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 - $2.84
Previous CloseN/A
Volume186.92K
Average Volume (3M)1.32M
Market Cap
$867.25M
Enterprise Value$808.79M
Total Cash (Recent Filing)$31.78M
Total Debt (Recent Filing)$1.81M
Price to Earnings (P/E)―
Beta0.42
Next Earnings
May 12, 2026Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.08
Shares Outstanding316,515,350
10 Day Avg. Volume965,476
30 Day Avg. Volume1,322,039
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/Revenue4.29
Enterprise Value/Gross Profit70.70
Enterprise Value/Ebitda-43.98
Forecast
1Y Price Target
$3.00Price Target Upside68.54% 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 Growth MomentumSustained top-line recovery and a Q4 surge reflect improving product demand and commercial traction. Durable revenue growth supports scale economics, helps absorb fixed R&D and SG&A, and indicates the company can expand market share if it converts system integrator and OEM qualifications into recurring volume.
Strong IP Portfolio & EnforcementA validated patent portfolio and active enforcement create a structural competitive moat and recurring IP monetization potential. ITC proceedings and appellate wins increase leverage for licensing, deter infringement, and can produce long-term revenue streams or import restraints that protect product economics.
Improved Liquidity & Capital AccessMaterial cash build and explicit financing lines materially reduce near-term funding pressure and extend runway. Stronger liquidity lets management invest in R&D, support inventory to secure allocations, and sustain IP litigation/enforcement without immediate dilutive or emergency funding needs.
Bears Say
Persistent Negative Cash FlowChronic operating and free cash flow deficits create structural reliance on external capital and limit self-funding of growth. Even with improvement in 2025, continued negative cash generation constrains long-term reinvestment, increases dilution risk, and raises vulnerability if capital markets tighten.
Negative Shareholder EquityA shift to negative equity signals accumulated losses and balance-sheet erosion that can restrict strategic flexibility. Negative equity may hinder access to non-dilutive financing, worsen creditor covenants, and reduce investor confidence in the firm's capacity to absorb future shocks or fund large qualification-to-production ramps.
Prolonged Memory Supply ConstraintsAn industry-wide DRAM shortage is a structural headwind that limits unit volumes even as ASPs rise. Persistent supply tightness may cap Netlist's ability to convert OEM qualifications into sustained shipments, distort revenue mix toward opportunistic pricing, and prolong uneven growth until fab capacity increases.
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 $2.84 in the past 12 months.
What is Netlist’s market cap?
Netlist’s market cap is $867.25M.
When is Netlist’s upcoming earnings report date?
Netlist’s upcoming earnings report date is May 12, 2026 which is in 6 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 (68.54% Upside)
$3.00 (68.54% 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 ▲ 10.0%
Last 30 Days ▲ 16.6%
Last 30 Days ▲ 16.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
100.90%
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
▲(68.54% Upside)
Technical Analysis
Ownership Overview
3.85% Insiders
<0.01% Other Institutional Investors
96.14% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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