Lantronix surged 16.13% intraday, driven by upgraded price targets from Needham and Roth MKM to $7.50 and $9.00, a strong Q1 2026 earnings report (revenue up 3% to $29.8 million, non-GAAP EPS of $0.04 above estimates, 44.8% gross margin), expansion of drone OEM partnerships to 17 companies, and a joint launch of an edge AI video processor with Sightline on October 29, 2025.
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