Lantronix (NASDAQ:LTRX – Get Free Report) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.020-0.04 for the period. The company issued revenue guidance of $28.0 million-$32.0 million, compared to the consensus revenue estimate of $30.4 million.
Wall Street Analysts Forecast Growth
LTRX has been the topic of a number of recent research reports. Lake Street Capital set a $6.00 target price on Lantronix and gave the company a “buy” rating in a research note on Thursday. Needham & Company LLC increased their price objective on Lantronix from $5.50 to $7.50 and gave the company a “buy” rating in a research note on Thursday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Lantronix in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $5.50.
Check Out Our Latest Research Report on LTRX
Lantronix Stock Down 1.7%
Lantronix (NASDAQ:LTRX – Get Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The technology company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Lantronix had a negative return on equity of 12.89% and a negative net margin of 9.25%.The company had revenue of $29.79 million for the quarter, compared to analysts’ expectations of $29.55 million. Lantronix has set its Q2 2026 guidance at 0.020-0.04 EPS. On average, equities research analysts anticipate that Lantronix will post -0.23 EPS for the current fiscal year.
Insider Transactions at Lantronix
In other news, major shareholder Bernhard Bruscha sold 12,993 shares of the business’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $4.64, for a total transaction of $60,287.52. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.40% of the stock is owned by company insiders.
Institutional Trading of Lantronix
Large investors have recently modified their holdings of the business. XTX Topco Ltd acquired a new stake in Lantronix during the second quarter valued at approximately $86,000. Jane Street Group LLC grew its stake in Lantronix by 19.7% during the 1st quarter. Jane Street Group LLC now owns 71,293 shares of the technology company’s stock valued at $178,000 after acquiring an additional 11,728 shares in the last quarter. Manatuck Hill Partners LLC purchased a new stake in Lantronix in the 2nd quarter worth approximately $302,000. Marshall Wace LLP boosted its position in Lantronix by 10.6% during the second quarter. Marshall Wace LLP now owns 446,164 shares of the technology company’s stock valued at $1,280,000 after purchasing an additional 42,838 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Lantronix by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,486,791 shares of the technology company’s stock valued at $6,795,000 after buying an additional 40,890 shares in the last quarter. 39.38% of the stock is currently owned by institutional investors and hedge funds.
About Lantronix
Lantronix, Inc provides solutions for video surveillance, infotainment systems, and intelligent substations infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT System Solutions, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, power for IoT end devices through Power over Ethernet, application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and various other functions; Embedded IoT Modules, such as application processing delivering compute to meet customer needs for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications; and Software and Engineering Services offers SaaS platform that enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login.
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