JPMorgan cuts target to USD 94.00 for Logitech stock

Published on 10/16/2026 at 10:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2027 first-quarter sales rose 7.00 percent to USD 1.23 billion. Logitech stock costs EUR 93.30 on October 16, 2026 versus EUR 92.62 Xetra close.

Analyst revision and quarterly growth

JPMorgan cut its Logitech target from USD 102.00 to USD 94.00 on October 13, 2026.
Fiscal 2027 first-quarter sales rose 7.00 percent to USD 1.23 billion.
Logitech stock trades at EUR 93.30 at 10:29 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.73 percent above the Xetra close of October 15, 2026.

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Logitech (ISIN CH0025751329) was trading at EUR 93.30 at Lang & Schwarz on October 16, 2026, 0.73 percent above the Xetra close of October 15, 2026 at EUR 92.62. On October 13, 2026, JPMorgan cut its Logitech price target from USD 102.00 to USD 94.00 while keeping a Neutral rating, as Markets Insider reported. The target revision gives the upcoming results added importance.

JPMorgan cuts its target

The lower USD 94.00 target followed Logitech's first-quarter fiscal 2027 performance and leaves the analyst view below the earlier USD 102.00 level. The report also retained a Neutral rating, making the target change a measured reassessment rather than a full shift in stance.

What does Q1 growth mean?

Logitech reported USD 1.23 billion in first-quarter fiscal 2027 sales, up 7.00 percent year over year, while GAAP operating income reached USD 259.00 million, up 60.00 percent, according to CRN. Operating cash flow was USD 167.00 million in the same quarter. The comparison matters because the earnings base expanded faster than sales, although the next update will show whether that gap persists.

Three events set the timeline

On July 28, 2026, Logitech reported USD 1.23 billion in first-quarter fiscal 2027 sales. On October 8, 2026, the company unveiled Rally Bar 2, Rally System 2 Pro and Sound Shape, including a four-times edge AI processing claim, according to Logitech. On October 13, 2026, JPMorgan lowered its target from USD 102.00 to USD 94.00.

Two dates matter next

Logitech is scheduled to release second-quarter fiscal 2027 results on October 27, 2026, with the announcement set for 9:00 p.m. CET, according to ScanX. The next-generation Rally Speaker 2 lineup is scheduled for commercial availability in summer 2027.

Stock holds above the Xetra close

The current euro quotation is modestly above the prior Xetra session, while the next earnings release may test whether Logitech can sustain its first-quarter operating leverage. Logitech was trading at EUR 93.30 at Lang & Schwarz on October 16, 2026 at 10:29 a.m. CEST, 0.73 percent above the Xetra close of October 15, 2026 at EUR 92.62. The further course of trading is shown by the continuously updated real-time quote of Logitech stock.