Logitech shares fall 11% as chip supplier disruption clouds holiday quarter
Logitech shares dropped about 11% to $99.39 after the company forecast a supply disruption hitting holiday-quarter sales. Source: GuruFocus.
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what happened
According to GuruFocus, Logitech shares fell 11.12% to $99.39 at 11:30 a.m. ET on October 28. Investors weighed a possible hit to holiday-quarter sales against recent results that were stronger. Fiscal second-quarter sales rose 3% to $1.22 billion, and adjusted earnings per share climbed 4% to $1.51, yet that did little to cushion the selloff.
The trigger is a production disruption at a semiconductor supplier. Logitech expects it to cut fiscal third-quarter revenue by $70 million to $80 million, with sales now projected at $1.36 billion to $1.43 billion. The $75 million midpoint equals about 5.4% of the $1.395 billion midpoint of the revenue outlook. Management expects the supplier to reach full production by calendar year-end and the impact to be largely resolved by the fiscal fourth quarter.
why it matters
Logitech has a market value of $13.69 billion. Investors now focus on whether the company can restore product availability and meet its revised outlook. GuruFocus puts the price-to-earnings ratio at 18.26, price-to-book at 6.19, and the GF Score at 80 out of 100.
market impact
Logitech shares: supply disruption and lower revenue outlook weigh on the stock
- Logitech shares pressure down — third-quarter revenue cut from a chip supplier's production disruption
tags
instruments
sources
- Logitech Stocks Decline 11.12% With a Holiday Supply Disruption Forecast — gurufocus.com, 28 October 2026 at 17:45 UTC
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