Logitech International S.A. (LOGI) AI Stock Analysis
LOGI AI stock analysis summary
AI ResearchLogitech International S.A. designs and distributes computer peripherals, gaming accessories, and video conferencing equipment. The company produced $4.92B in trailing twelve-month revenue with a net cash balance of $1.67B as of June 30, 2026. Annual revenue has rebounded to $4.86B in FY2026, supported by strong operating cash flows and continued capital returns.
- Market cap
- $14.95B
- Revenue (TTM)
- $4.92B
- P/E
- 19.2x fwd 18.6x
- 1Y return
- -2.3% S&P 500 16.8%
- Avg. target
- $106.00 1.5% vs last close
Bull case
- Logitech generated $975.6M in free cash flow in FY2026 while maintaining a strong balance sheet with $1.67B in net cash.
- Quarterly earnings rose 66.3% year-over-year in the period ended June 30, 2026, alongside an expanded trailing twelve-month operating margin of 21.2%.
- Shareholder distributions remain active, with $537.3M spent on buybacks in FY2026 and a 12.0% 5-year annualized dividend growth rate.
Bear case
- Revenue CAGR was negative at -1.5% from FY2021 to FY2026, reflecting earlier steep declines including a 17.2% drop in FY2023.
- The stock has lagged broader benchmarks, returning -2.3% over the past year compared to a 16.8% gain for the S&P 500.
- Analyst consensus projects muted near-term growth, with EPS estimated to fall 0.2% to $5.77 for the fiscal year ending March 31, 2027.
What Logitech International does
Logitech International S.A. specializes in designing, manufacturing, and globally distributing products that enhance digital and cloud-based experiences. Its product portfolio features pointing devices such as wireless mice and diverse corded and cordless keyboards. Logitech also provides PC webcams, tablet and smartphone keyboards, and mobile accessories. For gamers, the company offers gaming keyboards, mice, headsets, steering wheels, and flight sticks. Additionally, Logitech delivers enterprise-grade video conferencing solutions, including ConferenceCams, alongside audio products such as portable wireless speakers, PC speakers, headsets, and microphones sold through distributors, retailers, specialty stores, and online channels.
Growth and profitability
Revenue reached $4.86B in FY2026, marking a 6.7% increase after rising 6.0% to $4.55B in FY2025, recovering from declines of 17.2% in FY2023 and 5.3% in FY2024. Over five years from FY2021 to FY2026, revenue CAGR was -1.5%. Operating margin expanded to 16.2% in FY2026 from 10.1% in FY2023, while gross margin stood at 43.1%. Net income totaled $714.3M in FY2026, resulting in diluted EPS of $5.77. In the trailing twelve months, revenue was $4.92B with an operating margin of 21.2%. For the latest quarter ended June 30, 2026, quarterly revenue grew 6.9% year-over-year while quarterly earnings surged 66.3%.
Balance sheet and cash flow
As of June 30, 2026, Logitech held $1.75B in cash and short-term investments against $84.4M in total debt, yielding net cash of $1.67B. Shareholders' equity was $2.35B and total assets were $4.03B, with a debt-to-equity ratio of 0.04 and a current ratio of 2.31. In FY2026, the company generated $1.04B in operating cash flow and $975.6M in free cash flow. Logitech allocated cash toward $61.6M in capital expenditures, $537.3M in share buybacks, and $233.1M in dividends paid, helping reduce share count by 14.5% over five years.
Valuation and performance
Logitech trades at a trailing P/E of 19.2x and a forward P/E of 18.6x, compared to medians of 28.1x and 18.8x, respectively, for its US-listed Technology peers. Its enterprise value of $12.96B reflects an EV/EBITDA of 13.6x, below the US-listed Technology peer median of 16.6x, while its price-to-sales ratio of 3.0x sits slightly above the peer median of 2.8x. Over the past year, Logitech shares declined 2.3% against a 16.8% return for the S&P 500 benchmark SPY. Over five years, the stock gained 31.0% versus SPY's 83.0% gain.
LOGI dividend
Logitech pays an annual dividend with a forward rate of $1.66 per share, representing a 1.59% dividend yield. The payout ratio stands at 26.9%. The company has paid dividends for 15 consecutive years, with an annualized 5-year dividend growth rate of 12.0%. The most recent ex-dividend date occurred on September 22, 2026.
What analysts expect
Wall Street analysts hold 3 Strong Buy, 0 Buy, 4 Hold, 2 Sell, and 1 Strong Sell recommendations on Logitech. The mean price target of $106.00 implies an upside of 1.5% from the last close of $104.41. For the fiscal year ending March 31, 2027, consensus models forecast revenue of $4.88B and EPS of $5.77. The company beat EPS estimates in each of the last 4 quarters, and its next earnings date is October 27, 2026.
Key risks and what to watch
- Short interest stands at 8.1% of the float, indicating notable negative sentiment among market participants.
- Top-line expansion relies on sustaining hardware momentum after quarterly revenue growth moderated to 6.9% in the latest quarter.
- Analyst opinion remains divided, with 3 Sell or Strong Sell ratings outnumbering Buy-equivalent recommendations.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this LOGI AI stock analysis
This page is an AI-written research summary of Logitech International S.A. (LOGI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: LOGI income statement, LOGI balance sheet, LOGI key metrics, LOGI analyst forecast, LOGI chart. See the LOGI stock overview for the latest quote and news.
LOGI AI stock analysis FAQ
What is Logitech's dividend yield and payment schedule?
Logitech has a forward annual dividend of $1.66 per share, which equates to a 1.59% dividend yield. It distributes dividends on an annual schedule and has paid them for 15 consecutive years.
How strong is Logitech's balance sheet?
As of June 30, 2026, Logitech held $1.75B in cash and short-term investments and only $84.4M in total debt, providing a net cash position of $1.67B. Its debt-to-equity ratio is 0.04 with a current ratio of 2.31.
What are analysts forecasting for Logitech's earnings?
For the fiscal year ending March 31, 2027, analysts estimate EPS of $5.77 on revenue of $4.88B. For the following fiscal year, 10 analysts project EPS to grow 5.3% to $6.07 with revenue increasing 6.2% to $5.19B.
When does Logitech report its next quarterly results?
Logitech's next earnings report date is scheduled for October 27, 2026. The company has beaten EPS expectations in each of its last 4 quarters.