Neonode (NASDAQ:NEON) Issues Quarterly Earnings Results, Misses Estimates By $0.02 EPS

Posted by Francis Steltz on Aug 12th, 2026

Neonode (NASDAQ:NEON – Get Free Report) released its earnings results on Wednesday. The electronics maker reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.02), FiscalAI reports. Neonode had a net margin of 386.64% and a negative return on equity of 34.66%. The business had revenue of $0.48 million for the quarter, compared to the consensus estimate of $0.88 million.

Neonode Trading Up 6.1%

Shares of NEON traded up $0.06 during midday trading on Wednesday, reaching $1.04. 79,360 shares of the stock were exchanged, compared to its average volume of 161,345. The company has a market capitalization of $17.45 million, a P/E ratio of -3.25 and a beta of 1.09. Neonode has a 52 week low of $0.72 and a 52 week high of $26.95. The company’s 50 day moving average is $0.99 and its two-hundred day moving average is $1.42.

Analysts Set New Price Targets

Several analysts have recently weighed in on NEON shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Neonode in a research report on Tuesday, June 16th. Wall Street Zen upgraded shares of Neonode to a “sell” rating in a report on Saturday, July 4th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $6.00.

View Our Latest Report on Neonode

Institutional Trading of Neonode

A number of hedge funds have recently added to or reduced their stakes in NEON. Vanguard Group Inc. grew its holdings in Neonode by 105.2% during the 3rd quarter. Vanguard Group Inc. now owns 547,807 shares of the electronics maker’s stock worth $1,912,000 after acquiring an additional 280,806 shares in the last quarter. Geode Capital Management LLC raised its stake in Neonode by 9.5% in the fourth quarter. Geode Capital Management LLC now owns 295,006 shares of the electronics maker’s stock worth $513,000 after buying an additional 25,612 shares in the last quarter. State Street Corp raised its stake in Neonode by 17.0% in the fourth quarter. State Street Corp now owns 249,104 shares of the electronics maker’s stock worth $433,000 after buying an additional 36,244 shares in the last quarter. Two Sigma Investments LP purchased a new stake in Neonode during the third quarter worth $749,000. Finally, Quadrature Capital Ltd purchased a new stake in Neonode during the fourth quarter worth $159,000. 11.63% of the stock is owned by hedge funds and other institutional investors.

About Neonode

(Get Free Report)

Neonode AB (NASDAQ: NEON) is a technology company specializing in optical-based user interface solutions for electronic devices. The company develops sensor and software platforms that allow touch, gesture and hover interactions through the projection and detection of infrared light. Neonode’s offerings are designed to enable intuitive, reliable and low-power human-machine interfaces across a variety of device categories.

At the core of Neonode’s portfolio are its zForce and Neonode software products, which can be integrated into consumer electronics, automotive systems, home appliances, industrial equipment and Internet of Things applications.