Needham resumed coverage on Lantronix with a new price target
$LTRX
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Telecommunications
Needham resumed coverage of Lantronix with a rating of Buy and set a new price target of $11.00 from $8.50 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/12/2026 | $8.50 → $11.00 | Buy | Needham |
| 6/8/2026 | $10.50 | Buy | Canaccord Genuity |
| 9/11/2024 | $7.50 | Buy | Canaccord Genuity |
| 3/12/2024 | $8.50 → $7.00 | Buy | Needham |
| 2/9/2024 | $8.50 → $7.00 | Buy | Needham |
| 2/14/2022 | $13.00 | Buy | Canaccord Genuity |
| 10/28/2021 | $7.00 → $13.00 | Buy | Needham |
| 10/12/2021 | $11.00 | Buy | Craig Hallum |
Needham resumed coverage of Lantronix with a rating of Buy and set a new price target of $11.00 from $8.50 previously
Canaccord Genuity initiated coverage of Lantronix with a rating of Buy and set a new price target of $10.50
Canaccord Genuity resumed coverage of Lantronix with a rating of Buy and set a new price target of $7.50
IRVINE, Calif., June 18, 2026 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX), a global provider of Edge AI and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks, today announced the 10-year anniversary of Lantronix India Pvt. Ltd., which was incorporated in May 2016. Over the past decade, Lantronix India has evolved into a strategic engineering and innovation hub that supports the company's global product development initiatives and long-term growth strategy. Lantronix India's contributions have accelerated next-generation Edge AI, industrial connectivity and smart infrastructure solutions that address expandin
IRVINE, Calif., June 10, 2026 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX), a global provider of Edge AI and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks, today announced a collaboration with Cherry & White, a UK-based provider of high-speed, secure Wi-Fi® solutions for businesses, utilities and mission-critical infrastructure. Key for Critical Infrastructure Operators For utilities, industrial facilities, defense installations and emergency services, connectivity gaps are more than an IT inconvenience; they are an operational liability with direct consequences for safety, uptime and cost. Existing appr
IRVINE, Calif., June 09, 2026 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX), a global provider of Edge AI and Industrial IoT solutions powering NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks, today announced its participation in Rosenblatt's 6th Annual Technology Summit – The Age of AI, a virtual event taking place June 9-10, 2026. Panel Discussion – The Age of AI: Physical AI Date: Tuesday, June 9, 2026, 4:00 p.m. – 4:45 p.m. ETPanelists: Mathi Gurusamy, Chief Product and Strategy Officer, Lantronix; Angus Pacala, CEO, Ouster; Iri Trashanski, Chief Strategy Officer, Ceva Fireside Chat & One-on-One Meetings Date: Wednesday, June 10, 2026,
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Net Revenue of $30.2 Million GAAP EPS of ($0.03) Non-GAAP EPS of $0.04 Increases FY26 Drone Revenue Expectation to a range of $10 Million–$14 Million, driven by strong momentum across UAS ecosystem IRVINE, Calif., May 06, 2026 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX), a global provider of Edge AI and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks, today reported results for the fiscal third quarter ended March 31, 2026. Management Commentary "Our third-quarter results reflect our disciplined execution and continued momentum across the business as we reported year-over-year revenue and earnings growth
IRVINE, Calif., April 22, 2026 (GLOBE NEWSWIRE) -- Lantronix Inc. (the "Company") (NASDAQ:LTRX), a global provider of Edge AI and Industrial IoT solutions that power NDAA-compliant unmanned systems, critical infrastructure and resilient enterprise networks, today announced it will release financial results from its fiscal 2026 third quarter, ended March 31, 2026, after the close of the market on Wednesday, May 6, 2026. Management will host an investor conference call and audio webcast at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) on May 6, 2026. To access the live conference call, investors should dial 1-844-802-2442 (U.S.) or 1-412-317-5135 (international) and indicate they are part
Net Revenue of $29.8 Million GAAP EPS of ($0.03) Non-GAAP EPS of $0.04 Increases FY26 Drone Revenue Expectation to a range of $8 Million-$12 Million, up from the prior range of $5 Million-$10 Million IRVINE, Calif., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX), a global leader in compute and connectivity IoT solutions powering Edge AI applications, today reported results for the fiscal second quarter ended Dec. 31, 2025. Management Commentary "We continued our momentum into the second quarter through disciplined execution, delivering financial results within our guidance range," said Saleel Awsare, president and CEO of Lantronix. "Execution across our Edge AI strategy
VANCOUVER, BC, Feb. 2, 2026 /PRNewswire/ - Corinex, a global leader in Broadband-over-Power-Line (BPL) technology, announced the appointment of George Reznik as Chief Operating Officer. Mr. Reznik is an entrepreneurial, operational, and strategic executive leader. He has a track record of growing top-line revenue, bottom-line performance, and market share while building, commercializing, and scaling global technology companies.Corinex is accelerating the transformation of electricity networks, turning existing power line infrastructure into high-capacity, secure communications networks. This helps utilities accelerate grid modernization, integrate low-carbon technologies at scale, and increa
Paris, France--(Newsfile Corp. - June 30, 2025) - Sequans Communications S.A. (NYSE:SQNS), a leading innovator in cellular IoT semiconductor solutions, today announced the appointment of Jason W. Cohenour to its Board of Directors.Mr. Cohenour brings more than 30 years of executive leadership experience across sales, operations, and international mergers and acquisitions. He served as President, CEO, and Director of Sierra Wireless, Inc. (TSX:SW) (NASDAQ:SWIR) from 2005 to 2018, where he led a strategic transformation that created a global leader in the Internet of Things and drove company revenues to nearly USD $800 million. Prior to his CEO role, he held several senior positions at Sierra
IRVINE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ:LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced that Sailesh Chittipeddi, Ph.D., has joined the Lantronix Board of Directors as an independent director, effective May 6, 2025. Following the appointment of Chittipeddi, the Lantronix Board of Directors will be comprised of five directors, four of whom are independent under applicable listing standards of the Nasdaq Stock Market. "We are very pleased to welcome Dr. Chittipeddi to the Lantronix Board of Directors," said Hoshi Printer, chairman of the Board at Lantronix. "Dr. Chittipeddi is a respected sub
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