{"id":41430,"date":"2025-07-09T11:35:18","date_gmt":"2025-07-09T11:35:18","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/07\/09\/essilorluxottica-share-price-jumps-on-metas-3-stake\/"},"modified":"2025-07-09T11:35:18","modified_gmt":"2025-07-09T11:35:18","slug":"essilorluxottica-share-price-jumps-on-metas-3-stake","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/07\/09\/essilorluxottica-share-price-jumps-on-metas-3-stake\/","title":{"rendered":"EssilorLuxottica share price jumps on Meta\u2019s 3% stake"},"content":{"rendered":"
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Shares in French-Italian eyewear giant EssilorLuxottica jumped more than 5% to \u20ac251.70 on Tuesday after reports emerged that Meta Platforms had acquired a nearly 3% stake in the company, worth approximately \u20ac3 billion ($3.5 billion). <\/p>\n

If gains hold, it would mark EssilorLuxottica\u2019s best trading day since mid-February.<\/p>\n

According to sources cited by Bloomberg and Reuters, Meta is considering further investments that could raise its stake to around 5% over time. <\/p>\n

The move reinforces Meta\u2019s long-term commitment to the AI-powered wearables space and highlights the strength of its existing collaboration with the Ray-Ban parent, particularly in the development of smart glasses.<\/p>\n

Analysts back the move, citing high growth, but warn of increased competition <\/h2>\n

Meta and EssilorLuxottica began working together in 2023 with the launch of Ray-Ban Meta smart glasses, which have seen strong consumer uptake. <\/p>\n

The social media company recently expanded its wearables portfolio by teaming up with Oakley to debut the Oakley Meta HSTN\u2014a new line of AI-enhanced glasses featuring open-ear audio, high-resolution cameras, water resistance, and Meta AI integration.<\/p>\n

Meta Platform’s reported minority-stake investment in EssilorLuxottica should be read as a vote of confidence in the Ray-Ban maker, Bernstein analysts said. <\/p>\n

It also supports Meta’s interest in the smart-glasses sector, a sector toward which Apple has pivoted recently, they said.<\/p>\n

“We have no doubt that the smart-glasses opportunity will be large, and EssilorLuxottica will likely benefit given its production and manufacturing prowess,” the analysts wrote in a research note. <\/p>\n

However, smart glasses may one day be sold in place of traditional glasses, which would impact the French company’s core business, they say.<\/p>\n

Analyst views on earnings <\/h2>\n

With second-quarter earnings around the corner, analysts expect EssilorLuxottica to post solid growth across all major markets. <\/p>\n

UBS forecasts sales of \u20ac7.24 billion for Q2, a 7% year-on-year increase at constant currency. <\/p>\n

While North America\u2014the company\u2019s largest market\u2014is projected to grow 4.1%, gains in Europe, Asia, and Latin America are expected to reach double digits.<\/p>\n

CEO Francesco Milleri previously stated that EssilorLuxottica plans to ramp up smart glasses production and deepen partnerships with Meta and other brands. <\/p>\n

The company\u2019s ability to scale such efforts could prove crucial in maintaining its competitive edge, especially as global tech firms accelerate their push into wearable devices.<\/p>\n

Still, the path forward is not without hurdles. <\/p>\n

Morgan Stanley recently trimmed its price target for EssilorLuxottica from \u20ac290 to \u20ac280, citing reduced expectations for earnings and profit growth between 2025 and 2027. <\/p>\n

The research firm, however, maintained its overweight rating, citing the company\u2019s unmatched vertical integration and global market leadership as key long-term strengths.<\/p>\n

Short-term boost, long-term opportunity<\/h2>\n

The smart glasses market is rapidly evolving, with Apple, Meta, and other tech giants placing increasing bets on AI-enabled wearables. <\/p>\n

While broader adoption remains several years away, Meta\u2019s investment signals confidence in the sector\u2019s trajectory and in EssilorLuxottica\u2019s position at its forefront.<\/p>\n

Ahead of its upcoming results, EssilorLuxottica is forecast to report first-half adjusted net income of \u20ac1.84 billion and revenue of \u20ac14.07 billion\u2014slightly below consensus estimates. <\/p>\n

Investor attention will likely focus on future growth commentary, particularly surrounding the momentum of smart glasses and the potential implications of further strategic investments by Meta.<\/p>\n<\/p>\n

The post EssilorLuxottica share price jumps on Meta’s 3% stake<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Shares in French-Italian eyewear giant EssilorLuxottica jumped more than 5% to \u20ac251.70 on Tuesday after reports emerged that Meta Platforms had acquired a nearly 3% stake in the company, worth approximately \u20ac3 billion ($3.5 billion). If gains hold, it would mark EssilorLuxottica\u2019s best trading day since mid-February. According to sources cited by Bloomberg and Reuters, <\/p>\n","protected":false},"author":1,"featured_media":41431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-41430","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/41430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=41430"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/41430\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/41431"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=41430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=41430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=41430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}