Added to YB: 2026-06-03
Pitch date: 2026-06-01
LTRX [neutral]
Lantronix, Inc.
+3.79%
current return
Author Info
No bio for this author
Company Info
Lantronix, Inc. develops, markets, and sells industrial and enterprise internet of things (IoT) products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan.
Market Cap
$301.8M
Pitch Price
$7.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
95.99
P/E
-45.58
EV/Sales
2.49
Sector
Communications Equipment
Category
turnaround
Lantronix, Inc. $LTRX Research Report
LTRX (overview): Micro-cap ($280-340M) edge AI/IoT play pivoting from lost customer Gridspertise (~25% FY24 rev) to drones/defense. Q3 FY26 rev $30.2M (+5.9%), non-GAAP EPS $0.04, GAAP loss. Embedded IoT +22%. Drone guide $10-14M, 15-20% FY27 rev. Russell 3000 add; PTs $8-10.50. Risks: GAAP losses, ATM dilution (NTV ~$1/sh vs ~$8), gov/distributor concentration. Stock ~4x off lows, much priced in.
Read full article (8 min)