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

Logitech International shares fell 12.12% to close at $98.27 on October 28, 2026. The sharp decline followed the company’s second-quarter fiscal 2027 earnings report, where results beat expectations but were overshadowed by significant supply chain disruptions. Management warned that semiconductor shortages could impact third-quarter sales by up to $80 million.

What Happened

Logitech reported revenue of $1.22 billion, slightly exceeding the $1.21 billion consensus estimate, and adjusted earnings per share of $1.51, which surpassed the $1.33 forecast. Despite these beats, the stock sold off heavily due to concerns over lingering supplier issues that are expected to persist into the third quarter. The company noted that semiconductor supply disruptions threaten near-term sales volumes.

Analyst reactions were mixed in the immediate aftermath. Morgan Stanley maintained an Underweight rating but raised its price target to $94 from $90. In contrast, Wedbush defended its $130 price target, citing long-term growth potential despite the short-term supply headwinds. Barclays also maintained an Equal-Weight rating and raised its target to $110. The company filed its quarterly report on Form 10-Q, detailing the operational challenges facing its supply chain.

What The Data Shows

The stock’s drop places it near the lower end of its 52-week range, which spans from $83.32 to $129.66. On the day of the earnings release, the stock printed 20 fresh 52-week lows, indicating a sharp reversal from recent highs. Fundamentals remain stable with a market capitalization of $15.3 billion, a P/E ratio of 20.5, and a net margin of 16.3%. Revenue growth over the trailing twelve months stands at 6.6%.

Insider activity has been minimal recently, with one sale totaling $1.6 million recorded in the last 90 days. Samantha Harnett, the General Counsel, sold shares on September 11, 2026. Social media chatter has been sparse, with only one post recorded in the last seven days, suggesting limited retail engagement compared to typical earnings days.

What To Watch

Investors will monitor the company’s ability to mitigate semiconductor supply issues in the coming months. The next earnings date is not yet specified in the provided data, but coverage from 20 stories across nine sources indicates sustained analyst attention on how the supply chain disruption affects third-quarter performance.