Market Outlook: European stocks are expected to open flat to higher as investors await the U.S. Federal Reserve's interest rate decision, with a 96% chance of a 25 basis-point cut anticipated.
Fed Meeting: The Fed's two-day meeting begins on Tuesday, with traders looking for signals from Chair Jerome Powell regarding potential future rate cuts amid concerns about a weakening labor market.
Geopolitical Developments: U.S.-China trade tensions are in focus as President Trump and President Xi Jinping prepare to meet in South Korea to discuss a potential trade deal addressing key issues like rare earth exports and soybean purchases.
Earnings Reports: European earnings reports on Tuesday include major companies like Novartis and BNP Paribas, while earlier reports from HSBC exceeded profit expectations for the third quarter.
Wall Street analysts forecast LOGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LOGI is 121.14 USD with a low forecast of 102.79 USD and a high forecast of 137.89 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
Wall Street analysts forecast LOGI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LOGI is 121.14 USD with a low forecast of 102.79 USD and a high forecast of 137.89 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
7 Hold
0 Sell
Moderate Buy
Current: 91.810
Low
102.79
Averages
121.14
High
137.89
Current: 91.810
Low
102.79
Averages
121.14
High
137.89
Morgan Stanley
Equal Weight -> Underweight
downgrade
$107 -> $89
2026-01-20
New
Reason
Morgan Stanley
Price Target
$107 -> $89
AI Analysis
2026-01-20
New
downgrade
Equal Weight -> Underweight
Reason
Morgan Stanley downgraded Logitech to Underweight from Equal Weight with a price target of $89, down from $107. The firm's chief investment officer survey indicated the the slowest hardware budget growth in 15 years. Resellers are expecting an "elastic demand response" to input cost inflation, which warrants a more defensive IT hardware position despite secular AI tailwinds, the analyst tells investors in a research note. Morgan Stanley has turned "more defensive," saying its recent survey work "signals the perfect storm of cautionary factors emerging."
Citi
Buy
downgrade
$130 -> $115
2026-01-20
New
Reason
Citi
Price Target
$130 -> $115
2026-01-20
New
downgrade
Buy
Reason
Citi lowered the firm's price target on Logitech to $115 from $130 and keeps a Buy rating on the shares. The firm adjusted targets in the technology hardware group as part of its 2026 outlook. Citi believes hyperscaler data center spending "remains robust," which is driving demand for power, storage, connectors, and fiber.
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Barclays
Tim Long
Overweight -> Equal Weight
downgrade
$134 -> $98
2026-01-16
Reason
Barclays
Tim Long
Price Target
$134 -> $98
2026-01-16
downgrade
Overweight -> Equal Weight
Reason
Barclays analyst Tim Long downgraded Logitech to Equal Weight from Overweight with a price target of $98, down from $134. The firm is concerned around potential macro weakness for Logitech with softening in the North America consumer market. Business-to-business remains less than 50% of the business, and inflationary pressures and "uneven" macro environment could weigh on Logitech's upside this year, the analyst tells investors in a research note.
BNP Paribas
Martin Jungfleisch
Outperform -> Neutral
downgrade
$128 -> $106
2026-01-08
Reason
BNP Paribas
Martin Jungfleisch
Price Target
$128 -> $106
2026-01-08
downgrade
Outperform -> Neutral
Reason
BNP Paribas analyst Martin Jungfleisch downgraded Logitech to Neutral from Outperform with a price target of $106, down from $128. The firm sees higher memory prices hurting the company's peripherals and gaming sales.
About LOGI
Logitech International S.A. is a Switzerland-based holding company. The Company’s purpose is to coordinate the activities of the various Swiss and foreign subsidiaries of the Logitech group. The Company focuses on designing and manufacturing products that enable people to connect and interact with digital content. Its portfolio includes Gaming, Keyboards & Combos, Pointing Devices, Video Collaboration, Webcams, Tablet Accessories, and Headsets. The Company sells its products to a broad range of international customers, in the Americas, Europe, the Middle East, Africa and Asia Pacific. This includes direct sales to retailers, e-tailers, businesses large and small and end consumers through our e-commerce platform, and indirect sales to end customers through distributors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
