Lantronix, Inc. (NASDAQ:LTRX) Receives $7.38 Average Target Price from Brokerages

Shares of Lantronix, Inc. (NASDAQ:LTRX) have earned a consensus recommendation of “Moderate Buy” from the five ratings firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $7.3750.

A number of brokerages have commented on LTRX. Craig Hallum reaffirmed a “buy” rating and set a $10.00 target price on shares of Lantronix in a report on Thursday, February 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lantronix in a research note on Thursday, January 22nd. Lake Street Capital boosted their price objective on shares of Lantronix from $6.00 to $8.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Needham & Company LLC upped their price objective on Lantronix from $7.50 to $8.50 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen upgraded Lantronix from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th.

Insider Activity at Lantronix

In other news, insider Mathi Gurusamy sold 14,467 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $6.21, for a total value of $89,840.07. Following the transaction, the insider owned 55,569 shares of the company’s stock, valued at $345,083.49. This trade represents a 20.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Lantronix

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LTRX. Bailard Inc. bought a new stake in Lantronix during the 3rd quarter worth approximately $49,000. R Squared Ltd boosted its position in shares of Lantronix by 24.3% in the third quarter. R Squared Ltd now owns 14,073 shares of the technology company’s stock worth $64,000 after purchasing an additional 2,754 shares during the period. Invesco Ltd. purchased a new stake in shares of Lantronix in the fourth quarter worth $68,000. Bridgeway Capital Management LLC purchased a new stake in shares of Lantronix in the third quarter worth $85,000. Finally, Balyasny Asset Management L.P. bought a new stake in shares of Lantronix during the 4th quarter valued at $86,000. 39.38% of the stock is owned by hedge funds and other institutional investors.

Lantronix Price Performance

LTRX stock opened at $5.39 on Friday. The company has a market cap of $213.93 million, a price-to-earnings ratio of -22.46 and a beta of 1.53. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.79 and a current ratio of 2.75. The business’s 50-day moving average is $6.11 and its two-hundred day moving average is $5.56. Lantronix has a fifty-two week low of $1.91 and a fifty-two week 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. Lantronix had a negative return on equity of 10.37% and a negative net margin of 7.90%.The business had revenue of $29.77 million during the quarter, compared to the consensus estimate of $29.94 million. Lantronix has set its Q3 2026 guidance at 0.030-0.060 EPS. As a group, analysts forecast that Lantronix will post -0.23 earnings per share for the current year.

Lantronix Company Profile

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.