Neonode Stock Target Price and Analyst Consensus

NEON Stock  USD 7.67  0.11  1.41%   
The current analyst and expert consensus on Neonode is Strong Buy, with only one strong buy opinion. The current projected Neonode target price consensus is 23.50 with 1 analyst opinions. Check out Macroaxis Advice on Neonode to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.
The most common way Neonode analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Neonode executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Neonode. We encourage you to use your own analysis of Neonode to validate this buy or sell advice. Neonode buy-or-sell recommendation module provides average expert sentiment on the projected Neonode target price to derive its highest and lowest estimates based on projected price volatility of 7.8694.
Lowest Forecast
21.39
Highest Forecast
26.09
Target Price
23.5
As of the 13th of December 2024, Gross Profit is likely to grow to about (88.3 K). In addition to that, Pretax Profit Margin is likely to drop to -2.36. At this time, Neonode's Other Current Assets are very stable compared to the past year. As of the 13th of December 2024, Other Stockholder Equity is likely to grow to about 246.9 M, while Total Assets are likely to drop about 11.8 M.
  
It's important to approach Neonode's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Neonode price targets

Neonode's stock target price is an estimate of its future price, usually made by analysts. Using Neonode's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Neonode's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Neonode's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Neonode Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Neonode is a key component of Neonode valuation and have some predictive power on the future returns of a Neonode.
Hype
Prediction
LowEstimatedHigh
0.387.6515.52
Details
Intrinsic
Valuation
LowRealHigh
3.5911.4619.33
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.11-0.11-0.11
Details

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When determining whether Neonode offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neonode's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Neonode Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neonode Stock:
Check out Macroaxis Advice on Neonode to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Neonode Stock, please use our How to Invest in Neonode guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.