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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)1.34M
Market Cap
$948.62M
Enterprise Value$830.43M
Total Cash (Recent Filing)$17.00M
Total Debt (Recent Filing)$4.41M
Price to Earnings (P/E)―
Beta0.44
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. Volume869,206
30 Day Avg. Volume1,337,464
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 Cap0.88
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
Strong Revenue GrowthExceptionally strong top-line growth reflects durable demand from tight memory supply and improving DRAM pricing. Such large revenue gains support scale for R&D and product qualification efforts, increasing odds that temporary resale-driven spikes translate into lasting higher revenue baselines.
Product And IP MomentumProgress on next-generation products (CXL NVvault, MRDIMM) combined with validated patents creates structural differentiation. OEM sampling and legal patent affirmations enhance barriers to entry, enabling potential long-term licensing, higher-margin proprietary sales, and stronger negotiating leverage with large customers.
Improved Liquidity And Working CapitalA stronger near-term cash position and committed financing lines materially reduce imminent funding risk. Improved DSO and a ~16-day cash cycle enhance operational flexibility, giving management runway to commercialize products and bridge to sustainable positive cash flow if revenue momentum continues.
Bears Say
Persistent Cash BurnMaterial negative operating and free cash flow across the trailing twelve months signals the business still consumes cash to run. Continued cash burn forces dependence on financing or equity raises, which can dilute shareholders and create refinancing risk if product ramps or pricing trends falter.
High Resale Revenue MixHeavy reliance on resale limits durable margin expansion and reduces differentiation; resale revenue is sensitive to third-party inventory and DRAM price cycles. Until proprietary product mix meaningfully increases, revenue quality and long-term margin sustainability remain vulnerable to market swings.
Litigation And Outcome UncertaintyOngoing high-stakes IP litigation creates multi-period legal costs and outcome risk that could materially alter revenue and licensing prospects. Even with favorable rulings to date, trial results or appeals could change enforceability, monetize potential, or require settlements, adding strategic and financial uncertainty.
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 $948.62M.
When is Netlist’s upcoming earnings report date?
Netlist’s upcoming earnings report date is Aug 04, 2026 which is in 26 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 100%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth $131.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.6%
Last 30 Days ▲ 14.3%
Last 30 Days ▲ 14.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
368.39%
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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