Lantronix, Inc. (LTRX)
NASDAQ: LTRX · Real-Time Price · USD
2.900
+0.160 (5.84%)
Nov 20, 2024, 4:00 PM EST - Market closed

Lantronix Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Lantronix stock have an average target of 6.50, with a low estimate of 5.00 and a high estimate of 9.00. The average target predicts an increase of 124.14% from the current stock price of 2.90.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $5.00 $6.50 $6.00 $9.00
Change +72.41% +124.14% +106.90% +210.34%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 555555
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 555555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$7.5$5
Strong Buy Maintains $7.5$5 +72.41% Nov 12, 2024
Needham
Needham
Strong Buy
Maintains
$7$5.5
Strong Buy Maintains $7$5.5 +89.66% Nov 11, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Initiates
$7.5
Strong Buy Initiates $7.5 +158.62% Sep 11, 2024
Needham
Needham
Strong Buy
Reiterates
$7
Strong Buy Reiterates $7 +141.38% Sep 6, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$9
Strong Buy Maintains $9 +210.34% Jun 17, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
161.66M
from 160.33M
Increased by 0.83%
Revenue Next Year
179.72M
from 161.66M
Increased by 11.17%
EPS This Year
0.48
from -0.12
EPS Next Year
0.59
from 0.48
Increased by 23.93%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2020 Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
59.88M71.48M129.66M131.19M160.33M161.66M179.72M194.94M
Revenue Growth
27.70%19.37%81.39%1.18%22.21%0.83%11.17%8.47%
EPS
-0.42-0.14-0.16-0.25-0.120.480.590.62
EPS Growth
------23.93%5.17%
Forward PE
-----6.084.904.66
No. Analysts -----753
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 169.6M 191.2M 200.7M
Avg 161.7M 179.7M 194.9M
Low 150.0M 167.6M 187.3M

Revenue Growth

Revenue Growth 202520262027
High
5.8%
18.3%
11.7%
Avg
0.8%
11.2%
8.5%
Low
-6.4%
3.7%
4.2%

EPS Forecast

EPS 202520262027
High 0.62 0.72 0.64
Avg 0.48 0.59 0.62
Low 0.38 0.48 0.60

EPS Growth

EPS Growth 202520262027
High -
51.8%
8.3%
Avg -
23.9%
5.2%
Low -
0.6%
1.0%
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.