Want to see NLST full AI Analyst Report?
NLST Stock Chart & Stats
$5.12
-$0.06(-2.26%)
At close: 4:00 PM EDT
$5.12
-$0.06(-2.26%)
Day’s Range― - ―
52-Week Range$0.45 - $7.00
Previous CloseN/A
Volume891.47K
Average Volume (3M)3.51M
Market Cap
$1.99B
Enterprise Value$1.03K
Total Cash (Recent Filing)$30.66M
Total Debt (Recent Filing)$3.59M
Price to Earnings (P/E)7375.0
Beta0.89
Next Earnings
Nov 03, 2026EPS Estimate
0.6Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding378,041,600
10 Day Avg. Volume1,569,882
30 Day Avg. Volume3,514,213
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)-50.61
Price to Sales (P/S)1.40
P/FCF Ratio-17.87
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$15.00Price Target Upside192.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.06
Revenue Forecast (FY)$424.70M
Bulls Say, Bears Say
Bulls Say
Revenue And Operating RecoveryThe sharp rebound in revenue and return to positive operating income indicate stronger product demand and improved execution. If this performance persists, greater scale can support reinvestment and strengthen Netlist’s position in high-performance memory markets over the next several quarters.
Samsung Strategic AllianceThe five-year Samsung alliance combines intellectual-property access, product supply, technology cooperation, and legal resolution in one relationship. It could improve supply visibility, reduce litigation overhang, and create a more durable platform for Netlist’s AI-focused memory development and IP monetization.
Low Financial LeverageModest debt and low leverage provide financial flexibility as Netlist funds product development and manages an uneven earnings history. Lower fixed obligations reduce pressure on operating resources and leave the company better positioned to pursue opportunities or absorb volatility than a highly levered peer.
Bears Say
Negative Cash ConversionNegative operating and free cash flow shows that the recent income-statement recovery has not yet translated into durable cash generation. Continued cash burn could constrain internally funded investment, increase reliance on external financing, and weaken confidence that reported profits will persist.
Dependence On Constrained DRAM ResaleResale-driven revenue may be less durable than growth from proprietary products because it depends on access to constrained DRAM and prevailing supply conditions. If shortages ease or pricing normalizes, Netlist could face pressure on revenue, gross margins, and its ability to sustain the current growth rate.
Litigation Execution UncertaintyNetlist’s IP monetization strategy remains exposed to lengthy, complex litigation and appeals across several venues. Uncertain rulings or delays could postpone expected payments, require continued legal spending, and make future revenue and cash generation less predictable even as procedural milestones advance.
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 $7.00 in the past 12 months.
What is Netlist’s market cap?
Netlist’s market cap is $1.99B.
When is Netlist’s upcoming earnings report date?
Netlist’s upcoming earnings report date is Nov 03, 2026 which is in 40 days.
How were Netlist’s earnings last quarter?
Netlist released its earnings results on Jul 30, 2026. The company reported $0.002 earnings per share for the quarter, beating the consensus estimate of $0 by $0.002.
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 0.6.
How many shares outstanding does Netlist have?
Netlist has 378,041,600 shares outstanding.
What happened to Netlist’s price movement after its last earnings report?
Netlist reported an EPS of $0.002 in its last earnings report, beating expectations of $0. Following the earnings report the stock price went down -2.495%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$15.00 (192.97% Upside)
$15.00 (192.97% Upside)
Blogger Sentiment
Bullish
NLST Sentiment 96%
Sector Average 63%
Sector Average 63%
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 11.2%
Last 30 Days ▲ 11.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
648.73%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
76.89%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a strongly positive near-term operational and financial performance with very large year-over-year revenue and gross profit gains, improved operating income, solid liquidity, efficient working capital, and advancing proprietary product development. The company also emphasized meaningful progress in expanding and enforcing its IP portfolio. Offsetting these positives are dependence on resale of constrained DRAM supplies, modest absolute operating income relative to revenue, and significant legal and timing uncertainties tied to multi-venue litigation and appeals that could materially affect future results. Overall the highlights outweigh the lowlights given the magnitude of revenue and profit improvements and available liquidity.View all NLST earnings summariesNLST Stock 12 Month Forecast
Average Price Target
$15.00
▲(192.97% Upside)