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)3.20M
Market Cap
$1.08B
Enterprise Value$1.01B
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. Volume2,260,796
30 Day Avg. Volume3,197,857
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 Cap0.93
Enterprise Value/Revenue3.81
Enterprise Value/Gross Profit30.95
Enterprise Value/Ebitda533.24
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
Revenue Growth MomentumSustained top-line acceleration reflects strong end-market demand and scale benefits. Higher revenue improves ability to invest in product development and IP monetization, supports margin leverage as proprietary mix grows, and reduces breakeven risk over the medium term.
Product Portfolio MomentumAdvancement of DDR5 Lightning, CXL NVvault sampling and MRDIMM R&D positions the company in higher-value, differentiated memory niches. OEM qualifications and early supplier status create structural routes to recurring, higher-margin product revenues over multiple years.
IP And Legal ValidationsCourt and USPTO wins strengthen Netlist's patent portfolio, creating durable competitive barriers and leverage for licensing or settlements. Validations enhance bargaining power with OEMs and potential recurring IP revenue streams if litigation outcomes remain favorable.
Bears Say
Weak Cash GenerationPersistent negative operating and free cash flow indicate structural cash burn. This necessitates ongoing external funding or equity dilution to sustain operations and R&D, limiting financial flexibility and increasing vulnerability if top-line momentum slows or margins compress.
High Resale Revenue MixA resale-heavy model limits durable margin expansion and exposes revenue to third-party inventory/pricing cycles. Until proprietary products form a larger share, revenue and margins remain tied to volatile DRAM markets rather than company-controlled, higher-value offerings.
Ongoing Litigation UncertaintyActive ITC and appellate proceedings create binary outcomes that can materially affect future licensing revenue, product availability, and legal costs. Even with prior validations, trial results and appeals timelines produce sustained execution and cash-flow risk for investors.
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 $1.08B.
When is Netlist’s upcoming earnings report date?
Netlist’s upcoming earnings report date is Aug 04, 2026 which is in 61 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 $195.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 26.4%
Last 30 Days ▲ 26.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
352.01%
12-Months-Change
Fundamentals
Return on Equity
178.35%
Trailing 12-Months
Asset Growth
170.18%
Trailing 12-Months
Company Description
Netlist
Netlist, Inc. designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. It offers HybriDIMM, a storage class memory product, which unifies dynamic random-access memory (DRAM) and NAND flash in a plug-and-play module delivering terabyte storage capacities operating at nanosecond memory speeds. The company also provides nonvolatile (NV) memory products, such as NVvault DDR4 NVDIMM that provides data acceleration and protection in a joint electron device engineering council standard DDR4 interface; and specialty DIMMs and embedded flash products for use in data center and industrial applications. It resells component products, including solid state drive (SSDs), NAND flash, and DRAM products to storage customers, appliance customers, system builders, and cloud and datacenter customers; and sells component inventory to distributors and other users of memory integrated circuits. The company markets and sells its products through a direct sales force and a network of independent sales representatives. Netlist, Inc. was incorporated in 2000 and is headquartered 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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