Logitech International (NASDAQ:LOGI) Issues Earnings Results, Beats Expectations By $0.59 EPS

Logitech International (NASDAQ:LOGI) issued its quarterly earnings results on Tuesday. The technology company reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.59, FiscalAI reports. Logitech International had a return on equity of 34.09% and a net margin of 14.69%.The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the firm earned $1.26 earnings per share. The company’s revenue was up 7.0% on a year-over-year basis.

Here are the key takeaways from Logitech International’s conference call:

• Strong Q1 performance: Net sales grew 5% in constant currency, marking the tenth consecutive quarter of growth. Pointing devices, video collaboration, and gaming led results, while Logitech gained share across personal workspace, gaming, and video conferencing.
• Premium products and B2B demand supported momentum: The MX Master 4 and PRO X 2 SUPERLIGHT quickly became top-selling products, while video collaboration sales increased 9% as more companies refresh meeting spaces and adopt hybrid-work solutions.
• Underlying profitability and cash generation improved: Excluding CHF 61 million of tariff refunds, non-GAAP operating income rose 14% to CHF 229 million, with gross margin expanding to 44.8%. Operating cash flow increased more than 30%, and the company repurchased approximately CHF 115 million of shares.
• Supplier disruption is expected to weigh on near-term results: A semiconductor supplier’s facility remains closed, with an estimated CHF 20 million revenue impact in Q2 and up to CHF 200 million in Q3. Logitech expects Q2 revenue growth of 0%-3% and operating income of CHF 185 million-CHF 210 million, while targeting resolution by Q4.
• Full-year profitability remains near the high end of the long-term target range: Management expects the underlying business to maintain demand momentum and full-year non-GAAP operating margin near the upper end of its 15%-18% target, although increased R&D and sales and marketing investment will reduce margins versus the prior year.

Logitech International Trading Down 6.1%

LOGI traded down $6.77 on Wednesday, hitting $104.89. 622,852 shares of the company’s stock were exchanged, compared to its average volume of 1,161,893. The firm has a market cap of $15.38 billion, a PE ratio of 21.81, a P/E/G ratio of 4.51 and a beta of 1.17. The stock has a fifty day moving average of $106.36 and a two-hundred day moving average of $98.42. Logitech International has a twelve month low of $83.32 and a twelve month high of $129.66.

Logitech International Cuts Dividend

The firm also recently disclosed an annual dividend, which will be paid on Wednesday, September 23rd. Investors of record on Tuesday, September 22nd will be paid a dividend of $1.36 per share. The ex-dividend date is Tuesday, September 22nd. This represents a yield of 126.0%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on LOGI. Weiss Ratings upgraded shares of Logitech International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 22nd. Morgan Stanley lowered their price target on shares of Logitech International from $89.00 to $88.00 and set an “underweight” rating for the company in a report on Wednesday, July 8th. Barclays decreased their price target on shares of Logitech International from $105.00 to $101.00 and set an “equal weight” rating on the stock in a report on Wednesday. Wall Street Zen lowered shares of Logitech International from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Finally, Bank of America lowered shares of Logitech International from a “neutral” rating to an “underperform” rating and set a $86.00 price objective on the stock. in a research note on Tuesday, June 30th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $109.00.

Key Logitech International News

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

• Positive Sentiment: Logitech reported quarterly EPS of $1.85, well above the $1.26 analyst consensus, while revenue rose 7.0% year over year to $1.23 billion, exceeding the $1.20 billion estimate. Logitech International quarterly earnings report
• Positive Sentiment: Profitability improved substantially, with reported net income up 61.4% and diluted EPS up 66.3% year over year, supported by lower costs and higher gross and operating margins. Logitech fiscal Q1 2027 financial results
• Positive Sentiment: The earnings beat was partly aided by a refund of U.S. tariffs, while management’s second-quarter revenue outlook of approximately $1.2 billion was broadly in line with Wall Street expectations. Logitech beats forecasts after U.S. tariff refund
• Neutral Sentiment: Logitech G announced the return of its global PLAY event in September, with events in Los Angeles, Warsaw and Shanghai. The announcement supports brand visibility and gaming engagement but is unlikely to materially affect near-term earnings. Logitech G PLAY 2026 announcement
• Negative Sentiment: Barclays cut its price target from $105 to $101 and maintained an “equal weight” rating, implying analysts see limited upside at current levels. The lower target may temper enthusiasm following the earnings beat. Barclays Logitech price-target update

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Quarry LP acquired a new stake in Logitech International in the 3rd quarter valued at approximately $30,000. CIBC Private Wealth Group LLC raised its position in Logitech International by 61.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 455 shares of the technology company’s stock worth $46,000 after acquiring an additional 173 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Logitech International by 40.1% in 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 during the last quarter. Kestra Advisory Services LLC bought a new position in shares of Logitech International during the 4th quarter valued at about $91,000. Finally, New Vernon Capital Holdings II LLC bought a new position in shares of Logitech International during the 3rd quarter valued at about $138,000. Institutional investors own 45.76% of the company’s stock.

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.