Netlist (NLST)
OTHER OTC:NLST
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NLST Stock Chart & Stats
$1.78
-$0.05(-5.69%)
At close: 4:00 PM EST
$1.78
-$0.05(-5.69%)
Day’s Range― - ―
52-Week Range$0.45 - $3.97
Previous CloseN/A
Volume186.92K
Average Volume (3M)2.95M
Market Cap
$949.95M
Enterprise Value$830.43M
Total Cash (Recent Filing)$17.00M
Total Debt (Recent Filing)$3.81M
Price to Earnings (P/E)―
Beta0.46
Next Earnings
Aug 04, 2026Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding333,317,140
10 Day Avg. Volume1,384,629
30 Day Avg. Volume2,947,404
Financial Highlights & Ratios
PEG Ratio0.18
Price to Book (P/B)-50.61
Price to Sales (P/S)1.40
P/FCF Ratio-17.87
Enterprise Value/Market Cap0.87
Enterprise Value/Revenue3.14
Enterprise Value/Gross Profit25.53
Enterprise Value/Ebitda359.49
Forecast
1Y Price Target
$5.00Price Target Upside180.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)$322.10M
Bulls Say, Bears Say
Bulls Say
Record Revenue GrowthSustained, rapid top‑line growth driven by tight DRAM supply and strong demand indicates expanding commercial traction and scale. Over 2–6 months this supports higher fixed‑cost absorption, improved leverage, and a clearer path to durable profitability if revenue trends hold.
Product Portfolio MomentumOEM qualifications for high‑performance DDR5 Lightning products and ongoing ramp establish defensible commercial relationships and recurring revenue potential. Progress on product certifications and shipments creates a sustainable pipeline versus one‑time resale revenue over the medium term.
Strengthening IP PositionRecent favorable rulings and USPTO outcomes materially strengthen Netlist’s patent portfolio, enhancing licensing leverage and deterrence. Validated IP supports long‑term monetization and bargaining power in supplier/customer negotiations and potential settlement proceeds.
Bears Say
Persistent Cash BurnMaterial negative operating and free cash flow over trailing twelve months signals ongoing funding needs and raises dilution or financing risk. Absent sustained operating profits, the company may rely on equity lines or warrants, which can pressure capital structure and long‑term resilience.
High Resale Revenue MixA heavy reliance on third‑party resale sales limits capture of higher gross margins tied to proprietary products. This constrains structural margin expansion and makes revenues sensitive to supply chain shifts and reseller inventory cycles versus stable, differentiated product sales.
Ongoing Litigation RiskSignificant unresolved IP litigation and upcoming ITC trials create legal and operational tail risk. Case outcomes could materially alter revenue, force injunctions or settlements, and impose substantial legal costs, making future cash flow and licensing prospects uncertain over the medium term.
Netlist News
NLST FAQ
What was Netlist’s price range in the past 12 months?
Netlist lowest stock price was $0.45 and its highest was $3.97 in the past 12 months.
What is Netlist’s market cap?
Netlist’s market cap is $949.95M.
When is Netlist’s upcoming earnings report date?
Netlist’s upcoming earnings report date is Aug 04, 2026 which is in 45 days.
How were Netlist’s earnings last quarter?
Netlist released its earnings results on May 12, 2026. The company reported $0.033 earnings per share for the quarter, beating the consensus estimate of $0 by $0.033.
Is Netlist overvalued?
According to Wall Street analysts Netlist’s price is currently Undervalued.
Does Netlist pay dividends?
Netlist does not currently pay dividends.
What is Netlist’s EPS estimate?
Netlist’s EPS estimate is 0.
How many shares outstanding does Netlist have?
Netlist has 333,317,140 shares outstanding.
What happened to Netlist’s price movement after its last earnings report?
Netlist reported an EPS of $0.033 in its last earnings report, beating expectations of $0. Following the earnings report the stock price went down -12.609%.
Which hedge fund is a major shareholder of Netlist?
Currently, no hedge funds are holding shares in NLST
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Netlist Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$5.00 (180.90% Upside)
$5.00 (180.90% Upside)
Blogger Sentiment
Bullish
NLST Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $131.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 13.6%
Last 30 Days ▲ 13.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
307.14%
12-Months-Change
Fundamentals
Return on Equity
178.35%
Trailing 12-Months
Asset Growth
170.18%
Trailing 12-Months
Company Description
Netlist
Netlist, Inc. engineers, manufactures, and distributes memory subsystems, catering to the server, high-performance computing, and telecommunications sectors both domestically and internationally. Their product line includes HybriDIMM, an advanced storage class memory solution that integrates dynamic random-access memory (DRAM) with NAND flash into a convenient plug-and-play module, offering terabyte-scale storage at nanosecond speeds. They also provide nonvolatile (NV) memory offerings, such as the NVvault DDR4 NVDIMM, which facilitates data acceleration and protection through a standard DDR4 interface, alongside specialized DIMMs and embedded flash products for data center and industrial applications. Furthermore, Netlist resells component products like solid-state drives (SSDs), NAND flash, and DRAM to various clients including storage and appliance manufacturers, system builders, and cloud/data center operators. The company additionally sells its component inventory to distributors and other purchasers of memory integrated circuits. Their sales efforts are managed by an in-house sales force complemented by a network of independent representatives. Netlist, Inc. was founded in 2000 and has its headquarters in Irvine, California.
NLST Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was overall positive: management reported record revenue (+262% YoY), a substantial improvement in operating income (+$18M YoY), improved working capital metrics, tangible product momentum (DDR5 Lightning ramp, CXL NVvault sampling, MRDIMM development) and multiple IP/legal validations. Key risks remain, including a high resale revenue mix (~80% resale), ongoing litigation with uncertain outcomes, market supply timing that could extend to 2029, and potential deceleration in pricing momentum. On balance the favorable financial results, product progress and IP wins outweigh the risks communicated in the call.View all NLST earnings summariesNLST Stock 12 Month Forecast
Average Price Target
$5.00
▲(180.90% Upside)
Technical Analysis
Ownership Overview
Options Prices
Currently, No data available
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