Logitech International (NASDAQ:LOGI) Sees Strong Trading Volume - Here's Why

Market Beat
2026.01.28 19:19
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Logitech International (NASDAQ:LOGI) experienced a significant increase in trading volume, with 2.4 million shares traded, up 73% from the previous session. The stock is currently priced at $88.68, down from a previous close of $93.74. The company reported strong Q3 earnings, surpassing estimates with an EPS of $1.93 and revenue of $1.42 billion, driven by growth in gaming and video collaboration. However, Q4 guidance is modest, targeting 3%-5% growth, leading to mixed analyst ratings, with a consensus hold rating and a target price of $102.13.