The WLDS Report

This newsletter outlines a stock analysis for Wearable Devices Ltd. (WLDS), a company specializing in AI-powered touchless sensing wearables.

Fundamental Analysis

Verifiable information for the company's financial performance is very limited and often outdated. The available data suggests the company is in a highly speculative growth phase, evidenced by significant operational losses and minimal revenue. For the fiscal year ending in September 2024, the company reported a net loss of -$3.214 million on revenue of only $885,000. It's a low-market-cap company with a focus on raising capital through stock offerings.

Technical Analysis

The stock is in an extremely volatile uptrend. Following a long period of decline that saw the stock hit a new all-time low, it has recently surged by over 400% in a single day, fueled by news of a new patent. However, this is a highly speculative stock, and such dramatic price swings can be followed by an equally steep decline. The stock is a battleground between buyers and sellers, and its technical rating is "Strong Buy" due to recent positive momentum.

Big News

• U.S. Patent Grant: The most significant recent news is the granting of a U.S. patent for its AI-powered voice and gesture control technology. This patent is seen as a key asset for the company.

• Reverse Stock Split: The company recently implemented a 1-for-10 reverse stock split to raise its share price and maintain its NASDAQ listing, a common move for low-priced stocks.

Expert Recommendations and Forecast

There is no analyst coverage or official price targets from major Wall Street firms for this stock. Its small market capitalization and volatile nature make it an unlikely candidate for formal analyst ratings. Therefore, no expert consensus exists on whether to "Buy," "Hold," or "Sell."

Earnings and Outlook

A firm date for the company's next earnings report is not publicly available. Based on its previous reporting schedule, the next earnings report is estimated to be in November 2025. This report will be a key event for investors to see if the company's new patents and capital-raising efforts are beginning to generate a profit.