Lantronix, Inc. (LTRX)
NASDAQ: LTRX · IEX Real-Time Price · USD
3.600
-0.010 (-0.28%)
At close: Jul 2, 2024, 4:00 PM
3.530
-0.070 (-1.94%)
After-hours: Jul 2, 2024, 7:51 PM EDT
Lantronix Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Lantronix stock have an average target of 7.80, with a low estimate of 6.00 and a high estimate of 10. The average target predicts an increase of 116.67% from the current stock price of 3.60.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Lantronix stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 6 | 6 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $9 | Strong Buy | Maintains | $9 | +150.00% | Jun 17, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $7 → $6 | Strong Buy | Maintains | $7 → $6 | +66.67% | Apr 30, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +94.44% | Apr 30, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $9 | Strong Buy | Maintains | $9 | +150.00% | Apr 30, 2024 |
| Needham | Needham | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +94.44% | Apr 30, 2024 |
Financial Forecast
Revenue This Year
163.70M
from 131.19M
Increased by 24.78%
Revenue Next Year
173.51M
from 163.70M
Increased by 5.99%
EPS This Year
0.42
from -0.25
EPS Next Year
0.47
from 0.42
Increased by 12.39%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 169.4M | 183.9M |
| Avg | 163.7M | 173.5M |
| Low | 156.2M | 157.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 29.1% | 12.3% |
| Avg | 24.8% | 6.0% |
| Low | 19.1% | -4.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.43 | 0.55 |
| Avg | 0.42 | 0.47 |
| Low | 0.39 | 0.40 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 31.4% |
| Avg | - | 12.4% |
| Low | - | -3.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.