Is LPTH or NEON more undervalued in 2026?

CirclFi compares LightPath Technologies, Inc. (LPTH) and Neonode Inc. (NEON) using 13 institutional-grade valuation models. LPTH has a Quality of Company score of 6.5/10 while NEON scores 7.4/10.

Which is a better buy — LPTH or NEON?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do LPTH and NEON valuations compare?

LPTH at $18.15 and NEON at $1.81 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

LPTH vs NEON Valuation Comparison 2026 — Intrinsic Value Analysis

LPTH

Electronic Components

LightPath Technologies, Inc.

Quality

6.5

out of 10

Value Trap

LOW

Price

$18.15

Last close

Models

12/13

Active

NEON

Electronic Components

Neonode Inc.

Quality

7.4

out of 10

Value Trap

SAFE

Price

$1.81

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	LPTH Fair Value	LPTH Upside	NEON Fair Value	NEON Upside
Bayesian DCF	Intrinsic	$4.00	-78.0%	$4.04	+123.1%
Earnings Power Value	Intrinsic	$3.02	-77.9%	$6.96	+284.3%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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LPTH vs NEON — Which Stock Is More Undervalued?

NEON scores higher with a 7.4/10 quality rating vs LPTH's 6.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing LightPath Technologies, Inc. (LPTH) and Neonode Inc. (NEON) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

LPTH currently trades at $18.15 with a QOC of 6.5/10, while NEON trades at $1.81 with a QOC of 7.4/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).