B+
Bull case
30%
Probability
Target price
$21.00
Analysis reference price unavailable
Analysis 2026-10-22 · RankAlpha Sentiment Codex
NTST
NETSTREITCNYSE / Equity Real Estate Investment Trusts (REITs)
Last Price
Quote time unavailable
Current thesis
Q3 AFFO per share rose 6.1% year over year, occupancy was 99.9% at September 30, and investment activity continued at a 7.4% cash yield. Available financing could support further per-share growth if deployment remains accretive.
Posture
Mixed
Lead driver
Value
What changed
Value remains the lead driver in the composite.
What can break
Forward-equity settlement may dilute per-share gains unless new investments are sufficiently accretive. [#SEC-8K-2026-10-21]
Momentum
19
Value
59
Sentiment
52
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $18.00 · Bull $21.00 · Bear $14.00Analysis 2026-10-22; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-22 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-23
Investment thesis
As of 2026-10-23
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $21.96
Why
Momentum19 · Δ7d -5.5
Value59 · Δ7d -
Sentiment52 · Δ7d -14.0
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Confirming evidence
- • Value remains the lead driver in the composite.
Contradictions & invalidation
- • Forward-equity settlement may dilute per-share gains unless new investments are sufficiently accretive. [#SEC-8K-2026-10-21]
- • Higher capital costs may narrow the spread between acquisition yields and funding costs. [#SEC-8K-2026-10-21]
- • Management cited rising capital costs, while the Q3 release reported 15.9 million unsettled forward-equity shares and net debt of 5.0 times annualized adjusted EBITDAre.
Catalyst clock
2026-10-23
Q3 results and unchanged AFFO outlook
Lead driver: Value · See fundamentals
Momentum
19
8% active weight
Current posture
7d trendFlat
Δ7d
-5.5
Δ21d
-11.2
Value
59
47% active weight
Current posture
7d trendFlat
Δ7d
-
Δ21d
-
Sentiment
52
45% active weight
Current posture
7d trendSoftening
Δ7d
-14.0
Δ21d
-24.3
Why this grade
Composite grade C. Momentum 19.4 / Value 59.0 / Sentiment 52.3
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-22. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$18.00
Analysis reference price unavailable
Analysis 2026-10-22 · RankAlpha Sentiment Codex
B-
Bear case
20%
Probability
Target price
$14.00
Analysis reference price unavailable
Analysis 2026-10-22 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-23
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$1.77B
Beta
0.88
Shares Out
101.53M
P/E (TTM)
10376.5
P/S (TTM)
7.90
P/FCF (TTM) · Derived
74.19
Rev YoY
+26.8%
EPS YoY
+52.6%
Gross Margin
+47.2%
Op Margin
+36.9%
Net Debt
$1.11B
Current Ratio
236.55
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data