Lantronix Expands Board with New Director Appointment

The latest update is out from Lantronix ( (LTRX) ).

On May 6, 2025, Lantronix Inc. expanded its board of directors from four to five members, appointing Dr. Sailesh Chittipeddi as a non-employee director and member of the Audit Committee. Dr. Chittipeddi, with his extensive experience in Industrial, IoT, and Infrastructure businesses, is expected to enhance Lantronix’s strategic positioning amid global supply chain challenges. His appointment is anticipated to bring valuable insights into manufacturing, procurement, and logistics, benefiting the company’s operations and stakeholders.

The most recent analyst rating on (LTRX) stock is a Buy with a $7.00 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 displays solid revenue growth and strategic initiatives like the NetComm acquisition. However, profitability challenges, negative technical indicators, and valuation concerns weigh on the stock. The company’s strategic positioning in the edge AI market is promising but requires successful execution to overcome current financial and operational weaknesses.

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

More about Lantronix

Lantronix Inc. is a global leader in compute and connectivity solutions for the Internet of Things (IoT), focusing on high-growth markets such as Smart Cities, Enterprise, and Transportation. The company’s offerings include customizable solutions that enable AI Edge Intelligence, with advanced products like Intelligent Substations infrastructure, Infotainment systems, and Video Surveillance, supplemented by Out-of-Band Management for Cloud and Edge Computing.

Average Trading Volume: 279,255

Technical Sentiment Signal: Sell

Current Market Cap: $81.46M

For detailed information about LTRX stock, go to TipRanks’ Stock Analysis page.