Neonode Inc. (NEON)

NASDAQ: NEON · Real-Time Price · USD
7.67
+0.57 (8.03%)
Dec 20, 2024, 4:00 PM EST - Market closed
8.03%
Market Cap 128.73M
Revenue (ttm) 3.80M
Net Income (ttm) -10.79M
Shares Out 16.78M
EPS (ttm) -0.70
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 111,979
Open 7.01
Previous Close 7.10
Day's Range 6.96 - 7.75
52-Week Range 1.23 - 15.00
Beta 1.96
Analysts Strong Buy
Price Target 16.50 (+115.12%)
Earnings Date Nov 6, 2024

About NEON

Neonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, Germany, Switzerland, France, Sweden, China, and internationally. It also offers software solutions for machine perception to detect and track persons and objects in video streams from cameras and other types of imagers. In addition, the company sells touch sensor modules to OEMs, original design manufacturers, and systems integrators. Further, it licenses its zForce technol... [Read more]

Sector Technology
IPO Date Aug 13, 2007
Employees 53
Stock Exchange NASDAQ
Ticker Symbol NEON
Full Company Profile

Financial Performance

In 2023, Neonode's revenue was $4.45 million, a decrease of -21.53% compared to the previous year's $5.67 million. Losses were -$10.12 million, 107.3% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for NEON stock is "Strong Buy" and the 12-month stock price forecast is $16.5.

Price Target
$16.5
(115.12% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Neonode Reports Quarter Ended September 30, 2024 Financial Results

STOCKHOLM , Nov. 6, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today reported financial results for the three and nine months ended September 30, 2024. The financial...

6 weeks ago - PRNewsWire

This Rapport Therapeutics Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Other symbols: RAPPCOFSPCTSELF
2 months ago - Benzinga

Neonode's Patent Power Play: Big Risks, Bigger Rewards

Neonode Inc. is a speculative play with high potential upside due to its unique optical sensing technology and lucrative patent battles. The company's shift to licensing technology, particularly the T...

2 months ago - Seeking Alpha

Neonode Announces the Appointment of Peter Kruk to the Board of Directors

STOCKHOLM , Oct. 8, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), today announced that Peter Kruk has joined the company's Board of Directors (the "Board") as a Class II director. Peter Kruk curre...

2 months ago - PRNewsWire

Neonode Terminates Agreement with Redeye

STOCKHOLM , Oct. 4, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today announced that the Company has terminated its corporate broking services agreement with Redeye A...

2 months ago - PRNewsWire

NEXTY Electronics Selects Neonode's Touch Sensor Module Technology for the Japanese Amusement Market

STOCKHOLM , Sept. 25, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode") is pleased to announce a new license agreement for an evolution of its licensable Touch Sensor Module ("TSM") technol...

3 months ago - PRNewsWire

Neonode Reports Quarter Ended June 30, 2024 Financial Results

STOCKHOLM , Aug. 8, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today reported financial results for the three and six months ended June 30, 2024. FINANCIAL SUMMARY F...

4 months ago - PRNewsWire

Neonode Announces Adjournment of Reconvened Annual Meeting of Stockholders

STOCKHOLM , June 25, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that its 2024 Annual Meeting of Stockholders (the "Annual Meeting"), which was reconvened to June 25, 2024, was c...

6 months ago - PRNewsWire

Neonode Announces Adjournment of Annual Meeting of Stockholders

STOCKHOLM , June 11, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) announced today that its 2024 Annual Meeting of Stockholders (the "Annual Meeting"), held on June 11, 2024 at 3:00 p.m. local time...

6 months ago - PRNewsWire

Neonode Signs First License Agreement for Touch Sensor Module ("TSM") Technology

STOCKHOLM , May 22, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) is pleased to announce the first license agreement for its Touch Sensor Module ("TSM") technology following the decision in Decembe...

7 months ago - PRNewsWire

Neonode Reports Quarter Ended March 31, 2024 Financial Results

STOCKHOLM , May 8, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today reported financial results for the three months ended March 31, 2024. FINANCIAL SUMMARY FOR THE Q...

8 months ago - PRNewsWire

Neonode Announces Departure of Chief Executive Officer

STOCKHOLM , April 10, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) ("Neonode" or the "Company") today announced that Dr. Urban Forssell, following consultation with the Board of Directors, will le...

9 months ago - PRNewsWire

Neonode Inc. (NEON) Q4 2023 Earnings Call Transcript

Neonode Inc. (NEON) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Neonode Reports 2023 Financial Results

STOCKHOLM, Sweden , Feb. 28, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today reported financial results for the fiscal year ended December 31, 2023. FINANCIAL SUMMARY FOR THE FISCAL YEAR ENDED ...

10 months ago - PRNewsWire

Neonode to Report Fourth Quarter 2023 Results on February 28, 2024

STOCKHOLM , Feb. 20, 2024 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that it will release the financial results for the three months and fiscal year ended December 31, 2023, on Wedne...

10 months ago - PRNewsWire

Neonode Launches Sharpened Strategy with Full Focus on Its Licensing Business

STOCKHOLM , Dec. 12, 2023 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today announces a new, sharpened strategy with full focus on its licensing business. Consequently, Neonode will phase out its Touc...

1 year ago - PRNewsWire

Neonode Awarded by Leading Commercial Vehicle OEM to Supply MultiSensing® Driver Monitoring System Software

STOCKHOLM , Dec. 6, 2023 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) has been awarded by a leading commercial vehicle OEM to supply Driver Monitoring System (DMS) software to the OEM's global range of...

1 year ago - PRNewsWire

Neonode Inc. (NEON) Q3 2023 Earnings Call Transcript

Neonode Inc. (NASDAQ:NEON) Q3 2023 Results Conference Call November 9, 2023 10:00 AM ET Company Participants Jesper Von Koch - Equity Research Analyst, Technology, Redeye AB Urban Forssell - CEO Fred...

1 year ago - Seeking Alpha

Neonode Reports Quarter Ended September 30, 2023 Financial Results

STOCKHOLM , Nov. 9, 2023 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today reported financial results for the three and nine months ended September 30, 2023. FINANCIAL SUMMARY FOR THE THREE MONTHS END...

1 year ago - PRNewsWire

Neonode (NEON) stock price has plunged: buy this dip?

Neonode (NASDAQ: NEON) stock price has crashed to a record low as the company continues facing numerous headwinds. The stock was sitting at $1.1 on Thursday, close to its all-time low.

1 year ago - Invezz

Neonode to Report Third Quarter 2023 Results on November 9, 2023

STOCKHOLM , Nov. 1, 2023 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that it will release the financial results for the three and nine months ended September 30, 2023, on Thursday Nov...

1 year ago - PRNewsWire

Neonode Inc. (NEON) Q2 2023 Earnings Call Transcript

Neonode Inc. (NASDAQ:NEON) Q2 2023 Earnings Conference Call August 10, 2023 10:00 AM ET Company Participants Urban Forssell – Chief Executive Officer Fredrik Nihlen – Chief Financial Officer Conferen...

1 year ago - Seeking Alpha

Neonode Reports Quarter Ended June 30, 2023 Financial Results

STOCKHOLM , Aug. 10, 2023 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) today reported financial results for the three and six months ended June 30, 2023. FINANCIAL SUMMARY FOR THE THREE MONTHS ENDED JU...

1 year ago - PRNewsWire

Neonode to Report Second Quarter 2023 Results on August 10, 2023

STOCKHOLM , Aug. 2, 2023 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that it will release the financial results for the three and six months ended June 30, 2023, on Thursday August 10...

1 year ago - PRNewsWire

Top 5 Tech Stocks That Are Set To Fly This Quarter - T Stamp (NASDAQ:IDAI), Neonode (NASDAQ:NEON)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: IDAIRMNISOBRWKEY
1 year ago - Benzinga