Wedbush Raises Earnings Estimates for Logitech International

Logitech International S.A. (NASDAQ:LOGI) – Equities research analysts at Wedbush upped their Q1 2026 earnings per share estimates for shares of Logitech International in a research report issued to clients and investors 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 earnings results on Tuesday, April 29th. The technology company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.07. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.03 billion. Logitech International had a net margin of 14.38% and a return on equity of 30.53%. The firm’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.99 EPS.

Several other research analysts have also recently commented on the company. Citigroup lowered their target price on Logitech International from $105.00 to $75.00 and set a “neutral” rating for the company in a research note on Monday, April 14th. Bank of America upgraded 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 report on Friday, April 4th. Barclays reduced their price objective on shares of Logitech International from $108.00 to $92.00 and set an “overweight” rating on the stock in a report on Wednesday, April 30th. StockNews.com downgraded shares of Logitech International from a “buy” rating to a “hold” rating in a research note on Monday, March 3rd. Finally, JPMorgan Chase & Co. decreased their price target on Logitech International from $96.00 to $80.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $86.14.

Logitech International Trading Up 2.8 %

Logitech International stock opened at $78.15 on Monday. The firm has a market capitalization of $12.36 billion, a P/E ratio of 18.35, a P/E/G ratio of 2.61 and a beta of 0.97. Logitech International has a twelve month low of $64.73 and a twelve month high of $105.65. The stock’s fifty day simple moving average is $83.08 and its 200-day simple moving average is $85.83.

Logitech International announced that its Board of Directors has authorized a stock buyback program on Wednesday, March 5th that authorizes the company to buyback $600.00 million in shares. This buyback authorization authorizes the technology company to repurchase up to 3.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Institutional Trading of Logitech International

Several institutional investors and hedge funds have recently bought and sold shares of LOGI. Banque Transatlantique SA purchased a new stake in shares of Logitech International in the fourth quarter valued at about $26,000. Sierra Ocean LLC acquired a new position in Logitech International in the 4th quarter valued at about $27,000. Bessemer Group Inc. raised its stake in Logitech International by 1,339.1% during the 4th quarter. Bessemer Group Inc. now owns 331 shares of the technology company’s stock valued at $27,000 after acquiring an additional 308 shares during the last quarter. Exane Asset Management purchased a new stake in Logitech International during the 4th quarter valued at approximately $32,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of Logitech International by 975.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 484 shares of the technology company’s stock valued at $40,000 after purchasing an additional 439 shares during the last quarter. Hedge funds and other institutional investors own 45.76% of the company’s stock.

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.