Lantronix (LTRX) AI Stock Analysis

• Market Cap: $194.83M
• Dividend Yield: N/A
• Average Volume (3M): 269.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.91
• Revenue Growth: -26.85%
• EPS Growth: -93.91%
• Country: US
• Employees: 367
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): 0.04
• Shares Outstanding: 39,358,610
• 10 Day Avg. Volume: 206,903
• 30 Day Avg. Volume: 269,477
• PEG Ratio: -0.07
• Price to Book (P/B): 1.49
• Price to Sales (P/S): 0.90
• P/FCF Ratio: 16.35
• Enterprise Value/Market Cap: 0.91
• Enterprise Value/Revenue: 1.49
• Enterprise Value/Gross Profit: 3.49
• Enterprise Value/Ebitda: -38.99
• 1Y Price Target: $7.38
• Price Target Upside: 49.09% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): 0.19
• Revenue Forecast (FY): $126.26M

• Rating: 53 Neutral
• Price Target: $4.50 ▼(-9.09% Downside)

Lantronix's overall stock score reflects its financial challenges, particularly in profitability and valuation, which are offset by positive earnings call insights and potential growth in new business areas. The technical analysis indicates bearish momentum, further weighing on the score.

Positive Factors

Gross Margin Expansion

The improvement in gross margins indicates enhanced operational efficiency and cost management, which can lead to better profitability and competitiveness over time.

New Product Introductions

The introduction of new products like EdgeFabric.ai and Kompress.ai positions Lantronix to tap into new markets and generate recurring revenue, supporting long-term growth.

Strong Balance Sheet

A strong balance sheet with increased cash reserves enhances financial stability and provides flexibility for strategic investments and growth initiatives.

Negative Factors

Declining Revenue

A declining revenue trend can hinder the company's ability to invest in growth opportunities and may impact its competitive position in the market.

Profitability Challenges

Persistent profitability issues, as seen in negative net profit margins, can strain financial resources and limit the company's ability to sustain operations and growth.

GAAP Net Loss

A GAAP net loss reflects ongoing financial challenges and may indicate underlying operational inefficiencies that need to be addressed for long-term success.

Lantronix Business Overview & Revenue Model

Company Description

Lantronix, Inc. provides software as a service (SaaS), engineering services, and hardware for edge computing, the Internet of Things (IoT), and remote environment management (REM) in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT Connectivity, 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; IoT Compute, 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 IoT Telematics, which provides power efficient products designed to support communications across interfaces and industrial protocols for vehicle, fleet, and asset tracking and management. It also offers network switches, media converters, power over ethernet, NICS and optical SFPs, system on modules, single board computers, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development, as well as xPrintServer. In addition, the company's REM products include out-of-band management, console management, power management, and IP connected keyboard-video-mouse products that offers remote access to IT and networking infrastructure deployed in test labs, data centers, branch offices, remote sites, and server rooms. Further, its SaaS platform enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login. Lantronix, Inc. was founded in 1989 and is headquartered in Irvine, California.

How the Company Makes Money

Lantronix generates revenue through multiple key streams, primarily from the sale of its hardware products, including IoT gateways and embedded connectivity solutions. Additionally, the company earns income from recurring software subscriptions and support services that enhance the functionality and security of its devices. Strategic partnerships with other technology providers and system integrators also contribute to its revenue, as these collaborations enable broader market reach and integration within various industries. Furthermore, Lantronix's focus on emerging trends in IoT and cloud services positions it to capitalize on the growing demand for connected solutions across various sectors.

Lantronix Financial Statement Overview

Summary

Lantronix faces challenges with declining revenues and persistent profitability issues, as evidenced by negative profit margins and returns on equity. However, the company maintains a stable balance sheet with manageable debt levels and shows signs of improvement in cash flow generation. Continued focus on operational efficiency and revenue growth is essential for enhancing financial performance.

Income Statement

Lantronix's income statement shows a declining revenue trend with a negative revenue growth rate of -3.77% in the TTM period. The company has consistently reported negative net profit margins, indicating ongoing profitability challenges. Despite a relatively stable gross profit margin around 42%, the negative EBIT and EBITDA margins highlight operational inefficiencies.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.16 in the TTM period, suggesting manageable leverage. However, the negative return on equity indicates that the company is not generating positive returns for shareholders. The equity ratio is not provided, but the overall financial position appears stable with room for improvement in profitability.

Cash Flow

Lantronix's cash flow statement shows a positive free cash flow growth rate of 15.12% in the TTM period, indicating improved cash generation. The operating cash flow to net income ratio is positive, suggesting some efficiency in cash operations despite negative net income. The free cash flow to net income ratio is close to 1, reflecting effective cash management relative to earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	118.29M	122.92M	160.33M	131.19M	129.66M	71.48M
Gross Profit	50.57M	51.70M	64.35M	56.26M	55.59M	33.02M
EBITDA	-4.53M	-5.07M	4.62M	792.00K	896.00K	377.00K
Net Income	-10.27M	-11.37M	-4.52M	-8.98M	-5.36M	-4.04M
Balance Sheet
Total Assets	119.57M	123.72M	136.21M	151.62M	137.37M	72.57M
Cash, Cash Equivalents and Short-Term Investments	22.19M	20.10M	26.24M	13.45M	17.22M	9.74M
Total Debt	10.66M	21.16M	26.55M	31.25M	24.23M	6.01M
Total Liabilities	45.12M	49.34M	54.85M	74.07M	57.48M	26.47M
Stockholders Equity	74.45M	74.38M	81.36M	77.56M	79.90M	46.10M
Cash Flow
Free Cash Flow	7.80M	6.78M	17.14M	-2.44M	-11.53M	3.52M
Operating Cash Flow	8.23M	7.29M	18.62M	237.00K	-9.42M	4.30M
Investing Cash Flow	-6.88M	-6.96M	-1.48M	-7.32M	-25.75M	-783.00K
Financing Cash Flow	-5.55M	-6.46M	-4.36M	3.32M	42.65M	-1.47M

Lantronix Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.95
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LTRX, the sentiment is Positive. The current price of 4.95 is above the 20-day moving average (MA) of 4.84, above the 50-day MA of 4.88, and above the 200-day MA of 3.35, indicating a bullish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 53.82 is Neutral, neither overbought nor oversold. The STOCH value of 66.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LTRX.

Lantronix Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BKTI	76 Outperform	$238.75M	19.35	38.74%	―	10.12%	153.04%
AUDC	65 Neutral	$264.39M	20.28	7.67%	4.27%	0.15%	17.21%
AVNW	63 Neutral	$278.70M	20.82	5.24%	―	10.89%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
LTRX	53 Neutral	$194.83M	―	-13.39%	―	-26.85%	-93.91%
CRNT	49 Neutral	$180.34M	133.55	0.84%	―	-3.78%	-92.62%
INSG	46 Neutral	$162.32M	-41.74	―	―	-17.45%	76.52%

Lantronix Corporate Events

Lantronix Earnings Call Highlights Growth and Innovation

In its latest earnings call, Lantronix expressed a positive outlook, showcasing a robust financial performance. The company reported revenue and EPS at the high end of its guidance, alongside a notable improvement in gross margins. Despite a GAAP net loss, Lantronix demonstrated financial discipline and potential growth in emerging verticals, particularly in the drone business and new product introductions.

Lantronix Holds 2025 Annual Stockholders Meeting

On November 4, 2025, Lantronix, Inc. held its 2025 Annual Meeting of Stockholders where several key decisions were made. The stockholders elected six nominees to the Board of Directors, ratified the appointment of Baker Tilly US, LLP as independent accountants for the fiscal year ending June 30, 2026, and approved executive compensation and its annual advisory vote frequency.

The most recent analyst rating on (LTRX) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Lantronix stock, see the LTRX Stock Forecast page.

Lantronix Reports Strong Start to Fiscal 2026

Lantronix Inc. is a global leader in Edge AI and Industrial IoT solutions, providing intelligent computing, secure connectivity, and remote management for mission-critical applications across various high-growth markets.

Lantronix Reports Fiscal Q1 2026 Results and Innovations

Lantronix reported its fiscal first-quarter 2026 results, showing net revenue of $29.8 million and a non-GAAP EPS of $0.04. The company expanded its drone OEM engagements to 17, highlighting demand in the UAS market. Lantronix also launched new platforms like Kompress.ai and EdgeFabric.ai, enhancing its asset monitoring strategy and edge AI deployment. The company integrated technologies from Gremsy and Teledyne FLIR into its Edge AI drone solutions, improving operational efficiency. Lantronix’s diversified model and strategic initiatives underscore its progress in delivering profitable growth and shareholder value.

The most recent analyst rating on (LTRX) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Lantronix stock, see the LTRX Stock Forecast page.

Lantronix’s Earnings Call: Growth Amid Challenges

Lantronix’s Recent Earnings Call: A Balanced Outlook

Lantronix Reports Strategic Growth and Financial Results for Fiscal 2025

Lantronix reported its fiscal fourth quarter and full year 2025 financial results, highlighting a strategic transformation with a focus on high-value markets and operational streamlining. The company secured significant contracts, such as a multi-year deal with a Tier-1 U.S. wireless operator and partnerships in the defense and autonomous navigation sectors, positioning itself for high-margin growth. The launch of new products and strategic hires further strengthen its position in the Edge IoT and Network Infrastructure markets, setting a strong foundation for fiscal 2026.

The most recent analyst rating on (LTRX) stock is a Buy with a $4.50 price target. To see the full list of analyst forecasts on Lantronix stock, see the LTRX Stock Forecast page.

Lantronix Reports 2025 Financial Results and Strategic Growth

Lantronix Inc. is a global leader in Edge AI and Industrial IoT solutions, providing intelligent computing, secure connectivity, and remote management for mission-critical applications across various high-growth markets.

Lantronix Reports Strong Q4 and Annual Results

Lantronix reported its fiscal fourth quarter and full year 2025 financial results, highlighting a net revenue of $28.8 million for the fourth quarter and $122.9 million for the year. The company experienced a strategic transformation in fiscal 2025, focusing on high-value markets and enhancing supply chain resilience. Lantronix secured significant contracts, including a multi-year deal with a Tier-1 U.S. wireless operator and a partnership with Red Cat’s Teal Drones, positioning itself for growth in the secure defense drone market. The company also launched new products and expanded its leadership team to drive growth in Edge IoT and Network Infrastructure.

The most recent analyst rating on (LTRX) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Lantronix stock, see the LTRX Stock Forecast page.

Lantronix Secures $15 Million Credit Facility

On August 15, 2025, Lantronix, Inc. and its subsidiaries entered into a Fourth Amended and Restated Loan and Security Agreement with Silicon Valley Bank, offering a revolving credit facility of up to $15 million. This facility will refinance existing obligations, cover related fees, and support working capital and general corporate purposes, with a maturity date set for August 1, 2028. The agreement includes customary covenants and events of default, ensuring compliance with minimum liquidity tests and other financial restrictions.

The most recent analyst rating on (LTRX) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Lantronix stock, see the LTRX Stock Forecast page.