Neonode (NEON) to Release Quarterly Earnings on Wednesday

Neonode (NASDAQ:NEON) is projected to post its Q2 2026 results before the market opens on Wednesday, August 12th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $0.8760 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, August 12, 2026 at 9:30 AM ET.

Neonode (NASDAQ:NEON) last announced its earnings results on Wednesday, May 13th. The electronics maker reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.01). The company had revenue of $0.61 million for the quarter, compared to the consensus estimate of $0.66 million. Neonode had a negative return on equity of 34.66% and a net margin of 386.64%.

Neonode Trading Up 4.3%

Shares of NEON stock opened at $0.91 on Wednesday. Neonode has a 1-year low of $0.72 and a 1-year high of $26.95. The stock has a market cap of $15.20 million, a price-to-earnings ratio of -2.83 and a beta of 1.09. The stock has a 50-day moving average of $1.07 and a 200-day moving average of $1.45.

Analyst Upgrades and Downgrades

NEON has been the topic of a number of recent analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of Neonode in a research report on Tuesday, June 16th. Wall Street Zen raised shares of Neonode to a “sell” rating in a research report on Saturday, July 4th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Neonode currently has a consensus rating of “Reduce” and an average price target of $6.00.

Hedge Funds Weigh In On Neonode

Hedge funds and other institutional investors have recently modified their holdings of the business. Legal & General Group Plc purchased a new stake in shares of Neonode during the second quarter valued at approximately $29,000. Russell Investments Group Ltd. purchased a new position in Neonode in the third quarter worth $34,000. BNP Paribas Financial Markets boosted its position in Neonode by 238.9% in the second quarter. BNP Paribas Financial Markets now owns 1,820 shares of the electronics maker’s stock worth $46,000 after purchasing an additional 1,283 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in Neonode in the 4th quarter valued at $53,000. Finally, Jain Global LLC bought a new position in Neonode in the 4th quarter valued at $59,000. 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.