Lantronix, Inc. (LTRX)
NASDAQ: LTRX · IEX Real-Time Price · USD
3.245
+0.045 (1.41%)
Apr 26, 2024, 11:57 AM EDT - Market open
Lantronix Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Lantronix stock have an average target of 8.50, with a low estimate of 7.00 and a high estimate of 10. The average target predicts an increase of 161.94% from the current stock price of 3.25.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 12, 2024.
Analyst Ratings
The average analyst rating for Lantronix stock from 4 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| 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 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $8.5 → $7 | Strong Buy | Maintains | $8.5 → $7 | +115.72% | Mar 12, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $12 → $9 | Strong Buy | Maintains | $12 → $9 | +177.35% | Feb 9, 2024 |
| Needham | Needham | Strong Buy Maintains $8.5 → $7 | Strong Buy | Maintains | $8.5 → $7 | +115.72% | Feb 9, 2024 |
| Needham | Needham | Strong Buy Reiterates $8.5 | Strong Buy | Reiterates | $8.5 | +161.94% | Jan 19, 2024 |
| Roth Capital | Roth Capital | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +269.80% | Sep 8, 2023 |
Financial Forecast
Revenue This Year
163.50M
from 131.19M
Increased by 24.63%
Revenue Next Year
177.84M
from 163.50M
Increased by 8.77%
EPS This Year
0.41
from -0.25
EPS Next Year
0.49
from 0.41
Increased by 18.52%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 169.0M | 184.9M |
| Avg | 163.5M | 177.8M |
| Low | 156.8M | 168.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 28.8% | 13.1% |
| Avg | 24.6% | 8.8% |
| Low | 19.5% | 3.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.45 | 0.53 |
| Avg | 0.41 | 0.49 |
| Low | 0.38 | 0.44 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 27.1% |
| Avg | - | 18.5% |
| Low | - | 6.8% |
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.