Latest news with #Lantronix
Globe and Mail
26-05-2025
- Business
- Globe and Mail
2 Penny Stocks That Wall Street Thinks Can Gain 118% to 160% From Here
Penny stocks are shares of small companies that trade for less than $5 per share. The advantage of investing in penny stocks is that you can buy a large number of shares for a small sum of money, and if the underlying company succeeds, the return on investment can be significant. However, they can be very volatile and hence very risky. Investors who can stomach these risks may find these 'Strong Buy'-rated penny stocks appealing over the long run. Penny Stock #1: Lantronix With a market cap of $88.4 million, Lantronix (LTRX) is a technology company that makes devices that connect sensors, machines, and systems to the internet. These products are widely used in industrial automation, smart cities, healthcare, and transportation. It also offers software solutions that enable secure data access and management in the Internet of Things (IoT) and remote computing environments. While fiscal 2024 showed strong growth, recent quarters have been challenging. The stock is down 45.8% year to date, while the S&P 500 Index ($SPX) is up 0.5%. Nonetheless, Wall Street rates the stock as a 'Strong Buy' with upside potential of more than 115%. In fiscal 2024, Lantronix achieved significant milestones, with annual revenue rising 22% year-over-year to $160.3 million, with a 74% increase in adjusted earnings to $0.40 per share. However, the momentum from fiscal 2024 did not carry into fiscal 2025. In the most recent third quarter, total revenue fell 30.8% to $28.5 million, while adjusted earnings per share fell to $0.03 from $0.11 in the year-ago quarter. The company attributed the declines to macroeconomic challenges and restructuring efforts. Management stated that the company will continue to invest in high-growth areas like AI-enabled gateways and 5G connectivity. Lantronix is actively pursuing strategies to regain its growth trajectory. In the third quarter, it launched the Open-Q 8550CS System on Module (SoM), built on Qualcomm's (QCOM) QCS8550 processor, which targets next-generation industrial and robotics applications. The company has also hired new executives to spearhead strategic expansion. Furthermore, it has collaborated with Teledyne/FLIR to enable AI-driven drone thermal cameras, demonstrating the capabilities of its Open-Q platform in mission-critical edge vision systems. These initiatives are intended to position Lantronix favorably in the evolving IoT landscape. Analysts expect Lantronix revenue and earnings to fall for the full year fiscal 2025. However, revenue and earnings could increase by 3.2% and 38% in fiscal 2026. On Wall Street, of the five analysts that cover Lantronix stock, four rate it a 'Strong Buy,' while one recommends a 'Moderate Buy.' Needham analyst Ryan Koontz believes that while the recent quarter produced mixed results and a cautious outlook due to macroeconomic uncertainty, these challenges are temporary. He sees Lantronix's strategic shift to edge AI and compute applications as a key driver of future success. However, reflecting this balanced view, he reduced the price target to $4.50 while maintaining his 'Buy' rating. The mean target price for the stock is $4.90, which is 118% above current levels. The Street-high estimate of $8 implies upside of 257% over the next 12 months. Lantronix's fiscal 2024 performance demonstrated its potential in the IoT market. However, given the company's fiscal 2025 performance, investors should keep an eye on whether it can reestablish its growth trajectory in the highly competitive IoT market. Penny Stock #2: Ceragon Networks With a market cap of $206 million, Ceragon Networks (CRNT) is a global provider of wireless backhaul solutions. It specializes in high-capacity, cost-effective wireless transport for mobile operators and private networks. Ceragon stock is down 50% year-to-date, compared to the broader market index. In 2024, Ceragon reported revenues of $394.2 million, up 13.5% year on year. The company reported its highest revenue since 2012, thanks to strong demand in India and an increase in private network deployments. In the first quarter of 2025, Ceragon reported revenues of $88.7 million, a slight increase of 0.2% year-over-year. However, adjusted earnings per share fell to $0.03, compared to $0.05 in the year-ago quarter. Ceragon has introduced several innovative products to bolster its market position, including millimeter-wave solutions like the IP-50EX and IP-50CX. In February, Ceragon completed the acquisition of End 2 End (E2E) Technologies, a U.S.-based systems integration and software firm specializing in private networks for the energy and utilities sectors. The acquisition is expected to contribute $15 million to $19 million in revenues for 2025 and be accretive to non-GAAP earnings in the second half of the year. Ceragon has set a revenue guidance range of $390 million to $430 million for 2025, including contributions from the E2E acquisition. Analysts predict revenue growth to be roughly 7.9% in 2026, followed by earnings growth of 44.6%. On Wall Street, of the five analysts that cover Ceragon stock, four rate it a 'Strong Buy' while one recommends a 'Moderate Buy.' The mean target price for the stock is $6.10, which is 160% above current levels. The Street-high estimate of $10 implies upside of 327% over the next 12 months. With the ongoing expansion of 5G networks and rising demand for high-speed data transmission, Ceragon's long-term prospects are promising. However, as a penny stock, investors should closely monitor the company's strategic plans and ability to navigate the competitive telecommunications market.
Yahoo
22-05-2025
- Business
- Yahoo
Lantronix Awarded 2025 TMC Labs Innovation Award for Its SmartLV IoT Cellular Gateway
Designed for low-voltage substations and distribution automation applications, the SmartLV is built with advanced cyber security protocols and AI capabilities IRVINE, Calif., May 22, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced that Lantronix has won a 2025 TMC Labs Innovation Award for its SmartLV IoT cellular gateway. Powered by the Qualcomm® IQ-615 processor, it is the first AI-enabled IoT Edge Compute Cellular Gateway. Presented by TMC, a global, integrated media company, this award honors products that display innovation, unique features and significant contributions toward improving communications technology. Award winners are highlighted on TMCnet's online news portal. 'Through its SmartLV IoT cellular gateway, Lantronix has proven its commitment to quality and the further development of IoT communications industry,' said Rich Tehrani, CEO, TMC. 'We honor Lantronix as among the top companies that have demonstrated ground-breaking contributions to the industry.' 'We are very honored to win the TMC Labs Innovation Award. This award is highly valued by our team as we pride ourselves on innovation,' said Saleel Awsare, CEO and president of Lantronix Inc. 'Together with our long-term relationship with Qualcomm, we create and deliver groundbreaking IoT solutions that enable our customers to harness the power of AI to transform their businesses.' AI at the Edge: Transforming Energy Management Designed specifically for low-voltage substations and distribution automation applications in next-generation smart grids, utilities and industrial sectors, the SmartLV is engineered to revolutionize real-time visibility, control and automation in the energy sector. This remote management ability provides Distribution System Operators (DSOs) with the ability to control and steer energy precisely when and where it's needed. Built with advanced cybersecurity protocols and AI capabilities, the SmartLV ensures robust, reliable and secure operations for mission-critical applications, offering unmatched control over low-voltage substations and Distributed Energy Resources (DERs). 'The SmartLV Gateway is a leap forward in empowering utility operators with critical, real-time insights and control over their low-voltage substations,' said Mathi Gurusamy, chief strategy officer at Lantronix. 'By utilizing Qualcomm Technologies' AI technology, this solution helps to address today's most pressing challenges at the edge of the smart grid.' About Lantronix Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix's products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix's advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing. For more information, visit the Lantronix website. ©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners. 'Safe Harbor' Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products or leadership team. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers' and vendors' supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the 'SEC') on Sept. 9, 2024, including in the section entitled 'Risk Factors' in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections. Lantronix Media Contact:Gail Kathryn MillerCorporate Marketing &Communications Managermedia@ Lantronix Analyst and Investor Contact:investors@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-05-2025
- Business
- Yahoo
Lantronix Third Quarter 2025 Earnings: Misses Expectations
Revenue: US$28.5m (down 31% from 3Q 2024). Net loss: US$3.87m (loss widened by US$3.45m from 3Q 2024). US$0.10 loss per share (further deteriorated from US$0.011 loss in 3Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 88%. Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Communications industry in the US. Performance of the American Communications industry. The company's shares are down 6.7% from a week ago. Be aware that Lantronix is showing 1 warning sign in our investment analysis that you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
02-04-2025
- Business
- Yahoo
Lantronix Named to CRN 2025 Internet of Things 50 List
CRN's annual list spotlights vendors leading IoT Innovation IRVINE, Calif., April 02, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity for IoT solutions enabling Edge AI Intelligence, today announced it has been recognized on the 2025 Internet of Things (IoT) 50 list by CRN®, a brand of The Channel Company. CRN's annual IoT 50 list spotlights vendors leading IoT innovation that are driving channel success. Honorees are selected by a panel of CRN editors with input from members of the channel partner community. 'We are very honored to be on CRN's IoT 50 List that spotlights companies that are notable for their dedication to cutting-edge solutions that empower the channel to create and deliver groundbreaking IoT solutions,' said Saleel Awsare, president & CEO of Lantronix Inc. 'This award is especially valued by our team as we are devoted to helping our channel partners deliver powerful Edge intelligent solutions for our mutual customers.' Recognition on the list is based on the quality of the vendors' IoT portfolios and consistency in delivering new opportunities for partners. Each company on the CRN IoT 50 has taken steps toward empowering its channel partners to deliver cutting-edge IoT solutions and drive growth. The CRN IoT 50 list includes five IoT categories: Hardware, Security, Software, Industrial and Networking and Connectivity. Lantronix was recognized in the Hardware category. 'IoT solutions deliver critical data for better decision-making and are powerful growth drivers for the channel,' said Jennifer Follett, VP, U.S. Content, and Executive Editor, CRN, The Channel Company. 'We're pleased to spotlight these vendors for their dedication to empowering partners with IoT innovation that helps them better serve their clients and advance the entire IT channel.' The 2025 CRN IoT 50 list is featured in the April issue of CRN Magazine and online at About The Channel Company The Channel Company (TCC) is the global leader in channel growth for the world's top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit About Lantronix Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth markets, including Smart Cities, Enterprise and Transportation. Lantronix's products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that enable AI Edge Intelligence. Lantronix's advanced solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing. For more information, visit the Lantronix website. ©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners. Lantronix Media Contact: Gail Kathryn MillerCorporate Marketing &Communications Managermedia@ Lantronix Analyst and Investor Contact: investors@
Yahoo
28-03-2025
- Business
- Yahoo
AI Chips Today - Lantronix Launches Power-Efficient AI Module For Edge Applications
Lantronix Inc. has introduced the Open-Q 8550CS System-on-Module (SOM), leveraging the Qualcomm Dragonwing QCS8550 processor to enhance Edge AI computing. This SOM is designed to deliver low-power AI and Machine Learning capabilities on-device, facilitating the development of industrial Edge AI products such as drones, robotics, and smart cameras across various industries including transportation and logistics. By integrating advanced computing and connectivity features, Lantronix aims to accelerate time-to-market for developers creating innovative Edge applications, supported by Qualcomm Technologies' collaboration. The module's capabilities are expected to support demanding edge computing tasks including complex video processing and AI applications. last closed at $157.97 down 0.3%. Elsewhere in the market, was a notable mover up 1% and finishing the session at CN¥164.88. Meanwhile, lagged, down 6.2% to end the day at $62.79. Qualcomm's strategic expansions in automotive and IoT markets aim to boost revenue quickly. Explore Qualcomm's transformative growth potential and strategic moves by clicking through to the narrative. As a follow-up, check out our Market Insights article exploring the disruptive potential of DeepSeek's efficient AI chips on traditional GPU investments—read it before opportunities slip by! closed at $23.62 up 0.9%. This week, Intel faced multiple shareholder proposals urging changes in reporting and governance practices, with recommendations for shareholders to vote against them at the upcoming annual meeting. settled at $111.43 down 2%. NVIDIA is in acquisition discussions to enter the server rental market with Lepton AI Inc., two days ago, potentially worth several hundred million dollars. finished trading at $106.65 down 3.2%. Click this link to deep-dive into the 50 companies within our AI Chip Stocks screener including Applied Materials, Advantest and ON Semiconductor. Looking For Alternative Opportunities? The end of cancer? These 21 emerging AI stocks are developing tech that will allow early idenification of life changing disesaes like cancer and Alzheimer's. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Simply Wall St "Lantronix Launches New Open-Q 8550CS System-On-Module Designed to Meet the Needs of Edge AI Computing" from Lantronix, Inc. on GlobeNewswire (published 27 March 2025) Companies discussed in this article include SHSE:603893 NasdaqGS:INTC NasdaqGS:QCOM NasdaqGS:NVDA NasdaqGS:AMD and NasdaqGS:ALAB. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
