NASDAQ:NEON - Neonode Stock Price, Forecast & News

Neonode's stock was trading at $2.04 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NEON shares have decreased by 23.0% and is now trading at $1.57. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Neonode in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Neonode.

Neonode is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Neonode.

Neonode, Inc (NASDAQ:NEON) issued its quarterly earnings results on Wednesday, March, 11th. The electronics maker reported ($0.27) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.15) by $0.12. The electronics maker earned $1.61 million during the quarter. Neonode had a negative net margin of 79.72% and a negative return on equity of 79.41%. View Neonode's earnings history.

Neonode shares reverse split on the morning of Monday, October 1st 2018. The 1-10 reverse split was announced on Monday, October 1st 2018. The number of shares owned by shareholders was adjusted after the market closes on Friday, September 28th 2018. An investor that had 100 shares of Neonode stock prior to the reverse split would have 10 shares after the split.

2 Wall Street analysts have issued 1 year price targets for Neonode's shares. Their forecasts range from $1.50 to $15.00. On average, they anticipate Neonode's share price to reach $8.25 in the next year. This suggests a possible upside of 425.5% from the stock's current price. View analysts' price targets for Neonode.

News headlines about NEON stock have been trending positive this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Neonode earned a news sentiment score of 2.1 on InfoTrie's scale. They also assigned media headlines about the electronics maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutNeonode.

Some companies that are related to Neonode include Trimble (TRMB), IPG Photonics (IPGP), Jabil (JBL), Mercury Systems (MRCY), Fabrinet (FN), Sanmina (SANM), Plexus (PLXS), KEMET (KEM), TTM Technologies (TTMI), Methode Electronics (MEI), CTS (CTS), Benchmark Electronics (BHE), Park Electrochemical (PKE) and Key Tronic (KTCC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Neonode investors own include Ford Motor (F), Alibaba Group (BABA), Inovio Pharmaceuticals (INO), Novavax (NVAX), Opko Health (OPK), FuelCell Energy (FCEL), MEI Pharma (MEIP), Onconova Therapeutics (ONTX), Pacific Ethanol (PEIX) and Ibio (IBIO).

Neonode trades on the NASDAQ under the ticker symbol "NEON."

Shares of NEON can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NEON stock can currently be purchased for approximately $1.57.

Neonode has a market capitalization of $14.40 million and generates $6.65 million in revenue each year. Neonode employs 45 workers across the globe. View additional information about Neonode.

The official website for Neonode is http://www.neonode.com/.

Neonode's mailing address is STORGATAN 23C, STOCKHOLM V7, 114 55. The electronics maker can be reached via phone at 46-0-866-717-17 or via email at [email protected]