Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Neonode Inc Market Cap
From what 1 stock analysts predict, the share price for Neonode Inc (NEON) might increase by 31.24% in the next year. This is based on a 12-month average estimation for NEON. Price targets go from $4 to $16.5. The majority of stock analysts believe NEON is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 1 Wall Street analysts have assignedNEON 1 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Neonode Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NEON. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of NEON.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Glenn Mattson Ladenburg Thalmann | Buy | $16.5 | Initiates | Oct 18, 2024 |
Ascendiant Capital | Buy | Initiates | Nov 25, 2020 | |
Baird | Outperform | Initiates | Nov 25, 2020 | |
Craig-Hallum | Buy | Initiates | Nov 25, 2020 | |
Baird | Outperform | Initiates | Jul 26, 2019 | |
Ascendiant Capital | Buy | Initiates | Mar 11, 2014 | |
Craig-Hallum | Buy | Initiates | Dec 12, 2012 |
When did it IPO
1992
Staff Count
49
Country
Sweden
Sector/Industry
Technology/Electronic Components
CEO
Mr. Fredrik Nihlen
Market Cap
$133.8M
In 2023, NEON generated $4.4M in revenue, which was a decrease of -21.53% from the previous year. This can be seen as a signal that NEON's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 06 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Neonode Inc. (NASDAQ: NEON) reported Q3 2024 financial results focusing on its licensing business, having reclassified its products business to discontinued operations.
Why It Matters - Neonode's shift to focus solely on its licensing business highlights a strategic pivot that may impact revenue streams and growth potential, influencing investor sentiment and stock performance.
Fri, 18 Oct 2024
Sentiment - POSITIVE
Source - Benzinga
Summary - Wall Street analysts have revised their outlook on several top companies, with multiple upgrades and downgrades. For detailed rating changes, refer to the analyst ratings page.
Why It Matters - Changes in analyst ratings can significantly impact stock prices, influencing investor sentiment and trading volume. Upgrades may signal growth potential, while downgrades could indicate risk.
Tue, 15 Oct 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Neonode Inc. is focusing on licensing its optical sensing technology, recently partnering with NEXTY in Japan. Legal victories against Samsung enhance investor confidence, with potential gains from ongoing disputes with Apple.
Why It Matters - Neonode's licensing shift and legal victories enhance revenue potential and investor confidence, signaling opportunities for substantial returns amidst ongoing patent battles.
Tue, 08 Oct 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Neonode Inc. (NASDAQ: NEON) has appointed Peter Kruk as a Class II director on its Board. He is currently CEO and a board member of NCAB Group AB, a Nasdaq Stockholm-listed company.
Why It Matters - Peter Kruk's appointment to Neonode's Board could enhance strategic direction and operational expertise, potentially boosting investor confidence and impacting stock performance.
Fri, 04 Oct 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Neonode Inc. (NASDAQ: NEON) has terminated its corporate broking agreement with Redeye AB and will seek alternative means to enhance shareholder communication and value.
Why It Matters - Neonode's termination of its agreement with Redeye may signal a shift in investor relations strategy, potentially affecting stock performance and shareholder communication.
Wed, 25 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Neonode Inc. (NASDAQ: NEON) announced a new license agreement for an upgraded version of its Touch Sensor Module (TSM) technology.
Why It Matters - Neonode's new license agreement may enhance revenue potential and market competitiveness, signaling growth opportunities that could positively impact stock performance.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
