Wedbush Forecasts Higher Earnings for Logitech International

Logitech International S.A. (NASDAQ:LOGI) – Wedbush raised their Q1 2026 earnings per share (EPS) estimates for shares of Logitech International in a note issued to investors on Wednesday, April 30th. Wedbush analyst A. Reese now expects that the technology company will post earnings per share of $1.01 for the quarter, up from their prior forecast of $1.00. Wedbush currently has a “Outperform” rating and a $110.00 target price on the stock. The consensus estimate for Logitech International’s current full-year earnings is $4.21 per share. Wedbush also issued estimates for Logitech International’s Q3 2026 earnings at $1.40 EPS, Q4 2026 earnings at $0.90 EPS, FY2026 earnings at $4.42 EPS and FY2027 earnings at $5.18 EPS.

A number of other brokerages have also issued reports on LOGI. Bank of America raised Logitech International from an “underperform” rating to a “neutral” rating and lowered their price target for the stock from $90.00 to $73.00 in a research note on Friday, April 4th. StockNews.com cut shares of Logitech International from a “buy” rating to a “hold” rating in a research note on Monday, March 3rd. Kepler Capital Markets upgraded shares of Logitech International from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. lowered their price target on shares of Logitech International from $96.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, April 17th. Finally, Barclays cut their price objective on shares of Logitech International from $108.00 to $92.00 and set an “overweight” rating for the company in a report on Wednesday, April 30th. Eight research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $86.14.

Logitech International Trading Up 2.8 %

LOGI stock opened at $78.15 on Monday. Logitech International has a 12-month low of $64.73 and a 12-month high of $105.65. The business’s 50-day moving average is $83.08 and its 200 day moving average is $85.83. The stock has a market cap of $12.36 billion, a price-to-earnings ratio of 18.35, a PEG ratio of 2.61 and a beta of 0.97.

Logitech International (NASDAQ:LOGI) last posted its quarterly earnings data on Tuesday, April 29th. The technology company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.03 billion. Logitech International had a net margin of 14.38% and a return on equity of 30.53%. The company’s revenue was down .1% compared to the same quarter last year. During the same period last year, the firm posted $0.99 earnings per share.

Institutional Trading of Logitech International

Institutional investors have recently made changes to their positions in the company. Barclays PLC increased its stake in Logitech International by 64.2% during the third quarter. Barclays PLC now owns 5,030,921 shares of the technology company’s stock worth $451,426,000 after acquiring an additional 1,967,133 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Logitech International during the 3rd quarter worth about $105,000. Miracle Mile Advisors LLC purchased a new stake in Logitech International in the 4th quarter valued at about $202,000. Tealwood Asset Management Inc. raised its holdings in Logitech International by 1.2% in the 4th quarter. Tealwood Asset Management Inc. now owns 14,952 shares of the technology company’s stock valued at $1,231,000 after buying an additional 175 shares during the period. Finally, Assenagon Asset Management S.A. boosted its stake in Logitech International by 2,315.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,445,319 shares of the technology company’s stock worth $119,673,000 after buying an additional 1,385,493 shares during the period. Hedge funds and other institutional investors own 45.76% of the company’s stock.

Logitech International announced that its Board of Directors has authorized a share repurchase plan on Wednesday, March 5th that authorizes the company to buyback $600.00 million in shares. This buyback authorization authorizes the technology company to repurchase up to 3.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Logitech International Company Profile

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.