Man Who Called Nvidia at $1.10 Says Buy This Now...
In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."
About Lantronix, Inc
Lantronix, Inc. provides software as a service (SaaS), engineering services, and hardware for edge computing, the Internet of Things (IoT), and remote environment management (REM) in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT Connectivity, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, application hosting, protocol conversion, secure access for distributed IoT deployments, and various other functions; IoT Compute that include application processing delivering compute to meet customer needs for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications; and IoT Telematics, which provides power efficient products designed to support communications across interfaces and industrial protocols for vehicle, fleet, and asset tracking and management. It also offers system on module, single board computer, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development, as well as xPrintServer. In addition, the company's REM products include out-of-band management, console management, power management, and IP connected keyboard-video-mouse products that provide remote access to IT and networking infrastructure deployed in test labs, data centers, branch offices, remote sites, and server rooms. Further, its SaaS platform enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login. The company offers its products through value added resellers, systems integrators, distributors, online retailers, and original equipment manufacturers; and an e-commerce site for direct sales. Lantronix, Inc. was founded in 1989 and is headquartered in Irvine, California.
General
| Name | Lantronix, Inc |
| Ticker | LTRX |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Communication Equipment |
| Currency | USD |
| Country | USA |
| Fiscal Year End | June |
| Full Time Employees | 242 |
Highlights
| Analyst Target | 6.33 |
| Market Cap | 132,509,800 |
| PE Ratio | -20.58 |
| PEG Ratio | -3.58 |
| EBITDA | 83,000 |
Share Stats
| Shares Outstanding | 28,775,200 |
| Shares Float | 20,579,135 |
| Shares Short | 46,266 |
| Insider Holdings | 4147% |
| Institution Holdings | 27.76% |
Highlights
| Analyst Target | 6.33 |
| Market Cap | 132,509,800 |
| PE Ratio | -20.58 |
| PEG Ratio | -3.58 |
| EBITDA | 83,000 |
Valuation
| Forward PE | 14.66 |
| Price/Sales (Trailing 12 Mt.) | 1.82 |
| Price/Book (Most Recent Quarter) | 2.75 |
Earnings
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