Lantronix (LTRX) Stock Forecast, Price Target & Predictions
LTRX Stock Forecast
Lantronix stock forecast is as follows: an average price target of $6.88 (represents a 54.95% upside from LTRX’s last price of $4.44) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
LTRX Price Target
The average price target for Lantronix (LTRX) is $6.88 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $7.50 to $6.00. This represents a potential 54.95% upside from LTRX's last price of $4.44.
LTRX Analyst Ratings
According to 4 Wall Street analysts, Lantronix's rating consensus is 'Buy'. The analyst rating breakdown for LTRX stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Lantronix Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 11, 2024 | George Gianarikas | Canaccord Genuity | $7.50 | $3.93 | 90.84% | 68.92% |
| Apr 30, 2024 | Jaeson Schmidt | Loop Capital Markets | $7.00 | $3.76 | 86.17% | 57.66% |
| Apr 30, 2024 | Christian Schwab | Craig-Hallum | $6.00 | $3.76 | 59.57% | 35.14% |
| Mar 12, 2024 | Ryan Koontz | Needham | $7.00 | $3.79 | 84.70% | 57.66% |
The latest Lantronix stock forecast, released on Sep 11, 2024 by George Gianarikas from Canaccord Genuity, set a price target of $7.50, which represents a 90.84% increase from the stock price at the time of the forecast ($3.93), and a 68.92% increase from LTRX last price ($4.44).
Lantronix Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 4 |
| Avg Price Target | $7.50 | $7.50 | $6.88 |
| Last Closing Price | $4.44 | $4.44 | $4.44 |
| Upside/Downside | 68.92% | 68.92% | 54.95% |
In the current month, the average price target of Lantronix stock is $7.50, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 68.92% increase as opposed to Lantronix's last price of $4.44. This month's average price target is down 0.00% compared to last quarter, and up 9.01% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 17, 2024 | Roth Capital | Buy | Buy | Hold |
| Apr 30, 2024 | Roth Capital | Buy | Buy | Hold |
| Apr 30, 2024 | Lake Street | Buy | Buy | Hold |
| Apr 30, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Mar 12, 2024 | Needham | Buy | Buy | Hold |
| Nov 11, 2022 | Needham | Buy | Buy | Hold |
Lantronix's last stock rating was published by Roth Capital on Jun 17, 2024. The company gave LTRX a "Buy" rating, the same as its previous rate.
Lantronix Financial Forecast
Lantronix Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $37.04M | $33.03M | $34.92M | $32.96M | $31.51M | $31.80M | - | $32.32M | $33.68M | - |
| Avg Forecast | $55.51M | $54.46M | $53.44M | $52.35M | $51.29M | $50.25M | $49.24M | $48.25M | $47.29M | $46.35M | $47.18M | $45.02M | $43.28M | $41.06M | $42.84M | $40.74M | $38.56M | $36.32M | $49.06M | $40.22M | $37.59M | $31.62M | $34.42M | $35.14M | $31.87M | $32.27M | $34.04M | $29.48M | $28.96M | $26.09M |
| High Forecast | $56.72M | $55.65M | $54.60M | $53.49M | $52.40M | $51.34M | $50.31M | $49.30M | $48.32M | $47.36M | $48.21M | $46.00M | $44.22M | $41.96M | $43.77M | $41.63M | $39.40M | $37.11M | $50.12M | $41.10M | $38.40M | $34.20M | $35.17M | $35.90M | $32.56M | $32.98M | $34.04M | $29.48M | $28.96M | $26.09M |
| Low Forecast | $54.88M | $53.85M | $52.84M | $51.76M | $50.71M | $49.68M | $48.68M | $47.71M | $46.75M | $45.82M | $46.65M | $44.51M | $42.79M | $40.60M | $42.36M | $40.28M | $38.12M | $35.91M | $48.50M | $39.77M | $37.16M | $30.10M | $34.03M | $34.74M | $31.51M | $31.91M | $34.04M | $29.48M | $28.96M | $26.09M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.04% | 1.01% | 0.94% | 0.99% | 0.99% | - | 1.10% | 1.16% | - |
Lantronix's average Quarter revenue forecast for Mar 24 based on 0 analysts is $40.22M, with a low forecast of $39.77M, and a high forecast of $41.10M. LTRX's average Quarter revenue forecast represents a 8.59% increase compared to the company's last Quarter revenue of $37.04M (Dec 23).
Lantronix EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.76M | $-1.57M | $766.00K | $-406.00K | $-687.00K | $736.00K | - | $1.11M | $212.00K | - |
| Avg Forecast | $1.76M | $1.72M | $1.69M | $1.66M | $1.62M | $1.59M | $1.56M | $1.53M | $1.50M | $1.47M | $1.49M | $1.42M | $1.37M | $1.30M | $1.35M | $1.29M | $1.22M | $1.15M | $1.55M | $-1.10M | $1.19M | $999.83K | $1.09M | $-998.49K | $1.01M | $-3.69M | $1.28M | $-907.71K | $1.09M | $981.76K |
| High Forecast | $1.79M | $1.76M | $1.73M | $1.69M | $1.66M | $1.62M | $1.59M | $1.56M | $1.53M | $1.50M | $1.52M | $1.45M | $1.40M | $1.33M | $1.38M | $1.32M | $1.25M | $1.17M | $1.58M | $-878.67K | $1.21M | $1.08M | $1.11M | $-798.79K | $1.03M | $-2.96M | $1.28M | $-726.17K | $1.09M | $981.76K |
| Low Forecast | $1.74M | $1.70M | $1.67M | $1.64M | $1.60M | $1.57M | $1.54M | $1.51M | $1.48M | $1.45M | $1.47M | $1.41M | $1.35M | $1.28M | $1.34M | $1.27M | $1.21M | $1.14M | $1.53M | $-1.32M | $1.18M | $951.77K | $1.08M | $-1.20M | $996.29K | $-4.43M | $1.28M | $-1.09M | $1.09M | $981.76K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.48% | -1.57% | 0.70% | 0.41% | -0.68% | -0.20% | - | -1.23% | 0.19% | - |
5 analysts predict LTRX's average Quarter EBITDA for Sep 23 to be $999.83K, with a high of $1.08M and a low of $951.77K. This is 30.53% upper than Lantronix's previous annual EBITDA (Jun 23) of $766.00K.
Lantronix Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-2.59M | $-1.89M | $-1.65M | $-3.06M | $-2.61M | $-1.65M | - | $-3.19M | $-2.40M | - |
| Avg Forecast | $7.11M | $7.03M | $6.47M | $6.38M | $6.30M | $6.21M | $6.13M | $6.05M | $5.53M | $5.46M | $6.44M | $5.83M | $5.35M | $4.93M | $5.64M | $4.95M | $3.96M | $3.35M | $5.87M | $-3.31M | $3.13M | $990.50K | $2.36M | $-3.01M | $1.03M | $-19.21M | $3.30M | $-2.73M | $3.09M | $2.53M |
| High Forecast | $7.31M | $7.23M | $6.65M | $6.56M | $6.48M | $6.39M | $6.30M | $6.22M | $5.68M | $5.61M | $6.62M | $5.99M | $5.50M | $5.07M | $5.80M | $5.09M | $4.07M | $3.45M | $6.03M | $-2.65M | $3.22M | $1.98M | $2.43M | $-2.41M | $1.06M | $-15.37M | $3.30M | $-2.19M | $3.09M | $2.53M |
| Low Forecast | $7.01M | $6.93M | $6.37M | $6.29M | $6.20M | $6.12M | $6.04M | $5.96M | $5.45M | $5.38M | $6.35M | $5.74M | $5.27M | $4.86M | $5.56M | $4.88M | $3.90M | $3.30M | $5.78M | $-3.97M | $3.08M | $330.17K | $2.33M | $-3.61M | $1.02M | $-23.05M | $3.30M | $-3.28M | $3.09M | $2.53M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.83% | -1.90% | -0.70% | 1.02% | -2.52% | 0.09% | - | 1.17% | -0.77% | - |
Lantronix's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. LTRX's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Lantronix SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.22M | $9.17M | $8.03M | $9.95M | $9.81M | $9.16M | - | $8.33M | $8.94M | - |
| Avg Forecast | $15.63M | $15.34M | $15.05M | $14.74M | $14.44M | $14.15M | $13.87M | $13.59M | $13.32M | $13.05M | $13.29M | $12.68M | $12.19M | $11.57M | $12.07M | $11.47M | $10.86M | $10.23M | $13.82M | $8.64M | $10.59M | $8.91M | $9.69M | $7.85M | $8.98M | $9.09M | $10.24M | $7.14M | $8.71M | $7.85M |
| High Forecast | $15.97M | $15.67M | $15.38M | $15.06M | $14.76M | $14.46M | $14.17M | $13.88M | $13.61M | $13.34M | $13.58M | $12.96M | $12.45M | $11.82M | $12.33M | $11.72M | $11.10M | $10.45M | $14.12M | $10.36M | $10.82M | $9.63M | $9.90M | $9.42M | $9.17M | $9.29M | $10.24M | $8.56M | $8.71M | $7.85M |
| Low Forecast | $15.46M | $15.17M | $14.88M | $14.58M | $14.28M | $13.99M | $13.71M | $13.44M | $13.17M | $12.91M | $13.14M | $12.54M | $12.05M | $11.43M | $11.93M | $11.35M | $10.74M | $10.11M | $13.66M | $6.91M | $10.47M | $8.48M | $9.58M | $6.28M | $8.87M | $8.99M | $10.24M | $5.71M | $8.71M | $7.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.03% | 0.83% | 1.27% | 1.09% | 1.01% | - | 1.17% | 1.03% | - |
Lantronix's average Quarter SG&A projection for Mar 24 is $8.64M, based on 0 Wall Street analysts, with a range of $6.91M to $10.36M. The forecast indicates a -15.54% fall compared to LTRX last annual SG&A of $10.22M (Dec 23).
Lantronix EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Oct 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.07 | $-0.05 | $-0.04 | $-0.08 | $-0.07 | $-0.05 | - | $-0.09 | $-0.08 | - |
| Avg Forecast | $0.19 | $0.18 | $0.17 | $0.17 | $0.17 | $0.16 | $0.16 | $0.16 | $0.15 | $0.14 | $0.17 | $0.15 | $0.14 | $0.13 | $0.15 | $0.13 | $0.10 | $0.09 | $0.15 | $0.10 | $0.08 | $0.03 | $0.06 | $0.07 | $0.03 | $0.04 | $0.09 | $0.07 | $0.08 | $0.07 |
| High Forecast | $0.19 | $0.19 | $0.17 | $0.17 | $0.17 | $0.17 | $0.17 | $0.16 | $0.15 | $0.15 | $0.17 | $0.16 | $0.14 | $0.13 | $0.15 | $0.13 | $0.11 | $0.09 | $0.16 | $0.10 | $0.08 | $0.05 | $0.06 | $0.07 | $0.03 | $0.05 | $0.09 | $0.07 | $0.08 | $0.07 |
| Low Forecast | $0.18 | $0.18 | $0.17 | $0.17 | $0.16 | $0.16 | $0.16 | $0.16 | $0.14 | $0.14 | $0.17 | $0.15 | $0.14 | $0.13 | $0.15 | $0.13 | $0.10 | $0.09 | $0.15 | $0.10 | $0.08 | $0.01 | $0.06 | $0.07 | $0.03 | $0.04 | $0.09 | $0.07 | $0.08 | $0.07 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.84% | -1.96% | -0.73% | -1.24% | -2.64% | -1.06% | - | -1.35% | -0.91% | - |
According to undefined Wall Street analysts, Lantronix's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to LTRX previous annual EPS of $NaN (undefined).
LTRX Forecast FAQ
Is Lantronix a good buy?
Yes, according to 4 Wall Street analysts, Lantronix (LTRX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of LTRX's total ratings.
What is LTRX's price target?
Lantronix (LTRX) average price target is $6.88 with a range of $6 to $7.5, implying a 54.95% from its last price of $4.44. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Lantronix stock go up soon?
According to Wall Street analysts' prediction for LTRX stock, the company can go up by 54.95% (from the last price of $4.44 to the average price target of $6.88), up by 68.92% based on the highest stock price target, and up by 35.14% based on the lowest stock price target.
Can Lantronix stock reach $7?
LTRX's highest twelve months analyst stock price target of $7.5 supports the claim that Lantronix can reach $7 in the near future.
What is Lantronix's current price target trend?
1 Wall Street analyst forecast a $7.5 price target for Lantronix (LTRX) this month, up 68.92% from its last price of $4.44. Compared to the last 3 and 12 months, the average price target increased by 68.92% and increased by 54.95%, respectively.
What are Lantronix's analysts' financial forecasts?
Lantronix's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $191.12M (high $195.28M, low $188.97M), average EBITDA is $6.04M (high $6.17M, low $5.98M), average net income is $23.16M (high $23.81M, low $22.82M), average SG&A $53.83M (high $55M, low $53.22M), and average EPS is $0.608 (high $0.625, low $0.599). LTRX's analysts financial forecasts for the fiscal year (Jun 2028) are as follows: average revenue is $207.33M (high $211.84M, low $204.99M), average EBITDA is $6.56M (high $6.7M, low $6.48M), average net income is $25.36M (high $26.07M, low $24.98M), average SG&A $58.39M (high $59.66M, low $57.73M), and average EPS is $0.666 (high $0.684, low $0.656).
Did the LTRX's actual financial results beat the analysts' financial forecasts?
Based on Lantronix's last annual report (Jun 2023), the company's revenue was $131.19M, which missed the average analysts forecast of $167.74M by -21.79%. Apple's EBITDA was $-382K, missing the average prediction of $-1.315M by -70.96%. The company's net income was $-8.98M, missing the average estimation of $-15.522M by -42.15%. Apple's SG&A was $36.95M, missing the average forecast of $45.85M by -19.42%. Lastly, the company's EPS was $0, missing the average prediction of $0.289 by -100.00%. In terms of the last quarterly report (Dec 2023), Lantronix's revenue was $37.04M, missing the average analysts' forecast of $37.59M by -1.46%. The company's EBITDA was $-1.758M, missing the average prediction of $1.19M by -247.92%. Lantronix's net income was $-2.593M, missing the average estimation of $3.13M by -182.85%. The company's SG&A was $10.22M, missing the average forecast of $10.59M by -3.42%. Lastly, the company's EPS was $-0.0694, missing the average prediction of $0.0822 by -184.48%