Netlist, Inc. (NLST) Fair Value 2026

NLST · Electronics & Computer Distribution ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

7.1 /10

32 fundamental signals · 2 models active

Value Trap Risk

LOW (26/100)

Quick Summary — As of 2026-08-27, Netlist, Inc. (NLST) trades at $6.09, versus a $5.64 median fair value across its 2 active models — 7.4% below the current price. QOC: 7.1/10. Value Trap Risk: 26/100 (LOW). 2/13 models active.

Key Facts

Ticker
NLST
Price
$6.09
Quality Score
7.1/10
Value Trap Risk
26/100
Models Active
2/13
Last Updated
Strength: Regime Cross-Sectional suggests +11.5% upside with 42% confidence
Risk: Limited model coverage (2/13) may reduce confidence

Is Netlist, Inc. (NLST) Undervalued or Overvalued in 2026?

According to CirclFi’s 2-model valuation engine, Netlist, Inc. (NLST) appears fairly valued as of : the median of 2 independent fair value estimates is $5.64, within 7.4% of the current price of $6.09. Estimates range from $4.49 to $6.79. NLST scores 7.1/10 on fundamental quality and 26/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. NLST’s -7.4% gap is narrower than that market norm. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Netlist, Inc. Stock in 2026? →

What Fair Value Does Each Model Give NLST?

2 Intrinsic Value Models vs. Current Price ($6.09)

Core Models (Unlocked)
Model Fair Value Upside
Relative · Medium Conviction
 $6.79 +11.5%
Relative · Low Conviction
 $4.49 -26.3%

All Models Active

All 2 models are displayed above.

What Is Netlist, Inc. (NLST) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Netlist, Inc.'s intrinsic value is estimated at a median $5.64, showing conflicting signals at the current price of $6.09. While the median implied return is -7.4%, model disagreement is elevated with a gap of +37.8% between the most bullish and bearish estimates. The most optimistic model, Regime Cross, places fair value at $6.79 (+11.5%), while FTNN — the most conservative — estimates $4.49 (-26.3%). This +37.8% gap reflects genuine analytical uncertainty about Netlist, Inc.'s intrinsic worth.

What Do the Models Say About NLST?

2 of 13 models are currently active for NLST. Of these, 1 model suggests upside while 1 model suggests overvaluation. Taken together, their median fair value for NLST is $5.64 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does NLST Rank in Electronics & Computer Distribution?

Among 12 Electronics & Computer Distribution stocks, NLST ranks #8 by Quality of Company score. CirclFi's QOC score of 7.1/10 evaluates 32 fundamental signals. A score of 7.1 indicates above-average quality.

Netlist, Inc. operates in a competitive landscape where fundamental quality metrics are key differentiators for long-term value creation.

Is NLST a Value Trap?

CirclFi's Value Trap algorithm assigns NLST a score of 26/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

2 of 13 models are active for Netlist, Inc.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi 32-factor quality framework, Netlist, Inc.'s fundamental quality profile registers 7.1/10. This respectable score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.

The gap between the most bullish and bearish model spans +37.8% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every NLST valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across NLST's 2 active models, average confidence is 24%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Netlist, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Electronics & Computer Distribution Stocks Should You Also Analyze?

11 related Electronics & Computer Distribution stocks with 13-model coverage

CLMBClimb Global Solutions, Inc.QOC 8.8EACOEACO CorporationQOC 8.8CNXNPC Connection, Inc.QOC 8.2SCSCScanSource, Inc.QOC 8.1SNXTD SYNNEX CorporationQOC 8.0SPRSSurge Components, Inc.QOC 7.4NSITInsight Enterprises, Inc.QOC 7.3AVTAvnet, Inc.QOC 7.0ARWArrow Electronics, Inc.QOC 7.0TAITTaitron Components IncorporatedQOC 6.7IZMICZOOM Group Inc.QOC 2.8

Read investment analysis: CLMB · EACO · CNXN · SCSC · SNX · SPRS · NSIT · AVT · ARW · TAIT · IZM

Which Other Stocks Have a Similar Quality Score to NLST?

7 companies across all industries closest to NLST’s Quality of Company score of 7.1/10.

NVCRNovoCure LimitedQOC 7.1OGSONE Gas, Inc.QOC 7.1VIAVViavi Solutions Inc.QOC 7.1PORPortland General Electric CompanyQOC 7.1BRBSBlue Ridge Bankshares, Inc.QOC 7.1CYHCommunity Health Systems, Inc.QOC 7.1NVDANVIDIA CorporationQOC 10.0

Read investment analysis: NVCR · OGS · VIAV · POR · BRBS · CYH · NVDA

What Else Do Investors Ask About Netlist, Inc.’s Valuation?

What is Netlist, Inc.'s intrinsic value in 2026?

CirclFi puts Netlist, Inc. (NLST)'s intrinsic value at $5.64 — the median of 2 independent model estimates as of 2026-08-27, ranging from $4.49 to $6.79. The Quality of Company score is 7.1/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is NLST overvalued or undervalued right now?

At $6.09, 1 of 2 active models suggest NLST may be undervalued, while 1 indicate potential overvaluation. The median of all 2 fair value estimates is $5.64, within 7.4% of the current price of $6.09 — a consensus view that NLST is fairly valued. The assessment depends on which methodology best fits Netlist, Inc.'s business model in Electronics & Computer Distribution.

What does a Quality of Company score of 7.1 mean for NLST?

Netlist, Inc.'s QOC of 7.1/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on NLST?

CirclFi analyzes NLST with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 2 of 13 are active for this stock. Read the full methodology →

Is NLST a value trap in 2026?

Netlist, Inc.'s Value Trap score is 26/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap. Browse stocks by value-trap risk →

Cite this analysis — “According to CirclFi’s 2-model valuation engine, Netlist, Inc. (NLST) has a median fair value of $5.64 — within 7.4% of the current price of $6.09 — as of 2026-08-27.” Source: circlfi.com/stock/NLST/ · Methodology
Primary sources for this NLST valuation
  • Financial statements: Netlist, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001282631) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for NLST as of ; valuations recomputed .