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NLST Stock Chart & Stats
$2.50
-$0.06(-2.26%)
At close: 4:00 PM EDT
$2.50
-$0.06(-2.26%)
Day’s Range― - ―
52-Week Range$0.45 - $3.97
Previous CloseN/A
Volume891.47K
Average Volume (3M)881.97K
Market Cap
$783.30M
Enterprise Value$1.03K
Total Cash (Recent Filing)$30.66M
Total Debt (Recent Filing)$3.59M
Price to Earnings (P/E)2937.5
Beta0.44
Next Earnings
Nov 03, 2026EPS Estimate
0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding333,317,140
10 Day Avg. Volume771,562
30 Day Avg. Volume881,972
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
$5.00Price Target Upside100.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.03
Revenue Forecast (FY)$374.90M
Bulls Say, Bears Say
Bulls Say
Strong Revenue GrowthSustained, large top-line gains reflect meaningful demand traction in enterprise/cloud memory products and materially expand the revenue base. This scale helps absorb fixed costs, funds continued R&D/IP investment, and supports a more durable operating profile if growth persists over coming quarters.
Liquidity & Working Capital EfficiencyAmple liquidity combined with exceptionally tight receivables and inventory turns materially lowers near-term funding strain and gives management flexibility to fund operations, drive product launches, and pursue IP enforcement. Efficient cash conversion reduces refinancing risk while revenue scales.
Product Traction & R&D MomentumProgressing proprietary products (DDR5, CXL NVvault sampling, MRDIMM development) indicates the company is moving from resale to differentiated offerings. Sampling with major OEMs and SoC vendors and early revenue from branded modules support the potential for durable, higher-margin product revenue over the medium term.
Bears Say
Negative Cash GenerationPersistent negative operating and free cash flow is a structural constraint: it necessitates external funding (equity or debt), limits reinvestment capacity, and increases dilution or leverage risk. Until operating cash flow turns sustainably positive, the company’s ability to scale and withstand shocks is constrained.
Legal & Timing UncertaintyNetlist’s IP monetization and some revenue prospects depend on protracted litigation and ITC outcomes. The uncertainty in timing and result creates binary risks to future licensing revenue, may divert management focus and cash to legal costs, and could materially alter long-run revenue if rulings go adverse.
Reliance On DRAM ResaleReliance on resale of constrained DRAM exposes revenue and margins to normalization of supply and pricing, and to supplier concentration risk. If DRAM availability or spreads normalize, product revenue and gross margin could compress unless proprietary, higher-margin products scale as planned.
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 $783.30M.
When is Netlist’s upcoming earnings report date?
Netlist’s upcoming earnings report date is Nov 03, 2026 which is in 92 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 0.01.
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 $0.002 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
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4
5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$5.00 (100.00% Upside)
$5.00 (100.00% Upside)
Blogger Sentiment
Bullish
NLST Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $131.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.9%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
256.64%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
76.89%
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
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
$5.00
▲(100.00% Upside)