Logitech International S.A., CH0025751329

Logitech stock falls as MX Keypad expands the AI lineup

Published on 09/08/2026 at 17:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Logitech stock slips after a new MX Keypad launch and a weaker Nasdaq session on September 8, 2026. The Swiss group paired a product update with fresh quarterly figures and a clear analyst backdrop.

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Logitech International S.A. (CH0025751329) stock traded at USD 97.74 on September 8, 2026, after a 4.2 percent drop in the Nasdaq session, while 42,210 shares changed hands by 16:28. The stock had opened at USD 100.11 and moved between USD 97.74 and USD 100.11 during the day.finanzen.ch

MX Keypad adds a new driver

Logitech on September 8, 2026 unveiled MX Keypad for developers, a customizable multi-app AI control center priced at USD 99.99 and launching in select markets the same day. The release says every unit includes 3 free months of GitHub Copilot Pro+, and the company describes native integration with GitHub, VS Code and the GitHub Copilot app.Logitech

The latest reported quarter ended June 30, 2026 and was published on July 28, 2026. Logitech reported revenue of CHF 969.99 million, up 2.21 percent from CHF 949.00 million a year earlier, and diluted earnings per share of CHF 1.29 versus CHF 0.81 in the prior-year quarter.finanzen.ch

Analysts still point higher

Swiss market data on September 8, 2026 showed Logitech at CHF 79.10, down 1.98 percent, with the SMI at 14,058.67 points at 16:15:37. The same market snapshot put the 52-week high at USD 129.62 on June 3, 2026 and the 52-week low at USD 83.38 on January 29, 2026, which leaves the stock well below its yearly peak.finanzen.ch

Zonebourse showed 12 analysts, a last closing price of USD 99.75 and an average target of USD 109.69 on September 8, 2026, implying 9.97 percent upside to that reference close. For investors, the mix matters: the share price is weak on the day, but the analyst target still sits above the last close and the launch adds a visible product trigger.

Developer hardware

MX Keypad fits Logitech's software-enabled hardware model: a physical device tied to Logi Options+, developer plugins and GitHub Copilot Pro+ access. Logitech says the product will be sold in Graphite and Pale Grey, and that the graphite model uses 64 percent post-consumer recycled plastic while the pale grey version uses 49 percent.

Stock and venue

At the primary Nasdaq quote, Logitech stock stood at USD 97.74 on September 8, 2026. The combination of a fresh product launch, a June 30, 2026 quarter with CHF 969.99 million in revenue and a 12-analyst target at USD 109.69 keeps the name active for traders watching the next move.