EssilorLuxottica Shares Gain Momentum on AI Eyewear and Analyst Upgrade

Shares of EssilorLuxottica are attracting significant investor interest following a major analyst upgrade and the successful launch of its next-generation smart eyewear developed in partnership with Meta Platforms Inc. These developments are expected to accelerate the company’s growth trajectory in the burgeoning tech-infused eyewear market.

The collaboration with Meta Platforms has culminated in the introduction of two advanced AI-powered eyewear models, reinforcing EssilorLuxottica’s position at the intersection of optical care and cutting-edge technology. The new products, unveiled on September 18, are:

• Meta Ray-Ban Display: Priced from $799 and available from September 30. This model incorporates a miniature display within the right lens and is controlled via hand gestures using a companion wristband.
• Oakley... Read more...