Should You Buy Logitech International SA (LOGI) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
88.480
1 Day change
2.12%
52 Week Range
123.010
Analysis Updated At
2026/01/26
Logitech International SA (LOGI) is not a strong buy at this moment for a beginner investor with a long-term strategy. Despite positive financial performance in the latest quarter, the stock faces significant headwinds from analyst downgrades, bearish technical indicators, and cautious sentiment in the hardware sector. The options data indicates bearish sentiment, and there are no strong trading signals or influential figure activity to support an immediate buy decision.
Technical Analysis
The technical indicators for LOGI are bearish. The MACD is below zero and negatively contracting, suggesting weak momentum. The RSI is in the neutral zone at 38.078, offering no clear signal. Moving averages are bearish with SMA_200 > SMA_20 > SMA_5. The stock is trading below the pivot point of 94.336, with key support at 91.414 and resistance at 97.258.
Options Data
Bearish
Open Interest Put-Call Ratio
Bearish
Option Volume Put-Call Ratio
The high Put-Call ratios indicate bearish sentiment in the options market, with significantly higher put volume compared to call volume.
Technical Summary
Sell
9
Buy
1
Positive Catalysts
Logitech has launched new AI-powered cameras, Rally AI Camera and Rally AI Camera Pro, which could drive growth in the hybrid meeting market. The company's financials for Q2 2026 showed strong YoY growth in revenue (+6.27%), net income (+17.31%), and EPS (+21.05%).
Neutral/Negative Catalysts
Morgan Stanley downgraded Logitech to Underweight, citing the slowest hardware budget growth in 15 years and inflationary pressures. Barclays and BNP Paribas also downgraded the stock, expressing concerns over macroeconomic weakness and inflation. The options market sentiment is bearish, and hedge funds and insiders are neutral with no significant trading activity.
Financial Performance
In Q2 2026, Logitech reported revenue growth of 6.27% YoY to $1.186 billion, net income growth of 17.31% YoY to $170.67 million, and EPS growth of 21.05% YoY to $1.15. However, gross margin slightly declined by 0.21% YoY to 43.22%.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent analyst activity has been predominantly negative. Morgan Stanley downgraded the stock to Underweight with a price target of $89, citing cautious factors in the hardware sector. Barclays and BNP Paribas also downgraded the stock with reduced price targets. Citi remains positive with a Buy rating and a price target of $115, but overall sentiment is leaning bearish.
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: 86.640
Low
102.79
Averages
121.14
High
137.89
Current: 86.640
Low
102.79
Averages
121.14
High
137.89
Berenberg
Buy
maintain
$138 -> $143
AI Analysis
2026-01-29
New
Reason
Berenberg
Price Target
$138 -> $143
AI Analysis
2026-01-29
New
maintain
Buy
Reason
Berenberg raised the firm's price target on Logitech to $143 from $138 and keeps a Buy rating on the shares. The company reported "good" fiscal Q3 results and concerns over memory pricing have brought a "nice entry point," the analyst tells investors in a research note.
Morgan Stanley
Equal Weight -> Underweight
downgrade
$107 -> $89
2026-01-20
Reason
Morgan Stanley
Price Target
$107 -> $89
2026-01-20
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."
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