Wall Street Zen Downgrades Lantronix (NASDAQ:LTRX) to Buy

Lantronix (NASDAQ:LTRX) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued on Monday.

A number of other analysts also recently weighed in on the stock. Lake Street Capital increased their price target on shares of Lantronix from $6.00 to $8.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of Lantronix in a research report on Wednesday, October 8th. Finally, Needham & Company LLC boosted their price target on Lantronix from $5.50 to $7.50 and gave the company a “buy” rating in a research note on Thursday, November 6th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Lantronix currently has a consensus rating of “Moderate Buy” and an average price target of $6.17.

Lantronix Trading Down 6.1%

Lantronix stock opened at $6.51 on Monday. Lantronix has a 52 week low of $1.91 and a 52 week high of $6.96. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.93 and a current ratio of 3.01. The firm has a market capitalization of $256.23 million, a PE ratio of -24.11 and a beta of 1.50. The business’s 50-day simple moving average is $5.66 and its 200-day simple moving average is $4.68.

Lantronix (NASDAQ:LTRX) last released its earnings results on Wednesday, November 5th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Lantronix had a negative return on equity of 11.63% and a negative net margin of 8.68%.The firm had revenue of $29.79 million for the quarter, compared to analyst estimates of $29.55 million. Lantronix has set its Q2 2026 guidance at 0.020-0.04 EPS. Equities research analysts forecast that Lantronix will post -0.23 earnings per share for the current year.

Institutional Trading of Lantronix

Several hedge funds have recently modified their holdings of the stock. Jane Street Group LLC increased its position in Lantronix by 19.7% in the first quarter. Jane Street Group LLC now owns 71,293 shares of the technology company’s stock worth $178,000 after purchasing an additional 11,728 shares during the period. Atria Wealth Solutions Inc. bought a new position in Lantronix in the second quarter valued at approximately $60,000. R Squared Ltd acquired a new stake in Lantronix during the 2nd quarter worth $32,000. AMH Equity Ltd raised its position in shares of Lantronix by 24.5% during the 2nd quarter. AMH Equity Ltd now owns 250,000 shares of the technology company’s stock valued at $718,000 after acquiring an additional 49,219 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Lantronix in the 2nd quarter valued at $86,000. 39.38% of the stock is owned by institutional investors.

Lantronix Company Profile

Lantronix, Inc is a provider of secure data access and management solutions designed to simplify the deployment, monitoring and control of devices and equipment across a wide range of industries. Headquartered in Irvine, California, the company develops hardware and software products that enable connectivity for smart devices, industrial machinery, IT infrastructure and other systems in the Internet of Things (IoT) ecosystem.

Founded in 1989, Lantronix was among the early innovators in serial-to-Ethernet device networking and has since expanded its portfolio to include secure console servers, device servers, gateways and embedded modules.