Can Neon form compounds? If so, what is it?

No.

The electronic configuration of neon is Ne : 1s² 2s² 2p⁶ (or simply Ne : 2, 8)

Low-lying (low-energy) empty d orbitals are needed in expansion of octet to form compounds. However, the 3d empty orbitals of neon are not low-lying.

Have you tried the simple route of consulting Wikipedia: Go to
https://en.wikipedia.org/wiki/Neon_compounds
Neon compounds were long believed not to exist. Neutral neon-containing molecules were only discovered in the twenty-first century, and even today are not well known........ However, there are molecular ions which contain neon, as well as temporary excited neon-containing molecules called excimers.
Neon can form a very weak bond to a transition metal atom as a ligand, for example Cr(CO)5Ne, Mo(CO)5Ne, and W(CO)5Ne
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Neon, no. Other noble gases, yes. https://en.wikipedia.org/wiki/Noble_gas_compound

No it can't, so it's called a noble gas

no