Netlist stock price forecast historical trend analysis in "netlist

Historical trend analysis in "netlist stock price forecast" patterns reflects that post-earnings rallies average 6.4%, making upcoming quarterly releases significant for swing traders. In the last reported quarter, revenues jumped 9% from the year-ago quarter’s reported number to $831.1 million, beating the Zacks Consensus Estimate by 2%. Subscription services revenues (45.3%) of $376.4 million rose 22%, driven mainly by strong renewals of Evergreen subscriptions. This transition to a recurring revenue model enhances the company’s financial stability and visibility, making it an attractive investment for long-term growth. Currently, PSTG carries a Zacks Rank #3 (Hold). The Zacks Consensus Estimate for fiscal 2026 earnings is pegged at $1.96 per share, unchanged in the past seven days. The stock has gained 71.6% in the past year. The latest "netlist stock price forecast" suggests potential volatility in Q3 2024, with analysts eyeing a trading range between $2.85 and $3.