":"1630 GMT - EssilorLuxottica's earnings are accelerating on a steadily-growing optical market and a potential expansion of its smart glasses portfolio, Jefferies analysts say in a note. The Ray-Ban maker extended a partnership with Meta Platforms to develop smart-eyewear products with a new long-term agreement. Given Meta's ambitions in wearables, a broadened partnership or stakeholding seems possible, the analysts say. Jefferies analysts expect a third generation of smart glasses to be potentially ready for consumers in time for the 2025 holiday-shopping season. The broker upgrades its rating on the stock to buy from hold. Shares are up 1.8% at 277.20 euros. (helena.smolak@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 11, 2025 11:30 ET (16:30 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}