How to Buy Neonode Stock

Neonode Inc

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 stock last closed at $9.74, down 1.62% from the previous day, and has increased 463.01% in one year. It has overperformed other stocks in the Electronic Components industry by 4.68 percentage points. Neonode stock is currently +691.87% from its 52-week low of $1.23, and -35.07% from its 52-week high of $15.00.

There are currently 16.78M shares of NEON outstanding. The market cap of NEON is $163.47M. In the past 24 hours, 114,595 NEON shares were traded.

How to Buy Neonode Stock

Not sure how to invest in Neonode stock? Here's how.

  1. Choose where to buy Neonode stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Neonode stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Choose your payment method and add your info.
  4. Analyze Neonode stock: The Neonode ticker symbol is NEON. Is Neonode stock a good investment? Should you buy shares of NEON? How do NEON's underlying business fundamentals look? Do top analysts think Neonode is a good buy? Why has NEON's stock price moved recently? (Hint: Our stock analysis website can help you figure out if NEON is a good stock to buy).
  5. Execute your NEON purchase: Decide if you will purchase NEON shares at the current market price or use a limit order to purchase NEON shares at a particular price.
  6. Get notifications regarding your investment in NEON: Create a watchlist to keep tabs on your position in Neonode shares.

Step 1: Choose where to buy Neonode stock

You will need an online brokerage account to access the NASDAQ market and buy NEON stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal information so you are able to buy NEON today.

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Step 3: Fund your brokerage account

Now that you've filled out your info on one of the most highly reviewed stock trading apps, you need to deposit funds:

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Step 4: Analyze Neonode stock

After you have selected the best place to buy Neonode stock, it's very important to evaluate their stock before you invest, so you truly comprehend the risk and upside.

Neonode Numbers

NEON Price
$9.74
1w %
11.44%
1y %
463.01%
5y %
301.65%
P/E
-13.72x
P/B
9.08x
P/S
36.48x
PEG
N/A
Revenue
$4.27M
Earnings
-$10.79M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$163.47M
Next Earnings
N/A
Next Dividend
N/A

NEON Due Diligence Checks

WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on NEON's stock page.

Is NEON stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge NEON's intrinsic value.

Using relative valuations ratios:

  • NEON may be overvalued based on its P/B ratio of 9.08x, relative to Electronic Components industry P/B ratio of 4.57x

You can access additional valuation research on NEON's stock here.

NEON Financial Health Overview

Passed Financial Due Diligence Checks:

  • Total NEON debt is lower than 5 years ago, relative to shareholder equity.
  • NEON has cash burn of 6702000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the NEON balance sheet.
  • NEON has $17.60M in cash and short term investments. This is enough to cover its annual cash burn of $6.70M.
  • There are more short-term assets than long-term liabilities on the NEON balance sheet.
  • NEON has a low debt to equity ratio of 0.09.

Failed Financial Due Diligence Checks:

  • NEON profit margin has gone down from -103.7% to -252.8% in the past year.

Is it a good time to buy Neonode stock, according to analysts?

Out of 1 Wall Street analysts who research NEON, the consensus analyst rating on NEON is a Strong Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Neonode stock forecast page.

NEON Momentum

SMA10
9.28
SMA20
8.86
SMA50
8.37
SMA100
8.16
SMA200
5.89
MACD
0.38
MACD Signal
0.28
MACD Histogram
0.1
RSI
63.22
Stochastic %K
95.4
Stochastic %D
90.25
StochRSI %K
83.93
StochRSI %D
74.62

Is NEON Growing Revenue?

Last year, NEON revenue was $4.27M. During the past 5 year, NEON's revenue has grown by -10.41% per year. This was slower than the Electronic Components industry average of 7.07%.

Find out more about NEON's earnings and revenue performance here.

Who is buying/selling NEON?

Over the last year, executives and large shareholders at NEON have not bought or sold any shares.

Get more info about who owns NEON stock here.

Can I get consistent income from NEON stock?

No, Neonode doesn't provide an income stream by paying out dividends.

What others are saying about NEON

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Step 5: Execute your NEON purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, place a limit order.

Click the Open Trade button and your broker will place your order.

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Step 6: Get notifications regarding your investment in NEON

Now that you own some NEON shares, you'll want to keep up with your investment.

Put NEON on a watchlist to get the latest updates about your NEON stock.

NEON Feed

How to Buy Stock in Neonode

To summarize, here are the 6 steps you need to take to buy Neonode stock right now:

  1. Choose where to buy Neonode stock
  2. Sign up for a brokerage account
  3. Fund your brokerage account
  4. Analyze Neonode stock
  5. Execute your NEON purchase
  6. Get notifications regarding your investment in NEON

If you require a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your new investment in Neonode, hit the button below to create your watchlist.

NASDAQ: NEON
$9.74-0.16 (-1.62%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: NEON
$9.74-0.16 (-1.62%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Neonode share?

As of Feb 14, 2025, it costs $9.74 to buy one share of Neonode stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.411 shares of NEON.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Neonode stock?

According to 1 Wall Street analysts who monitor Neonode, their consensus recommendation is to buy Neonode stock.

What is the best way to buy Neonode stock?

One way to place an order for Neonode stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.