
Lantronix (LTRX) Stock Forecast & Price Target
Lantronix (LTRX) Analyst Ratings
Bulls say
Lantronix Inc. recently reported strong revenue growth in the Americas, achieving its highest levels in two years, highlighting robust demand for its products. The company's strategic partnership with Qualcomm enhances its competitive edge and the transition towards software solutions is anticipated to improve gross margins and deepen customer engagement. Additionally, new sales engagements, including a significant design win with Vodafone for industrial IoT applications, position the company for continued revenue growth in the coming years.
Bears say
Lantronix Inc. is projected to report F2Q revenue of $30 million, which indicates a stagnation in sequential growth, while its non-GAAP earnings per share are expected to decrease by $0.01 year-over-year. Despite achieving a record non-GAAP gross margin of 45.3%, there has been a concerning decline in non-GAAP operating margin, falling by 180 basis points year-over-year, even though it shows a slight recovery of 370 basis points quarter-over-quarter. Additionally, macroeconomic challenges are negatively impacting capital spending in the industrial sectors, which could further hinder the company's revenue growth prospects.
This aggregate rating is based on analysts' research of Lantronix and is not a guaranteed prediction by Public.com or investment advice.
Lantronix (LTRX) Analyst Forecast & Price Prediction
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