These Analysts Cut Their Forecasts On Lantronix Following Q3 Results

Benzinga

12 May

Lantronix, Inc. (NASDAQ:LTRX) reported in-line earnings for the third quarter, after the closing bell on Thursday.

The company posted quarterly earnings of 3 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $28.50 million which missed the analyst consensus estimate of $29.12 million.

“We’re positioning Lantronix to lead the next wave of industrial and enterprise transformation at the edge,” said Saleel Awsare, president and CEO of Lantronix. “This quarter reflects continued investment in high-growth areas — from AI-enabled gateways to 5G connectivity — while advancing our innovation roadmap, global partnerships and talent base.”

Lantronix said it sees fourth-quarter adjusted EPS of $0.00-$0.02, versus market estimates of $0.05 Est, and expects sales of $26.50 million-$30.580 million versus expectations of $30.13 million.

Lantronix shares fell 1.4% to trade at $2.07 on Monday.

These analysts made changes to their price targets on Lantronix following earnings announcement.

Needham analyst Ryan Koontz maintained Lantronix with a Buy and lowered the price target from $5.5 to $4.5.
Canaccord Genuity analyst George Gianarikas maintained the stock with a Buy and lowered the price target from $4.5 to $3.

Considering buying LTRX stock? Here’s what analysts think:

Read This Next:

Marriott International To Rally More Than 17%? Here Are 10 Top Analyst Forecasts For Monday

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2534206706"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2534206706\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2534206706?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-12 23:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2534206706","market":"hk","top_or_hot":-1,"title":"These Analysts Cut Their Forecasts On Lantronix Following Q3 Results","media":"Benzinga","content":"<html><body><p><strong>Lantronix, Inc.</strong> (NASDAQ:LTRX) reported in-line earnings for the third quarter, after the closing bell on Thursday.</p>\n<p>The company posted quarterly earnings of 3 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $28.50 million which missed the analyst consensus estimate of $29.12 million.</p>\n<p>“We’re positioning Lantronix to lead the next wave of industrial and enterprise transformation at the edge,” said Saleel Awsare, president and CEO of Lantronix. “This quarter reflects continued investment in high-growth areas — from AI-enabled gateways to 5G connectivity — while advancing our innovation roadmap, global partnerships and talent base.”</p>\n<p>Lantronix said it sees fourth-quarter adjusted EPS of $0.00-$0.02, versus market estimates of $0.05 Est, and expects sales of $26.50 million-$30.580 million versus expectations of $30.13 million.</p>\n<p>Lantronix shares fell 1.4% to trade at $2.07 on Monday.</p>\n<p>These analysts made changes to their price targets on Lantronix following earnings announcement.</p>\n<ul>\n<li>Needham analyst Ryan Koontz maintained Lantronix with a Buy and lowered the price target from $5.5 to $4.5.</li>\n<li>Canaccord Genuity analyst George Gianarikas maintained the stock with a Buy and lowered the price target from $4.5 to $3.</li>\n</ul>\n<p><strong>Considering buying LTRX stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"593\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12113659/image-129-1024x593.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12113659/image-129-1024x593.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12113659/image-129-300x174.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12113659/image-129-768x445.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12113659/image-129.png 1097w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Marriott International To Rally More Than 17%? Here Are 10 Top Analyst Forecasts For Monday</strong> </li>\n</ul>\n<p>Photo via Shutterstock</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These Analysts Cut Their Forecasts On Lantronix Following Q3 Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese Analysts Cut Their Forecasts On Lantronix Following Q3 Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-05-12 23:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>Lantronix, Inc.</strong> (NASDAQ:LTRX) reported in-line earnings for the third quarter, after the closing bell on Thursday.</p>\n<p>The company posted quarterly earnings of 3 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $28.50 million which missed the analyst consensus estimate of $29.12 million.</p>\n<p>“We’re positioning Lantronix to lead the next wave of industrial and enterprise transformation at the edge,” said Saleel Awsare, president and CEO of Lantronix. “This quarter reflects continued investment in high-growth areas — from AI-enabled gateways to 5G connectivity — while advancing our innovation roadmap, global partnerships and talent base.”</p>\n<p>Lantronix said it sees fourth-quarter adjusted EPS of $0.00-$0.02, versus market estimates of $0.05 Est, and expects sales of $26.50 million-$30.580 million versus expectations of $30.13 million.</p>\n<p>Lantronix shares fell 1.4% to trade at $2.07 on Monday.</p>\n<p>These analysts made changes to their price targets on Lantronix following earnings announcement.</p>\n<ul>\n<li>Needham analyst Ryan Koontz maintained Lantronix with a Buy and lowered the price target from $5.5 to $4.5.</li>\n<li>Canaccord Genuity analyst George Gianarikas maintained the stock with a Buy and lowered the price target from $4.5 to $3.</li>\n</ul>\n<p><strong>Considering buying LTRX stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"593\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12113659/image-129-1024x593.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12113659/image-129-1024x593.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12113659/image-129-300x174.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12113659/image-129-768x445.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12113659/image-129.png 1097w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Marriott International To Rally More Than 17%? Here Are 10 Top Analyst Forecasts For Monday</strong> </li>\n</ul>\n<p>Photo via Shutterstock</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4020","symbol_name":"通信设备","start_time":0,"source_url":"https://www.benzinga.com/analyst-ratings/price-target/25/05/45353541/these-analysts-cut-their-forecasts-on-lantronix-following-q3-results","article_id":"2534206706","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2534206706","pubTimestamp":1747065112,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4020":"通信设备","LTRX":"创力"},"translate_title":"这些分析师在第三季度业绩公布后下调了对Lantronix的预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LTRX":1},"content_text":"Lantronix, Inc. (NASDAQ:LTRX) reported in-line earnings for the third quarter, after the closing bell on Thursday.\nThe company posted quarterly earnings of 3 cents per share which met the analyst consensus estimate. The company reported quarterly sales of $28.50 million which missed the analyst consensus estimate of $29.12 million.\n“We’re positioning Lantronix to lead the next wave of industrial and enterprise transformation at the edge,” said Saleel Awsare, president and CEO of Lantronix. “This quarter reflects continued investment in high-growth areas — from AI-enabled gateways to 5G connectivity — while advancing our innovation roadmap, global partnerships and talent base.”\nLantronix said it sees fourth-quarter adjusted EPS of $0.00-$0.02, versus market estimates of $0.05 Est, and expects sales of $26.50 million-$30.580 million versus expectations of $30.13 million.\nLantronix shares fell 1.4% to trade at $2.07 on Monday.\nThese analysts made changes to their price targets on Lantronix following earnings announcement.\n\nNeedham analyst Ryan Koontz maintained Lantronix with a Buy and lowered the price target from $5.5 to $4.5.\nCanaccord Genuity analyst George Gianarikas maintained the stock with a Buy and lowered the price target from $4.5 to $3.\n\nConsidering buying LTRX stock? Here’s what analysts think: \n\nRead This Next: \n\nMarriott International To Rally More Than 17%? Here Are 10 Top Analyst Forecasts For Monday \n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}