B+
Bull case
25%
Probability
Target price
$21.00
Analysis reference price unavailable
Analysis 2026-10-26 · RankAlpha Sentiment Codex
NTST
NETSTREITCNYSE / Equity Real Estate Investment Trusts (REITs)
Last Price
Quote time unavailable
Current thesis
Q3 AFFO grew from $0.33 to $0.35 per share year over year, occupancy was 99.9%, and the company raised its net-investment expectation while maintaining AFFO guidance. Its funded capacity could support 2027 growth if acquisitions remain accretive.
Posture
Mixed
Lead driver
Value
What changed
Value remains the lead driver in the composite.
What can break
Higher capital costs could narrow acquisition spreads and depress net-lease REIT valuations. [#SEC-8K-2026-10-21]
Momentum
20
Value
59
Sentiment
51
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $17.00 · Bull $21.00 · Bear $14.50Analysis 2026-10-26; 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 2026-10-26 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-26 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-26
Investment thesis
As of 2026-10-26
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-26. Definitions
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $21.10
Why
Momentum20 · Δ7d -5.3
Value59 · Δ7d -
Sentiment51 · 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
- • Higher capital costs could narrow acquisition spreads and depress net-lease REIT valuations. [#SEC-8K-2026-10-21]
- • Q3 occupancy was 99.9%, leaving little room for an occupancy-driven upside surprise while retaining tenant-credit and vacancy risk. [#SEC-8K-2026-10-21]
- • AFFO merely matched the reported $0.35 consensus despite a revenue beat.
Catalyst clock
2026-11-30
Post-print valuation reset
Lead driver: Value · See fundamentals
Momentum
20
8% active weight
Current posture
7d trendFlat
Δ7d
-5.3
Δ21d
-6.2
Value
59
47% active weight
Current posture
7d trendFlat
Δ7d
-
Δ21d
-
Sentiment
51
45% active weight
Current posture
7d trendSoftening
Δ7d
-14.0
Δ21d
-24.7
Why this grade
Composite grade C. Momentum 19.9 / Value 59.0 / Sentiment 50.7
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-26. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$17.00
Analysis reference price unavailable
Analysis 2026-10-26 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$14.50
Analysis reference price unavailable
Analysis 2026-10-26 · 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 2026-10-26 • Updated nightlySource: Internal modelMethods & Data