Lantronix Inc (LTRX)

Nov 11, 2026

Canaccord Genuity Group has reduced its price target for Lantronix (NASDAQ:LTRX) to $10.50 from $11.00, while maintaining a "buy" rating. Despite the lowered target, analysts still project a significant upside of 116.05% from the current share price. The company recently reported stronger-than-expected quarterly earnings and revenue, with CEO Saleel Awsare also increasing his stake in the firm.

Nov 10, 2026

Lantronix Inc. reported an 8% year-over-year revenue increase to $32.4 million in Q1 2027, with non-GAAP net income rising 50% to $2.2 million, largely driven by a 37% surge in Embedded IoT Solutions revenue from unmanned systems. The company secured 29 customers for fiscal 2027 in this segment, which is projected to constitute 15-20% of total revenue. Despite a GAAP net loss of $463,000, non-GAAP gross margin expanded to 45.3%, benefiting from higher-margin recurring revenue from the Nero acquisition.

Nov 9, 2026

Lantronix, Inc. (LTRX) reported stronger-than-expected Q1 earnings of $0.05 per share, surpassing the Zacks Consensus Estimate of $0.04. The company also exceeded revenue estimates, posting $32.37 million for the quarter. Despite outperforming expectations, Lantronix shares have fallen 11.9% year-to-date, contrasting with the S&P 500's gain.

Nov 9, 2026

Lantronix Inc. announced its fiscal first-quarter 2027 financial results, reporting an over 8% year-over-year increase in net revenue to $32.4 million and a 50% increase in non-GAAP net income to $2.2 million, or $0.05 per share. The growth was significantly driven by a 37% year-over-year increase in Embedded IoT Solutions revenue, particularly from unmanned systems. The company reaffirmed its expectation for double-digit revenue growth in fiscal 2027.

Nov 4, 2026

Lantronix, Inc. director Hoshi Printer acquired 8,541 common stock shares on November 2, 2026, through the vesting of restricted stock units (RSUs), as detailed in a Form 4 filing. These shares originated from RSUs granted on November 4, 2025, which vested according to a schedule where half vested six months post-grant and the remainder on the first anniversary. Following this transaction, Printer directly holds 145,531 shares and indirectly holds an additional 92,574 shares via the Printer Family Trust, with no remaining derivative securities.

Nov 2, 2026

Lantronix (LTRX) is scheduled to announce its Q1 2027 earnings after market close on Monday, November 9th, with analysts forecasting earnings of $0.04 per share and revenue of $31.98 million. The company's previous quarter results exceeded expectations, reporting $0.04 EPS against a $0.03 consensus. Analyst sentiment remains "Moderate Buy" with an average price target of $10.80, significantly above its recent price of $6.01.

Oct 31, 2026

Lantronix (NASDAQ:LTRX) stock recently fell below its 200-day moving average, trading as low as $5.87. Despite this, analysts maintain a "Moderate Buy" consensus with an average price target of $10.80, and the company slightly exceeded quarterly EPS and revenue expectations. CEO Saleel Awsare also increased his stake by purchasing 15,000 shares, although the company reported negative net margin and return on equity.

Oct 30, 2026

The Zacks Computer-Networking industry is poised for growth due to increasing demand for AI workloads, cloud computing, and advanced connectivity solutions, despite concerns about cautious IT spending and supply-chain volatility. This outlook highlights Cisco Systems (CSCO), Digi International (DGII), and Lantronix (LTRX) as key players benefiting from these trends, with strong performance and strategic initiatives in AI infrastructure and IoT. The industry's near-term prospects are bright, as indicated by its Zacks Industry Rank and outperformance against the S&P 500.