Switzerland's Logitech beats Q3 earnings estimates

Logitech International SA

27/01/2026 21:14

Overview

Swiss hardware solutions firm's Q3 sales rose 6%, beating analysts' expectations

Adjusted EPS beat analysts' expectations

Company reported highest operating income since pandemic despite tariff headwinds

Outlook

Logitech expects Q4 FY26 sales between $1.07 bln and $1.09 bln

Company forecasts FY26 sales growth of approximately 6% in US dollars

Logitech anticipates FY26 non-GAAP operating income of $900 - $910 mln

Result Drivers

BROAD-BASED GROWTH - Co said growth was broad across categories, regions, and both consumer and business channels

NEW PRODUCT INNOVATION - Co highlighted innovation with new products like the MX Master 4 mouse

COST MANAGEMENT - CFO Matteo Anversa attributed strong margins to disciplined cost management

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$1.42 bln
$1.40 bln (9 Analysts)
Q3 Adjusted EPS
Beat
$1.93
$1.71 (10 Analysts)
Q3 EPS
$1.69
Q3 Adjusted Operating income
Beat
$312 mln
$277.72 mln (9 Analysts)
Q3 Operating income
$286 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 4 "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 CHF95.00, about 31.5% above its January 27 closing price of CHF72.24

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nBwbllgJra

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(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.)