
Lantronix (LTRX) Stock Forecast & Price Target
Lantronix (LTRX) Analyst Ratings
Bulls say
Lantronix Inc has experienced significant revenue growth in the Americas, achieving its highest revenue figures in two years, indicating a robust demand for its networking solutions. The company's strategic partnership with Qualcomm enhances its competitive position, while a shift towards software solutions is anticipated to improve gross margins and deepen customer relationships. Furthermore, new opportunities for recurring revenue, such as a recent partnership with Vodafone, along with multiple sales engagements in emerging markets, suggest strong growth potential in the IoT segment.
Bears say
Lantronix Inc. is facing a negative outlook as its second fiscal quarter revenue is projected to remain flat quarter-over-quarter at $30 million, with a decline in net income per share expected to fall by $0.01 year-over-year to $0.03. Despite achieving a record net gross margin of 45.3%, the net operating margin has decreased by 180 basis points year-over-year, indicating potential challenges in operational efficiency. Additionally, macroeconomic concerns are adversely affecting modernization-related capital spending in industrial sectors, a key area of Lantronix's market focus, which could hinder future revenue growth.
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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