
Lantronix (LTRX) Stock Forecast & Price Target
Lantronix (LTRX) Analyst Ratings
Bulls say
Lantronix Inc has demonstrated strong revenue growth in the Americas, achieving its highest revenue figures in two years, which emphasizes the company's robust market presence in this primary geographic area. The strategic partnership with Qualcomm enhances Lantronix's competitive edge, while a shift towards software solutions is anticipated to improve gross margins and strengthen customer relationships further. Additionally, new sales engagements with ecosystem suppliers and a design win with Vodafone signal promising growth opportunities, particularly in the industrial IoT sector, indicating a positive trajectory for the company in upcoming periods.
Bears say
Lantronix Inc reported a second-quarter revenue of $30 million, projected to remain flat quarter-over-quarter, with net gross earnings per share anticipated to decrease by $0.01 year-over-year. Despite achieving a record net gross margin of 45.3%, which improved both quarter-over-quarter and year-over-year, the company's operating margin declined by 180 basis points year-over-year, although it increased by 370 basis points quarter-over-quarter. Furthermore, macro-economic concerns are negatively impacting modernization-related capital spending in key industrial sectors, posing risks to future revenue growth and overall performance.
This aggregate rating is based on analysts' research of Lantronix and is not a guaranteed prediction by Public.com or investment advice.
Lantronix (LTRX) Analyst Forecast & Price Prediction
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