11:08 AM EDT, 07/22/2025 (MT Newswires) -- Logitech ( LOGI ) is expected to hit its fiscal Q1 guidance amid tariff uncertainty, Wedbush said in a note Tuesday.

"Logitech ( LOGI ) is poised to hit its FQ1 guidance, but more

importantly, we are confident that Logitech ( LOGI ) has maintained its focus on its long-term growth opportunities," the report said.

Wedbush expects Logitech ( LOGI ) to post Q1 revenue on July 29 of at least $1.11 billion, compared with consensus estimates of $1.13 billion, and EPS of $1.09 versus Street estimates of $1.07.

Wedbush analysts, including Alicia Reese, said Logitech ( LOGI ) has approached the ongoing tariff shifts with a steady hand, shifting as needed throughout its nimble supply chain.

"While there is still considerable tariff uncertainty, we remain comfortable with our outperform rating as Logitech ( LOGI ) can shift

its supply chain for directed end markets to mitigate tariffs," they said.

"Logitech ( LOGI ) has a significant organic growth runway ahead, driven by gaming tailwinds and the expansion of its addressable market into new end markets," they added.

Wedbush raised its price target to $110 from $100.

Price: 95.01, Change: -0.09, Percent Change: -0.09