Wedbush Has Positive Estimate for LOGI Q1 Earnings

Logitech International S.A. (NASDAQ:LOGI) – Wedbush lifted their Q1 2026 earnings estimates for Logitech International in a research report issued on Wednesday, April 30th. Wedbush analyst A. Reese now anticipates that the technology company will post earnings of $1.01 per share for the quarter, up from their previous forecast of $1.00. Wedbush has a “Outperform” rating and a $110.00 price objective 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.

Logitech International (NASDAQ:LOGI) last announced its quarterly earnings results 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 firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.03 billion. Logitech International had a return on equity of 30.53% and a net margin of 14.38%. The firm’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.99 EPS.

Other research analysts have also recently issued research reports about the company. Barclays cut their price target on Logitech International from $108.00 to $92.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 30th. Bank of America raised shares of Logitech International from an “underperform” rating to a “neutral” rating and decreased their price target for the stock from $90.00 to $73.00 in a research report on Friday, April 4th. JPMorgan Chase & Co. cut their price target on shares of Logitech International from $96.00 to $80.00 and set a “neutral” rating on the stock in a report on Thursday, April 17th. Loop Capital decreased their price objective on shares of Logitech International from $97.00 to $78.00 and set a “hold” rating for the company in a report on Tuesday. Finally, Citigroup cut their target price on shares of Logitech International from $105.00 to $75.00 and set a “neutral” rating on the stock in a research note on Monday, April 14th. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Logitech International has an average rating of “Hold” and an average target price of $85.71.

Logitech International Stock Performance

Shares of NASDAQ:LOGI opened at $76.52 on Monday. The business’s 50-day simple moving average is $82.05 and its 200 day simple moving average is $85.69. The company has a market cap of $12.10 billion, a P/E ratio of 17.96, a PEG ratio of 2.61 and a beta of 0.99. Logitech International has a one year low of $64.73 and a one year high of $105.65.

Hedge Funds Weigh In On Logitech International

A number of large investors have recently bought and sold shares of the business. Barclays PLC lifted its holdings in shares of Logitech International by 8.2% in the 4th quarter. Barclays PLC now owns 5,445,157 shares of the technology company’s stock worth $448,409,000 after purchasing an additional 414,236 shares during the last quarter. Vontobel Holding Ltd. boosted its position in shares of Logitech International by 34.2% during the fourth quarter. Vontobel Holding Ltd. now owns 4,872,324 shares of the technology company’s stock worth $402,802,000 after buying an additional 1,240,478 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Logitech International by 2.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,148,266 shares of the technology company’s stock worth $341,610,000 after buying an additional 85,278 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Logitech International by 6.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,598,068 shares of the technology company’s stock valued at $215,127,000 after acquiring an additional 146,338 shares during the period. Finally, Pictet Asset Management Holding SA raised its stake in Logitech International by 13.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,273,518 shares of the technology company’s stock valued at $188,254,000 after acquiring an additional 266,167 shares in the last quarter. Institutional investors own 45.76% of the company’s stock.

Logitech International declared that its Board of Directors has approved a share repurchase plan on Wednesday, March 5th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the technology company to purchase up to 3.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board 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.