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Ray-Ban maker shares hits all-time high as investors bet on Meta AI glasses boom
Oct 17 (Reuters) - Shares in Ray-Ban maker EssilorLuxottica (ESLX.PA), opens new tab rose 14% to hit an all-time high on Friday, adding nearly $20 billion in market value as investor enthusiasm for its AI-powered Ray-Ban Meta (META.O), opens new tab glasses gathered momentum. The Paris-listed
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Ray-Ban maker EssilorLuxottica says Meta smart glasses are boosting growth
Meta Ray-Ban Gen 2 AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. EssilorLuxottica said a healthy amount of its revenue growth in the third quarter was due to its partnership with Meta, primarily from its Ray-Ban brand, to develop and sell
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Meta's Ray-Ban Maker Says Its AI Smart Glasses Could Be the New Smartphone as Sales Skyrocket
EssilorLuxottica says sales of the glasses had tripled by mid-year and further contributed to the company's 11% revenue growth in the third-quarter. Meta CEO Mark Zuckerberg thinks smart glasses could be the new smartphone, and Meta's partnership with the world's biggest eyewear maker,
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Ray-Ban maker shares hits all-time high as investors bet on Meta AI glasses boom
Shares in Ray-Ban maker EssilorLuxottica rose 14 per cent to hit an all-time high on Friday, adding nearly US$20 billion in market value as investor enthusiasm for its AI-powered Ray-Ban Meta glasses gathered momentum. The Paris-listed group, founded by late Italian entrepreneur Leonardo Del
[5]
Ray-Ban maker shares hits all-time high as investors bet on Meta AI glasses boom
(Reuters) -Shares in Ray-Ban maker EssilorLuxottica rose 14% to hit an all-time high on Friday, adding nearly $20 billion in market value as investor enthusiasm for its AI-powered Ray-Ban Meta glasses gathered momentum. The Paris-listed group, founded by late Italian entrepreneur Leonardo Del
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EssilorLuxottica sales boosted by Meta AI glasses
(Reuters) -Ray-Ban maker EssilorLuxottica posted record third-quarter sales on Thursday and said it would accelerate production capacity for its booming smart glasses business. The eyewear giant, which is riding a wave of consumer appetite for AI-powered wearables, said revenue in the quarter
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Ray-Ban maker EssilorLuxottica's stock hits an all-time high, driven by strong demand for AI-powered smart glasses developed in partnership with Meta. The company reports exceptional Q3 growth, with wearables contributing significantly to sales.
Eyewear giant EssilorLuxottica's shares hit an all-time high, propelled by its AI-powered Ray-Ban Meta smart glasses, a successful Meta collaboration
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. Strong Q3 sales, significantly boosted by these wearables, fueled substantial market growth. Accelerated production and expanded global distribution by early 2026 mark EssilorLuxottica's smart eyewear leadership2
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Source: Entrepreneur
EssilorLuxottica's smart glasses success revitalized the eyewear computer sector, attracting renewed interest from major tech players. Google, Samsung, and Apple are reportedly developing their own smart glasses, signaling a highly competitive and innovative future for wearables, now poised for significant advancements
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.Source: BNN
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Analysts predict smart glasses will be a transformative innovation, disrupting markets akin to mobile phones, with substantial global sales projected by 2035
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. EssilorLuxottica's CFO and Meta's CEO envision glasses replacing most smartphone functions, becoming primary, context-aware computing devices integrated into daily life3
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Source: Reuters
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