Neonode Inc. found using ticker (NEON) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 12 and 8 calculating the average target price we see 10. With the stocks previous close at 6.95 this now indicates there is a potential upside of 43.9%. The 50 day MA is 7.57 and the 200 moving average now moves to 8.43. The market cap for the company is $82m. You can visit the company’s website by visiting: http://www.neonode.com
The potential market cap would be $118m based on the market concensus.
Neonode Inc., together with its subsidiaries, develops and licenses user interface and optical interactive touch solutions under the zForce brand in the United States, Japan, China, Germany, and internationally. It develops optical touch and gesture solutions for human interaction with devices. The company licenses its touch technology to original equipment manufacturers and Tier 1 suppliers. It also provides engineering consulting services. The company sells Neonode branded sensor products, such as AirBar products through distributors and directly to consumers. Neonode Inc. was incorporated in 1997 and is headquartered in Stockholm, Sweden.
