Netlist (NLST)
OTHER OTC:NLST
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NLST Stock Chart & Stats
$1.71
-$0.05(-5.69%)
At close: 4:00 PM EST
$1.71
-$0.05(-5.69%)
Day’s Range― - ―
52-Week Range$0.45 - $1.93
Previous CloseN/A
Volume186.92K
Average Volume (3M)1.33M
Market Cap
$541.24M
Enterprise Value$511.27M
Total Cash (Recent Filing)$31.78M
Total Debt (Recent Filing)$1.81M
Price to Earnings (P/E)―
Beta0.13
Next Earnings
May 12, 2026Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding316,515,350
10 Day Avg. Volume891,275
30 Day Avg. Volume1,326,126
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 Cap0.94
Enterprise Value/Revenue2.71
Enterprise Value/Gross Profit44.69
Enterprise Value/Ebitda-27.80
Forecast
1Y Price Target
$3.00Price Target Upside75.44% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.04
Revenue Forecast (FY)$166.00M
Bulls Say, Bears Say
Bulls Say
Revenue Rebound And Improving MarginsSustained revenue growth (2025 +28% YoY; Q4 +121% YoY) and a meaningful gross margin improvement indicate stronger product demand and pricing power. This trend supports a durable path toward operating leverage if volumes scale and cost structure remains controlled over the next several quarters.
Robust IP Portfolio And Enforcement WinsValidated patents and active enforcement (appellate affirmances, ITC action) strengthen a structural competitive moat. Successful IP outcomes can yield licensing income, inhibit competitor product access, and create long-term revenue or settlement pathways beyond product sales.
Improved Liquidity And Lower Operating ExpenseA materially stronger cash position and reduced operating spend materially extend runway and reduce near-term financing risk. Combined with a $10M working-capital line and equity-line capacity, this durable liquidity allows continued R&D, IP enforcement, and OEM qualification efforts.
Bears Say
Negative Shareholder EquityNegative equity reflects accumulated losses and weak balance-sheet resilience, constraining strategic flexibility. Over time this increases reliance on external capital, heightens dilution risk, and can limit the company's ability to invest opportunistically or absorb prolonged market headwinds.
Persistent Negative Cash GenerationFour consecutive years of negative operating and free cash flow show the business has not yet established self-sustaining cash generation. Reliance on financings to fund operations is a structural constraint that raises refinancing and dilution risk over a multi-quarter horizon.
Supply Constraints And Litigation Risk Limiting ScaleA prolonged DRAM supply shortage into 2H 2027 and active, consequential litigation create durable headwinds to converting OEM qualifications into sustained volume. These structural limits can suppress unit growth even while ASPs temporarily lift revenue.
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 $1.93 in the past 12 months.
What is Netlist’s market cap?
Netlist’s market cap is $541.24M.
When is Netlist’s upcoming earnings report date?
Netlist’s upcoming earnings report date is May 12, 2026 which is in 25 days.
How were Netlist’s earnings last quarter?
Netlist released its earnings results on Mar 03, 2026. The company reported -$0.008 earnings per share for the quarter, beating the consensus estimate of -$0.01 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.
How many shares outstanding does Netlist have?
Netlist has 316,515,350 shares outstanding.
What happened to Netlist’s price movement after its last earnings report?
Netlist reported an EPS of -$0.008 in its last earnings report, beating expectations of -$0.01. Following the earnings report the stock price went up 0.322%.
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:
$3.00 (75.44% Upside)
$3.00 (75.44% Upside)
Blogger Sentiment
Bullish
NLST Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $172.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.4%
Last 30 Days ▲ 14.7%
Last 30 Days ▲ 14.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
87.91%
12-Months-Change
Fundamentals
Return on Equity
253.79%
Trailing 12-Months
Asset Growth
17.80%
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
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a predominantly positive operational and strategic picture: solid top-line growth (FY revenue +28%, Q4 +121%), improved margins driven by favorable pricing, meaningful R&D progress (CXL NVDIMM, LPMRDIMM) and several important IP/legal victories and enforcement actions that strengthen Netlist's strategic position. Balance-sheet improvements (cash up materially, reduced operating expenses) and working-capital gains further support the company. Principal risks highlighted include a prolonged industry-wide memory shortage limiting unit volumes until new fab capacity in 2H 2027, ongoing litigation uncertainty and the timing risk of converting OEM qualifications into sustained volume. Overall, the positive financial and IP developments outweigh the operational and legal risks discussed.View all NLST earnings summariesNLST Stock 12 Month Forecast
Average Price Target
$3.00
▲(75.44% Upside)
Technical Analysis
Ownership Overview
Options Prices
Currently, No data available
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