
Lantronix (LTRX) Stock Forecast & Price Target
Lantronix (LTRX) Analyst Ratings
Bulls say
Lantronix Inc. has demonstrated its strongest revenue performance in the Americas in two years, highlighting a robust recovery in this key market. The company's strategic partnership with Qualcomm enhances its competitive edge and the transition towards software solutions is expected to positively impact gross margins while deepening customer relationships. Furthermore, new business opportunities, such as a design win with Vodafone for industrial IoT applications, suggest a strong growth trajectory anticipated in the coming quarters, particularly within the IoT Systems Solutions segment.
Bears say
Lantronix Inc. reported a revenue of $30 million for the second fiscal quarter, which is anticipated to remain flat quarter-over-quarter, while net earnings per share (EPS) are projected to decline by $0.01 year-over-year, indicating potential stagnation in financial performance. Despite achieving a record net gross margin of 45.3%, the net operating margin fell to 5.0%, representing a significant year-over-year decline, which raises concerns about operational efficiency. Furthermore, macroeconomic challenges are negatively impacting modernization-related capital expenditures in industrial sectors, suggesting a constrained growth environment for Lantronix's key revenue-driving segment, the IoT System Solutions.
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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