NEON (Neonode) Shares Outstanding (Basic Average): 16.78 Mil (As of Mar. 2026)


NEON Neonode Inc NEON
54 GF Score
Price $0.97
GF Value $2.27
Valuation Possible Value Trap
! 2 Warning Signs
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What is Neonode Shares Outstanding (Basic Average)?

Neonode NEON -0.98% 54 Shares Outstanding (Basic Average) is 16.78 Mil as of Mar. 2026. GuruFocus rates NEON with a GF Score™ of 54/100 and a GF Value™ of $2.27 (Possible Value Trap). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Neonode's average basic shares outstanding for the quarter that ended in Mar. 2026 was 16.78 Mil.


Neonode  (NAS:NEON) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Neonode Shares Outstanding (Basic Average) Related Terms


Neonode Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Neonode's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Neonode Shares Outstanding (Basic Average) Chart

Neonode Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.91 13.63 15.32 15.87 16.78

Neonode Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.78 16.78 16.78 16.78 16.78
NEON
54GF Score
Neonode Inc NEON
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Neonode Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 16.78 Mil mean?
Neonode (NEON) has a Shares Outstanding (Basic Average) of 16.78 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Neonode and its competitors.
Is Neonode's Shares Outstanding (Basic Average) too high?
Neonode's current Shares Outstanding (Basic Average) is 16.78 Mil. Overall, Neonode has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Neonode's Shares Outstanding (Basic Average) compare to REFR and DAIO?
Neonode's Shares Outstanding (Basic Average) of 16.78 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Hardware company?
A good Shares Outstanding (Basic Average) depends on the Hardware industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Neonode and its competitors. Neonode's current Shares Outstanding (Basic Average) is 16.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neonode stock overvalued right now?
Based on GuruFocus' analysis, Neonode (NEON) is currently considered Possible Value Trap. The stock's GF Value™ is $2.27, compared to a current price of $0.97 — trading 57.3% below its estimated fair value. The current Shares Outstanding (Basic Average) is 16.78 Mil. Neonode's overall GF Score™ is 54/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Neonode (NEON), the current Shares Outstanding (Basic Average) is 16.78 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Neonode (NEON) Overvalued in 2026?

Based on GuruFocus' analysis, Neonode stock appears to be undervalued. The current stock price of $0.97 is trading 57.3% below its estimated GF Value™ of $2.27. GuruFocus considers Neonode to be Possible Value Trap.

Key valuation signals for NEON:

  • Shares Outstanding (Basic Average): 16.78 Mil
  • GF Value™: $2.27 vs. price of $0.97 (57.3% below fair value)
  • GF Score™: 54/100 with 2 warning signs

No single metric tells the full story. See the NEON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neonode Business Description

Address Karlavagen 100, Stockholm, SWE, 115 26
Neonode Inc provides software solutions for machine perception that feature machine learning algorithms to detect and track persons and objects in video streams from cameras and other types of imagers. Its machine perception solutions are based on the MultiSensing technology platform. The company also offers optical sensing solutions for contactless touch and gesture sensing. It markets and sells its solutions mainly to customers in the automotive sector, along with other markets such as office equipment, industrial automation, medical, military, and avionics. Geographically, the company operates in Japan, South Korea, Germany, Sweden, China, and other regions, with a majority of its revenue generated from Japan.
54GF Score

Get the complete analysis for NEON

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.97
Price
$2.27
GF Value