Neonode (NEON) to Release Quarterly Earnings on Wednesday

Neonode (NASDAQ:NEON) is expected to be posting 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 are encouraged to explore the company’s upcoming Q1 2026 earning overview 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 quarterly earnings results on Wednesday, March 18th. The electronics maker reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.03). The firm had revenue of $0.52 million during the quarter, compared to analyst estimates of $0.68 million. Neonode had a negative return on equity of 37.98% and a net margin of 411.88%.

Neonode Stock Down 0.6%

Shares of NASDAQ:NEON opened at $1.65 on Wednesday. The business has a fifty day moving average of $1.56 and a two-hundred day moving average of $1.97. The stock has a market cap of $27.69 million, a P/E ratio of -5.16 and a beta of 1.00. Neonode has a 52-week low of $1.27 and a 52-week high of $29.90.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Legal & General Group Plc purchased a new position in shares of Neonode in the 2nd quarter valued at about $29,000. BNP Paribas Financial Markets grew its stake in shares of Neonode by 238.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,820 shares of the electronics maker’s stock valued at $46,000 after purchasing an additional 1,283 shares during the last quarter. New York State Common Retirement Fund purchased a new stake in shares of Neonode in the second quarter valued at about $125,000. JPMorgan Chase & Co. acquired a new stake in Neonode in the second quarter valued at about $127,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Neonode during the second quarter worth $147,000. 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.