Lantronix (NASDAQ:LTRX – Get Free Report) is projected to announce its Q1 2027 results after the market closes on Monday, November 9th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $31.98 million for the quarter. Lantronix has set its Q1 2027 guidance at 0.040-0.060 EPS. Parties can find conference call details on the company’s upcoming Q1 2027 earnings overview page for the latest details on the call scheduled for Monday, November 9, 2026 at 4:30 PM ET.
Lantronix (NASDAQ:LTRX – Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $31.15 million during the quarter, compared to the consensus estimate of $30.69 million. Lantronix had a negative return on equity of 4.88% and a negative net margin of 3.46%.
Lantronix Stock Performance
Lantronix stock opened at $6.01 on Monday. The firm has a 50 day moving average of $6.05 and a 200 day moving average of $6.10. The firm has a market capitalization of $281.75 million, a price-to-earnings ratio of -54.64 and a beta of 1.36. Lantronix has a 12-month low of $4.40 and a 12-month high of $8.75.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on LTRX shares. Lake Street Capital lifted their price target on shares of Lantronix from $8.00 to $10.00 and gave the company a “buy” rating in a report on Friday, September 18th. Wall Street Zen raised shares of Lantronix from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Weiss Ratings restated a “sell (d-)” rating on shares of Lantronix in a research report on Thursday, October 15th. Needham & Company LLC reiterated a “buy” rating and issued a $11.00 price target on shares of Lantronix in a research note on Thursday, August 27th. Finally, Canaccord Genuity Group raised their price target on Lantronix from $10.50 to $11.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $10.80.
Get Our Latest Research Report on Lantronix
Insiders Place Their Bets
In related news, CEO Saleel Awsare acquired 15,000 shares of the business’s stock in a transaction on Wednesday, September 9th. The stock was acquired at an average cost of $5.18 per share, with a total value of $77,700.00. Following the acquisition, the chief executive officer directly owned 453,381 shares in the company, valued at $2,348,513.58. This represents a 3.42% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.80% of the stock is owned by insiders.
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.
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