Logitech International (NASDAQ:LOGI) Shares Gap Down After Analyst Downgrade

Logitech International S.A. (NASDAQ:LOGI)’s share price gapped down before the market opened on Wednesday after Barclays lowered their price target on the stock from $105.00 to $101.00. The stock had previously closed at $111.66, but opened at $102.24. Barclays currently has an equal weight rating on the stock. Logitech International shares last traded at $105.2580, with a volume of 622,852 shares traded.

Other research analysts have also recently issued reports about the stock. Weiss Ratings raised shares of Logitech International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. Citigroup lifted their price target on Logitech International from $115.00 to $124.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Wedbush reissued an “outperform” rating and issued a $135.00 price objective on shares of Logitech International in a research note on Wednesday, July 22nd. Bank of America cut Logitech International from a “neutral” rating to an “underperform” rating and set a $86.00 target price on the stock. in a research report on Tuesday, June 30th. Finally, Wall Street Zen downgraded Logitech International from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Logitech International presently has an average rating of “Hold” and a consensus target price of $109.00.

Trending Headlines about Logitech International

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

• Positive Sentiment: Logitech reported quarterly EPS of $1.85, well above the $1.26 analyst consensus, while revenue rose 7.0% year over year to $1.23 billion, exceeding the $1.20 billion estimate. Logitech International quarterly earnings report
• Positive Sentiment: Profitability improved substantially, with reported net income up 61.4% and diluted EPS up 66.3% year over year, supported by lower costs and higher gross and operating margins. Logitech fiscal Q1 2027 financial results
• Positive Sentiment: The earnings beat was partly aided by a refund of U.S. tariffs, while management’s second-quarter revenue outlook of approximately $1.2 billion was broadly in line with Wall Street expectations. Logitech beats forecasts after U.S. tariff refund
• Neutral Sentiment: Logitech G announced the return of its global PLAY event in September, with events in Los Angeles, Warsaw and Shanghai. The announcement supports brand visibility and gaming engagement but is unlikely to materially affect near-term earnings. Logitech G PLAY 2026 announcement
• Negative Sentiment: Barclays cut its price target from $105 to $101 and maintained an “equal weight” rating, implying analysts see limited upside at current levels. The lower target may temper enthusiasm following the earnings beat. Barclays Logitech price-target update

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its position in shares of Logitech International by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 6,682,756 shares of the technology company’s stock valued at $678,420,000 after purchasing an additional 75,256 shares during the last quarter. Barclays PLC boosted its holdings in shares of Logitech International by 16.0% in the 4th quarter. Barclays PLC now owns 3,275,064 shares of the technology company’s stock worth $328,227,000 after buying an additional 451,357 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Logitech International by 43.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,991,627 shares of the technology company’s stock worth $304,151,000 after buying an additional 906,807 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Logitech International by 2.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,802,403 shares of the technology company’s stock valued at $288,430,000 after buying an additional 74,702 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Logitech International by 7.6% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,727,701 shares of the technology company’s stock worth $297,504,000 after buying an additional 191,828 shares during the last quarter. Institutional investors own 45.76% of the company’s stock.

Logitech International Price Performance

The firm has a market cap of $15.35 billion, a PE ratio of 21.81, a P/E/G ratio of 4.51 and a beta of 1.17. The business’s fifty day moving average is $106.36 and its 200-day moving average is $98.42.

Logitech International (NASDAQ:LOGI) last released its earnings results on Tuesday, July 28th. The technology company reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.59. Logitech International had a net margin of 14.69% and a return on equity of 34.09%. The firm had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the previous year, the company earned $1.26 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. Analysts forecast that Logitech International S.A. will post 5.21 EPS for the current year.

Logitech International Cuts Dividend

The company also recently disclosed an annual dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Tuesday, September 22nd will be issued a dividend of $1.36 per share. This represents a yield of 126.0%. The ex-dividend date of this dividend is Tuesday, September 22nd.

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.