What is Roth Capital's Estimate for Netlist FY2024 Earnings?

Netlist, Inc. (OTCMKTS:NLST - Free Report) - Stock analysts at Roth Capital increased their FY2024 EPS estimates for Netlist in a research report issued on Tuesday, October 29th. Roth Capital analyst S. Desilva now expects that the semiconductor company will earn ($0.17) per share for the year, up from their previous estimate of ($0.21). The consensus estimate for Netlist's current full-year earnings is ($0.21) per share. Roth Capital also issued estimates for Netlist's Q4 2024 earnings at ($0.03) EPS, Q1 2025 earnings at ($0.02) EPS, Q2 2025 earnings at ($0.02) EPS, Q4 2025 earnings at ($0.01) EPS and FY2025 earnings at ($0.07) EPS.

Netlist (OTCMKTS:NLST - Get Free Report) last released its quarterly earnings results on Tuesday, July 30th. The semiconductor company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The firm had revenue of $36.84 million for the quarter, compared to analysts' expectations of $37.00 million. Netlist had a negative net margin of 37.19% and a negative return on equity of 480.98%.

Other equities analysts also recently issued research reports about the stock. StockNews.com downgraded shares of Netlist from a "hold" rating to a "sell" rating in a report on Monday. Roth Mkm cut their price target on shares of Netlist from $4.00 to $2.00 and set a "buy" rating on the stock in a report on Wednesday.

Netlist Stock Up 10.6 %

Shares of Netlist stock traded up $0.10 during midday trading on Friday, hitting $1.05. The company had a trading volume of 965,256 shares, compared to its average volume of 1,459,237. The stock has a market cap of $285.43 million, a price-to-earnings ratio of -4.77 and a beta of 1.05. The company has a fifty day simple moving average of $1.13 and a 200 day simple moving average of $1.31. Netlist has a 12-month low of $0.83 and a 12-month high of $2.97.

Netlist Company Profile

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 efficient 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.