Added to YB: 2026-07-14
Pitch date: 2026-07-10
LTRX [neutral]
Lantronix, Inc.
-4.32%
current return
Author Info
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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
$223.0M
Pitch Price
$5.55
Price Target
13.00 (+132%)
Dividend
N/A
EV/EBITDA
70.35
P/E
-33.68
EV/Sales
1.82
Sector
Communications Equipment
Category
N/A
Lantronix (NASDAQ: LTRX) — A Value Investor’s Memo
LTRX (pass): Fabless IoT/Edge AI hardware roll-up, never GAAP profitable (~$34M cumulative losses on $615M rev). 'FCF' mirage from SBC—~120x owner earnings at $6. Drone thesis (NDAA Qualcomm module in Red Cat, $12M rev, FCC bans DJI) real but priced in. Insiders own <1%. Pass; buy at $3.
Read full article (9 min)