Lantronix, Inc. (LTRX)

NASDAQ: LTRX · IEX Real-Time Price · USD
3.560
-0.010 (-0.28%)
Mar 28, 2024, 3:09 PM EDT - Market open
-0.28%
Market Cap 133.79M
Revenue (ttm) 137.96M
Net Income (ttm) -9.20M
Shares Out 37.48M
EPS (ttm) -0.25
PE Ratio n/a
Forward PE 7.42
Dividend n/a
Ex-Dividend Date n/a
Volume 149,829
Open 3.590
Previous Close 3.570
Day's Range 3.560 - 3.670
52-Week Range 3.340 - 6.950
Beta 2.15
Analysts Strong Buy
Price Target 8.50 (+138.76%)
Earnings Date May 8, 2024

About LTRX

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 fo... [Read more]

Sector Technology
IPO Date Aug 4, 2000
Employees 357
Stock Exchange NASDAQ
Ticker Symbol LTRX
Full Company Profile

Financial Performance

In 2023, Lantronix's revenue was $131.19 million, an increase of 1.18% compared to the previous year's $129.66 million. Losses were -$8.98 million, 67.5% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for LTRX stock is "Strong Buy." The 12-month stock price forecast is $8.5, which is an increase of 138.76% from the latest price.

Price Target
$8.5
(138.76% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Levi & Korsinsky Reminds Lantronix, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 23, 2024 - LTRX

NEW YORK, NY / ACCESSWIRE / March 28, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

1 hour ago - Accesswire

LTRX Investors Have Opportunity to Lead Lantronix, Inc. Securities Fraud Lawsuit

LOS ANGELES, March 28, 2024 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit agai...

2 hours ago - PRNewsWire

April 23, 2024 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against - LTRX

NEW YORK, NY / ACCESSWIRE / March 28, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

4 hours ago - Accesswire

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 23, 2024 in Lantronix, Inc. Lawsuit - LTRX

NEW YORK, NY / ACCESSWIRE / March 28, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

7 hours ago - Accesswire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 28, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lantronix, Inc. ("Lantronix" or ...

8 hours ago - Accesswire

Lost Money on Lantronix, Inc. (LTRX)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / March 28, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

10 hours ago - Accesswire

Lantronix, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights - LTRX

NEW YORK, NY / ACCESSWIRE / March 28, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

10 hours ago - Accesswire

Levi & Korsinsky Reminds Lantronix, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 23, 2024 – LTRX

NEW YORK, NY / ACCESSWIRE / March 27, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

23 hours ago - Accesswire

Levi & Korsinsky Reminds Lantronix, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 23, 2024 - LTRX

NEW YORK, NY / ACCESSWIRE / March 27, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

1 day ago - Accesswire

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Lantronix, Inc. of Class Action Lawsuit and Upcoming Deadlines - LTRX

NEW YORK , March 27, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Lantronix, Inc. ("Lantronix" or the "Company") (NASDAQ: LTRX) and certain officers....

1 day ago - PRNewsWire

LTRX LAWSUIT ALERT: Levi & Korsinsky Notifies Lantronix, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / March 27, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

1 day ago - Accesswire

Levi & Korsinsky Notifies Lantronix, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - LTRX

NEW YORK, NY / ACCESSWIRE / March 27, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

1 day ago - Accesswire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 27, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lantronix, Inc. ("Lantronix" or ...

1 day ago - Accesswire

Lantronix, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights - LTRX

NEW YORK , March 27, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Lantronix, Inc. ("Lantronix, Inc." or the "Company") (NASDAQ: LTRX) of a class action securities lawsuit. CLASS DE...

1 day ago - PRNewsWire

Lantronix, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights - LTRX

NEW YORK, NY / ACCESSWIRE / March 27, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

1 day ago - Accesswire

Class Action Filed Against Lantronix, Inc. (LTRX) - April 23, 2024 Deadline to Join - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / March 27, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

1 day ago - Accesswire

April 23, 2024 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against - LTRX

NEW YORK, NY / ACCESSWIRE / March 26, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

2 days ago - Accesswire

DEADLINE ACTION REMIDNER: The Schall Law Firm Encourages Investors in Lantronix, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lantronix, Inc. ("Lantronix" or ...

2 days ago - Accesswire

April 23, 2024 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against LTRX

NEW YORK, March 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Lantronix, Inc. (NASDAQ: LTRX). Shareholders who purchased shares of LTRX during the class pe...

2 days ago - PRNewsWire

Lantronix, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before April 23, 2024 to Discuss Your Rights – LTRX

NEW YORK, NY / ACCESSWIRE / March 25, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

2 days ago - Accesswire

April 23, 2024 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against LTRX

NEW YORK, NY / ACCESSWIRE / March 25, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

3 days ago - Accesswire

Class Action Filed Against Lantronix, Inc. (LTRX) Seeking Recovery for Investors - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / March 25, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

3 days ago - Accesswire

Lost Money on Lantronix, Inc. (LTRX)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / March 25, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

3 days ago - Accesswire

Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Lantronix, Inc.(LTRX) Shareholders

NEW YORK, NY / ACCESSWIRE / March 24, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

4 days ago - Accesswire

Lost Money on Lantronix, Inc.(LTRX)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / March 24, 2024 / If you suffered a loss on your Lantronix, Inc. (NASDAQ:LTRX) investment and want to learn about a potential recovery under the federal securities laws, fol...

4 days ago - Accesswire