LTRX icon

Lantronix

3.75 USD
+0.11
3.02%
Updated Dec 23, 10:14 AM EST
1 day
3.02%
5 days
7.14%
1 month
27.12%
3 months
-2.09%
6 months
4.75%
Year to date
-35.90%
1 year
-36.01%
5 years
7.14%
10 years
90.36%
 

About: Lantronix Inc is a networking company. It provides secure data access and management solutions for the Internet of Things (IoT) and information technology assets. It organizes its products and solutions into three product lines: Embedded IoT Solutions, IoT Systems Solutions, and Software and Services. The IoT System Solutions segment is the key revenue driver for the company. The company serves a diverse range of markets including healthcare, industrial, security, energy, transportation, and government networking. Its primary geographic markets are the Americas, Europe, the Middle East and Africa, and Asia Pacific Japan. The Americas contribute the vast majority of total revenue.

Employees: 348

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

84% more call options, than puts

Call options by funds: $35K | Put options by funds: $19K

42% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 19

19% more capital invested

Capital invested by funds: $43.7M [Q2] → $51.8M (+$8.14M) [Q3]

1% more funds holding

Funds holding: 79 [Q2] → 80 (+1) [Q3]

7% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 14

0.46% more ownership

Funds ownership: 32.73% [Q2] → 33.18% (+0.46%) [Q3]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$5
33%
upside
Avg. target
$5.25
40%
upside
High target
$5.50
47%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Canaccord Genuity
Michael Walkley
63% 1-year accuracy
10 / 16 met price target
33%upside
$5
Buy
Maintained
12 Nov 2024
Needham
Ryan Koontz
71% 1-year accuracy
64 / 90 met price target
47%upside
$5.50
Buy
Maintained
11 Nov 2024

Financial journalist opinion

Neutral
GlobeNewsWire
4 days ago
Lantronix to Present at the 27th Annual Needham Growth Conference on Jan. 14–15, 2025
IRVINE, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced that Saleel Awsare, CEO and Brent Stringham, Interim CFO, will deliver in-person presentations on Tuesday, Jan. 14, and Wednesday, Jan. 15, 2025, at the 27th Annual Needham Growth Conference at the Lotte New York Palace Hotel in New York City.
Lantronix to Present at the 27th Annual Needham Growth Conference on Jan. 14–15, 2025
Neutral
Seeking Alpha
1 month ago
Lantronix, Inc. (LTRX) Q1 2025 Earnings Conference Call Transcript
Lantronix, Inc. (NASDAQ:LTRX ) Q1 2025 Earnings Conference Call November 7, 2024 6:30 PM ET Company Participants Brent Stringham - Chief Accounting Officer and Interim CFO Saleel Awsare - President and CEO Conference Call Participants Tyler Burmeister - Craig-Hallum Capital Ryan Koontz - Needham Operator Good evening, and welcome to the Lantronix First Quarter Fiscal 2025 Results Conference Call. All participants will be in listen-only mode.
Lantronix, Inc. (LTRX) Q1 2025 Earnings Conference Call Transcript
Negative
Zacks Investment Research
1 month ago
Lantronix, Inc. (LTRX) Q1 Earnings and Revenues Miss Estimates
Lantronix, Inc. (LTRX) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.07 per share a year ago.
Lantronix, Inc. (LTRX) Q1 Earnings and Revenues Miss Estimates
Neutral
GlobeNewsWire
1 month ago
Lantronix Reports Results for First Quarter of Fiscal 2025
IRVINE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today reported results for its first quarter of fiscal 2025.
Lantronix Reports Results for First Quarter of Fiscal 2025
Neutral
GlobeNewsWire
1 month ago
Lantronix Accelerates IoT Leadership With Strategic Acquisition of DZS's NetComm Enterprise IoT Portfolio
IRVINE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced that it has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd (“NetComm”), a subsidiary of DZS, Inc., all of the assets of its enterprise Internet of Things (IoT) business for $6.5 million in cash together with assumptions of certain liabilities. The acquisition complements Lantronix's focus on the Enterprise and Smart City vertical markets and expands its next-generation 5G capabilities.
Lantronix Accelerates IoT Leadership With Strategic Acquisition of DZS's NetComm Enterprise IoT Portfolio
Neutral
GlobeNewsWire
1 month ago
Lantronix to Report Fiscal 2025 First Quarter Results on Nov. 7, 2024
IRVINE, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Lantronix Inc. (the “Company”) (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today announced it will release financial results from its fiscal 2025 first quarter ended Sept. 30, 2024, after the close of the market on Thursday, Nov. 7, 2024.
Lantronix to Report Fiscal 2025 First Quarter Results on Nov. 7, 2024
Negative
Zacks Investment Research
2 months ago
Lantronix Unveils Qualcomm-Powered Solution: Will LTRX Top Line Gain?
Lantronix's SmartLV Gateway, powered by QCOM, will address the energy sector's most pressing challenges.
Lantronix Unveils Qualcomm-Powered Solution: Will LTRX Top Line Gain?
Neutral
GlobeNewsWire
2 months ago
Lantronix Unveils SmartLV, the First AI-Enabled IoT Edge Compute Cellular Gateway, Powered by Qualcomm
Transforming Low-Voltage Substations in Smart Grids and Industrial Applications With Unprecedented Real-Time Control, Visibility and Automation Transforming Low-Voltage Substations in Smart Grids and Industrial Applications With Unprecedented Real-Time Control, Visibility and Automation
Lantronix Unveils SmartLV, the First AI-Enabled IoT Edge Compute Cellular Gateway, Powered by Qualcomm
Neutral
Zacks Investment Research
2 months ago
Lantronix Introduces Qualcomm-Powered Advanced SiP Solutions
LTRX unveils next-generation System-in-Package solutions driven by Qualcomm Technologies that bring AI and ML capabilities to the edge.
Lantronix Introduces Qualcomm-Powered Advanced SiP Solutions
Neutral
GlobeNewsWire
2 months ago
Lantronix Announces Five New System-in-Package Solutions Powered by Qualcomm for AI/ML and Video Solutions at the Edge
The modules are ideal for developing products for smart city and enterprise use cases, including robotics, industrial automation, video surveillance and drones The modules are ideal for developing products for smart city and enterprise use cases, including robotics, industrial automation, video surveillance and drones
Lantronix Announces Five New System-in-Package Solutions Powered by Qualcomm for AI/ML and Video Solutions at the Edge
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