S&P 500   4,288.05 (-0.27%)
DOW   33,507.50 (-0.47%)
QQQ   358.27 (+0.07%)
AAPL   171.21 (+0.30%)
MSFT   315.75 (+0.67%)
META   300.21 (-1.23%)
GOOGL   130.86 (-1.10%)
AMZN   127.12 (+0.90%)
TSLA   250.22 (+1.56%)
NVDA   434.99 (+0.95%)
NIO   9.04 (+1.35%)
BABA   86.75 (+1.41%)
AMD   102.82 (+0.06%)
T   15.03 (+0.13%)
F   12.42 (-1.11%)
MU   68.03 (+4.34%)
CGC   0.78 (-3.69%)
GE   110.55 (-1.59%)
DIS   81.06 (+1.16%)
AMC   7.99 (+2.57%)
PFE   33.18 (+3.40%)
PYPL   58.46 (+0.48%)
NFLX   377.60 (+0.33%)
S&P 500   4,288.05 (-0.27%)
DOW   33,507.50 (-0.47%)
QQQ   358.27 (+0.07%)
AAPL   171.21 (+0.30%)
MSFT   315.75 (+0.67%)
META   300.21 (-1.23%)
GOOGL   130.86 (-1.10%)
AMZN   127.12 (+0.90%)
TSLA   250.22 (+1.56%)
NVDA   434.99 (+0.95%)
NIO   9.04 (+1.35%)
BABA   86.75 (+1.41%)
AMD   102.82 (+0.06%)
T   15.03 (+0.13%)
F   12.42 (-1.11%)
MU   68.03 (+4.34%)
CGC   0.78 (-3.69%)
GE   110.55 (-1.59%)
DIS   81.06 (+1.16%)
AMC   7.99 (+2.57%)
PFE   33.18 (+3.40%)
PYPL   58.46 (+0.48%)
NFLX   377.60 (+0.33%)
S&P 500   4,288.05 (-0.27%)
DOW   33,507.50 (-0.47%)
QQQ   358.27 (+0.07%)
AAPL   171.21 (+0.30%)
MSFT   315.75 (+0.67%)
META   300.21 (-1.23%)
GOOGL   130.86 (-1.10%)
AMZN   127.12 (+0.90%)
TSLA   250.22 (+1.56%)
NVDA   434.99 (+0.95%)
NIO   9.04 (+1.35%)
BABA   86.75 (+1.41%)
AMD   102.82 (+0.06%)
T   15.03 (+0.13%)
F   12.42 (-1.11%)
MU   68.03 (+4.34%)
CGC   0.78 (-3.69%)
GE   110.55 (-1.59%)
DIS   81.06 (+1.16%)
AMC   7.99 (+2.57%)
PFE   33.18 (+3.40%)
PYPL   58.46 (+0.48%)
NFLX   377.60 (+0.33%)
S&P 500   4,288.05 (-0.27%)
DOW   33,507.50 (-0.47%)
QQQ   358.27 (+0.07%)
AAPL   171.21 (+0.30%)
MSFT   315.75 (+0.67%)
META   300.21 (-1.23%)
GOOGL   130.86 (-1.10%)
AMZN   127.12 (+0.90%)
TSLA   250.22 (+1.56%)
NVDA   434.99 (+0.95%)
NIO   9.04 (+1.35%)
BABA   86.75 (+1.41%)
AMD   102.82 (+0.06%)
T   15.03 (+0.13%)
F   12.42 (-1.11%)
MU   68.03 (+4.34%)
CGC   0.78 (-3.69%)
GE   110.55 (-1.59%)
DIS   81.06 (+1.16%)
AMC   7.99 (+2.57%)
PFE   33.18 (+3.40%)
PYPL   58.46 (+0.48%)
NFLX   377.60 (+0.33%)
NASDAQ:LTRX

Lantronix (LTRX) Stock Forecast, Price & News

$4.45
-0.13 (-2.84%)
(As of 09/29/2023 ET)
Compare
Today's Range
$4.34
$4.63
50-Day Range
$3.75
$5.31
52-Week Range
$3.52
$5.87
Volume
158,602 shs
Average Volume
146,581 shs
Market Capitalization
$164.25 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.80

Lantronix MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
120.2% Upside
$9.80 Price Target
Short Interest
Healthy
0.87% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$53,300 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars

Computer And Technology Sector

257th out of 599 stocks

Computer & Office Equipment Industry

9th out of 11 stocks


LTRX stock logo

About Lantronix (NASDAQ:LTRX) Stock

Lantronix, Inc. provides solutions for video surveillance, traffic management, infotainment systems, robotics, edge computing, and remote environment management in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT System Solutions, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, power for IoT end devices through Power over Ethernet, application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and various other functions; Embedded IoT Modules, such as application processing delivering compute to meet customer needs for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications; and Software and Engineering Services offers SaaS platform enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login. It also offers telematics devices, which provides power efficient products designed to support communications across interfaces and industrial protocols for vehicle, fleet, and asset tracking and management; network switches, media converters, power over ethernet, NICS and optical SFPs, system on modules, single board computers, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development. In addition, the company's REM products include out-of-band management, console management, power management, and IP connected keyboard-video-mouse products that offers remote access to IT and networking infrastructure deployed in test labs, data centers, branch offices, remote sites, and server rooms. Lantronix, Inc. was incorporated in 1989 and is headquartered in Irvine, California.

LTRX Price History

LTRX Stock News Headlines

Lantronix Independent Director Acquires 494% More Stock
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
One Lantronix Insider Raised Stake By 494% In Previous Year
Lantronix, Inc. (LTRX) Q4 2023 Earnings Call Transcript
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Lantronix, Inc. (LTRX) Q4 Earnings Top Estimates
Lantronix Q4 2023 Earnings Preview
Craig-Hallum Reaffirms Their Buy Rating on Lantronix (LTRX)
See More Headlines
Receive LTRX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Lantronix and its competitors with MarketBeat's FREE daily newsletter.

LTRX Company Calendar

Last Earnings
9/07/2023
Today
9/29/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Computer & office equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:LTRX
Employees
335
Year Founded
1989

Price Target and Rating

Average Stock Price Forecast
$9.80
High Stock Price Forecast
$12.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+120.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-8,980,000.00
Pretax Margin
-6.27%

Debt

Sales & Book Value

Annual Sales
$131.19 million
Book Value
$2.12 per share

Miscellaneous

Free Float
27,204,000
Market Cap
$164.25 million
Optionable
Not Optionable
Beta
2.06

Social Links

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Key Executives

  • Mr. Jeremy R. WhitakerMr. Jeremy R. Whitaker (Age 53)
    CFO & Interim CEO
    Comp: $413.12k
  • Mr. Roger HollidayMr. Roger Holliday (Age 64)
    VP of Worldwide Sales
    Comp: $365.75k
  • Mr. Robert C. Adams
    Head of Corp. Devel. & Investor Relations
  • Gail Kathryn Miller
    Corp. Marketing & Communications Mang.
  • Mr. Jacques Issa
    VP of Marketing
  • Mr. Gene Schaeffer (Age 59)
    Head of Americas Sales
  • Ms. Amber Tinz
    Exec. Assistant
  • Mr. Eric Bass
    VP of R&D













LTRX Stock - Frequently Asked Questions

Should I buy or sell Lantronix stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lantronix in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LTRX shares.
View LTRX analyst ratings
or view top-rated stocks.

What is Lantronix's stock price forecast for 2023?

4 equities research analysts have issued 1 year price objectives for Lantronix's stock. Their LTRX share price forecasts range from $8.00 to $12.00. On average, they anticipate the company's share price to reach $9.80 in the next year. This suggests a possible upside of 120.2% from the stock's current price.
View analysts price targets for LTRX
or view top-rated stocks among Wall Street analysts.

How have LTRX shares performed in 2023?

Lantronix's stock was trading at $4.32 at the beginning of the year. Since then, LTRX shares have increased by 3.0% and is now trading at $4.45.
View the best growth stocks for 2023 here
.

When is Lantronix's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our LTRX earnings forecast
.

How were Lantronix's earnings last quarter?

Lantronix, Inc. (NASDAQ:LTRX) announced its quarterly earnings data on Thursday, September, 7th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. The technology company had revenue of $34.92 million for the quarter, compared to analysts' expectations of $35.20 million. Lantronix had a negative trailing twelve-month return on equity of 11.41% and a negative net margin of 6.85%. During the same quarter in the prior year, the firm posted $0.07 EPS.

What guidance has Lantronix issued on next quarter's earnings?

Lantronix issued an update on its FY 2024 earnings guidance on Thursday, September, 7th. The company provided earnings per share (EPS) guidance of $0.50-$0.60 for the period, compared to the consensus EPS estimate of $0.53. The company issued revenue guidance of $175.00 million-$185.00 million, compared to the consensus revenue estimate of $176.91 million.

What other stocks do shareholders of Lantronix own?
What is Lantronix's stock symbol?

Lantronix trades on the NASDAQ under the ticker symbol "LTRX."

How do I buy shares of Lantronix?

Shares of LTRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Lantronix's stock price today?

One share of LTRX stock can currently be purchased for approximately $4.45.

How much money does Lantronix make?

Lantronix (NASDAQ:LTRX) has a market capitalization of $164.25 million and generates $131.19 million in revenue each year. The technology company earns $-8,980,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis.

How many employees does Lantronix have?

The company employs 335 workers across the globe.

Does Lantronix have any subsidiaries?
The following companies are subsidiares of Lantronix: Intrinsyc Technologies, Intrinsyc Technologies Corporation, Lantronix Australia Pty. Ltd., Lantronix Europe GmbH, Lantronix Holding Company, Lantronix Hong Kong Limited, Lantronix India Private Limited, Lantronix International AG, Lantronix IoT GmbH, Lantronix Japan K.K., Lantronix Netherlands B.V., Lantronix UK Ltd., Maestro Wireless Solutions Limited, Net2Edge Limited, Premise Systems, ProNET GmbH, Stallion Technologies, Transition Networks, and Transition Networks Inc..
Read More
How can I contact Lantronix?

Lantronix's mailing address is 7535 IRVINE CENTER DRIVE SUITE 100, IRVINE CA, 92618. The official website for the company is www.lantronix.com. The technology company can be reached via phone at (949) 453-3990, via email at investors@lantronix.com, or via fax at 949-453-3995.

This page (NASDAQ:LTRX) was last updated on 9/29/2023 by MarketBeat.com Staff

My Account -