Ltrx stock forecast benefits from clean balance sheet

LTRX stock forecast benefits from clean balance sheet metrics, giving flexibility for potential share buyback program announcements. This could serve as a sentiment driver in small-cap tech portfolios. Lantronix, Inc. ( NASDAQ:LTRX ) shareholders should be happy to see the share price up 15% in the last quarter. But that doesn't change the fact that the returns over the last three years have been less than pleasing. After all, the share price is down 25% in the last three years, significantly under-performing the market. Multiple analysts have issued price targets for $LTRX recently. We have seen 3 analysts offer price targets for $LTRX in the last 6 months, with a median target of $4.0. From a technical standpoint, LTRX stock forecast charts show a cup-and-handle formation, hinting at potential breakout if volume exceeds 1.2M shares daily. Traders favor cautious accumulation ahead of earnings.