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Research Alert: CFRA Maintains Hold Opinion On Shares Of Logitech International S.a.
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Research Alert: CFRA Maintains Hold Opinion On Shares Of Logitech International S.a.
Aug 1, 2025 8:35 AM

11:10 AM EDT, 08/01/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target to $100, on 19x our CY 2026 EPS view of $5.25, below its three-year historical average of 23x. We lift our FY 26 EPS view to $5.07 from $4.42 and FY 27's to $5.39 from $4.81. We upgrade our price target but maintain our Hold rating as LOGI's solid Q1 performance (5% constant currency growth, market share gains) is offset by moderate tariff headwinds. Management's withdrawal of full-year guidance reflects trade policy uncertainty that we expect will pressure margins to 40%-41% in FY 26 from 43.5% in FY 25. While Video Collaboration's 13% growth and Asia-Pacific's 15% expansion demonstrate competitive strength, and the company's $1.5B cash position provides flexibility, we see limited near-term catalysts for share appreciation until manufacturing diversification completes and tariff uncertainty resolves. Our 19x forward multiple appropriately discounts transition period challenges while acknowledging long-term positioning.

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