Barclays Lowers Logitech International (NASDAQ:LOGI) Price Target to $101.00

Logitech International (NASDAQ:LOGI) had its price target lowered by equities research analysts at Barclays from $105.00 to $101.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the technology company’s stock. Barclays‘s price objective points to a potential downside of 9.55% from the stock’s current price.

Other equities research analysts have also issued reports about the company. Bank of America lowered Logitech International from a “neutral” rating to an “underperform” rating and set a $86.00 price objective for the company. in a research note on Tuesday, June 30th. Wall Street Zen cut Logitech International from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Citigroup raised their target price on Logitech International from $115.00 to $124.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Wedbush reiterated an “outperform” rating and issued a $135.00 target price on shares of Logitech International in a report on Wednesday, July 22nd. Finally, Morgan Stanley cut their target price on Logitech International from $89.00 to $88.00 and set an “underweight” rating for the company in a research note on Wednesday, July 8th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Logitech International currently has an average rating of “Hold” and a consensus price target of $109.00.

Logitech International Stock Performance

Logitech International stock opened at $111.66 on Wednesday. The company has a 50 day moving average price of $106.36 and a 200-day moving average price of $98.42. Logitech International has a fifty-two week low of $83.32 and a fifty-two week high of $129.66. The company has a market capitalization of $16.37 billion, a PE ratio of 23.26, a P/E/G ratio of 4.51 and a beta of 1.17.

Logitech International (NASDAQ:LOGI) last posted its quarterly earnings data on Tuesday, July 28th. The technology company reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.59. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.20 billion. Logitech International had a net margin of 14.69% and a return on equity of 34.09%. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.26 earnings per share. On average, analysts forecast that Logitech International will post 5.21 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of LOGI. AQR Capital Management LLC boosted its holdings in Logitech International by 61.2% in the 1st quarter. AQR Capital Management LLC now owns 4,175 shares of the technology company’s stock valued at $352,000 after purchasing an additional 1,585 shares in the last quarter. Rhumbline Advisers raised its position in shares of Logitech International by 3.3% in the 2nd quarter. Rhumbline Advisers now owns 4,732 shares of the technology company’s stock worth $426,000 after buying an additional 152 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Logitech International by 40.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 576 shares of the technology company’s stock valued at $52,000 after acquiring an additional 165 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Logitech International by 13.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,779 shares of the technology company’s stock valued at $160,000 after purchasing an additional 206 shares in the last quarter. Finally, Guggenheim Capital LLC grew its position in shares of Logitech International by 1.3% during the second quarter. Guggenheim Capital LLC now owns 10,182 shares of the technology company’s stock worth $918,000 after buying an additional 126 shares in the last quarter. 45.76% of the stock is owned by hedge funds and other institutional investors.

Key Logitech International News

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

• Positive Sentiment: Logitech reported fiscal Q1 2027 adjusted earnings of $1.85 per share, well above the $1.26 consensus estimate and up from $1.26 a year earlier. Revenue increased 7% to approximately $1.23 billion, also exceeding expectations of $1.20 billion. Logitech Announces Q1 Fiscal Year 2027 Results
• Positive Sentiment: Profitability improved faster than sales: third-party data indicated gross profit rose 26.9% and operating profit 59.5%, while net income increased 61.4% to $235.7 million. Operating cash flow grew 33.3% to $166.7 million, and cash and equivalents reached $1.75 billion. Logitech Q1 2027 Financial Results
• Positive Sentiment: The company’s gaming, video collaboration and peripherals businesses helped produce better-than-expected results, reinforcing the view that demand remains resilient. Logitech Q1 Earnings and Revenues Beat Estimates
• Neutral Sentiment: Logitech’s preliminary second-quarter revenue outlook of roughly $1.2 billion was broadly in line with Wall Street expectations, offering no major positive or negative guidance surprise.
• Neutral Sentiment: Management announced Logitech G PLAY 2026 events in Los Angeles, Warsaw and Shanghai for September. The events may support brand engagement and gaming product visibility but are unlikely to materially affect near-term financial results. Logitech G PLAY 2026 Announcement
• Negative Sentiment: Reuters reported that the quarterly beat benefited significantly from a refund of U.S. tariffs. Because this appears to be a one-time benefit, investors may question how sustainable the unusually strong earnings growth will be. Logitech Beats Forecasts After U.S. Tariff Refund

About Logitech International

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.