Logitech International S.A. (LOGI)

Over the past six months, Logitech International SA (LOGI) stock has experienced several notable events and fluctuations. The stock's price declined by 9.22% between February 5, 2025, and February 4, 2026. Logitech reported better-than-expected earnings per share (EPS) of $1.93 and revenue of $1.42 billion in its Q3 Fiscal Year 2026 Earnings Release, but the stock fell due to investor concerns over future growth prospects and market conditions. Logitech launched the MX Master 4 mouse, PRO X SUPERLIGHT 2 mouse, and the G316 gaming keyboard, which contributed to strong demand. Analyst ratings and market sentiment were mixed, with Wedbush reiterating a "Buy" rating, while Morgan Stanley and Barclays downgraded the stock. A cybersecurity incident in November 2024 involving data exfiltration led to an investigation, contributing to investor concerns.

Demand for Logitech International SA's products and services exhibits some seasonality, particularly around the holiday season. The December quarter (Q3 fiscal year 2026) showed positive year-over-year net sales growth and increased demand across all major geographies. Logitech for Business demand significantly outpaced business-to-consumer (B2C) demand in Q3 fiscal year 2026, driven by strength in video collaboration and the education vertical.

Logitech International S.A. is a Swiss-American multinational company specializing in computer peripherals and software, with headquarters in Lausanne, Switzerland, and operational headquarters in Newark, California. The company designs and manufactures products that facilitate connection and interaction with digital content, offering a wide array of products for gamers, streamers, productivity, business, and video communication. Logitech's product portfolio includes mice, steering wheels, headsets, keyboards, microphones, streaming services, conference room cameras, webcams, audio equipment, and other accessories under brands like Logitech G, Astro Gaming, Blue Microphones, Jaybird, Ultimate Ears, and Streamlabs.

Logitech International S.A. has a significant global presence, selling its products to international customers across the Americas, Europe, the Middle East, Africa, and Asia Pacific through direct and indirect sales channels. The company's worldwide headquarters are in Lausanne, Switzerland, with operational headquarters in Fremont, California. Logitech maintains research and development operations in Fremont, Romanel, Hsinchu, Vancouver, and Toronto.

In the past year, Logitech has demonstrated a strong brand presence through digital brand-building campaigns, a quality portfolio, and innovation, contributing to strong gross margins. The MX Master 4 mouse achieved record sales, and new gaming products have boosted market share. However, Logitech's reputation was impacted by a cybersecurity incident in November 2024, which involved data exfiltration through a zero-day vulnerability, leading to an investigation and adding to investor concerns.

The ownership structure of Logitech International S.A. is primarily a mix of institutional, retail, and individual investors. Approximately 21.83% of the company's stock is owned by Institutional Investors, 0.18% by Insiders, and 77.99% by Public Companies and Individual Investors. Major institutional shareholders include Vanguard Group Inc., Acadian Asset Management Llc, Vontobel Holding Ltd., UBS Group AG, JPMorgan Chase & Co, Pictet Asset Management Holding SA, Barclays Plc, Zurcher Kantonalbank (Zurich Cantonalbank), VGTSX - Vanguard Total International Stock Index Fund Investor Shares and Arrowstreet Capital, Limited Partnership.