Neonode (NEON) to Release Earnings on Wednesday

Neonode (NASDAQ:NEON) is projected to release its Q1 2026 results before the market opens on Wednesday, May 13th. Analysts expect Neonode to post earnings of ($0.10) per share and revenue of $0.6580 million for the quarter. Interested persons can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Wednesday, May 13, 2026 at 2:00 AM ET.

Neonode (NASDAQ:NEON) last issued its earnings results on Wednesday, March 18th. The electronics maker reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.03). Neonode had a negative return on equity of 37.98% and a net margin of 411.88%.The company had revenue of $0.52 million for the quarter, compared to the consensus estimate of $0.68 million.

Neonode Trading Up 4.2%

NEON opened at $1.75 on Tuesday. The company’s fifty day moving average price is $1.56 and its two-hundred day moving average price is $1.92. Neonode has a 1-year low of $1.27 and a 1-year high of $29.90. The company has a market cap of $29.37 million, a price-to-earnings ratio of -5.47 and a beta of 1.00.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of Neonode from a “hold” rating to a “strong sell” rating in a report on Saturday, March 21st. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Neonode has an average rating of “Reduce” and a consensus target price of $6.00.

Institutional Trading of Neonode

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Neonode by 105.2% in the third quarter. Vanguard Group Inc. now owns 547,807 shares of the electronics maker’s stock valued at $1,912,000 after purchasing an additional 280,806 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Neonode by 9.5% in the fourth quarter. Geode Capital Management LLC now owns 295,006 shares of the electronics maker’s stock valued at $513,000 after purchasing an additional 25,612 shares during the last quarter. State Street Corp raised its holdings in shares of Neonode by 17.0% in the fourth quarter. State Street Corp now owns 249,104 shares of the electronics maker’s stock valued at $433,000 after purchasing an additional 36,244 shares during the last quarter. Two Sigma Investments LP purchased a new stake in shares of Neonode in the third quarter valued at about $749,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of Neonode in the fourth quarter valued at about $159,000. Hedge funds and other institutional investors own 11.63% of the company’s stock.

About Neonode

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.