Netlist (XAB) Stock Overview

Designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. More details

XAB fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	1/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Rewards

Revenue is forecast to grow 8.5% per year

Risk Analysis

Shares are highly illiquid

Negative shareholders equity

Earnings have declined by 38.2% per year over past 5 years

Has less than 1 year of cash runway

XAB Community Fair Values

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Netlist, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Netlist
Historical stock prices
Current Share Price	US$0.65
52 Week High	US$0.70
52 Week Low	US$0.45
Beta	1.47
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	22.64%

Recent updates

Shareholder Returns

	XAB	DE Electronic	DE Market
7D	18.2%	0.9%	2.0%
1Y	n/a	-10.0%	10.3%

Return vs Industry: Insufficient data to determine how XAB performed against the German Electronic industry.

Return vs Market: Insufficient data to determine how XAB performed against the German Market.

Price Volatility

Is XAB's price volatile compared to industry and market?
XAB volatility
XAB Average Weekly Movement	n/a
Electronic Industry Average Movement	6.0%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	12.4%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: XAB's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine XAB's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2000	63	Chuck Hong	www.netlist.com

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), 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.

Netlist, Inc. Fundamentals Summary

How do Netlist's earnings and revenue compare to its market cap?
XAB fundamental statistics
Market cap	€203.67m
Earnings (TTM)	-€30.42m
Revenue (TTM)	€126.88m

1.6x

P/S Ratio

-6.7x

P/E Ratio

Is XAB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
XAB income statement (TTM)
Revenue	US$147.19m
Cost of Revenue	US$142.41m
Gross Profit	US$4.78m
Other Expenses	US$40.07m
Earnings	-US$35.29m

Last Reported Earnings

Sep 27, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	-0.11
Gross Margin	3.25%
Net Profit Margin	-23.98%
Debt/Equity Ratio	-25.9%

How did XAB perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/02 21:56
End of Day Share Price	2025/12/02 00:00
Earnings	2025/09/27
Annual Earnings	2024/12/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Netlist, Inc. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Gary Mobley	Benchmark Company
Mark Kelleher	Colliers Securities
Steven Frankel	Colliers Securities

Netlist, Inc.DUSE:XAB Stock Report