Wearable Devices Ltd. $WLDS Has A Big Opportunity... (Meta / Apple are behind)
Lets start off with the obvious, they are at a huge point of weakness rn, as they only have a $2M market cap. Clearly a pivotal point in the value of the company and their future. They could go belly up and bankrupt tomorrow or could breakout and start an upward journey. I'm seeing hints at the latter and I'll explain everything the best I can. THEY COULD POTENTIALLY BEAT APPLE AND META TO THE PUNCH.
- New recognition from CES 2025, Wearable Devices Ltd. won an honoree award at CES 2025 as a consumer electronic tech. They showcased how adaptive and responsive their Mudra band is and how machine learning and AI pick up an individual's EGM in their wrist to seamlessly display on a screen interactions like playing games, swiping on socials, or browsing the web. ALL from thin air. This gained wide exposure and surely will result in sales... but how many is still to be known. Google trends shows a heavy increase in search for their key products. (see images)
- They just started shipping to customers literally right now at the end of January 2025. This will result in (again) increased sales now that pre-orders are being filled and advertised marketing has begun.
- They finished 2 public offerings, this to me seems like a good sign for a company with a decent amount of debt, they already finished 2 public offerings in the span of just 2 months. It's possible they have another offering but if they make even decent sales they likely won't. The public offerings would have likely satisfied their NASDAQ minimum requirement for $2.5m stockholder equity as well.
- Working closely with RayNeo owned by TCL (a $54b networth company) and are going to be partnering for the upcoming RayNeo X3 Pro AR glasses which are set to be released mid-2025. If TCL puts their marketing towards this product in collaboration with Mudra Link.... We're going to see BIG numbers as RayNeo is a leading pioneer right now in AR glasses. This btw allows users to use both AR glasses and their Mudra Link to have a truly augmented and device-less experience that hasn't been seen before.
- This is AR space is being taken VERY seriously by big tech like Apple and Meta... And the craziest thing is Wearable Devices is literally beating these guys to the punch, these products are coming this YEAR. Meta Orion isn't expected until late 2027 and that's just an estimate. Apple Vision is also thousands of dollars, this AR experience with RayNeo and Mudra Link will be far less expensive allowing a broader portion of consumers to enjoy them.
Now for the chart, they lost a lot of steam recently because of the 2 public offerings and also a NASDAQ minimum requirement notification. Not to mention the lengthy wait for them to officially sell their Mudra Link, personally for me I would keep an eye on this stock, it has had downward pressure. I would DCA a small amount once I start to see the price bottom out and a breakout begin, happy investing.
Please remember people this is not financial advise and we are, once again, dealing with a highly speculative company at a tremendously low-value market cap of $2m. Do not invest more than you can afford to lose.