Logitech International S.A. (NASDAQ:LOGI) Receives $97.00 Consensus Target Price from Analysts

Logitech International S.A. (NASDAQ:LOGI) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are presently covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $97.00.

A number of research firms have issued reports on LOGI. Citigroup raised their price target on shares of Logitech International from $85.00 to $100.00 and gave the stock a “neutral” rating in a report on Friday, July 11th. Wedbush raised their price target on shares of Logitech International from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. raised their price target on shares of Logitech International from $80.00 to $104.00 and gave the stock a “neutral” rating in a report on Thursday, July 17th. Morgan Stanley raised their price target on shares of Logitech International from $74.00 to $78.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 29th. Finally, BNP Paribas Exane raised shares of Logitech International from a “neutral” rating to an “outperform” rating and set a $109.00 price target for the company in a report on Tuesday, August 5th.

Insider Activity

In other Logitech International news, insider Prakash Arunkundrum sold 9,900 shares of the firm’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $105.00, for a total value of $1,039,500.00. Following the completion of the transaction, the insider owned 57,437 shares of the company’s stock, valued at approximately $6,030,885. This trade represents a 14.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.19% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in LOGI. Sound Income Strategies LLC purchased a new position in shares of Logitech International during the second quarter worth $27,000. Quarry LP purchased a new position in shares of Logitech International during the first quarter worth $33,000. Westerkirk Capital Inc. purchased a new position in shares of Logitech International during the second quarter worth $36,000. Groupe la Francaise purchased a new position in Logitech International in the second quarter valued at $47,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Logitech International by 40.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 576 shares of the technology company’s stock valued at $52,000 after buying an additional 165 shares in the last quarter. Hedge funds and other institutional investors own 45.76% of the company’s stock.

Logitech International Stock Down 6.9%

Shares of NASDAQ:LOGI opened at $101.71 on Wednesday. The business’s 50-day moving average is $105.20 and its 200 day moving average is $91.55. Logitech International has a 1 year low of $64.73 and a 1 year high of $114.94.

Logitech International (NASDAQ:LOGI) last issued its quarterly earnings results on Tuesday, July 29th. The technology company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.18. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.13 billion. Logitech International had a return on equity of 30.81% and a net margin of 13.78%.The company’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.13 earnings per share. Logitech International has set its Q2 2026 guidance at EPS. On average, equities research analysts predict that Logitech International will post 4.21 EPS for the current year.

About Logitech International

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.