Lantronix, Inc. (NASDAQ:LTRX) Receives $7.13 Consensus Price Target from Brokerages

Lantronix, Inc. (NASDAQ:LTRX) has received a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $7.3750.

Several analysts have recently issued reports on LTRX shares. Lake Street Capital boosted their target price on shares of Lantronix from $6.00 to $8.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lantronix in a report on Thursday, January 22nd. Craig Hallum reissued a “buy” rating and set a $10.00 target price on shares of Lantronix in a report on Thursday. Needham & Company LLC raised their target price on Lantronix from $7.50 to $8.50 and gave the company a “buy” rating in a research report on Thursday. Finally, Wall Street Zen raised Lantronix from a “buy” rating to a “strong-buy” rating in a research note on Saturday.

Institutional Investors Weigh In On Lantronix

A number of large investors have recently modified their holdings of the business. R Squared Ltd purchased a new position in Lantronix in the 2nd quarter worth approximately $32,000. Panagora Asset Management Inc. acquired a new stake in shares of Lantronix in the second quarter valued at approximately $268,000. AMH Equity Ltd increased its holdings in shares of Lantronix by 24.5% in the second quarter. AMH Equity Ltd now owns 250,000 shares of the technology company’s stock valued at $718,000 after purchasing an additional 49,219 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new position in Lantronix during the second quarter worth approximately $60,000. Finally, Bridgeway Capital Management LLC acquired a new position in Lantronix during the third quarter worth $85,000. Hedge funds and other institutional investors own 39.38% of the company’s stock.

Lantronix Stock Performance

LTRX stock opened at $6.18 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.01 and a quick ratio of 1.93. The company has a market capitalization of $243.24 million, a P/E ratio of -25.75 and a beta of 1.51. The business has a 50-day moving average price of $6.13 and a 200 day moving average price of $4.99. Lantronix has a 1-year low of $1.91 and a 1-year high of $8.24.

Lantronix (NASDAQ:LTRX) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The firm had revenue of $29.77 million for the quarter, compared to analysts’ expectations of $29.94 million. Lantronix had a negative net margin of 7.90% and a negative return on equity of 10.35%. Lantronix has set its Q3 2026 guidance at 0.030-0.060 EPS. As a group, equities research analysts forecast that Lantronix will post -0.23 EPS for the current fiscal year.

About Lantronix

Lantronix, Inc is a provider of secure data access and management solutions designed to simplify the deployment, monitoring and control of devices and equipment across a wide range of industries. Headquartered in Irvine, California, the company develops hardware and software products that enable connectivity for smart devices, industrial machinery, IT infrastructure and other systems in the Internet of Things (IoT) ecosystem.

Founded in 1989, Lantronix was among the early innovators in serial-to-Ethernet device networking and has since expanded its portfolio to include secure console servers, device servers, gateways and embedded modules.