Neonode (NEON)

• Market cap: $129M
• 1 day: 8.03%
• 5 days: -3.03%
• 1 month: 17.46%
• 3 months: -33.01%
• 6 months: 274.15%
• Year to date: 232.03%
• 1 year: 275.98%
• 5 years: 314.59%
• 10 years: -71.17%
• Sector: Information Technology
• Industry: Electronic Components

About: Neonode Inc provides optical sensing solutions for contactless touch, and gesture sensing and also provides software solutions for machine perception that feature machine learning algorithms to detect and track persons and objects in video streams from cameras and other types of imagers. It markets and sells its solutions to customers in many different markets and segments including, but not limited to, office equipment, automotive, industrial automation, medical, military, and avionics. The company geographically operates in United States, Japan, South Korea, Germany, Switzerland, China, France, Sweden and Others. It derives maximum revenue from United States.

Employees: 53

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

458% more capital invested

Capital invested by funds: $1.19M [Q2] → $6.65M (+$5.46M) [Q3]

455% more call options, than puts

Call options by funds: $5.91M | Put options by funds: $1.07M

300% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 2

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

11% more funds holding

Funds holding: 18 [Q2] → 20 (+2) [Q3]

0.98% more ownership

Funds ownership: 3.75% [Q2] → 4.72% (+0.98%) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $16.50 115% upside
• Avg. target: $16.50 115% upside
• High target: $16.50 115% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Ladenburg Thalmann Glenn Mattson 75% 1-year accuracy 3 / 4 met price target

115% upside $16.50

Buy Initiated

18 Oct 2024