Why Is LOGITECH INTERNTNL S Class N (LOGI) Stock Down Today?

Logitech International S A stock fell 4.44 percent to $96.01 in the session as JPMorgan cut its price target for the stock. The stock opened with a 2.6 percent gap down from the previous close and has continued to trade lower throughout the session. The move follows a recent analyst downgrade and broader market concerns.

What Happened

JPMorgan lowered its price target for Logitech to $102 from $120. This adjustment contributed to a negative sentiment for the stock. The stock opened at $97.81, which was $100.47 the previous day. The stock reached a high of $97.94 at 7:10 AM ET and a low of $95.91 at 9:50 AM ET. The stock is currently trading at $95.91 with a volume of 0.1 million shares, which is 0.1 times the 3-month daily average. Other analysts have also adjusted their price targets, with Wedbush setting a target of $130 and Barclays at $101. Despite these changes, the stock has continued to trade lower.

What The Data Shows

The intraday session shows a significant gap down and a continued decline in the stock price. The stock is trading within its 52-week range of $83.32 to $129.66. The stock has printed 11 fresh 52-week lows on 2026-08-20. The stock has a market cap of $14.2 billion, a P/E ratio of 18.4, and a net margin of 16.3 percent. The stock has a beta of 0.65 and a dividend yield of 1.61 percent. The stock has seen a decline in sentiment over the last 7 days, with a score of 50 out of 100 compared to a 30-day average of 54 out of 100.

What To Watch

The stock is currently trading lower following the JPMorgan price target cut. Investors should monitor the stock for any further analyst actions or earnings reports that could influence its price.