Stocktoria
NETLIST INC NLST
NETLIST INC (NLST) earns a Piotroski F-score of 5/9 (mixed financial health). It does not currently pay a dividend. FY2025 revenue was $188.6M at a -13.2% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.6 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Manufacturing · percentile among 1980 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NLST | NETLIST INC | 5/9 | — | — | +28.2% |
| MX | MAGNACHIP SEMICONDUCTOR Corp | 3/9 | 6.32 | — | -8.9% |
| INDI | indie Semiconductor, Inc. | 2/9 | -1.19 | — | +0.3% |
| LASR | NLIGHT, INC. | 5/9 | 2.25 | — | +31.6% |
| FTCI | FTC Solar, Inc. | 4/9 | -13.15 | — | +110.5% |
| AXTI | AXT INC | 2/9 | 4.67 | — | -11.1% |
| AMBQ | Ambiq Micro, Inc. | 4/9 | 5.22 | — | -4.7% |
About NETLIST INC
Netlist, Inc. designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. The company portfolio of proprietary technologies and design techniques includes planar design, alternative packaging techniques, and custom semiconductor logic to deliver memory subsystems; and sells specialty memory modules and flash-based products for use in data center and industrial applications. It resells component products, including solid state drive (SSD), dynamic random-access memory, NAND flash, and dual inline memory module (DIMM) 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.
FAQ
Is NLST financially healthy?
NETLIST INC's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak).
Does NLST pay a dividend?
No, NETLIST INC does not currently pay a dividend.
How profitable is NLST?
In FY2025, NETLIST INC had a net margin of -13.2%.
What is the analyst price target for NLST?
The average Wall-Street price target for NETLIST INC is $5.00, about 6.2% below the recent price, from 1 analysts (consensus: strong buy).
Is NLST a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on NETLIST INC: a Piotroski F-score of 5/9. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-27. Facts plus Stocktoria's own computed scores — not investment advice.