JPMorgan cuts target for Logitech stock from USD 102.00 to USD 94.00

Published on 10/14/2026 at 13:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 fiscal 2027 revenue rose 6.90 percent to USD 1.23 billion. Logitech stock is EUR 93.10 on October 14, 2026, above the EUR 91.40 Xetra close.

Target cut and upcoming results

JPMorgan cut its Logitech target from USD 102.00 to USD 94.00 on October 13, 2026.
Fiscal 2027 first-quarter revenue rose 6.90 percent to USD 1.23 billion.
Logitech stock trades at EUR 93.10 at 1:41 p.m. CEST at Lang & Schwarz on October 14, 2026, 1.86 percent above the Xetra close of October 13, 2026.
Logitech will release second-quarter fiscal 2027 results on October 27, 2026.

Financial editorial photograph of a trading monitor displaying PERIPHERALS and PC GAMING text, green and red candlestick charts, NASDAQ and SIX SWISS EXCHANGE data, dark trading room with multiple screens in background, selective focus, journalistic photo — Logitech CH0025751329 an NASDAQ und SIX: Börsenbildschirm mit PERIPHERALS, PC GAMING und Kursdiagramm, Illustration mit AI erstellt.

Logitech (CH0025751329) stock was trading at EUR 93.10 at Lang & Schwarz on October 14, 2026, 1.86 percent above the Xetra close of EUR 91.40 on October 13, 2026. On October 13, 2026, JPMorgan analyst Samik Chatterjee cut Logitech's price target from USD 102.00 to USD 94.00 while keeping a Neutral rating, according to Markets Insider.

Three dated Logitech developments

On October 6, 2026, Logitech announced that it would release its second-quarter fiscal 2027 results on October 27, 2026, according to FinanzNachrichten. On October 8, 2026, the company introduced Rally Speaker 2 Pro and Rally Speaker 2 Max, featuring 32 and 64 micro-drivers respectively, with commercial availability planned for summer 2027, the same source reported in a separate release.

The latest event was the October 13 target reduction. The USD 8.00 cut equals 7.84 percent of the former USD 102.00 target, giving the analyst action a sharper numerical signal than the 1.86 percent euro-price move alone.

What does the target cut change?

JPMorgan's new USD 94.00 target sits below the previous USD 102.00 level, while the bank retained its Neutral rating, Markets Insider reported on October 13, 2026. The adjustment places the upcoming October results in a useful test of Logitech's operating momentum rather than treating the product launches as a substitute for financial evidence.

For the first quarter of fiscal 2027, Logitech reported revenue of USD 1.23 billion, up 6.90 percent year over year. Net income reached USD 235.70 million, up 61.40 percent, while diluted earnings per share were USD 1.63, according to GreekSoup using the company's fiscal 2027 first-quarter filing.

Two events on October 27

Logitech's second-quarter fiscal 2027 results are scheduled for October 27, 2026 at 1:00 p.m. Pacific time, followed by a videoconference at 1:30 p.m. Pacific time, according to FinanzNachrichten. The company listed the corresponding European times as 9:00 p.m. and 9:30 p.m. CET.

Price moves above the Xetra close

At 1:41 p.m. CEST on October 14, 2026, Logitech stock was trading at EUR 93.10 at Lang & Schwarz, up EUR 1.70 or 1.86 percent versus the Xetra close of EUR 91.40 on October 13, 2026. Logitech International S.A. is listed on the SIX Swiss Exchange under LOGN and on the Nasdaq Global Select Market under LOGI, and operates in the Technology sector and Computer Hardware industry.

The further course of trading is shown by the continuously updated real-time quote of Logitech stock.