tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lantronix Announces Strong Q1 2026 Results and Strategic Advancements

Story Highlights
Lantronix Announces Strong Q1 2026 Results and Strategic Advancements

Meet Your ETF AI Analyst

Lantronix ( (LTRX) ) has provided an update.

Lantronix reported strong financial results for the first quarter of fiscal year 2026, with net revenue of $29.8 million and a non-GAAP EPS of $0.04. The company expanded its drone OEM engagements, reflecting growing demand in the Unmanned Aircraft Systems market. Lantronix also launched new platforms like Kompress.ai and EdgeFabric.ai, enhancing its asset monitoring strategy and supporting its diversified business model. These initiatives, along with partnerships and technology integrations, position Lantronix for long-term growth and value creation for shareholders.

The most recent analyst rating on (LTRX) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on Lantronix stock, see the LTRX Stock Forecast page.

Spark’s Take on LTRX Stock

According to Spark, TipRanks’ AI Analyst, LTRX is a Neutral.

Lantronix’s overall stock score reflects a mix of challenges and opportunities. The most significant factor is the company’s financial performance, which is hindered by declining revenues and profitability issues. However, the earnings call provided a positive outlook with improvements in gross margins and growth potential in new business areas. Technical analysis indicates moderate strength, while valuation remains a concern due to negative earnings. The absence of corporate events does not impact the score.

To see Spark’s full report on LTRX stock, click here.

More about Lantronix

Lantronix Inc. (Nasdaq: LTRX) is a global leader in Edge AI and Industrial IoT solutions, providing intelligent computing, secure connectivity, and remote management for mission-critical applications. The company serves high-growth markets such as smart cities, enterprise IT, and commercial and defense unmanned systems, helping customers optimize operations and accelerate digital transformation.

Average Trading Volume: 486,318

Technical Sentiment Signal: Buy

Current Market Cap: $198M

For an in-depth examination of LTRX stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1