Lantronix, Inc. (NASDAQ:LTRX) Stock Has Consensus Target Price of $10.80 According to Analysts

Lantronix, Inc. (NASDAQ:LTRX) has been given an average rating of “Moderate Buy” by the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating and six have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $10.70.

LTRX has been the subject of several research analyst reports. Canaccord Genuity Group cut their price objective on Lantronix from $11.00 to $10.50 and set a “buy” rating for the company in a research report on Wednesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lantronix in a report on Thursday, October 15th. Wall Street Zen raised Lantronix from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Lake Street Capital lifted their price target on Lantronix from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Friday, September 18th. Finally, Zacks Research downgraded Lantronix from a “hold” rating to a “strong sell” rating in a research report on Monday.

Key Stories Impacting Lantronix

These are some of the LTRX stories that stood out recently:

• Positive Sentiment: Lantronix reported Q1 fiscal 2027 revenue of $32.4 million, up 8% year over year, with Embedded IoT Solutions revenue growing 37%. EPS of $0.05 also topped the $0.04 consensus estimate, and revenue modestly beat expectations. Article: Lantronix: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Q2 guidance calls for EPS of $0.04–$0.06 and revenue of $32.5 million–$34.5 million. The EPS range reaches above consensus, while the revenue midpoint matches expectations, suggesting continued business stability. Article: Lantronix Q1 2027 Earnings Call Transcript
• Neutral Sentiment: Canaccord Genuity lowered its price target from $11 to $10.50 but maintained a Buy rating. The lower target is a cautionary adjustment, though the firm remains bullish. Canaccord Genuity recommendations

Insider Buying and Selling at Lantronix

In related news, CEO Saleel Awsare acquired 15,000 shares of the stock in a transaction dated Wednesday, September 9th. The shares were acquired at an average price of $5.18 per share, for a total transaction of $77,700.00. Following the completion of the purchase, the chief executive officer owned 453,381 shares in the company, valued at approximately $2,348,513.58. The trade was a 3.42% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.80% of the company’s stock.

Hedge Funds Weigh In On Lantronix

Large investors have recently bought and sold shares of the stock. Globeflex Capital L P bought a new stake in Lantronix in the 2nd quarter valued at $76,000. StoneX Group Inc. bought a new position in shares of Lantronix during the 3rd quarter worth about $89,000. Bank of America Corp DE increased its holdings in shares of Lantronix by 210.7% during the 1st quarter. Bank of America Corp DE now owns 38,589 shares of the technology company’s stock worth $202,000 after purchasing an additional 26,170 shares during the period. State of Wyoming increased its holdings in shares of Lantronix by 84.0% during the 3rd quarter. State of Wyoming now owns 42,537 shares of the technology company’s stock worth $307,000 after purchasing an additional 19,420 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of Lantronix by 236.4% during the 1st quarter. Bank of New York Mellon Corp now owns 87,316 shares of the technology company’s stock worth $458,000 after purchasing an additional 61,358 shares during the period. 39.38% of the stock is currently owned by institutional investors and hedge funds.

Lantronix Price Performance

Shares of Lantronix stock opened at $4.73 on Thursday. The firm has a fifty day simple moving average of $5.99 and a 200-day simple moving average of $6.05. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.86 and a current ratio of 2.99. Lantronix has a 1-year low of $4.36 and a 1-year high of $8.75.

Lantronix (NASDAQ:LTRX) last released its quarterly earnings results on Monday, November 9th. The technology company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The company had revenue of $32.37 million during the quarter, compared to analysts’ expectations of $31.98 million. Lantronix had a negative net margin of 2.63% and a negative return on equity of 3.35%. As a group, research analysts expect that Lantronix will post 0.07 EPS for the current fiscal year.

About Lantronix

Lantronix, Inc. (NASDAQ: LTRX) is a provider of Internet of Things (IoT) and edge-computing solutions that help organizations connect, manage, and secure devices and equipment. The company serves customers in industrial, enterprise, transportation, healthcare, smart-city, and other applications where reliable remote connectivity and device management are required. Its portfolio includes embedded networking modules, industrial and cellular gateways, routers, out-of-band management products, and software for remotely provisioning, monitoring, and managing connected devices.