LOGI Should I Buy
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Logitech International SA (LOGI) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has shown solid financial growth in its latest quarter, the mixed analyst ratings, lack of significant trading trends, and absence of strong proprietary trading signals suggest a cautious approach. The technical indicators and options sentiment do not provide a compelling entry point currently.
The MACD is positive but contracting, RSI is neutral at 34.809, and moving averages are converging, indicating no clear trend. The stock is trading near its S1 support level of 86.506, with resistance at 93.069. The pre-market price is $88.65, up 1.87%, but no strong bullish signals are present.
The company's financials for Q3 2026 show strong growth: revenue increased by 6.06% YoY, net income rose by 25.43% YoY, and EPS grew by 28.03% YoY. Gross margin also improved slightly by 1.22%.
Technical indicators do not show a clear upward trend.
In Q3 2026, Logitech reported revenue of $1.42 billion, up 6.06% YoY. Net income increased to $251 million, up 25.43% YoY, and EPS rose to $1.69, up 28.03% YoY. Gross margin improved to 43.18%, up 1.22% YoY.
Analyst ratings are mixed: Deutsche Bank and Morgan Stanley downgraded the stock with lower price targets, citing macroeconomic concerns and slow hardware budget growth. Berenberg and Citi maintain Buy ratings with higher price targets, citing strong data center spending and a good entry point. The average sentiment leans cautious.
