Lantronix (NASDAQ:LTRX) Announces Q2 2027 Earnings Guidance

Lantronix (NASDAQ:LTRX) updated its second quarter 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.040-0.060 for the period, compared to the consensus earnings per share estimate of 0.040. The company issued revenue guidance of $32.5 million-$34.5 million, compared to the consensus revenue estimate of $33.5 million.

Analysts Set New Price Targets

A number of research analysts have issued reports on LTRX shares. JonesTrading initiated coverage on Lantronix in a report on Wednesday, July 15th. They issued a “buy” rating and a $12.00 price target for the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $11.00 price target on shares of Lantronix in a report on Thursday, August 27th. Lake Street Capital raised their target price on Lantronix from $8.00 to $10.00 and gave the stock a “buy” rating in a research note on Friday, September 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lantronix in a report on Thursday, October 15th. Finally, Wall Street Zen upgraded shares of Lantronix from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Six analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $10.80.

Lantronix Stock Down 4.0%

NASDAQ LTRX opened at $5.23 on Tuesday. Lantronix has a fifty-two week low of $4.40 and a fifty-two week high of $8.75. The stock has a market cap of $245.18 million, a PE ratio of -47.55 and a beta of 1.36. The business has a 50 day moving average price of $6.01 and a two-hundred day moving average price of $6.07.

Lantronix (NASDAQ:LTRX) last issued its earnings results on Monday, November 9th. The technology company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.04 by $0.01. The company had revenue of $32.37 million during the quarter, compared to analyst estimates of $31.98 million. Lantronix had a negative return on equity of 4.88% and a negative net margin of 3.46%. Sell-side analysts anticipate that Lantronix will post 0.10 EPS for the current fiscal year.

Insider Activity at Lantronix

In other news, CEO Saleel Awsare purchased 15,000 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were acquired at an average price of $5.18 per share, for a total transaction of $77,700.00. Following the completion of the acquisition, the chief executive officer directly owned 453,381 shares of the company’s stock, valued at $2,348,513.58. The trade was a 3.42% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.80% of the stock is currently owned by insiders.

More Lantronix News

Here are the key news stories impacting Lantronix this week:

• Positive Sentiment: Q1 revenue rose about 8% year over year to $32.4 million, slightly beating estimates, while reported EPS of $0.05 topped the $0.04 consensus. Embedded IoT Solutions revenue grew 37%, highlighting strength in a key business area. Lantronix Tops Q1 Earnings and Revenue Estimates Lantronix: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: For Q2, Lantronix forecast EPS of $0.04–$0.06, versus a $0.04 consensus, and revenue of $32.5 million–$34.5 million, with the $33.5 million midpoint matching expectations. The guidance leaves room for results above consensus.
• Neutral Sentiment: Gross profit increased 8.7% to $14.5 million, and cash on hand was $37.6 million at quarter-end, providing some financial cushion. Lantronix Q1 2027 Earnings
• Negative Sentiment: Despite the adjusted earnings beat, the company reported a $558,000 operating loss and a $463,000 net loss; operating cash flow was negative $2.5 million. Those losses and cash usage temper the otherwise encouraging growth and guidance.

Lantronix Company Profile

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.