Wearable Devices Secures $3.3 Million in Direct Offering

The latest update is out from Wearable Devices Ltd. ( (WLDS) ).

On October 29, 2025, Wearable Devices Ltd. announced a Securities Purchase Agreement with an institutional investor for a registered direct offering of ordinary shares and pre-funded warrants, expected to raise approximately $3.3 million. This strategic move aims to bolster the company’s working capital and general corporate purposes, potentially enhancing its market position in the AI-powered wearables industry. The offering includes a concurrent private placement of warrants, subject to shareholder approval, and reflects the company’s ongoing efforts to expand its financial resources and operational capabilities.

The most recent analyst rating on (WLDS) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Wearable Devices Ltd. stock, see the WLDS Stock Forecast page.

Spark’s Take on WLDS Stock

According to Spark, TipRanks’ AI Analyst, WLDS is a Neutral.

Wearable Devices Ltd. faces significant challenges with profitability and cash flow despite strong revenue growth. Technical indicators suggest weak market momentum, and the valuation is unattractive due to negative earnings and lack of dividends. These factors contribute to a low overall stock score.

To see Spark’s full report on WLDS stock, click here.

More about Wearable Devices Ltd.

Wearable Devices Ltd. is a technology growth company specializing in AI-powered touchless sensing wearables. The company offers consumer products like the Mudra Band and Mudra Link, which enable touch-free control of digital devices using gestures. Operating through direct-to-consumer sales and enterprise collaborations, Wearable Devices focuses on enhancing user experiences in gaming, productivity, and XR environments.

Average Trading Volume: 8,274,574

Technical Sentiment Signal: Sell

Current Market Cap: $14.51M

For a thorough assessment of WLDS stock, go to TipRanks’ Stock Analysis page.