
Lantronix (LTRX) Stock Forecast & Price Target
Lantronix (LTRX) Analyst Ratings
Bulls say
Lantronix Inc. has reported its highest revenue from the Americas in two years, indicating strong demand in its primary market. The company's strategic partnership with Qualcomm enhances its competitive edge and a transition towards software solutions is anticipated to improve gross margins, leading to stronger customer relationships. Furthermore, the company has identified new sales opportunities and design wins that are expected to contribute to revenue growth, creating a solid foundation for future financial performance.
Bears say
Lantronix Inc. reported F2Q revenue of $30 million, indicating no anticipated growth sequentially, and the company's next-generation earnings per share (NG EPS) is projected to decline year-over-year by $0.01 to $0.03. Although the company achieved a record next-generation gross margin of 45.3%, its operating margin decreased by 180 basis points year-over-year, despite a sequential improvement of 370 basis points. Broader macroeconomic concerns are negatively impacting modernization-related capital spending in industrial sectors, which could hinder future growth prospects.
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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