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Lantronix Inc(LTRX)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for LTRX
09/15/2026: LTRX (1-star) is currently NOT-A-BUY. Pass it for now.
Lantronix Inc is an industrial Internet of Things (IoT) solutions company that designs and sells hardware, software, and cloud-based services for secure device connectivity. The company is currently working to pivot its business toward recurring software revenue through its Percepxion platform and strategic acquisitions like NetAlly. While its growth story is supported by secular trends in industrial automation and edge computing, it faces significant competitive risks from much larger technology firms. Investors should monitor the company's ability to successfully integrate its acquisitions and achieve sustainable margin expansion. It best suits growth-oriented investors who can tolerate the volatility associated with a small-cap tech company.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | Lantronix serves the expanding IoT and edge computing markets which are seeing secular growth tailwinds. |
| Momentum investor | Mixed fit | Momentum depends on the positive uptake of its software-as-a-service (SaaS) revenue growth. |
| Value investor | Mixed fit | The valuation reflects growth expectations, which may be volatile for deep-value investors. |
| Dividend investor | Weak fit | The company does not pay a dividend, focusing all capital on growth. |
| Low-risk investor | Weak fit | As a small-cap tech stock, it experiences higher volatility than established blue-chip companies. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Small-cap tech stocks are prone to significant price swings based on earnings reports and market sentiment. |
| Valuation risk | Medium / high | Future growth expectations are baked into the price, leaving little room for earnings misses. |
| Competition risk (IoT Hardware/Software) | High | Large incumbents can leverage scale to undercut pricing or offer integrated suites that threaten Lantronix's niches. |
| Business quality | Medium | The company is transitioning to a more robust software-driven model but remains in the early stages of this transformation. |
| Dividend income | Low / none | This is a non-dividend paying stock and not suitable for income-focused portfolios. |
| Execution risk | Medium / high | The company must successfully integrate recent acquisitions while scaling its Percepxion platform to drive consistent margin expansion. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit -24.95% | Avg. Invested days 27 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/15/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 235.86M USD | Price to earnings Ratio - | 1Y Target Price 10.25 |
Price to earnings Ratio - | 1Y Target Price 10.25 | ||
Volume (30-day avg) 1.0M shares | Beta 1.67 | 52 Weeks Range 4.37 - 8.75 | Updated Date 09/15/2026 |
52 Weeks Range 4.37 - 8.75 | Updated Date 09/15/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.1 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| IoT Hardware | Embedded modules, gateways, and switches. | The foundational product line that gets equipment connected to the internet. |
| Software & Services | Percepxion management platform and engineering services. | The higher-margin recurring revenue stream that provides growth and customer stickiness. |
| Geography | North America, EMEA, and Asia-Pacific sales. | Global reach allows the company to tap into manufacturing hubs worldwide. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 21.83 | Enterprise Value 192.33M | Price to Sales(TTM) 1.95 |
Enterprise Value 192.33M | Price to Sales(TTM) 1.95 | ||
Enterprise Value to Revenue 1.59 | Enterprise Value to EBITDA 32.46 | Shares Outstanding 46.71M | Shares Floating 41.53M |
Shares Outstanding 46.71M | Shares Floating 41.53M | ||
Percent Insiders 11.24 | Percent Institutions 59.87 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Lantronix Inc
Exchange NASDAQ | Headquarters Irvine, CA, United States | ||
IPO Launch date 2000-08-04 | President, CEO & Director Mr. Saleel Awsare | ||
Sector Technology | Industry Communication Equipment | Full time employees 327 | Website https://www.lantronix.com |
Full time employees 327 | Website https://www.lantronix.com | ||
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. The company's embedded IoT solutions provides embedded products, including compute system-on-module and system-in-package solutions; and application processing solutions for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications. It also provides IoT systems solutions, which includes routing, switching or gateway functionalities, telematics, and media conversion; wired and wireless connections which enhances modern electronic systems and equipment by providing secure network connectivity, power for IoT end devices through power over ethernet, application hosting, protocol conversion, media conversion, secure access for distributed IoT deployments, and other functions; and pre-certified products. In addition, the company offers single-pane-of-glass management for out-of-band (OOB) and industrial IoT deployments that enables customers to deploy, monitor, manage, and automate deployments; GPS-based vehicle and asset tracking capabilities for fleet, municipal, and industrial asset tracking customers; engineering services comprising turnkey product development or team augmentation; extended warranty, support, and maintenance services related to OOB and certain other product families. Further, it provides intelligent computing, secure connectivity, and remote management for mission-critical applications, enabling customers to optimize operations, enhance security and accelerate digital transformation; and hardware, software, services, and powers applications from mission-critical autonomous platforms and edge analytics for critical infrastructure to intelligent surveillance and secure network management. Lantronix, Inc. was incorporated in 1989 and is headquartered in Irvine, California.
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