NASDAQ:NEON

Neonode - NEON Stock Forecast, Price & News

$3.92

-0.50 (-11.31%)

(As of 08/12/2022 12:00 AM ET)

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Today's Range: $3.85
▼
$4.40
50-Day Range: $3.92
▼
$9.12
52-Week Range: $3.70
▼
$12.42

Volume: 159,619 shs
Average Volume: 60,214 shs
Market Capitalization: $53.22 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

About Neonode (NASDAQ:NEON) Stock

Neonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, China, and internationally. It also offers software solutions for scene analysis using advanced machine learning algorithms to detect and track persons and objects in video streams for cameras and other types of imagers. In addition, the company licenses its technology to original equipment manufacturers (OEMs) and Tier 1 suppliers. Further, it provides embedded sensors modules to OEMs, original design manufacturers, and systems integrators; and engineering consulting services. Additionally, the company sells Neonode branded sensor products, such as AirBar products through distributors. It serves office equipment, automotive, industrial automation, medical, military, and avionics markets. Neonode Inc. was incorporated in 1997 and is headquartered in Stockholm, Sweden.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Neonode in a report on Wednesday. They issued a "sell" rating for the company.

Neonode Stock Down 6.9 %

NEON opened at $4.42 on Friday. Neonode has a 1-year low of $3.70 and a 1-year high of $12.42. The stock's fifty day simple moving average is $5.41 and its 200 day simple moving average is $5.24. The company has a current ratio of 7.78, a quick ratio of 6.44 and a debt-to-equity ratio of 0.01. The stock has a market cap of $60.01 million, a PE ratio of -8.84 and a beta of 2.22.

Neonode (NASDAQ:NEON - Get Rating) last posted its quarterly earnings results on Wednesday, May 11th. The electronics maker reported ($0.10) earnings per share for the quarter. Neonode had a negative net margin of 114.08% and a negative return on equity of 46.65%. The business had revenue of $1.32 million during the quarter.

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NEON Stock News Headlines

August 12, 2022 | americanbankingnews.com

Neonode (NASDAQ:NEON) Receives New Coverage from Analysts at StockNews.com

August 11, 2022 | finance.yahoo.com

Neonode Reports Quarter Ended June 30, 2022 Financial Results

August 3, 2022 | benzinga.com

Neonode to Report Second Quarter 2022 Results on August 11, 2022 - Benzinga

August 3, 2022 | finance.yahoo.com

Neonode to Report Second Quarter 2022 Results on August 11, 2022

August 3, 2022 | americanbankingnews.com

Neonode (NASDAQ:NEON) Now Covered by Analysts at StockNews.com

July 28, 2022 | finance.yahoo.com

Neonode (NASDAQ:NEON) Is In A Good Position To Deliver On Growth Plans

July 26, 2022 | americanbankingnews.com

Neonode (NASDAQ:NEON) Now Covered by StockNews.com

July 14, 2022 | finance.yahoo.com

Neonode Announces Postponement of Annual Meeting of Stockholders

June 28, 2022 | finance.yahoo.com

Neonode Extends its VAR Agreement with MZ Technologie to Access the Middle East

June 23, 2022 | finance.yahoo.com

Neonode Announces Adjournment of Annual Meeting of Stockholders

June 21, 2022 | seekingalpha.com

GreenBox POS tops tech gainers; Satellogic, Decisionpoint Systems among losers - Seeking Alpha

June 21, 2022 | benzinga.com

US Markets Open Higher; Lennar Earnings Top Views - Benzinga

May 27, 2022 | seekingalpha.com

SoundHound tops tech gainers; BigBear.ai tops loser - Seeking Alpha

May 24, 2022 | seekingalpha.com

Quantum Computing tops tech gainers; BigBear.ai tops losers - Seeking Alpha

May 24, 2022 | uk.investing.com

58 Biggest Movers From Yesterday By Benzinga - Investing.com UK

May 24, 2022 | marketwatch.com

Neonode Shares Rise 26% in Heavier-Than-Normal Trade - MarketWatch

May 19, 2022 | finance.yahoo.com

Neonode (NASDAQ:NEON) shareholders have endured a 63% loss from investing in the stock five years ago

May 18, 2022 | finance.yahoo.com

Neonode Announces Changes to the Composition of its Board of Directors - Yahoo Finance

May 14, 2022 | seekingalpha.com

Neonode, Inc. (NEON) CEO Urban Forssell on Q1 2022 Results - Earnings Call Transcript

May 12, 2022 | apnews.com

Neonode: Q1 Earnings Snapshot

May 11, 2022 | seekingalpha.com

Neonode GAAP EPS of -$0.10, revenue of $1.3M (NASDAQ:NEON) - Seeking Alpha

May 11, 2022 | benzinga.com

Neonode: Q1 Earnings Insights - Benzinga - Benzinga

May 11, 2022 | finance.yahoo.com

Neonode Reports Quarter Ended March 31, 2022 Financial Results

May 4, 2022 | finance.yahoo.com

Neonode to Report First Quarter 2022 Results on May 11, 2022 - Yahoo Finance

May 4, 2022 | finance.yahoo.com

Neonode to Report First Quarter 2022 Results on May 11, 2022

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NEON Company Calendar

Last Earnings: 11/10/2021
Today: 8/12/2022
Next Earnings (Estimated): 11/09/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Electronic components, not elsewhere classified
Sub-Industry: Electronic Manufacturing Services
Sector: Computer and Technology
Current Symbol: NASDAQ:NEON
CUSIP: 64051M40
CIK: 87050
Web: www.neonode.com
Phone: 46-0-866-717-17
Fax: 46-8678-1851
Employees: 45
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.50)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-6,450,000.00
Net Margins: -114.08%
Pretax Margin: -125.36%
Return on Equity: -46.65%
Return on Assets: -37.73%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 7.78
Quick Ratio: 6.44

Sales & Book Value

Annual Sales: $5.84 million
Price / Sales: 9.11
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.46 per share
Price / Book: 2.68

Miscellaneous

Outstanding Shares: 13,576,000
Free Float: 9,116,000
Market Cap: $53.22 million
Optionable: Optionable
Beta: 2.22

Key Executives

Mr. Urban Forssell (Age 52)
CEO & Pres
Comp: $335.45k
Mr. Fredrik Nihlen (Age 39)
CFO, Treasurer & Sec.
Comp: $186.79k
Mr. Thomas Eriksson (Age 52)
Co-Founder & Sr. Advisor
Mr. Ulf Mårtensson
Exec. VP of Operations
Mr. David W. Brunton (Age 71)
VP of Investor Relations
Mr. Johan Swartz
VP of Marketing & Sales
Mr. Anthony Uhrick
VP of Sales - AMER
Mr. Jonas Waern
VP of Sales - EMEA

Key Competitors

View All Competitors

Insiders & Institutions

State Street Corp
Bought 2,680 shares on 5/16/2022
Ownership: 0.158%

View All Insider Transactions
View All Institutional Transactions

NEON Stock - Frequently Asked Questions

How have NEON shares performed in 2022?: Neonode's stock was trading at $8.85 on January 1st, 2022. Since then, NEON shares have decreased by 55.1% and is now trading at $3.97.
View the best growth stocks for 2022 here.
When is Neonode's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our NEON earnings forecast.
How were Neonode's earnings last quarter?: Neonode Inc. (NASDAQ:NEON) announced its quarterly earnings results on Wednesday, November, 10th. The electronics maker reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.14) by $0.01. The electronics maker had revenue of $0.96 million for the quarter. Neonode had a negative net margin of 114.08% and a negative trailing twelve-month return on equity of 46.65%.
When did Neonode's stock split?: Shares of Neonode reverse split on 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 closing bell on Friday, September 28th 2018. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Neonode own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Neonode investors own include Ford Motor (F), Inovio Pharmaceuticals (INO), OPKO Health (OPK), Alibaba Group (BABA), Himax Technologies (HIMX), Novavax (NVAX), FuelCell Energy (FCEL), Alto Ingredients (PEIX), Vuzix (VUZI) and Advanced Micro Devices (AMD).
What is Neonode's stock symbol?: Neonode trades on the NASDAQ under the ticker symbol "NEON."
How do I buy shares of Neonode?: Shares of NEON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Neonode's stock price today?: One share of NEON stock can currently be purchased for approximately $3.97.
How much money does Neonode make?: Neonode (NASDAQ:NEON) has a market capitalization of $53.91 million and generates $5.84 million in revenue each year. The electronics maker earns $-6,450,000.00 in net income (profit) each year or ($0.50) on an earnings per share basis.
How can I contact Neonode?: Neonode's mailing address is STORGATAN 23C, STOCKHOLM V7, 114 55. The official website for the company is www.neonode.com. The electronics maker can be reached via phone at 46-0-866-717-17, via email at david.brunton@neonode.com, or via fax at 46-8678-1851.

This page (NASDAQ:NEON) was last updated on 8/12/2022 by MarketBeat.com Staff

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Neonode - NEON Stock Forecast, Price & News

About Neonode (NASDAQ:NEON) Stock

Analysts Set New Price Targets

Neonode Stock Down 6.9 %

NEON Stock News Headlines

NEON Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NEON Stock - Frequently Asked Questions

How have NEON shares performed in 2022?

When is Neonode's next earnings date?

How were Neonode's earnings last quarter?

When did Neonode's stock split?

What other stocks do shareholders of Neonode own?

What is Neonode's stock symbol?

How do I buy shares of Neonode?

What is Neonode's stock price today?

How much money does Neonode make?

How can I contact Neonode?

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