Logitech (LOGN) AI Stock Analysis

• Market Cap: CHF12.74B
• Dividend Yield: 1.4%
• Average Volume (3M): 568.62K
• Price to Earnings (P/E): 24.1
• Beta (1Y): 1.42
• Revenue Growth: 0.81%
• EPS Growth: -5.64%
• Country: CH
• Employees: 7,300
• Sector: Technology
• Sector Strength: 88
• Industry: Computer Hardware
• EPS (TTM): 1.17
• Shares Outstanding: 160,784,450
• 10 Day Avg. Volume: 620,332
• 30 Day Avg. Volume: 568,621
• PEG Ratio: 0.31
• Price to Book (P/B): 6.24
• Price to Sales (P/S): 3.24
• P/FCF Ratio: 12.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: CHF99.55
• Price Target Upside: 10.24% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 12
• EPS Forecast (FY): 4.28
• Revenue Forecast (FY): CHF3.87B

• Rating: 73 Outperform
• Price Target: CHF100.00 ▲(10.74% Upside)

Logitech's strong financial performance and positive earnings call are the most significant factors driving the score. However, technical indicators suggest potential short-term weakness, and the valuation indicates the stock may be overvalued. Challenges in the Americas and macroeconomic concerns also weigh on the outlook.

Positive Factors

Product Innovation

Introducing new products like the MX Master 4 mouse showcases Logitech's commitment to innovation, potentially driving future revenue growth and strengthening its competitive position in the peripherals market.

Geographical Expansion

Significant growth in Asia Pacific indicates successful geographical expansion, which diversifies revenue streams and reduces dependency on saturated markets, enhancing long-term growth prospects.

B2B Market Growth

Growing demand in the B2B segment, especially in video collaboration, positions Logitech well to capitalize on the increasing need for business solutions, supporting sustained revenue growth.

Negative Factors

Americas Sales Decline

A decline in sales in the Americas, driven by a weaker gaming market, could hinder overall revenue growth and reflects challenges in maintaining market share in a key region.

U.S. Consumer Market Uncertainty

Uncertainty in the U.S. consumer market, especially in gaming, poses risks to revenue stability and may require strategic adjustments to address shifting consumer preferences.

Tariff and Inflation Concerns

Ongoing tariff and inflation issues could increase operational costs and pressure margins, potentially affecting profitability and requiring strategic cost management.

Logitech Business Overview & Revenue Model

Company Description

Logitech International S.A. is a global leader in personal computer and tablet accessories, known for its innovative and high-quality products. The company operates primarily in the consumer electronics sector, focusing on areas such as computer peripherals, gaming devices, and video collaboration solutions. Its core products include mice, keyboards, webcams, gaming gear, and smart home devices, catering to both individual consumers and businesses alike.

How the Company Makes Money

Logitech generates revenue through multiple streams, primarily by selling its wide range of accessories and peripherals across various markets. The company benefits from a strong retail presence, both online and in physical stores, which allows it to reach a diverse customer base. Key revenue streams include the sale of gaming products, which have seen significant growth due to the rising popularity of esports and gaming culture. Additionally, Logitech has established partnerships with leading technology companies, enhancing its product offerings and distribution capabilities. The company's commitment to innovation and quality has fostered brand loyalty, contributing to repeat purchases and sustained revenue growth.

Logitech Financial Statement Overview

Summary

Logitech demonstrates a solid financial performance with strong profitability margins and a robust balance sheet. The company effectively manages its costs and maintains low leverage, providing financial stability. While revenue growth is modest, the company continues to generate healthy returns on equity. The decline in free cash flow growth is a point of concern, but overall, Logitech is well-positioned financially in the computer hardware industry.

Income Statement

Logitech's income statement shows a stable performance with a gross profit margin of 42.81% and a net profit margin of 13.46% in the TTM period. The revenue growth rate of 1.31% indicates a slight improvement compared to the previous year. The EBIT and EBITDA margins are healthy at 14.62% and 16.36%, respectively, reflecting efficient cost management. However, the revenue growth is modest, and there is room for improvement in expanding market share.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.0428, indicating minimal leverage and financial risk. The return on equity is impressive at 29.13%, showcasing effective use of shareholder funds. The equity ratio of 58.43% suggests a solid capital structure. Overall, Logitech maintains a robust financial position with low debt levels and high returns on equity.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth by 6.70% in the TTM period, which is a concern. However, the operating cash flow to net income ratio is 0.65, indicating adequate cash generation relative to net income. The free cash flow to net income ratio of 0.93 suggests efficient conversion of earnings into cash. Despite the decline in free cash flow growth, the company maintains a healthy cash flow position.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.68B	4.55B	4.54B	4.30B	5.48B	5.25B
Gross Profit	2.00B	1.96B	1.72B	1.79B	2.26B	2.34B
EBITDA	796.87M	744.23M	603.85M	681.97M	902.84M	1.24B
Net Income	646.34M	631.53M	364.57M	612.14M	644.51M	947.26M
Balance Sheet
Total Assets	3.71B	3.54B	3.56B	3.60B	4.04B	4.14B
Cash, Cash Equivalents and Short-Term Investments	1.38B	1.50B	1.15B	1.52B	1.33B	1.75B
Total Debt	95.25M	92.40M	71.02M	77.03M	41.90M	34.42M
Total Liabilities	1.62B	1.41B	1.30B	1.37B	1.64B	1.88B
Stockholders Equity	2.08B	2.13B	2.26B	2.23B	2.40B	2.26B
Cash Flow
Free Cash Flow	794.56M	786.43M	441.66M	1.09B	209.17M	1.38B
Operating Cash Flow	854.41M	842.56M	534.01M	1.15B	298.32M	1.46B
Investing Cash Flow	-60.24M	-57.27M	-105.73M	-70.33M	-107.86M	-119.98M
Financing Cash Flow	-780.23M	-797.36M	-583.35M	-690.17M	-606.82M	-299.93M

Logitech Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 90.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:LOGN, the sentiment is Positive. The current price of 90.3 is below the 20-day moving average (MA) of 93.11, above the 50-day MA of 90.11, and above the 200-day MA of 78.63, indicating a neutral trend. The MACD of -0.31 indicates Positive momentum. The RSI at 48.17 is Neutral, neither overbought nor oversold. The STOCH value of 49.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:LOGN.

Logitech Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TEMN	76 Outperform	$5.12B	23.50	55.30%	1.78%	-25.91%	83.70%
LOGN	73 Outperform	CHF12.74B	24.11	31.51%	1.40%	0.81%	-5.64%
ELMN	72 Outperform	CHF287.90M	34.11	―	0.16%	-0.64%	-5.79%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SWON	60 Neutral	CHF1.75B	-64.13	―	3.37%	-5.87%	-224.75%
UBXN	58 Neutral	$1.02B	-8.98	-20.37%	―	-27.51%	-36.15%
AMS	49 Neutral	$751.33M	―	-14.27%	―	-5.48%	79.75%

Logitech Corporate Events

Logitech Reports Strong Q2 FY26 Performance

Logitech International, a Swiss company known for designing software-enabled hardware solutions, operates in the technology sector, focusing on enhancing human potential in work and play through innovative products. In its recent earnings report for the second quarter of Fiscal Year 2026, Logitech announced a 6% increase in sales, reaching $1.19 billion, with a notable rise in operating income and earnings per share. The company maintained strong cash flow and returned $340 million to shareholders through dividends and share repurchases. Key highlights include the launch of 16 new products and robust demand across both B2B and consumer channels, contributing to a 19% increase in operating income. Despite a slight decline in gross margins, Logitech’s strategic focus on operational excellence and cost control has yielded positive financial outcomes. Looking ahead, Logitech’s management remains cautiously optimistic, balancing strong business momentum with global economic uncertainties, as reflected in their Q3 FY26 sales and income projections.

Logitech Updates Articles to Enhance Board Authority

Logitech International S.A. has amended its Articles of Incorporation, specifically Article 27, to renew the Swiss ‘capital band’ information, thereby increasing the board of directors’ authority to cancel and issue shares under terms approved at the 2023 annual general meeting. Additionally, Article 28 was updated to reflect changes related to subscription rights, with these amendments becoming effective on October 1, 2025, upon publication in the Swiss Official Gazette of Commerce.

The most recent analyst rating on (CH:LOGN) stock is a Hold with a CHF90.00 price target. To see the full list of analyst forecasts on Logitech stock, see the CH:LOGN Stock Forecast page.

Logitech Business President Announces Resignation

On September 18, 2025, Prakash Arunkundrum, President of Logitech for Business, announced his resignation effective September 28, 2025, to pursue another opportunity. His departure, after over a decade of significant contributions, is not due to any disagreements with Logitech’s operations or policies.

The most recent analyst rating on (CH:LOGN) stock is a Buy with a CHF100.00 price target. To see the full list of analyst forecasts on Logitech stock, see the CH:LOGN Stock Forecast page.

Logitech Approves Dividend at Annual General Meeting

On September 9, 2025, Logitech International S.A. held its Annual General Meeting where shareholders voted on various proposals, including the approval of the 2025 financial statements, executive compensation, and re-elections to the Board of Directors. Notably, a dividend was approved with the ex-dividend date set for September 22, 2025, and the payment date on September 24, 2025, impacting shareholders’ financial planning.

The most recent analyst rating on (CH:LOGN) stock is a Hold with a CHF104.00 price target. To see the full list of analyst forecasts on Logitech stock, see the CH:LOGN Stock Forecast page.

Logitech Reduces Share Capital Amid Buyback Program

Logitech International S.A. announced a reduction in its share capital from CHF 42,248,535.50 to CHF 40,196,115, effective August 26, 2025, following the cancellation of shares repurchased on the SIX Swiss Exchange as part of its share buyback program. This amendment to the Articles of Incorporation, which also updated the Swiss ‘capital band’ information, reflects the company’s strategic financial management and may impact its market positioning and shareholder value.

The most recent analyst rating on (CH:LOGN) stock is a Buy with a CHF91.00 price target. To see the full list of analyst forecasts on Logitech stock, see the CH:LOGN Stock Forecast page.

Logitech’s Earnings Call: Innovation Amid Challenges

Logitech’s recent earnings call presented a balanced perspective on the company’s performance, highlighting significant achievements in product innovation and regional growth while addressing challenges in gross margins and North American sales due to tariff impacts and price negotiations.

Logitech Reports Strong Start to Fiscal Year 2026

Logitech International, a Swiss company, specializes in designing software-enabled hardware solutions for businesses and consumers, focusing on areas such as gaming, video collaboration, and personal computing accessories.