Lantronix (LTRX) Stock Forecast, Price Target & Predictions
LTRX Stock Forecast
Lantronix stock forecast is as follows: an average price target of $7.50 (represents a 106.04% upside from LTRX’s last price of $3.64) 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 $7.50 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 $7.50. This represents a potential 106.04% upside from LTRX's last price of $3.64.
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% | 106.04% |
| Apr 30, 2024 | Jaeson Schmidt | Loop Capital Markets | $7.00 | $3.76 | 86.17% | 92.31% |
| Apr 30, 2024 | Christian Schwab | Craig-Hallum | $6.00 | $3.76 | 59.57% | 64.84% |
| Mar 12, 2024 | Ryan Koontz | Needham | $7.00 | $3.79 | 84.70% | 92.31% |
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 106.04% increase from LTRX last price ($3.64).
Lantronix Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 4 |
| Avg Price Target | - | - | $6.88 |
| Last Closing Price | $3.64 | $3.64 | $3.64 |
| Upside/Downside | -100.00% | -100.00% | 89.01% |
In the current month, the average price target of Lantronix stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Lantronix's last price of $3.64. This month's average price target is down NaN% compared to last quarter, and down -100.00% 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $37.04M | $33.03M | $34.92M | $32.96M | $31.51M | $31.80M | $35.95M | $32.32M | $33.68M | $27.70M |
| Avg Forecast | $50.35M | $49.46M | $48.59M | $47.66M | $46.75M | $45.87M | $44.00M | $43.16M | $42.33M | $41.53M | $41.07M | $38.54M | $39.40M | $37.32M | $36.58M | $34.09M | $31.04M | $36.31M | $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 | $51.09M | $50.19M | $49.30M | $48.36M | $47.44M | $46.54M | $44.64M | $43.79M | $42.95M | $42.13M | $41.67M | $39.10M | $39.97M | $37.87M | $37.12M | $34.59M | $31.50M | $36.84M | $49.16M | $40.22M | $38.13M | $34.20M | $34.92M | $35.65M | $32.33M | $32.27M | $34.04M | $29.48M | $28.96M | $26.09M |
| Low Forecast | $49.65M | $48.77M | $47.92M | $47.00M | $46.10M | $45.22M | $43.39M | $42.55M | $41.74M | $40.95M | $40.50M | $38.00M | $38.85M | $36.80M | $36.07M | $33.61M | $30.61M | $35.81M | $48.96M | $40.22M | $37.06M | $30.10M | $33.94M | $34.65M | $31.42M | $32.27M | $34.04M | $29.48M | $28.96M | $26.09M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.04% | 1.01% | 0.94% | 0.99% | 0.99% | 1.06% | 1.10% | 1.16% | 1.06% |
Lantronix's average Quarter revenue forecast for Mar 24 based on 1 analysts is $40.22M, with a low forecast of $40.22M, and a high forecast of $40.22M. 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.76M | $-1.57M | $766.00K | $-406.00K | $-687.00K | $736.00K | $930.00K | $1.11M | $212.00K | $-439.00K |
| Avg Forecast | $163.19K | $160.31K | $157.49K | $154.47K | $151.52K | $148.65K | $142.60K | $139.86K | $137.19K | $134.59K | $133.12K | $124.90K | $127.69K | $120.96K | $118.57K | $110.48K | $100.61K | $117.69K | $158.99K | $-1.10M | $121.81K | $102.48K | $111.55K | $-998.49K | $832.52K | $1.02M | $1.08M | $-907.71K | $915.69K | $824.83K |
| High Forecast | $165.58K | $162.65K | $159.79K | $156.73K | $153.74K | $150.82K | $144.68K | $141.91K | $139.20K | $136.55K | $135.06K | $126.72K | $129.55K | $122.73K | $120.30K | $112.10K | $102.08K | $119.41K | $159.31K | $-878.67K | $123.59K | $110.84K | $113.18K | $-798.79K | $999.03K | $1.02M | $1.08M | $-726.17K | $915.69K | $824.83K |
| Low Forecast | $160.91K | $158.07K | $155.29K | $152.31K | $149.41K | $146.57K | $140.61K | $137.91K | $135.28K | $132.71K | $131.26K | $123.15K | $125.90K | $119.28K | $116.91K | $108.94K | $99.21K | $116.05K | $158.66K | $-1.32M | $120.11K | $97.55K | $110.00K | $-1.20M | $666.02K | $1.02M | $1.08M | $-1.09M | $915.69K | $824.83K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -14.43% | -15.36% | 6.87% | 0.41% | -0.83% | 0.72% | 0.86% | -1.23% | 0.23% | -0.53% |
5 analysts predict LTRX's average Quarter EBITDA for Sep 23 to be $102.48K, with a high of $110.84K and a low of $97.55K. This is -86.62% lower 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-2.59M | $-1.89M | $-1.65M | $-3.06M | $-2.61M | $-1.65M | $2.51M | $-3.19M | $-2.40M | $-2.28M |
| Avg Forecast | $6.28M | $6.21M | $5.72M | $5.65M | $5.58M | $5.51M | $4.93M | $4.87M | $4.81M | $4.75M | $4.97M | $3.83M | $4.52M | $4.20M | $4.26M | $3.12M | $1.22M | $3.35M | $5.86M | $-3.31M | $3.12M | $988.62K | $2.36M | $-3.01M | $-9.41M | $1.68M | $3.35M | $-2.73M | $3.14M | $2.57M |
| High Forecast | $6.40M | $6.33M | $5.83M | $5.76M | $5.69M | $5.62M | $5.03M | $4.96M | $4.90M | $4.84M | $5.07M | $3.90M | $4.60M | $4.28M | $4.34M | $3.18M | $1.24M | $3.41M | $5.89M | $-2.65M | $3.18M | $1.98M | $2.40M | $-2.41M | $-7.52M | $1.68M | $3.35M | $-2.19M | $3.14M | $2.57M |
| Low Forecast | $6.16M | $6.10M | $5.62M | $5.55M | $5.48M | $5.41M | $4.84M | $4.78M | $4.72M | $4.66M | $4.88M | $3.76M | $4.44M | $4.12M | $4.18M | $3.06M | $1.19M | $3.29M | $5.82M | $-3.97M | $3.07M | $329.54K | $2.31M | $-3.61M | $-11.29M | $1.68M | $3.35M | $-3.28M | $3.14M | $2.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.83% | -1.91% | -0.70% | 1.02% | 0.28% | -0.99% | 0.75% | 1.17% | -0.76% | -0.89% |
Lantronix's average Quarter net income forecast for Sep 22 is $1.68M, with a range of $1.68M to $1.68M. LTRX's average Quarter net income forecast represents a -33.11% decrease compared to the company's last Quarter net income of $2.51M (Jun 22).
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.22M | $9.17M | $8.03M | $9.95M | $9.81M | $9.16M | $9.36M | $8.33M | $8.94M | $7.91M |
| Avg Forecast | $14.18M | $13.93M | $13.69M | $13.42M | $13.17M | $12.92M | $12.39M | $12.15M | $11.92M | $11.70M | $11.57M | $10.85M | $11.10M | $10.51M | $10.30M | $9.60M | $8.74M | $10.23M | $13.82M | $8.64M | $10.59M | $8.91M | $9.69M | $7.85M | $8.98M | $9.09M | $9.59M | $7.14M | $8.16M | $7.35M |
| High Forecast | $14.39M | $14.13M | $13.89M | $13.62M | $13.36M | $13.11M | $12.57M | $12.33M | $12.10M | $11.87M | $11.74M | $11.01M | $11.26M | $10.67M | $10.45M | $9.74M | $8.87M | $10.38M | $13.84M | $10.36M | $10.74M | $9.63M | $9.84M | $9.42M | $9.11M | $9.09M | $9.59M | $8.56M | $8.16M | $7.35M |
| Low Forecast | $13.98M | $13.74M | $13.49M | $13.24M | $12.98M | $12.74M | $12.22M | $11.98M | $11.76M | $11.53M | $11.41M | $10.70M | $10.94M | $10.37M | $10.16M | $9.47M | $8.62M | $10.08M | $13.79M | $6.91M | $10.44M | $8.48M | $9.56M | $6.28M | $8.85M | $9.09M | $9.59M | $5.71M | $8.16M | $7.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.03% | 0.83% | 1.27% | 1.09% | 1.01% | 0.98% | 1.17% | 1.10% | 1.08% |
Lantronix's average Quarter SG&A projection for Mar 24 is $8.64M, based on 1 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.07 | $-0.05 | $-0.04 | $-0.08 | $-0.07 | $-0.05 | $0.07 | $-0.09 | $-0.08 | $-0.08 |
| Avg Forecast | $0.17 | $0.16 | $0.15 | $0.15 | $0.15 | $0.14 | $0.13 | $0.13 | $0.13 | $0.12 | $0.13 | $0.10 | $0.12 | $0.11 | $0.11 | $0.08 | $0.03 | $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 | $0.17 | $0.17 | $0.15 | $0.15 | $0.15 | $0.15 | $0.13 | $0.13 | $0.13 | $0.13 | $0.13 | $0.10 | $0.12 | $0.11 | $0.11 | $0.08 | $0.03 | $0.09 | $0.15 | $0.10 | $0.08 | $0.05 | $0.06 | $0.07 | $0.03 | $0.04 | $0.09 | $0.07 | $0.08 | $0.07 |
| Low Forecast | $0.16 | $0.16 | $0.15 | $0.15 | $0.14 | $0.14 | $0.13 | $0.13 | $0.12 | $0.12 | $0.13 | $0.10 | $0.12 | $0.11 | $0.11 | $0.08 | $0.03 | $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% | 0.80% | -1.35% | -0.91% | -1.19% |
According to 3 Wall Street analysts, Lantronix's projected average Quarter EPS for Sep 22 is $0.04, with a low estimate of $0.04 and a high estimate of $0.04. This represents a -37.14% decrease compared to LTRX previous annual EPS of $0.07 (Jun 22).