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 135.62% upside from LTRX’s last price of $2.92) 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 135.62% upside from LTRX's last price of $2.92.
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% | 156.85% |
| Apr 30, 2024 | Jaeson Schmidt | Loop Capital Markets | $7.00 | $3.76 | 86.17% | 139.73% |
| Apr 30, 2024 | Christian Schwab | Craig-Hallum | $6.00 | $3.76 | 59.57% | 105.48% |
| Mar 12, 2024 | Ryan Koontz | Needham | $7.00 | $3.79 | 84.70% | 139.73% |
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 156.85% increase from LTRX last price ($2.92).
Lantronix Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $7.50 | $6.88 |
| Last Closing Price | $2.92 | $2.92 | $2.92 |
| Upside/Downside | -100.00% | 156.85% | 135.62% |
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 $2.92. This month's average price target is down -100.00% 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 | $50.91M | $50.02M | $49.14M | $48.19M | $47.27M | $46.38M | $44.49M | $43.64M | $42.80M | $41.99M | $41.53M | $38.97M | $39.84M | $37.74M | $36.99M | $34.47M | $31.39M | $36.72M | $49.16M | $40.22M | $38.00M | $34.20M | $34.80M | $35.53M | $32.22M | $32.27M | $34.04M | $29.48M | $28.96M | $26.09M |
| Low Forecast | $49.82M | $48.94M | $48.08M | $47.15M | $46.25M | $45.38M | $43.53M | $42.70M | $41.88M | $41.08M | $40.64M | $38.13M | $38.98M | $36.93M | $36.19M | $33.73M | $30.71M | $35.93M | $48.96M | $40.22M | $37.19M | $30.10M | $34.05M | $34.76M | $31.53M | $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 | $165.01K | $162.09K | $159.25K | $156.19K | $153.21K | $150.30K | $144.19K | $141.42K | $138.72K | $136.09K | $134.60K | $126.29K | $129.11K | $122.31K | $119.89K | $111.72K | $101.73K | $119.00K | $159.31K | $-878.67K | $123.17K | $110.84K | $112.80K | $-798.79K | $999.03K | $1.02M | $1.08M | $-726.17K | $915.69K | $824.83K |
| Low Forecast | $161.45K | $158.60K | $155.81K | $152.82K | $149.91K | $147.06K | $141.08K | $138.37K | $135.73K | $133.15K | $131.70K | $123.57K | $126.32K | $119.67K | $117.30K | $109.31K | $99.54K | $116.44K | $158.66K | $-1.32M | $120.51K | $97.55K | $110.36K | $-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 | $6.37M | $6.30M | $5.81M | $5.73M | $5.66M | $5.59M | $5.00M | $4.94M | $4.88M | $4.82M | $5.05M | $3.88M | $4.58M | $4.26M | $4.32M | $3.16M | $1.23M | $3.39M | $5.89M | $-2.65M | $3.17M | $1.98M | $2.39M | $-2.41M | $-7.52M | $1.68M | $3.35M | $-2.19M | $3.14M | $2.57M |
| Low Forecast | $6.19M | $6.12M | $5.64M | $5.57M | $5.50M | $5.44M | $4.86M | $4.80M | $4.74M | $4.68M | $4.90M | $3.77M | $4.46M | $4.14M | $4.20M | $3.07M | $1.20M | $3.30M | $5.82M | $-3.97M | $3.08M | $329.54K | $2.32M | $-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 | $14.34M | $14.09M | $13.84M | $13.57M | $13.31M | $13.06M | $12.53M | $12.29M | $12.05M | $11.83M | $11.70M | $10.97M | $11.22M | $10.63M | $10.42M | $9.71M | $8.84M | $10.34M | $13.84M | $10.36M | $10.70M | $9.63M | $9.80M | $9.42M | $9.08M | $9.09M | $9.59M | $8.56M | $8.16M | $7.35M |
| Low Forecast | $14.03M | $13.78M | $13.54M | $13.28M | $13.03M | $12.78M | $12.26M | $12.02M | $11.79M | $11.57M | $11.44M | $10.74M | $10.98M | $10.40M | $10.19M | $9.50M | $8.65M | $10.12M | $13.79M | $6.91M | $10.47M | $8.48M | $9.59M | $6.28M | $8.88M | $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).