Lantronix (NASDAQ:LTRX) Updates Q3 2026 Earnings Guidance

Lantronix (NASDAQ:LTRX) updated its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.030-0.060 for the period, compared to the consensus EPS estimate of 0.020. The company issued revenue guidance of $28.5 million-$32.5 million, compared to the consensus revenue estimate of $31.2 million.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Lake Street Capital upped their target price on shares of Lantronix from $6.00 to $8.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Needham & Company LLC upped their price target on shares of Lantronix from $5.50 to $7.50 and gave the company a “buy” rating in a research report on Thursday, November 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lantronix in a research note on Thursday, January 22nd. Finally, Wall Street Zen downgraded shares of Lantronix from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 19th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $6.17.

Lantronix Trading Down 13.5%

Shares of LTRX traded down $0.97 during mid-day trading on Wednesday, reaching $6.23. The company had a trading volume of 2,315,409 shares, compared to its average volume of 1,466,037. The firm has a fifty day simple moving average of $6.06 and a 200-day simple moving average of $4.94. Lantronix has a fifty-two week low of $1.91 and a fifty-two week high of $8.24. The company has a current ratio of 3.01, a quick ratio of 1.93 and a debt-to-equity ratio of 0.14. The stock has a market cap of $245.21 million, a price-to-earnings ratio of -23.07 and a beta of 1.51.

Lantronix (NASDAQ:LTRX) last issued its earnings results on Wednesday, February 4th. The technology company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The business had revenue of $29.77 million for the quarter, compared to the consensus estimate of $29.94 million. Lantronix had a negative net margin of 8.68% and a negative return on equity of 11.63%. Lantronix has set its Q3 2026 guidance at 0.030-0.060 EPS. On average, sell-side analysts anticipate that Lantronix will post -0.23 EPS for the current fiscal year.

Hedge Funds Weigh In On Lantronix

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its position in 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 acquiring an additional 40,890 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Lantronix by 135.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 669,183 shares of the technology company’s stock worth $3,058,000 after acquiring an additional 385,075 shares during the last quarter. Soviero Asset Management LP acquired a new stake in Lantronix during the 3rd quarter worth about $2,331,000. Marshall Wace LLP raised its holdings in shares of 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 acquiring an additional 42,838 shares during the period. Finally, Citadel Advisors LLC raised its stake in Lantronix by 1,191.2% during the 3rd quarter. Citadel Advisors LLC now owns 195,583 shares of the technology company’s stock valued at $894,000 after purchasing an additional 180,436 shares during the period. Institutional investors own 39.38% of the company’s stock.

About Lantronix

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.