Neonode Stock Today
| NEON Stock | USD 2.42 0.15 6.61% |
Performance8 of 100
| Odds Of DistressLess than 40
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Neonode is selling at 2.42 as of the 8th of May 2024; that is 6.61% increase since the beginning of the trading day. The stock's open price was 2.27. Neonode has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Neonode are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2024 and ending today, the 8th of May 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 13th of August 2007 | Category Technology | Classification Information Technology |
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. Neonode Inc. was incorporated in 1997 and is headquartered in Stockholm, Sweden. The company has 15.36 M outstanding shares of which 130.18 K shares are now shorted by private and institutional investors with about 5.95 trading days to cover. More on Neonode
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Follow Valuation Options Odds of Bankruptcy
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Neonode Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Neonode's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Neonode or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Urban Forssell | ||||
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Neonode report their recommendations after researching Neonode's financial statements, talking to executives and customers, or listening in on Neonode's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Neonode. The Neonode consensus assessment is calculated by taking the average forecast from all of the analysts covering Neonode. | |||||
Neonode's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Neonode's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Neonode's financial leverage. It provides some insight into what part of Neonode's total assets is financed by creditors.
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Neonode (NEON) is traded on NASDAQ Exchange in USA. It is located in Karlavägen 100, Stockholm, Sweden, 115 26 and employs 49 people. Neonode is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 34.87 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Neonode's market, we take the total number of its shares issued and multiply it by Neonode's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Neonode conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 15.36 M outstanding shares of which 130.18 K shares are now shorted by private and institutional investors with about 5.95 trading days to cover.
Neonode currently holds about 12.43 M in cash with (6.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.92.
Check Neonode Probability Of Bankruptcy
Ownership AllocationNeonode holds a total of 15.36 Million outstanding shares. Neonode holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Neonode Ownership Details
Neonode Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Neonode jumping above the current price in 90 days from now is near 1%. The Neonode probability density function shows the probability of Neonode stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Neonode has a beta of 0.4066. This indicates as returns on the market go up, Neonode average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Neonode will be expected to be much smaller as well. Additionally, neonode has an alpha of 0.5027, implying that it can generate a 0.5 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Neonode to move above the current price in 90 days from now is near 1 (This Neonode probability density function shows the probability of Neonode Stock to fall within a particular range of prices over 90 days) .
Neonode Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Neonode that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Neonode's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Neonode's value.| Instituion | Recorded On | Shares | |
| Jpmorgan Chase & Co | 2023-12-31 | 2.3 K | |
| Group One Trading, Lp | 2023-12-31 | 1.4 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.2 K | |
| Cutler Group Lp | 2023-12-31 | 958 | |
| Royal Bank Of Canada | 2023-12-31 | 341 | |
| Wells Fargo & Co | 2023-12-31 | 89.0 | |
| Investors Finance Co Plc | 2023-09-30 | 0.0 | |
| Citadel Advisors Llc | 2023-09-30 | 0.0 | |
| Marshall Wace Asset Management Ltd | 2023-09-30 | 0.0 | |
| Vanguard Group Inc | 2023-12-31 | 142.1 K | |
| Blackrock Inc | 2023-12-31 | 120.9 K |
Neonode Historical Income Statement
Neonode Income Statement is one of the three primary financial statements used for reporting Neonode's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Neonode revenue and expense. Neonode Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Neonode reported last year Minority Interest of (400,000). As of the 8th of May 2024, Interest Income is likely to grow to about 49.1 K, while Depreciation And Amortization is likely to drop about 152 K. View More FundamentalsNeonode Stock Against Markets
Picking the right benchmark for Neonode stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Neonode stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Neonode is critical whether you are bullish or bearish towards Neonode at a given time. Please also check how Neonode's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Neonode without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Neonode Corporate Management
Elected by the shareholders, the Neonode's board of directors comprises two types of representatives: Neonode inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Neonode. The board's role is to monitor Neonode's management team and ensure that shareholders' interests are well served. Neonode's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Neonode's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Helena Borjesson | Vice Culture | Profile | |
| Johan Swartz | Vice Sales | Profile | |
| Fredrik Nihlen | Treasurer CFO | Profile | |
| Thierry Corman | VP Operations | Profile | |
| CarlOlof Nydn | Acting Operations | Profile |
How to buy Neonode Stock?
Before investing in Neonode, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Neonode. To buy Neonode stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Neonode. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Neonode stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Neonode stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Neonode stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Neonode, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Neonode Stock please use our How to Invest in Neonode guide.
Already Invested in Neonode?
The danger of trading Neonode is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Neonode is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Neonode. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Neonode is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Neonode offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neonode's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Neonode Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neonode Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neonode. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Neonode Stock analysis
When running Neonode's price analysis, check to measure Neonode's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neonode is operating at the current time. Most of Neonode's value examination focuses on studying past and present price action to predict the probability of Neonode's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neonode's price. Additionally, you may evaluate how the addition of Neonode to your portfolios can decrease your overall portfolio volatility.
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Is Neonode's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Neonode. If investors know Neonode will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Neonode listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.66) | Revenue Per Share 0.29 | Quarterly Revenue Growth (0.47) | Return On Assets (0.33) | Return On Equity (0.55) |
The market value of Neonode is measured differently than its book value, which is the value of Neonode that is recorded on the company's balance sheet. Investors also form their own opinion of Neonode's value that differs from its market value or its book value, called intrinsic value, which is Neonode's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Neonode's market value can be influenced by many factors that don't directly affect Neonode's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Neonode's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neonode is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neonode's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.