
Lantronix (LTRX) Stock Forecast & Price Target
Lantronix (LTRX) Analyst Ratings
Bulls say
Lantronix Inc's strategic partnership with Qualcomm enhances its competitive edge, particularly as the company shifts towards a greater focus on software solutions, likely improving gross margins and customer relationships. The acquisition of Netcomm is expected to generate $6-$7 million in revenue during fiscal year 2024 and will diversify the product lineup to incorporate advanced technologies like 5G industrial routers and WiFi6 gateways. Additionally, growing investments in industrial IoT applications across various sectors point to a favorable market outlook, presenting opportunities for a turnaround and improved performance from previously underperforming assets.
Bears say
Lantronix Inc's financial outlook is negatively impacted by a reported decline in Gridspertisesmart grid revenues and a projected revenue decrease of 16% year-over-year and 10% quarter-over-quarter for F2Q, indicating potential vulnerabilities in demand. Additionally, the company reported F1Q25 results that fell short of consensus estimates, with guidance for F2Q suggesting continued challenges primarily attributed to a slowdown in electric vehicle customer orders. Weakness was also observed in the Federal government sector during the quarter, further contributing to concerns about the company’s revenue streams.
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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