Neutron (LIME)


Market Price (10/3/2026): $26.84 | Market Cap: $296.9 MilSector: Industrials | Industry: Diversified Support Services

Neutron (LIME)


Market Price (10/3/2026): $26.84
Market Cap: $296.9 Mil
Sector: Industrials
Industry: Diversified Support Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 10%

Key risks
LIME key risks include [1] a heavy dependence on utility programs and government regulations and [2] the sensitivity of its commercial and industrial clients to delaying energy efficiency investments during economic downturns.

0 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 10%
1 Key risks
LIME key risks include [1] a heavy dependence on utility programs and government regulations and [2] the sensitivity of its commercial and industrial clients to delaying energy efficiency investments during economic downturns.

LIME in ETFs

Weight = LIME's share of each fund

VTI0.00%
IWM0.01%
SCHA0.00%
IWO0.00%
ONEQ0.00%
IWN0.00%
VTWO0.00%
SCHB0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 10/2/2026

Neutron (LIME) stock has gained about 3065% since 6/30/2026 because of the following key factors:

1. Successful Initial Public Offering (IPO) and Debt Elimination.

Neutron (LIME) priced its IPO at $25.00 on June 30, 2026, and began trading on NASDAQ at $27.00 on July 1, 2026. The company utilized the $174 million raised from the IPO to repay its entire outstanding long-term debt of $115 million, significantly strengthening its balance sheet and improving its financial position.

2. Strong Fiscal Q2 2026 Earnings Beat and Upbeat Guidance.

Neutron reported record revenue of $304.2 million for fiscal Q2 2026 (period ending June 30, 2026), marking a 23.6% year-over-year increase, with diluted earnings per share (EPS) of $4.73, which substantially exceeded analyst estimates. Although net income benefited from a one-time, non-cash tax adjustment of $289.1 million related to its IPO, the company provided robust guidance for fiscal Q3 2026 and projected full-year 2026 GAAP revenue between $1.04 billion and $1.10 billion and Adjusted EBITDA between $265 million and $285 million.

Show more
Updated on 10/2/2026

Neutron (LIME) stock has gained about 3065% since 6/30/2026 because of the following key factors:

1. Successful Initial Public Offering (IPO) and Debt Elimination.

Neutron (LIME) priced its IPO at $25.00 on June 30, 2026, and began trading on NASDAQ at $27.00 on July 1, 2026. The company utilized the $174 million raised from the IPO to repay its entire outstanding long-term debt of $115 million, significantly strengthening its balance sheet and improving its financial position.

2. Strong Fiscal Q2 2026 Earnings Beat and Upbeat Guidance.

Neutron reported record revenue of $304.2 million for fiscal Q2 2026 (period ending June 30, 2026), marking a 23.6% year-over-year increase, with diluted earnings per share (EPS) of $4.73, which substantially exceeded analyst estimates. Although net income benefited from a one-time, non-cash tax adjustment of $289.1 million related to its IPO, the company provided robust guidance for fiscal Q3 2026 and projected full-year 2026 GAAP revenue between $1.04 billion and $1.10 billion and Adjusted EBITDA between $265 million and $285 million.

3. Market Leadership and Successful Subscription Service Launch.

As the largest global shared micromobility operator, Neutron demonstrated significant operational growth in fiscal Q2 2026, with its average operational fleet expanding by 22% year-over-year to 407,707 vehicles and monthly active users increasing by 22.1% to 5 million. The company's new LimePrime subscription service, launched in fiscal Q1 2026, exceeded adoption expectations, contributing to increased rider frequency and revenue.

4. Positive Analyst Coverage and Price Targets.

William Blair initiated research coverage on July 27, 2026, highlighting Neutron's leadership in a growing and underpenetrated shared micromobility market. The firm estimated 2026 revenue of $1.0 billion and identified a serviceable addressable market that could expand to $22 billion. Citizens reiterated a "Market Outperform" rating and set a $45.00 price target on August 20, 2026, further boosting investor confidence.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

6/30/2026 to 10/1/2026
ReturnCorrelation
LIME3247.7% 
Market (SPY)2.3%3.1%
Sector (XLI)-9.0%9.2%

Fundamental Drivers

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Market Drivers

3/31/2026 to 10/1/2026
ReturnCorrelation
LIME3247.7% 
Market (SPY)17.8%3.1%
Sector (XLI)4.5%9.2%

Fundamental Drivers

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Market Drivers

9/30/2025 to 10/1/2026
ReturnCorrelation
LIME3247.7% 
Market (SPY)15.6%3.1%
Sector (XLI)10.3%9.2%

Fundamental Drivers

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Market Drivers

9/30/2023 to 10/1/2026
ReturnCorrelation
LIME3247.7% 
Market (SPY)84.9%3.1%
Sector (XLI)73.0%9.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
LIME Return0%0%0%0%0%3206%3206%
Peers Return-15%-58%92%-8%43%-19%-27%
S&P 500 Return27%-19%24%23%16%12%104%

Monthly Win Rates [3]
LIME Win Rate0%0%0%0%0%22% 
Peers Win Rate46%33%54%42%58%39% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
LIME Max Drawdown0%0%0%0%0%-34% 
Peers Max Drawdown-44%-66%-38%-43%-27%-31% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: UBER, LYFT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/2/2026 (YTD)

How Low Can It Go

EventLIMES&P 500
2015-2016 China Devaluation / Global Growth Scare
  % Loss-25.0%-12.2%
  % Gain to Breakeven33.3%13.9%
  Time to Breakeven3782 days62 days
2014-2016 Oil Price Collapse
  % Loss-39.3%-6.8%
  % Gain to Breakeven64.7%7.3%
  Time to Breakeven100 days15 days
2013 Taper Tantrum
  % Loss-44.4%-0.2%
  % Gain to Breakeven80.0%0.2%
  Time to Breakeven224 days1 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-37.1%-17.9%
  % Gain to Breakeven59.0%21.8%
  Time to Breakeven5419 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-31.4%-15.4%
  % Gain to Breakeven45.7%18.2%
  Time to Breakeven153 days125 days

Compare to UBER, LYFT

In The Past

Neutron's stock fell -25.0% during the 2015-2016 China Devaluation / Global Growth Scare. Such a loss loss requires a 33.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventLIMES&P 500
2015-2016 China Devaluation / Global Growth Scare
  % Loss-25.0%-12.2%
  % Gain to Breakeven33.3%13.9%
  Time to Breakeven3782 days62 days
2014-2016 Oil Price Collapse
  % Loss-39.3%-6.8%
  % Gain to Breakeven64.7%7.3%
  Time to Breakeven100 days15 days
2013 Taper Tantrum
  % Loss-44.4%-0.2%
  % Gain to Breakeven80.0%0.2%
  Time to Breakeven224 days1 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-37.1%-17.9%
  % Gain to Breakeven59.0%21.8%
  Time to Breakeven5419 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-31.4%-15.4%
  % Gain to Breakeven45.7%18.2%
  Time to Breakeven153 days125 days

Compare to UBER, LYFT

In The Past

Neutron's stock fell -25.0% during the 2015-2016 China Devaluation / Global Growth Scare. Such a loss loss requires a 33.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Neutron (LIME)

Lime Energy Co. (LIME) specializes in designing and implementing comprehensive energy efficiency programs primarily for utility companies across the United States. The company's core mission is to empower small and mid-size commercial and industrial businesses to reduce their energy consumption, lower operational costs, and decrease their environmental impact through advanced energy efficiency solutions.

LIME offers direct-install energy efficiency solutions, which include crucial upgrades such as energy-efficient lighting and mechanical systems for its business clientele. Beyond direct implementation, the company also provides a complete suite of utility program management and implementation services. These services encompass everything from program design and administration to customer recruitment, marketing, sales, and the auditing and execution of energy efficiency projects, all managed on behalf of its utility partners.

AI Analysis | Feedback

Here are 1-3 brief analogies for Neutron (symbol: LIME):

  1. Accenture for energy efficiency programs: Like Accenture provides consulting and implementation for business processes, Lime Energy specializes in designing, managing, and implementing energy efficiency programs for utilities and commercial/industrial businesses.

  2. Johnson Controls for existing building energy efficiency: Similar to how Johnson Controls provides building solutions, Lime Energy focuses specifically on upgrading existing commercial and industrial facilities with energy-efficient lighting and mechanical systems to maximize savings and reduce environmental impact.

AI Analysis | Feedback

  • Energy Efficiency Program Design & Implementation: Designing and implementing comprehensive energy efficiency programs tailored for utility companies.
  • Direct Install Energy Efficiency Solutions: Providing and installing energy-efficient upgrades, such as lighting and mechanical systems, directly for small and mid-size commercial and industrial businesses.
  • Utility Program Management Services: Managing all aspects of utility energy efficiency programs, including administration, customer recruitment, marketing, sales, and project auditing and implementation.

AI Analysis | Feedback

Major Customers of Lime Energy Co. (LIME)

Based on the provided company description, Lime Energy Co. (LIME) primarily sells its services to other companies.

Its major customers are:

  • Utility Companies in the United States. Lime Energy Co. engages in the designing and implementing energy efficiency programs and provides utility program management and implementation services for these entities. The company's solutions are then implemented through these utility programs to benefit small and mid-size commercial and industrial businesses. The background information does not provide specific names of the utility companies that are their customers.

AI Analysis | Feedback

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AI Analysis | Feedback

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AI Analysis | Feedback

Key Business Risks for Neutron (LIME)

  1. Dependence on Utility Programs and Regulations: Neutron's business is heavily focused on designing and implementing energy efficiency programs for utilities and providing related management and implementation services. Changes in regulatory frameworks, government policies, or the funding priorities of utilities regarding energy efficiency initiatives could significantly impact the company's revenue and business opportunities.
  2. Competition in the Energy Efficiency Market: The market for energy efficiency solutions, including lighting and mechanical upgrades, and program management services, is likely competitive. Intense competition could lead to pricing pressures, reduced profit margins, and challenges in securing new contracts.
  3. Sensitivity to Economic Conditions Affecting Commercial and Industrial Clients: A portion of Neutron's business involves providing direct install energy efficiency solutions for small and mid-size commercial and industrial businesses. Economic downturns, or even uncertainty, could cause these businesses to delay or reduce investments in energy efficiency upgrades, thereby negatively affecting the company's sales and revenue from this segment.

AI Analysis | Feedback

The clear emerging threat to Neutron (LIME) is the rapid and accelerating adoption of Distributed Energy Resources (DERs), particularly on-site solar generation and battery storage, by commercial and industrial (C&I) customers. Lime Energy's business model is centered on designing and implementing energy efficiency programs for utilities, primarily aimed at reducing energy consumption from the grid for C&I businesses. As C&I customers increasingly generate and store their own power at competitive costs, their reliance on grid power diminishes. This trend reduces the incentive and need for traditional utility-sponsored energy efficiency programs that Lime provides, as customers might prioritize energy independence over incremental grid-tied efficiency improvements. Utilities themselves may shift their focus and investment from demand reduction programs to managing and integrating distributed generation, potentially changing the nature of services that Lime offers or reducing the demand for them.

AI Analysis | Feedback

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AI Analysis | Feedback

Here are the expected drivers of future revenue growth for Neutron (symbol: LIME) over the next 2-3 years:

  1. Deepening Presence in Existing Cities: Neutron (Lime) aims to increase its revenue by expanding its existing fleet and improving vehicle utilization within the approximately 230 cities it currently operates in. This involves leveraging existing infrastructure and strengthening city partnerships to secure higher fleet caps under permits.
  2. Expansion into New Markets: The company plans to grow by expanding its services to new cities and countries beyond its current presence in 29 countries. This geographic expansion is expected to broaden its customer base and boost ridership.
  3. Strategic Partnerships: Neutron's mutually exclusive integration with Uber, which features Lime vehicles as a ride option within the Uber app, serves as a significant channel for rider acquisition. This partnership contributed approximately 14.3% of Lime's total revenue in 2025 and is anticipated to continue driving growth.
  4. Introduction of New Vehicle Types and Features: Future revenue growth is also expected from the company's strategy to introduce new types of vehicles and enhance existing features. This innovation in its micromobility offerings could attract a wider range of users and increase engagement.
  5. Overall Market Growth in Micromobility: Neutron is poised to benefit from the substantial projected growth in the global electric scooter and e-bike markets. The global electric scooter market is forecast to grow from $21.4 billion in 2025 to $62.7 billion in 2034, and the global e-bike market from $57.5 billion to $193.2 billion over the same period, providing strong industry tailwinds for Lime.

AI Analysis | Feedback

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Peer Outperformance in Diversified Support Services

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Share of Diversified Support Services constituents that LIME has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
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insufficient peer history
3Y
—
insufficient peer history
5Y
—
insufficient peer history
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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

LIMEUBERLYFTMedian
NameNeutron Uber Tec.Lyft  
Mkt Price-68.0315.4341.73
Mkt Cap-138.55.972.2
Rev LTM-55,2276,77230,999
Op Inc LTM-6,700-1203,290
FCF LTM-10,1161,1125,614
FCF 3Y Avg-7,8038254,314
CFO LTM-10,4241,1955,810
CFO 3Y Avg-8,0799074,493

Growth & Margins

LIMEUBERLYFTMedian
NameNeutron Uber Tec.Lyft  
Rev Chg LTM-16.7%10.8%13.7%
Rev Chg 3Y Avg-16.4%16.9%16.7%
Rev Chg Q-12.2%16.1%14.1%
QoQ Delta Rev Chg LTM-2.9%3.9%3.4%
Op Inc Chg LTM-48.6%-117.1%-34.2%
Op Inc Chg 3Y Avg-208.0%13.0%110.5%
Op Mgn LTM-12.1%-1.8%5.2%
Op Mgn 3Y Avg-8.9%-2.1%3.4%
QoQ Delta Op Mgn LTM-0.5%0.8%0.6%
CFO/Rev LTM-18.9%17.6%18.3%
CFO/Rev 3Y Avg-16.7%14.7%15.7%
FCF/Rev LTM-18.3%16.4%17.4%
FCF/Rev 3Y Avg-16.1%13.3%14.7%

Valuation

LIMEUBERLYFTMedian
NameNeutron Uber Tec.Lyft  
Mkt Cap-138.55.972.2
P/S-2.50.91.7
P/Op Inc-20.7-49.0-14.2
P/EBIT-19.4394.3206.8
P/E-14.52.08.3
P/CFO-13.34.99.1
Total Yield-6.9%49.5%28.2%
Dividend Yield-0.0%0.0%0.0%
FCF Yield 3Y Avg-4.8%13.8%9.3%
D/E-0.10.20.2
Net D/E-0.1-0.1-0.0

Returns

LIMEUBERLYFTMedian
NameNeutron Uber Tec.Lyft  
1M Rtn--9.6%-8.0%-8.8%
3M Rtn--8.6%0.4%-4.1%
6M Rtn--5.3%15.7%5.2%
12M Rtn--29.6%-29.3%-29.4%
3Y Rtn-48.9%46.8%47.9%
1M Excs Rtn--10.0%-8.5%-9.2%
3M Excs Rtn--11.1%-2.1%-6.6%
6M Excs Rtn--21.8%-0.7%-11.2%
12M Excs Rtn--45.2%-44.7%-45.0%
3Y Excs Rtn--25.9%-25.0%-25.4%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil202520242023
Single Segment887687522
Total887687522


Operating Income by Segment
$ Mil202520242023
Single Segment7047-25
Total7047-25


Net Income by Segment
$ Mil202520242023
Single Segment-59-34-122
Total-59-34-122


Price Behavior

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LIME Betas & Captures as of 9/30/2026

 1M2M3M6M1Y3Y
Beta-0.23-0.04-16.33-9.99-3.40-0.92
Up Beta-8.200.350.580.190.120.02
Down Beta0.78-0.72213.4581.3036.648.83
Up Capture-138%-21%46%16%7%1%
Bmk +ve Days6162766132424
Stock +ve Days61931313131
Down Capture447%21%-19299%-11030%-5692%-3281%
Bmk -ve Days16263760120328
Stock -ve Days162331313131

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LIME
LIME10.8%69.9%0.84-
Sector ETF (XLI)10.3%17.3%0.409.2%
Equity (SPY)15.7%13.0%0.853.1%
Gold (GLD)7.7%29.6%0.259.5%
Commodities (DBC)45.6%20.8%1.698.6%
Real Estate (VNQ)1.2%13.6%-0.16-10.5%
Bitcoin (BTCUSD)-25.7%44.5%-0.54-10.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LIME
LIME2.1%69.9%0.84-
Sector ETF (XLI)12.5%17.6%0.549.2%
Equity (SPY)13.0%17.2%0.573.1%
Gold (GLD)18.6%18.9%0.809.5%
Commodities (DBC)10.6%19.6%0.428.6%
Real Estate (VNQ)0.4%18.9%-0.08-10.5%
Bitcoin (BTCUSD)13.6%52.3%0.43-10.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LIME
LIME1.0%69.9%0.84-
Sector ETF (XLI)13.2%20.0%0.589.2%
Equity (SPY)15.3%17.9%0.723.1%
Gold (GLD)11.6%16.4%0.589.5%
Commodities (DBC)8.4%18.1%0.388.6%
Real Estate (VNQ)4.4%20.7%0.17-10.5%
Bitcoin (BTCUSD)64.2%66.2%1.04-10.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date9152026
Short Interest: Shares Quantity1.2 Mil
Short Interest: % Change Since 83120269.5%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest3.9 days
Basic Shares Quantity11.1 Mil
Short % of Basic Shares10.5%

Earnings Returns History

Updated 9/4/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/4/202614.5%30.2%33.9%
SUMMARY STATS   
# Positive111
# Negative000
Median Positive14.5%30.2%33.9%
Median Negative   
Max Positive14.5%30.2%33.9%
Max Negative   
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/4/202614.5%30.2%33.9%
SUMMARY STATS   
# Positive111
# Negative000
Median Positive14.5%30.2%33.9%
Median Negative   
Max Positive14.5%30.2%33.9%
Max Negative   

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/11/202610-Q
03/31/202607/02/2026424B4
12/31/202402/13/2026DRS/A
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/11/202610-Q
03/31/202607/02/2026424B4
12/31/202402/13/2026DRS/A

Insider Activity

Updated 9/17/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ting, Wayne Hsing-YuanChief Executive OfficerDirectSell702202625.0099,1152,477,87510,833,775Form
2Uber, Technologies, IncDirectBuy702202625.00800,00020,000,000371,491,525Form
3Bao, Zhoujia DirectSell702202625.0073,3971,834,92516,721,475Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ting, Wayne Hsing-YuanChief Executive OfficerDirectSell702202625.0099,1152,477,87510,833,775Form
2Uber, Technologies, IncDirectBuy702202625.00800,00020,000,000371,491,525Form
3Bao, Zhoujia DirectSell702202625.0073,3971,834,92516,721,475Form
Core Cache Last Updated: 10/1/2026