Lantronix, Inc. (NASDAQ:LTRX) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Lantronix, Inc. (NASDAQ:LTRX) have been given an average recommendation of “Moderate Buy” by the five research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $7.3750.

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

Hedge Funds Weigh In On Lantronix

Institutional investors and hedge funds have recently bought and sold shares of the business. Panagora Asset Management Inc. acquired a new position in shares of Lantronix in the second quarter worth $268,000. Citadel Advisors LLC grew 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. Bank of America Corp DE increased its position in Lantronix by 2,092.5% in the 3rd quarter. Bank of America Corp DE now owns 29,095 shares of the technology company’s stock worth $133,000 after purchasing an additional 27,768 shares during the last quarter. Occudo Quantitative Strategies LP purchased a new stake in shares of Lantronix during the 3rd quarter worth about $120,000. Finally, Soviero Asset Management LP purchased a new stake in shares of Lantronix during the 3rd quarter worth about $2,331,000. Hedge funds and other institutional investors own 39.38% of the company’s stock.

Lantronix Stock Performance

Shares of LTRX stock traded up $0.20 during trading hours on Monday, reaching $6.18. The stock had a trading volume of 215,013 shares, compared to its average volume of 1,134,016. The firm has a market capitalization of $245.28 million, a PE ratio of -25.75 and a beta of 1.53. The firm has a 50-day simple moving average of $6.16 and a 200-day simple moving average of $5.29. Lantronix has a twelve month low of $1.91 and a twelve month high of $8.24. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.75 and a quick ratio of 1.79.

Lantronix (NASDAQ:LTRX) last announced 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 7.90% and a negative return on equity of 10.37%. The firm 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 analysts forecast that Lantronix will post -0.23 earnings per share for the current year.

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.