Wedbush Expects Higher Earnings for Logitech International

Logitech International S.A. (NASDAQ:LOGI - Free Report) - Stock analysts at Wedbush raised their Q1 2026 EPS estimates for Logitech International in a research report issued on Wednesday, April 30th. Wedbush analyst A. Reese now forecasts that the technology company will post earnings per share of $1.01 for the quarter, up from their previous estimate of $1.00. Wedbush currently has a "Outperform" rating and a $110.00 price target 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.

Several other equities research analysts also recently issued reports on LOGI. Morgan Stanley upgraded shares of Logitech International from an "underweight" rating to an "equal weight" rating and raised their price objective for the stock from $73.00 to $92.00 in a research report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft raised Logitech International from a "sell" rating to a "hold" rating in a report on Friday, January 31st. StockNews.com lowered Logitech International from a "buy" rating to a "hold" rating in a report on Monday, March 3rd. Citigroup reduced their target price on shares of Logitech International from $105.00 to $75.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Finally, Bank of America raised shares of 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 report on Friday, April 4th. Seven investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $85.71.

Logitech International Stock Down 0.8 %

Shares of NASDAQ LOGI traded down $0.65 during mid-day trading on Monday, reaching $80.53. 372,271 shares of the company were exchanged, compared to its average volume of 611,927. The stock has a market capitalization of $12.74 billion, a P/E ratio of 18.90, a P/E/G ratio of 2.61 and a beta of 0.99. The company's 50-day simple moving average is $81.29 and its 200-day simple moving average is $85.56. Logitech International has a twelve month low of $64.73 and a twelve month high of $105.65.

Logitech International (NASDAQ:LOGI - Get Free Report) last issued its earnings results on Tuesday, April 29th. The technology company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. Logitech International had a return on equity of 30.53% and a net margin of 14.38%. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the previous year, the company posted $0.99 EPS. The firm's revenue for the quarter was down .1% compared to the same quarter last year.

Logitech International declared that its Board of Directors has initiated a share repurchase plan on Wednesday, March 5th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the technology company to repurchase up to 3.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Banco Santander S.A. raised its holdings in shares of Logitech International by 43.4% during the first quarter. Banco Santander S.A. now owns 5,636 shares of the technology company's stock valued at $476,000 after purchasing an additional 1,705 shares during the period. Jupiter Asset Management Ltd. raised its stake in Logitech International by 15.3% during the 1st quarter. Jupiter Asset Management Ltd. now owns 542,202 shares of the technology company's stock worth $45,300,000 after buying an additional 71,748 shares during the period. US Bancorp DE boosted its holdings in Logitech International by 1.7% in the first quarter. US Bancorp DE now owns 8,484 shares of the technology company's stock worth $716,000 after acquiring an additional 140 shares in the last quarter. Foster & Motley Inc. acquired a new stake in Logitech International in the first quarter valued at approximately $270,000. Finally, Bayforest Capital Ltd raised its position in shares of Logitech International by 2,233.9% during the first quarter. Bayforest Capital Ltd now owns 3,921 shares of the technology company's stock worth $331,000 after purchasing an additional 3,753 shares during the period. 45.76% of the stock is owned by institutional investors.

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.