Neonode Stock Plunges 10.25% Amid Investor Sentiment Shift

On July 18, 2025, Neonode's stock experienced a significant drop of 10.25% in pre-market trading, reflecting a notable decline in investor sentiment.

Neonode Inc. has recently faced challenges that have impacted its stock performance. On July 16, the company's shares fell by 3.18% during mid-day trading, reaching an intraday low of $25.95 before recovering slightly to $26.51. This decline placed the stock 5.59% below its 52-week high of $28.08, despite being 1,097.06% above its 52-week low of $2.21.

Analysts have provided mixed forecasts for Neonode. Based on one-year price targets from two analysts, the average target price for Neonode is $26.75, with a high estimate of $37.00 and a low estimate of $16.50. This average target implies a modest upside of 0.91% from the current price. However, GuruFocus estimates suggest a significant downside, with an estimated GF Value of $2.08 in one year, indicating a potential downside of 92.15% from the current price.

Despite the mixed analyst opinions, the consensus recommendation from brokerage firms indicates a "Buy" status for Neonode, with an average brokerage recommendation of 1.0 on a scale where 1 signifies a Strong Buy and 5 denotes a Sell. This recommendation suggests that some analysts remain optimistic about the company's long-term prospects, despite recent market volatility.