Lantronix (NASDAQ:LTRX) Releases Q3 2026 Earnings Guidance

Lantronix (NASDAQ:LTRX) updated its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.030-0.060 for the period, compared to the consensus EPS estimate of 0.020. The company issued revenue guidance of $28.5 million-$32.5 million, compared to the consensus revenue estimate of $31.2 million.

Lantronix Stock Performance

NASDAQ LTRX opened at $5.82 on Friday. Lantronix has a fifty-two week low of $1.91 and a fifty-two week high of $8.24. The firm has a market capitalization of $229.08 million, a P/E ratio of -24.25 and a beta of 1.51. The stock’s fifty day moving average is $6.11 and its two-hundred day moving average is $4.96. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.93 and a current ratio of 3.01.

Lantronix (NASDAQ:LTRX) last announced its earnings results on Wednesday, February 4th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The company had revenue of $29.77 million for the quarter, compared to analyst estimates of $29.94 million. Lantronix had a negative return on equity of 10.35% and a negative net margin of 7.90%.Lantronix has set its Q3 2026 guidance at 0.030-0.060 EPS. On average, research analysts anticipate that Lantronix will post -0.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Wall Street Zen downgraded shares of Lantronix from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 19th. Lake Street Capital raised their target price on shares of Lantronix from $6.00 to $8.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Needham & Company LLC reiterated a “buy” rating and set a $8.50 price target on shares of Lantronix in a report on Thursday. Weiss Ratings restated a “sell (d-)” rating on shares of Lantronix in a report on Thursday, January 22nd. Finally, Craig Hallum reaffirmed a “buy” rating and set a $10.00 price objective on shares of Lantronix in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $7.38.

Lantronix News Summary

Here are the key news stories impacting Lantronix this week:

• Positive Sentiment: Q2 2026 EPS beat street estimates (reported $0.04 vs. $0.03 consensus), showing underlying earnings strength that exceeded expectations. Lantronix, Inc. (NASDAQ:LTRX) Q2 2026 Earnings Call Transcript
• Positive Sentiment: Management raised Q3 2026 EPS guidance to $0.030–$0.060 (above consensus ~$0.020) and issued revenue guidance that brackets consensus, signaling confidence in near-term profitability. View Press Release
• Positive Sentiment: Lantronix raised its drone revenue outlook to $8M–$12M for 2026 as its platform strategy gains traction, indicating a potential growth driver beyond core connectivity products. Lantronix raises drone revenue outlook to $8M–$12M for 2026 as platform strategy gains traction
• Neutral Sentiment: Revenue for the quarter was $29.77M, slightly below consensus (~$29.94M), so upside EPS came with a modest top-line miss that may temper enthusiasm. Lantronix Reports Fiscal Second Quarter 2026 Financial Results
• Negative Sentiment: Company still shows negative net margin (~-8.7%) and negative return on equity (~-11.6%), highlighting profitability and efficiency challenges that can limit multiple expansion. Lantronix Q2 earnings and financial details

Institutional Trading of Lantronix

A number of institutional investors have recently modified their holdings of LTRX. Jane Street Group LLC lifted its holdings in shares of Lantronix by 19.7% in the first quarter. Jane Street Group LLC now owns 71,293 shares of the technology company’s stock valued at $178,000 after purchasing an additional 11,728 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Lantronix during the 2nd quarter worth approximately $86,000. Marshall Wace LLP lifted its stake in Lantronix by 10.6% in the 2nd quarter. Marshall Wace LLP now owns 446,164 shares of the technology company’s stock valued at $1,280,000 after buying an additional 42,838 shares in the last quarter. Manatuck Hill Partners LLC acquired a new stake in Lantronix during the 2nd quarter valued at $302,000. Finally, Vanguard Group Inc. increased its position in Lantronix by 2.8% during the third quarter. Vanguard Group Inc. now owns 1,486,791 shares of the technology company’s stock worth $6,795,000 after buying an additional 40,890 shares in the last quarter. 39.38% of the stock is currently owned by hedge funds and other institutional investors.

About Lantronix

Lantronix, Inc is a provider of secure data access and management solutions designed to simplify the deployment, monitoring and control of devices and equipment across a wide range of industries. Headquartered in Irvine, California, the company develops hardware and software products that enable connectivity for smart devices, industrial machinery, IT infrastructure and other systems in the Internet of Things (IoT) ecosystem.

Founded in 1989, Lantronix was among the early innovators in serial-to-Ethernet device networking and has since expanded its portfolio to include secure console servers, device servers, gateways and embedded modules.