UBS lifts Logitech stock rating to buy, lowers price target to CHF80

Published 07/05/2025, 06:50
UBS lifts Logitech stock rating to buy, lowers price target to CHF80

UBS forecasts that Logitech (NASDAQ:LOGI) will see attractive earnings per share (EPS) growth in fiscal years 2027-2028, with estimates of over 16% and 8%, respectively, and margins recovering to levels seen before the tariff impacts. According to Iffert, Logitech’s stock is currently trading at 15 times the projected earnings for fiscal year 2027, excluding net cash, which is below the historical average of 17 to 19 times. The company currently maintains a P/E ratio of 18.45 and has demonstrated strong profitability with a return on equity of 29%. The company currently maintains a P/E ratio of 18.45 and has demonstrated strong profitability with a return on equity of 29%.

UBS forecasts that Logitech will see attractive earnings per share (EPS) growth in fiscal years 2027-2028, with estimates of over 16% and 8%, respectively, and margins recovering to levels seen before the tariff impacts. According to Iffert, Logitech’s stock is currently trading at 15 times the projected earnings for fiscal year 2027, excluding net cash, which is below the historical average of 17 to 19 times. The company currently maintains a P/E ratio of 18.45 and has demonstrated strong profitability with a return on equity of 29%.

UBS forecasts that Logitech will see attractive earnings per share (EPS) growth in fiscal years 2027-2028, with estimates of over 16% and 8%, respectively, and margins recovering to levels seen before the tariff impacts. According to Iffert, Logitech’s stock is currently trading at 15 times the projected earnings for fiscal year 2027, excluding net cash, which is below the historical average of 17 to 19 times. The company currently maintains a P/E ratio of 18.45 and has demonstrated strong profitability with a return on equity of 29%.

UBS forecasts that Logitech will see attractive earnings per share (EPS) growth in fiscal years 2027-2028, with estimates of over 16% and 8%, respectively, and margins recovering to levels seen before the tariff impacts. According to Iffert, Logitech’s stock is currently trading at 15 times the projected earnings for fiscal year 2027, excluding net cash, which is below the historical average of 17 to 19 times.

In other recent news, Logitech International reported its fiscal quarter ending in March with revenue of $1 billion, marking a 2% year-over-year growth in constant currency. Despite this growth, Logitech faces challenges due to new U.S. tariffs, which have significantly impacted its stock performance. Analysts have adjusted their outlooks, with Loop Capital reducing its price target for Logitech to $78 from $97 while maintaining a Hold rating. Similarly, JPMorgan revised its price target to $96 from $100, citing conservative fiscal year 2026 revenue guidance.

BofA Securities downgraded Logitech’s stock from Neutral to Underperform, lowering the price target to $90, reflecting concerns about future growth prospects. The firm also revised revenue and earnings per share estimates for fiscal years 2026 and 2027 due to expectations of a weaker product mix. Logitech aims to mitigate tariff impacts by reducing the percentage of products sourced from China and implementing selective price increases in the U.S. These recent developments highlight the company’s strategic adjustments amidst macroeconomic uncertainties and tariff challenges.

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