Lantronix (NASDAQ:LTRX) Releases Q3 2026 Earnings Guidance

Lantronix (NASDAQ:LTRX) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.030-0.060 for the period, compared to the consensus earnings per share estimate of 0.020. The company issued revenue guidance of $28.5 million-$32.5 million, compared to the consensus revenue estimate of $31.2 million.

Lantronix Stock Down 13.5%

Shares of NASDAQ LTRX traded down $0.97 during mid-day trading on Wednesday, reaching $6.23. The company had a trading volume of 2,315,409 shares, compared to its average volume of 1,466,037. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.93 and a current ratio of 3.01. The company has a market capitalization of $245.21 million, a price-to-earnings ratio of -23.07 and a beta of 1.51. The stock has a fifty day moving average of $6.06 and a two-hundred day moving average of $4.94. Lantronix has a 12-month low of $1.91 and a 12-month high of $8.24.

Lantronix (NASDAQ:LTRX) last issued its 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 net margin of 8.68% and a negative return on equity of 11.63%. The company had revenue of $29.77 million during the quarter, compared to analyst estimates of $29.94 million. Lantronix has set its Q3 2026 guidance at 0.030-0.060 EPS. As a group, equities research analysts expect that Lantronix will post -0.23 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LTRX. Wall Street Zen lowered Lantronix from a “strong-buy” rating to a “buy” rating in a report on Monday, January 19th. Needham & Company LLC lifted their target price on shares of Lantronix from $5.50 to $7.50 and gave the company a “buy” rating in a research note on Thursday, November 6th. 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 report on Thursday, December 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Lantronix in a report on Thursday, January 22nd. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Lantronix currently has a consensus rating of “Moderate Buy” and a consensus price target of $6.17.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in LTRX. Soviero Asset Management LP acquired a new stake in Lantronix in the 3rd quarter valued at about $2,331,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Lantronix by 135.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 669,183 shares of the technology company’s stock valued at $3,058,000 after acquiring an additional 385,075 shares during the last quarter. Citadel Advisors LLC increased its stake in Lantronix by 1,191.2% in the third quarter. Citadel Advisors LLC now owns 195,583 shares of the technology company’s stock valued at $894,000 after purchasing an additional 180,436 shares in the last quarter. UBS Group AG raised its stake in Lantronix by 7,023.2% during the 3rd quarter. UBS Group AG now owns 127,576 shares of the technology company’s stock worth $583,000 after buying an additional 125,785 shares during the period. Finally, Millennium Management LLC bought a new position in shares of Lantronix during the 3rd quarter valued at about $564,000. 39.38% of the stock is owned by institutional investors.

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.