Wedbush Raises Earnings Estimates for Logitech International

Logitech International S.A. (NASDAQ:LOGI) – Equities research analysts at Wedbush lifted their Q3 2026 earnings per share (EPS) estimates for shares of Logitech International in a research note issued to investors on Friday, March 7th. Wedbush analyst A. Reese now expects that the technology company will earn $1.38 per share for the quarter, up from their previous forecast of $1.32. Wedbush currently has a “Outperform” rating and a $125.00 target price 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 FY2026 earnings at $4.35 EPS and FY2027 earnings at $5.12 EPS.

Several other research firms have also issued reports on LOGI. StockNews.com lowered Logitech International from a “buy” rating to a “hold” rating in a research note on Monday, March 3rd. Barclays raised their price target on Logitech International from $103.00 to $108.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 29th. Kepler Capital Markets upgraded shares of Logitech International from a “hold” rating to a “buy” rating in a research report on Thursday, January 30th. Bank of America restated an “underperform” rating and issued a $90.00 target price (down previously from $105.00) on shares of Logitech International in a report on Friday, February 28th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Logitech International from a “sell” rating to a “hold” rating in a research note on Friday, January 31st. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $101.50.

Logitech International Trading Down 2.0 %

Shares of NASDAQ:LOGI opened at $92.19 on Monday. The company has a market cap of $14.58 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 2.61 and a beta of 0.73. Logitech International has a 12 month low of $74.72 and a 12 month high of $105.65. The company has a 50-day moving average price of $95.01 and a 200 day moving average price of $87.96.

Logitech International (NASDAQ:LOGI) last released its quarterly earnings results on Tuesday, January 28th. The technology company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.07. Logitech International had a net margin of 14.38% and a return on equity of 30.53%.

Institutional Investors Weigh In On Logitech International

Hedge funds have recently made changes to their positions in the company. Janney Montgomery Scott LLC increased its holdings in Logitech International by 4,876.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 167,552 shares of the technology company’s stock valued at $13,798,000 after buying an additional 164,185 shares during the period. SpiderRock Advisors LLC bought a new stake in Logitech International during the 3rd quarter valued at $1,431,000. Assetmark Inc. increased its holdings in shares of Logitech International by 6,766.2% in the 3rd quarter. Assetmark Inc. now owns 49,231 shares of the technology company’s stock valued at $4,418,000 after acquiring an additional 48,514 shares during the period. Strengthening Families & Communities LLC raised its position in shares of Logitech International by 9.2% in the 3rd quarter. Strengthening Families & Communities LLC now owns 4,498 shares of the technology company’s stock worth $404,000 after acquiring an additional 378 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its stake in shares of Logitech International by 84.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 26,686 shares of the technology company’s stock worth $2,395,000 after purchasing an additional 12,228 shares during the last quarter. 45.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Logitech International

In other Logitech International news, insider Samantha Harnett sold 300 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $96.60, for a total transaction of $28,980.00. Following the transaction, the insider now directly owns 7,348 shares in the company, valued at $709,816.80. This trade represents a 3.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.16% of the stock is owned by corporate insiders.

Logitech International declared that its board has initiated a stock repurchase plan on Wednesday, March 5th that authorizes the company to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 3.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

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.