JPMorgan cuts target for Logitech stock from USD 102 to USD 94

Published on 10/19/2026 at 10:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 sales rose 6.00 percent to USD 4.84 billion. Logitech stock costs EUR 93.73 on October 19, 2026, 0.63 percent above Xetra close.

Analyst pressure and earnings context

JPMorgan lowered its target from USD 102.00 to USD 94.00 on October 13, 2026.
Fiscal year 2026 sales rose 6.00 percent to USD 4.84 billion.
Logitech stock trades at EUR 93.73 at 10:40 a.m. CEST at Lang & Schwarz on October 19, 2026, 0.63 percent above the Xetra close of October 16, 2026.

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Logitech International S.A. (ISIN CH0025751329) is facing a lower valuation yardstick after JPMorgan cut its price target from USD 102.00 to USD 94.00 on October 13, 2026, while keeping a Neutral rating, as MarketBeat reported. At 10:40 a.m. CEST on October 19, 2026, the stock was trading at EUR 93.73 at Lang & Schwarz, 0.63 percent above the EUR 93.14 Xetra close of October 16, 2026.

Target cut resets valuation expectations

The JPMorgan change reduced the target by USD 8.00, equal to a 7.84 percent cut from USD 102.00. The Neutral rating keeps the focus on execution rather than a clear earnings re-rating.

The latest full-year figures provide a stronger operating counterpoint. Logitech reported fiscal year 2026 sales of USD 4.84 billion, up 6.00 percent from USD 4.55 billion, while GAAP operating income rose 18.00 percent to USD 775.00 million, according to the company release carried by Business Wire on May 5, 2026.

What does the target cut change?

The lower target matters because the business had still delivered a 16.00 percent increase in GAAP earnings per share to USD 4.80 in fiscal year 2026. Logitech also generated USD 1.04 billion in operating cash flow during that fiscal year, giving the valuation debate a cash-generation anchor.

Three dated Logitech milestones

On May 5, 2026, Logitech reported USD 4.84 billion in fiscal year 2026 sales and USD 775.00 million in GAAP operating income, according to Business Wire. On July 28, 2026, Logitech reported quarterly revenue of USD 1.23 billion, up 7.00 percent year over year, according to MarketBeat. On October 13, 2026, JPMorgan lowered its target from USD 102.00 to USD 94.00.

Next reporting date

Logitech is scheduled to report second-quarter fiscal 2027 results on October 27, 2026, according to the company calendar summarized by Stock Analysis. That release will give investors the next test of demand, margins and the effect of supply constraints described in recent coverage.

Stock price and valuation frame

Logitech is listed on the SIX Swiss Exchange under LOGN and on Nasdaq under LOGI. Its business spans computer peripherals, gaming equipment and video collaboration hardware, while the latest finance profile identifies Technology and Computer Hardware as its sector and industry.

The stock was trading at EUR 93.73 at Lang & Schwarz on October 19, 2026 at 10:40 a.m. CEST, up 0.63 percent versus the Xetra close of October 16, 2026 at EUR 93.14. The further course of trading is shown by the continuously updated real-time quote of Logitech stock.