Neutron (NASDAQ:LIME) Shares Up 7% – Here’s Why

Neutron Holdings, Inc. (NASDAQ:LIME)’s share price shot up 7% on Wednesday. The company traded as high as $28.14 and last traded at $28.1190. 96,878 shares changed hands during trading, a decline of 73% from the average daily volume of 360,131 shares. The stock had previously closed at $26.28.

Wall Street Analysts Forecast Growth

LIME has been the subject of a number of recent analyst reports. William Blair started coverage on shares of Neutron in a report on Monday, July 27th. They set an “outperform” rating for the company. Zacks Research raised Neutron to a “hold” rating in a research report on Tuesday, July 28th. Weiss Ratings began coverage on Neutron in a research note on Friday, September 25th. They set a “hold (c)” rating for the company. KeyCorp increased their target price on Neutron from $33.00 to $37.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Finally, Evercore initiated coverage on Neutron in a report on Monday, July 27th. They issued an “outperform” rating and a $40.00 target price on the stock. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Neutron currently has a consensus rating of “Moderate Buy” and an average price target of $38.86.

Neutron Trading Up 6.8%

The stock has a 50-day simple moving average of $33.16. The company has a market capitalization of $1.82 billion and a price-to-earnings ratio of -2,813.00.

Neutron (NASDAQ:LIME) last released its earnings results on Tuesday, August 4th. The company reported $4.73 EPS for the quarter, beating the consensus estimate of ($0.01) by $4.74. Analysts expect that Neutron Holdings, Inc. will post 2.42 earnings per share for the current fiscal year.

About Neutron

Lime is the largest global shared micromobility business. We are on a mission to build a future where transportation is shared, affordable, and carbon-free. Lime provides convenient and reliable short-term rentals of e-scooters and e-bikes at an affordable price. As of December 31, 2025, we operated in approximately 230 cities(1) across 29 countries(2). In 2025, we delivered a seamless rider experience to approximately 19 million riders. Our market leadership and scale have made Lime a widely recognized brand — valued by riders for our availability and trusted by cities for our operating track record.