Logitech (LOGI) Beats Earnings Forecasts, Sees Growth in Asia

Logitech International S.A. (NASDAQ:LOGI) ranks among the best computer hardware stocks to invest in. On August 5, BNP Paribas Exane raised its price target for Logitech International S.A. (NASDAQ:LOGI) from CHF80 to CHF88 and upgraded the company from Neutral to Outperform. The revision follows Logitech’s first-quarter fiscal 2026 results, which beat analyst forecasts by 3%, 50 basis points, and 21%, respectively, in sales, gross margin, and operating profit.

China was the main driver of the 15% growth in Asia sales, while video conferencing revenues drove a 13% gain in business-to-business sales. While sales in America dropped 4%, the company attributed this to the unavailability of several stock-keeping units during pricing negotiations.

Market consensus, according to BNP Paribas Exane, overestimates the impact of tariffs on Logitech International S.A. (NASDAQ:LOGI). The firm anticipates a net impact of 100 basis points from tariffs, since the gross impact of 200–300 basis points will be partially offset by 200 basis points in price adjustments.

Logitech International S.A. (NASDAQ:LOGI) is a Swiss holding company involved in the design, production, and marketing of computer software and peripherals. Its software and equipment allow users to improve their digital experiences in a variety of domains, including gaming and music.

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Disclosure: None. This article is originally published at Insider Monkey.