Lantronix (NASDAQ:LTRX) Updates Q1 2027 Earnings Guidance

Key Points

• Lantronix issued Q1 2027 guidance of $0.04–$0.06 in earnings per share and $31.0 million–$33.0 million in revenue, broadly in line with analyst consensus.
• Shares fell 3.4% to $5.66 during Wednesday trading, while the company reported its latest quarterly revenue of $31.15 million and EPS of $0.04, beating estimates.
• Analyst sentiment remains generally positive, with a “Moderate Buy” consensus and an average price target of $10.40; institutional investors own 39.38% of the stock.

Lantronix (NASDAQ:LTRX - Get Free Report) issued an update on its first quarter 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.040-0.060 for the period, compared to the consensus earnings per share estimate of 0.050. The company issued revenue guidance of $31.0 million-$33.0 million, compared to the consensus revenue estimate of $31.9 million.

Lantronix Stock Down 3.4%

Shares of NASDAQ LTRX traded down $0.20 during mid-day trading on Wednesday, reaching $5.66. 1,777,666 shares of the company's stock traded hands, compared to its average volume of 1,007,639. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.74 and a quick ratio of 1.80. The business has a 50-day simple moving average of $5.76 and a 200 day simple moving average of $6.05. The stock has a market cap of $248.93 million, a P/E ratio of -33.29 and a beta of 1.70. Lantronix has a 1-year low of $3.58 and a 1-year high of $8.75.

Lantronix (NASDAQ:LTRX - Get Free Report) last posted its earnings results on Wednesday, August 26th. The technology company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. Lantronix had a negative net margin of 5.52% and a negative return on equity of 6.79%. The company had revenue of $31.15 million for the quarter, compared to analyst estimates of $30.69 million. Lantronix has set its Q1 2027 guidance at 0.040-0.060 EPS. On average, analysts expect that Lantronix will post -0.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on LTRX. Wall Street Zen cut Lantronix from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Needham & Company LLC started coverage on Lantronix in a research note on Friday, June 12th. They set a "buy" rating and a $11.00 target price on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of Lantronix in a report on Friday, July 17th. JonesTrading began coverage on shares of Lantronix in a research report on Wednesday, July 15th. They set a "buy" rating and a $12.00 price target for the company. Finally, Canaccord Genuity Group raised their price objective on shares of Lantronix from $10.50 to $11.00 and gave the stock a "buy" rating in a report on Thursday, July 9th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $10.40.

Institutional Investors Weigh In On Lantronix

Institutional investors have recently made changes to their positions in the stock. Invesco Ltd. bought a new position in shares of Lantronix in the fourth quarter worth $68,000. Occudo Quantitative Strategies LP raised its stake in shares of Lantronix by 79.8% during the 4th quarter. Occudo Quantitative Strategies LP now owns 47,227 shares of the technology company's stock valued at $277,000 after purchasing an additional 20,965 shares during the period. Millennium Management LLC raised its stake in shares of Lantronix by 121.0% during the 4th quarter. Millennium Management LLC now owns 272,512 shares of the technology company's stock valued at $1,597,000 after purchasing an additional 149,194 shares during the period. Engineers Gate Manager LP lifted its holdings in Lantronix by 79.1% during the 4th quarter. Engineers Gate Manager LP now owns 20,964 shares of the technology company's stock worth $123,000 after purchasing an additional 9,256 shares in the last quarter. Finally, Balyasny Asset Management L.P. purchased a new stake in Lantronix during the 4th quarter worth about $86,000. Hedge funds and other institutional investors own 39.38% of the company's stock.

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.

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