Neonode (NEON)
Market Price (2/5/2026): $1.88 | Market Cap: $31.6 MilSector: Information Technology | Industry: Electronic Components
Neonode (NEON)
Market Price (2/5/2026): $1.88Market Cap: $31.6 MilSector: Information TechnologyIndustry: Electronic Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 28%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 24% | Weak multi-year price returns2Y Excs Rtn is -32%, 3Y Excs Rtn is -151% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -31%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -24%, Rev Chg QQuarterly Revenue Change % is -49% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -35% | Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -264%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -269% | |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 366% | High stock price volatilityVol 12M is 124% | |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -36% | Key risksNEON key risks include [1] financial instability and declining core business revenue, Show more. | |
| Megatrend and thematic driversMegatrends include Autonomous Technologies, and Electric Vehicles & Autonomous Driving. Themes include Machine Vision, and Autonomous Driving Technology. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 28%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 24% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -35% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 366% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -36% |
| Megatrend and thematic driversMegatrends include Autonomous Technologies, and Electric Vehicles & Autonomous Driving. Themes include Machine Vision, and Autonomous Driving Technology. |
| Weak multi-year price returns2Y Excs Rtn is -32%, 3Y Excs Rtn is -151% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -31%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -24%, Rev Chg QQuarterly Revenue Change % is -49% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -264%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -269% |
| High stock price volatilityVol 12M is 124% |
| Key risksNEON key risks include [1] financial instability and declining core business revenue, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Continued Decline in Core Business Revenue
Neonode experienced a significant decline in its core business revenue, as evidenced by the Q3 2025 financial results reported on November 6, 2025. Revenues from continuing operations for the three months ended September 30, 2025, decreased by 48.7% compared to the same period in the prior year, reaching $0.4 million. This reduction was primarily attributed to lower demand for the company's legacy products in the printer and passenger car touch applications, leading to a 44.5% decrease in license revenues. This sustained operational underperformance overshadowed a one-time gain from a patent assignment.
2. Inability to Translate New Customer Engagements into Revenue
Despite efforts to expand business opportunities and acquire new licensing customers through its MultiSensing® and zForce® technology platforms, Neonode faced challenges in converting these engagements into substantial revenue streams during the period. The decline in legacy business revenue was expected to continue until new customers transitioned from the deployment phase to the production phase, indicating a delay in new business compensating for the dwindling older segments.
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Stock Movement Drivers
Fundamental Drivers
The -38.2% change in NEON stock from 10/31/2025 to 2/4/2026 was primarily driven by a -26.7% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 2042026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.04 | 1.88 | -38.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3 | 2 | -15.7% |
| P/S Multiple | 19.6 | 14.4 | -26.7% |
| Shares Outstanding (Mil) | 17 | 17 | 0.0% |
| Cumulative Contribution | -38.2% |
Market Drivers
10/31/2025 to 2/4/2026| Return | Correlation | |
|---|---|---|
| NEON | -38.2% | |
| Market (SPY) | 0.6% | 40.7% |
| Sector (XLK) | -8.1% | 34.4% |
Fundamental Drivers
The -90.7% change in NEON stock from 7/31/2025 to 2/4/2026 was primarily driven by a -88.1% change in the company's P/S Multiple.| (LTM values as of) | 7312025 | 2042026 | Change |
|---|---|---|---|
| Stock Price ($) | 20.17 | 1.88 | -90.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3 | 2 | -21.7% |
| P/S Multiple | 120.6 | 14.4 | -88.1% |
| Shares Outstanding (Mil) | 17 | 17 | 0.0% |
| Cumulative Contribution | -90.7% |
Market Drivers
7/31/2025 to 2/4/2026| Return | Correlation | |
|---|---|---|
| NEON | -90.7% | |
| Market (SPY) | 8.9% | 4.9% |
| Sector (XLK) | 5.3% | 6.1% |
Fundamental Drivers
The -77.9% change in NEON stock from 1/31/2025 to 2/4/2026 was primarily driven by a -66.5% change in the company's P/S Multiple.| (LTM values as of) | 1312025 | 2042026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.51 | 1.88 | -77.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3 | 2 | -30.8% |
| P/S Multiple | 42.8 | 14.4 | -66.5% |
| Shares Outstanding (Mil) | 16 | 17 | -4.8% |
| Cumulative Contribution | -77.9% |
Market Drivers
1/31/2025 to 2/4/2026| Return | Correlation | |
|---|---|---|
| NEON | -77.9% | |
| Market (SPY) | 15.0% | 12.2% |
| Sector (XLK) | 20.2% | 12.5% |
Fundamental Drivers
The -77.3% change in NEON stock from 1/31/2023 to 2/4/2026 was primarily driven by a -58.5% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 1312023 | 2042026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.27 | 1.88 | -77.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5 | 2 | -58.5% |
| P/S Multiple | 21.2 | 14.4 | -32.4% |
| Shares Outstanding (Mil) | 14 | 17 | -19.1% |
| Cumulative Contribution | -77.3% |
Market Drivers
1/31/2023 to 2/4/2026| Return | Correlation | |
|---|---|---|
| NEON | -77.3% | |
| Market (SPY) | 75.1% | 13.1% |
| Sector (XLK) | 107.3% | 12.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NEON Return | 31% | -38% | -58% | 259% | -79% | 3% | -73% |
| Peers Return | 50% | -21% | 11% | -22% | 5% | 12% | 22% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 84% |
Monthly Win Rates [3] | |||||||
| NEON Win Rate | 42% | 50% | 33% | 58% | 42% | 50% | |
| Peers Win Rate | 55% | 37% | 52% | 33% | 48% | 80% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| NEON Max Drawdown | -30% | -62% | -80% | -46% | -79% | 0% | |
| Peers Max Drawdown | -9% | -38% | -14% | -32% | -32% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: SYNA, VC, APTV, MCHP, CTS.
[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 2/4/2026 (YTD)
How Low Can It Go
| Event | NEON | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -91.5% | -25.4% |
| % Gain to Breakeven | 1072.7% | 34.1% |
| Time to Breakeven | 550 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -55.5% | -33.9% |
| % Gain to Breakeven | 124.8% | 51.3% |
| Time to Breakeven | 35 days | 148 days |
| 2018 Correction | ||
| % Loss | -93.3% | -19.8% |
| % Gain to Breakeven | 1392.2% | 24.7% |
| Time to Breakeven | 2,036 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -99.9% | -56.8% |
| % Gain to Breakeven | 103723.5% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1,480 days |
Compare to SYNA, VC, APTV, MCHP, CTS
In The Past
Neonode's stock fell -91.5% during the 2022 Inflation Shock from a high on 1/18/2023. A -91.5% loss requires a 1072.7% gain to breakeven.
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About Neonode (NEON)
AI Analysis | Feedback
Neonode (NEON) is a technology company specializing in optical sensing solutions for touch, gesture control, and driver/occupant monitoring systems, often licensing its core technology to other manufacturers.
- Neonode is like a specialized Mobileye for monitoring drivers and vehicle occupants inside the car.
- Neonode is like ARM Holdings for optical sensing technology, licensing its core intellectual property for touch, gesture, and in-cabin monitoring to device manufacturers and automotive companies.
AI Analysis | Feedback
- zForce Optical Sensing Technology: A proprietary optical sensing technology enabling touch, touchless interaction, gesture control, and object detection on various surfaces.
- Human Machine Interface (HMI) Solutions: Integrated hardware and software solutions providing advanced touch, touchless, and gesture control for displays and surfaces across diverse industries.
- Driver and In-Cabin Monitoring Systems (DMS/IMS): Camera-based solutions utilizing optical sensing to monitor driver attention, fatigue, and occupant presence for enhanced safety and comfort.
AI Analysis | Feedback
Neonode Inc. (symbol: NEON) primarily sells its technology and solutions to **other companies (B2B)**. Their customers are typically Original Equipment Manufacturers (OEMs) and Original Design Manufacturers (ODMs) that integrate Neonode's optical sensing technology (for touchless, touch, and gesture control) into their final products.
According to Neonode's SEC filings, the company does not currently have any customers that individually represent 10% or more of its total annual revenue. Therefore, while no single "major customer" by revenue concentration can be named, Neonode's customer base consists of companies in the following key industries:
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Automotive OEMs and Tier 1 Suppliers: Companies that integrate Neonode's technology for in-cabin sensing (e.g., driver monitoring, gesture control) and infotainment systems in vehicles.
Example Partner/Customer (for product integration): Autoliv Inc. (symbol: ALV). Neonode has partnered with Autoliv, a leading automotive safety systems supplier, on driver monitoring systems.
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Office Equipment Manufacturers: Companies producing multi-function printers (MFPs), scanners, and other office automation devices, incorporating Neonode's touchless interaction solutions.
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Medical Device Manufacturers: Companies developing medical equipment and devices that require sterile, touchless, or highly precise human-machine interfaces for healthcare environments.
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Consumer Electronics and Industrial Automation Companies: Manufacturers of interactive displays, public kiosks, smart home devices, and industrial machinery where advanced human-machine interaction, including touchless control, is desired.
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nullAI Analysis | Feedback
Daniel Alexus President and Chief Executive Officer
Prior to joining Neonode in 2025, Mr. Alexus served as Executive, Global Head of Innovation and Founder of Ericsson ONE since 2018, which is an innovation accelerator within Telefonaktiebolaget LM Ericsson (publ) (“Ericsson”). Daniel Alexus also held several other senior roles at Ericsson, where he started in 2010.
Fredrik Nihlén Chief Financial Officer
Mr. Nihlén joined Neonode in August 2021. Before Neonode, he held the position of Finance Director IFS Nordics at IFS Sverige AB since 2019. From 2018 to 2019, Mr. Nihlén was the Group Chief Financial Officer at Cinnober Financial Technology AB. Prior to that, he worked at DIBS Payment Services, serving as Head of Finance from 2016 to 2018 and Business Controller from 2013 to 2016.
Johanna Jansson Vice President Marketing & Sales Automotive
Ms. Jansson joined Neonode in 2022 and has extensive experience in key account management, business development, and strategic sales from various organizations. Before joining Neonode, she served as Key Account Manager at Stoneridge and Business Area Manager at Calix.
Kent Pålsson Vice President Engineering
Mr. Pålsson joined Neonode in 2023 as Engineering Manager for the zForce platform and took responsibility for the entire Engineering team in 2024. He brings over 20 years of experience in the automotive industry, having held numerous senior management positions in engineering, product management, and business development, including most recently as VP OEM products at Stoneridge Electronics.
Johan Swartz Vice President Marketing & Sales IT & Industrial
Mr. Swartz is the Vice President of Marketing & Sales IT & Industrial at Neonode.
AI Analysis | Feedback
The key risks to Neonode's business include financial instability and declining core business revenue, significant reliance on uncertain patent litigation, and high customer concentration coupled with intense competition.
- Financial Instability and Declining Core Business Revenue: Neonode has a history of operational losses, with its core business revenues declining significantly. For instance, in Q3 2025, revenue from continuing operations decreased by 48.7% compared to the prior year, and total revenue for the nine months ending September 30, 2025, saw a 37.1% decline. The company continues to burn cash from operations, totaling $4.6 million for the nine months ended September 30, 2025. While a one-time patent assignment settlement with Samsung provided a temporary boost to liquidity, it did not resolve the underlying issue of declining sales and an inability to cover fixed costs with current revenue. Management has also noted that revenues from their legacy business are decreasing faster than anticipated.
- Reliance on Uncertain Patent Litigation: A substantial portion of Neonode's perceived value and potential financial windfalls are linked to the outcomes of its patent infringement lawsuits against major technology companies like Apple and Samsung. Although Neonode has achieved some legal victories and settlements, the outcomes remain uncertain, particularly for ongoing cases such as that against Apple, which has been assessed as a 50/50 chance of success. The company's stock price and future financial standing are heavily influenced by the unpredictable nature of these legal battles and their potential settlement proceeds.
- Customer Concentration and Intense Competition: Neonode is significantly dependent on a limited number of customers. In 2024, approximately 80.2% of its consolidated net revenues were generated from just four customers. This high customer concentration exposes the company to substantial risk if any key customer reduces or terminates its business with Neonode. Furthermore, the market for touch and gesture control solutions is highly competitive, with various alternative technologies vying for market share, posing a continuous challenge to Neonode's ability to grow and secure new partnerships.
AI Analysis | Feedback
The emergence of highly specialized competitors in the automotive in-cabin sensing market, such as Smart Eye and Cipia, poses a clear threat. These companies are securing significant design wins with major automotive OEMs globally for driver and occupant monitoring systems (DMS/OMS) using AI-based computer vision, directly competing with Neonode's Attention and Identification Technology (AIT) and potentially limiting Neonode's market share in a critical growth sector.
Major semiconductor and platform providers like Qualcomm (Snapdragon Digital Chassis) and NVIDIA (Drive platform) are increasingly offering comprehensive, integrated hardware and software solutions that include in-cabin sensing capabilities. This trend towards consolidated automotive platforms could lead OEMs to prefer single-vendor solutions that incorporate these functionalities, potentially marginalizing specialized component providers like Neonode who offer standalone sensing technologies.
AI Analysis | Feedback
Neonode (NASDAQ: NEON) operates in the optical sensing solutions market, primarily focusing on contactless touch, gesture control, and in-cabin monitoring technologies. The addressable markets for their main products and services are as follows:Contactless Touch Solutions
The U.S. contactless touch sensor market is valued at **USD 15.36 billion in 2025**. Industry forecasts project a 7.25% compound annual growth rate through 2033 for this market.Gesture Control Solutions
The global gesture recognition market, which includes technology for various applications, was estimated at **USD 24.30 billion in 2024** and is projected to reach **USD 182.47 billion by 2032**, demonstrating a compound annual growth rate (CAGR) of 28.8% during this forecast period. The U.S. market for gesture recognition is estimated to reach **USD 6.96 billion in 2025**.In-Cabin Monitoring / Machine Perception
The global automotive in-cabin monitoring solution market was valued at approximately **USD 2.5 billion in 2023** and is projected to reach around **USD 10.8 billion by 2032**, exhibiting a robust CAGR of 17.5% during the forecast period. Neonode is strategically aligning its MultiSensing AI computer vision platform for expanded deployment in the automotive sector, focusing on in-cabin monitoring.AI Analysis | Feedback
Neonode (NEON) is focusing on a strategic shift to a licensing-only business model, moving away from its legacy Touch Sensor Module (TSM) product business. This transition underpins several expected drivers of future revenue growth over the next 2-3 years.
- Expansion of MultiSensing AI platform in the automotive sector, particularly Driver Monitoring Systems (DMS) licensing: Neonode is prioritizing the growth of its MultiSensing AI platform within the automotive industry, with a strong emphasis on Driver Monitoring Systems (DMS) software. The company announced an award from a leading commercial vehicle OEM to supply its MultiSensing DMS software, and revenues from related non-recurring engineering (NRE) projects are anticipated to convert into significant licensing revenues once these projects enter full production.
- Securing new technology licensing agreements across diverse markets: While facing declining revenues in legacy segments like printer and passenger car touch applications, Neonode aims to generate future revenue growth by establishing new licensing opportunities for its innovative optical sensing solutions. The company's technology for contactless touch, gesture control, and in-cabin monitoring is being targeted for new applications in various markets such as amusement machines, elevators, and self-service kiosks.
- Strategic partnerships with major technology firms: A key driver for future revenue growth is expected to come from strategic partnerships with major technology companies. These collaborations are anticipated to enhance Neonode's revenue streams and contribute to the adoption of its advanced touch technology solutions.
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Share Issuance
- In 2023, Neonode issued 903,716 shares of common stock through an At-the-Market (ATM) facility, generating aggregate net proceeds of $7,866,000, after accounting for commissions and expenses.
- In 2024, the company issued an additional 1,423,441 shares of common stock via an ATM facility, resulting in aggregate net proceeds of $5.8 million, after commissions and expenses.
- The total number of shares outstanding increased from 10.12 million at the end of 2020 to 16.783 million by November 2025.
Inbound Investments
- In Q3 2025, Neonode recognized a $19.39 million gain from a patent assignment, with a related broker fee of $3.88 million.
- The net gain from this patent assignment, after the broker fee, amounted to $15.5 million, and this amount was paid in October 2025.
Capital Expenditures
- Neonode reported trailing twelve-month capital expenditures of approximately -$91,000.
- The company's strategic shift to a software and technology licensing business model aims to reduce the high costs associated with hardware manufacturing.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Can Neonode Stock Recover If Markets Fall? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 79.62 |
| Mkt Cap | 3.1 |
| Rev LTM | 2,434 |
| Op Inc LTM | 118 |
| FCF LTM | 255 |
| FCF 3Y Avg | 182 |
| CFO LTM | 339 |
| CFO 3Y Avg | 285 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -0.9% |
| Rev Chg 3Y Avg | -7.6% |
| Rev Chg Q | 2.7% |
| QoQ Delta Rev Chg LTM | 0.6% |
| Op Mgn LTM | 9.8% |
| Op Mgn 3Y Avg | 12.2% |
| QoQ Delta Op Mgn LTM | -0.3% |
| CFO/Rev LTM | 14.9% |
| CFO/Rev 3Y Avg | 14.0% |
| FCF/Rev LTM | 11.4% |
| FCF/Rev 3Y Avg | 8.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 3.1 |
| P/S | 3.0 |
| P/EBIT | 10.5 |
| P/E | 6.2 |
| P/CFO | 11.6 |
| Total Yield | 2.9% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 5.1% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 6.3% |
| 3M Rtn | 10.7% |
| 6M Rtn | 22.3% |
| 12M Rtn | 20.2% |
| 3Y Rtn | -29.9% |
| 1M Excs Rtn | 6.6% |
| 3M Excs Rtn | 10.8% |
| 6M Excs Rtn | 12.5% |
| 12M Excs Rtn | 2.3% |
| 3Y Excs Rtn | -98.3% |
Price Behavior
| Market Price | $1.88 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 03/03/1992 | |
| Distance from 52W High | -93.6% | |
| 50 Days | 200 Days | |
| DMA Price | $2.01 | $10.05 |
| DMA Trend | down | down |
| Distance from DMA | -6.5% | -81.3% |
| 3M | 1YR | |
| Volatility | 59.8% | 125.0% |
| Downside Capture | 440.42 | 164.60 |
| Upside Capture | 176.31 | -17.78 |
| Correlation (SPY) | 43.6% | 12.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.42 | 2.03 | 2.23 | 0.91 | 0.79 | 1.00 |
| Up Beta | 1.89 | -0.27 | 1.99 | -0.39 | 0.98 | 0.59 |
| Down Beta | -0.74 | 0.05 | 0.50 | 2.09 | 0.48 | 1.09 |
| Up Capture | 320% | 261% | 136% | -160% | -14% | 45% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 9 | 17 | 23 | 47 | 112 | 341 |
| Down Capture | 305% | 439% | 363% | 280% | 128% | 110% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 8 | 21 | 34 | 73 | 133 | 389 |
[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 NEON | |
|---|---|---|---|---|
| NEON | -80.2% | 124.7% | -0.54 | - |
| Sector ETF (XLK) | 22.0% | 27.1% | 0.71 | 12.9% |
| Equity (SPY) | 15.9% | 19.2% | 0.64 | 12.6% |
| Gold (GLD) | 76.1% | 24.5% | 2.27 | 4.2% |
| Commodities (DBC) | 9.3% | 16.5% | 0.36 | 19.1% |
| Real Estate (VNQ) | 4.6% | 16.5% | 0.10 | 7.6% |
| Bitcoin (BTCUSD) | -24.7% | 40.5% | -0.60 | 12.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NEON | |
|---|---|---|---|---|
| NEON | -26.0% | 107.4% | 0.25 | - |
| Sector ETF (XLK) | 16.8% | 24.7% | 0.61 | 16.6% |
| Equity (SPY) | 14.2% | 17.0% | 0.66 | 17.7% |
| Gold (GLD) | 21.5% | 16.8% | 1.04 | 3.9% |
| Commodities (DBC) | 12.1% | 18.9% | 0.52 | 5.1% |
| Real Estate (VNQ) | 5.0% | 18.8% | 0.17 | 13.3% |
| Bitcoin (BTCUSD) | 18.0% | 57.4% | 0.52 | 13.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NEON | |
|---|---|---|---|---|
| NEON | -22.8% | 98.6% | 0.20 | - |
| Sector ETF (XLK) | 22.8% | 24.2% | 0.86 | 16.7% |
| Equity (SPY) | 15.7% | 17.9% | 0.75 | 17.7% |
| Gold (GLD) | 15.6% | 15.5% | 0.84 | 2.5% |
| Commodities (DBC) | 8.3% | 17.6% | 0.39 | 7.2% |
| Real Estate (VNQ) | 5.9% | 20.8% | 0.25 | 13.0% |
| Bitcoin (BTCUSD) | 69.3% | 66.5% | 1.09 | 10.4% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | -17.1% | -19.2% | -18.9% |
| 8/13/2025 | -1.0% | -3.0% | -81.2% |
| 3/21/2025 | -1.2% | 6.2% | 5.2% |
| 11/6/2024 | -2.6% | -8.1% | 7.3% |
| 8/8/2024 | 1.6% | 0.0% | 162.7% |
| 5/8/2024 | 0.0% | -2.5% | 7.0% |
| 2/28/2024 | -6.1% | -18.8% | -17.6% |
| 11/9/2023 | -7.6% | -9.9% | 16.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 5 | 12 |
| # Negative | 11 | 14 | 7 |
| Median Positive | 4.1% | 6.2% | 18.6% |
| Median Negative | -5.3% | -7.1% | -17.6% |
| Max Positive | 10.9% | 11.2% | 162.7% |
| Max Negative | -17.1% | -19.2% | -81.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/14/2025 | 10-Q |
| 12/31/2024 | 03/21/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 02/28/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/09/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
| 03/31/2022 | 05/11/2022 | 10-Q |
| 12/31/2021 | 03/10/2022 | 10-K |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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