Logitech International (NASDAQ:LOGI) Price Target Lowered to $130.00 at Wedbush

Logitech International (NASDAQ:LOGI) had its target price dropped by equities researchers at Wedbush from $135.00 to $130.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the technology company’s stock. Wedbush’s target price would suggest a potential upside of 21.75% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on the company. Barclays lowered their price objective on Logitech International from $105.00 to $101.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Bank of America downgraded Logitech International from a “neutral” rating to an “underperform” rating and set a $86.00 price objective on the stock. in a research note on Tuesday, June 30th. Wall Street Zen downgraded Logitech International from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Citigroup boosted their target price on shares of Logitech International from $115.00 to $124.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Weiss Ratings upgraded shares of Logitech International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Logitech International has an average rating of “Hold” and a consensus price target of $108.29.

Logitech International Stock Down 4.4%

Shares of NASDAQ:LOGI traded down $4.88 during midday trading on Wednesday, reaching $106.78. 1,928,729 shares of the company were exchanged, compared to its average volume of 1,173,030. The firm has a market cap of $15.65 billion, a PE ratio of 22.18, a P/E/G ratio of 4.51 and a beta of 1.17. The stock has a fifty day simple moving average of $106.36 and a two-hundred day simple moving average of $98.42. Logitech International has a fifty-two week low of $83.32 and a fifty-two week high of $129.66.

Logitech International (NASDAQ:LOGI) last announced its earnings results on Tuesday, July 28th. The technology company reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.59. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.20 billion. Logitech International had a return on equity of 34.09% and a net margin of 14.69%.The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.26 earnings per share. As a group, analysts forecast that Logitech International will post 5.21 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in LOGI. Arrowstreet Capital Limited Partnership increased its holdings in Logitech International by 305.7% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,084,820 shares of the technology company’s stock valued at $227,859,000 after buying an additional 1,570,876 shares during the period. Morgan Stanley boosted its position in shares of Logitech International by 152.5% during the fourth quarter. Morgan Stanley now owns 2,190,070 shares of the technology company’s stock worth $219,489,000 after buying an additional 1,322,582 shares during the period. Assenagon Asset Management S.A. grew its stake in Logitech International by 2,227.1% in the second quarter. Assenagon Asset Management S.A. now owns 1,045,742 shares of the technology company’s stock valued at $98,189,000 after purchasing an additional 1,000,805 shares in the last quarter. Credit Agricole S A acquired a new position in shares of Logitech International during the 3rd quarter worth approximately $104,402,000. Finally, Norges Bank acquired a new stake in shares of Logitech International during the fourth quarter worth $89,248,000. Institutional investors and hedge funds own 45.76% of the company’s stock.

Logitech International News Summary

Here are the key news stories impacting Logitech International this week:

• Positive Sentiment: Logitech reported fiscal Q1 2027 earnings of $1.85 per share, well above the $1.26 consensus estimate, while revenue rose 7% year over year to approximately $1.23 billion, also exceeding expectations. Logitech earnings report
• Positive Sentiment: Results benefited from strong demand for premium devices, a favorable product mix and improved profitability. Net income, operating profit and cash generation all increased sharply, suggesting solid underlying execution beyond the headline revenue growth. Logitech Q1 earnings beat
• Positive Sentiment: The company’s balance sheet remained healthy, with cash and cash equivalents rising to about $1.75 billion, providing financial flexibility for investment and shareholder returns. Logitech financial results
• Neutral Sentiment: Logitech is scheduled to hold its Logitech G PLAY 2026 gaming event in Los Angeles, Warsaw and Shanghai in September. The event could support brand engagement and product visibility, but its direct financial impact is uncertain. Logitech G PLAY 2026
• Negative Sentiment: A substantial portion of the earnings upside came from a refund of U.S. tariffs, creating concern that the boost is one-time rather than a repeatable source of profit. Reuters Logitech tariff report
• Negative Sentiment: Management flagged a supplier shutdown that could cloud the near-term outlook. In addition, Barclays lowered its LOGI price target from $105 to $101 and maintained an “equal weight” rating, reinforcing investor caution after the earnings release. Barclays Logitech price target

Logitech International Company Profile

Logitech International SA is a Swiss-headquartered company that designs, manufactures and markets a wide range of computer peripherals and accessories for consumers, gamers and business customers. Founded in 1981, the company develops hardware and complementary software that enable people to interact with digital devices across work, home and entertainment settings. Logitech maintains corporate offices in Switzerland and significant operations in the United States and other regions worldwide.

The company’s product portfolio includes mice, keyboards, webcams, headsets, microphones, speakers, remote controls and other input/output devices, along with specialized lines for gaming, streaming and video collaboration.