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LOGI Logitech International SA News Story

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Logitech's FY26 prelim profit beats estimates on strong growth in gaming

Overview

Switzerland computer peripherals maker's preliminary FY26 sales rose 6%, meeting analyst expectations

Adjusted EPS for FY26 rose 19% and beat analyst expectations

Adjusted operating income for FY26 beat analyst expectations

Outlook

Logitech sees Q1 FY27 sales of $1.19 bln to $1.215 bln

Company expects Q1 FY27 non-GAAP operating income of $195 mln to $215 mln

Logitech projects Q1 FY27 sales growth of 4%-6% in US dollars, 2%-4% in constant currency

Result Drivers

GAMING SEGMENT - Co said accelerated growth in Gaming contributed to Q4 and FY26 performance

AMERICAS GROWTH - Co reported a solid return to growth in the Americas region in Q4

COST DISCIPLINE - Co attributed operating margin improvement to cost discipline and agility

Company press release: ID:nBw91bJR7a

Key Details

MetricBeat/MissActualConsensus Estimate
FY SalesMeet$4.84 bln$4.84 bln (14 Analysts)
FY Adjusted EPSBeat$5.78$5.41 (14 Analysts)
FY EPS$4.80
FY Adjusted Operating incomeBeat$911 mln$837.47 mln (12 Analysts)
FY Operating income$775 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the computer hardware peer group is "buy" Wall Street's median 12-month price target for Logitech international SA is CHF93.00, about 16% above its May 5 closing price of CHF80.14 The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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