Wedbush Issues Negative Forecast for LOGI Earnings

Logitech International S.A. (NASDAQ:LOGIFree Report) – Investment analysts at Wedbush decreased their Q4 2026 earnings estimates for shares of Logitech International in a research note issued to investors on Wednesday, January 29th. Wedbush analyst A. Reese now anticipates that the technology company will post earnings per share of $0.79 for the quarter, down from their previous forecast of $0.91. Wedbush currently has a “Neutral” rating and a $88.00 target price on the stock. The consensus estimate for Logitech International’s current full-year earnings is $4.13 per share.

Logitech International (NASDAQ:LOGIGet Free Report) last issued its earnings results on Tuesday, January 28th. The technology company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.07. Logitech International had a return on equity of 30.20% and a net margin of 14.38%.

Several other research firms also recently weighed in on LOGI. JPMorgan Chase & Co. lifted their target price on shares of Logitech International from $99.00 to $100.00 and gave the stock a “neutral” rating in a research note on Wednesday. Kepler Capital Markets raised shares of Logitech International from a “hold” rating to a “buy” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft upgraded Logitech International from a “sell” rating to a “hold” rating in a research report on Friday. Loop Capital reduced their price target on Logitech International from $88.00 to $81.00 and set a “hold” rating for the company in a research report on Monday, October 28th. Finally, Morgan Stanley raised Logitech International from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $73.00 to $92.00 in a report on Thursday, January 23rd. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $97.13.

Check Out Our Latest Stock Report on Logitech International

Logitech International Stock Performance

Shares of LOGI opened at $97.42 on Friday. The firm has a market cap of $15.41 billion, a P/E ratio of 22.87, a price-to-earnings-growth ratio of 3.01 and a beta of 0.77. Logitech International has a fifty-two week low of $74.72 and a fifty-two week high of $102.59. The business has a 50-day moving average of $85.54 and a 200 day moving average of $85.83.

Institutional Trading of Logitech International

A number of large investors have recently modified their holdings of LOGI. Janney Montgomery Scott LLC raised its stake in Logitech International by 4,876.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 167,552 shares of the technology company’s stock valued at $13,798,000 after purchasing an additional 164,185 shares in the last quarter. SpiderRock Advisors LLC bought a new position in shares of Logitech International in the 3rd quarter worth $1,431,000. Assetmark Inc. raised its position in shares of Logitech International by 6,766.2% during the 3rd quarter. Assetmark Inc. now owns 49,231 shares of the technology company’s stock valued at $4,418,000 after buying an additional 48,514 shares in the last quarter. Summit Global Investments purchased a new stake in shares of Logitech International during the 3rd quarter valued at $1,299,000. Finally, Strengthening Families & Communities LLC lifted its holdings in shares of Logitech International by 9.2% during the 3rd quarter. Strengthening Families & Communities LLC now owns 4,498 shares of the technology company’s stock worth $404,000 after acquiring an additional 378 shares during the last quarter. Institutional investors own 45.76% of the company’s stock.

Logitech International Company Profile

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Logitech International SA, through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, gaming, and streaming worldwide. The company offers products for gamers and streamers, including mice, racing wheels, headsets, keyboards, microphones, and streaming services; corded and cordless keyboards and keyboard-and-mouse combinations; pointing devices, such as wireless mice and wireless mouse products; conference room cameras, such as ConferenceCams; controllers for video conferencing room solutions; PC-based webcams, including streaming cameras and VC webcams; tablet accessories that includes keyboards for tablets; PC and VC headsets, in-ear headphones, and premium wireless earbuds; and mobile speakers and PC speakers, as well as portable wireless Bluetooth speakers.

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Earnings History and Estimates for Logitech International (NASDAQ:LOGI)

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