Logitech International CEO Reaffirms High Single-Digit Growth Goal as PC Shipments Face Headwinds

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MarketBeat

Sat, February 28, 2026 astatine 1:28 PM CST 7 min read

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CEO Hanneke Faber reiterated Logitech’s semipermanent extremity to beryllium a “high single-digit” gross maturation company, arguing maturation volition travel much from the planetary installed base and rising connect rates/ASPs than from caller PC shipments.
Logitech is shifting toward a much balanced B2B premix (now ~40% B2B, targeting ~50/50), pursuing adjacencies and tuck‑in M&A portion benefiting from a China gaming turnaround (20%+ growth) and AI-enabled merchandise features.
The institution has a beardown fiscal position—CHF 1.5 cardinal cash and nary debt—and plans to proceed dividend increases, selective M&A and buybacks, supported by a flexible multi-country proviso concatenation to negociate tariffs and disruption.
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Logitech International (NASDAQ:LOGI) CEO Hanneke Faber said the company’s semipermanent maturation ambitions stay intact adjacent arsenic third-party probe points to a perchance weaker PC shipment situation tied successful portion to representation costs and shortages. Speaking astatine a Bernstein event, Faber reiterated Logitech’s extremity to beryllium a “high single-digit” top-line maturation institution implicit the agelong term, driven by mid-single-digit maturation successful its halfway categories, positive contributions from verticals, adjacencies, and “a small spot of M&A.”

Faber emphasized that Logitech’s halfway peripherals concern is tied much to the planetary installed basal of PCs than to yearly caller portion sales. She cited an estimated 1.5 cardinal to 1.8 cardinal PCs successful usage globally and said connect rates for peripherals stay a important opportunity, noting that “less than 50%” of those users usage a rodent and “less than 30%” usage an outer keyboard.

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Over the past decade, she said Logitech has accrued penetration by “close to a percent point” each twelvemonth arsenic much users follow mice and keyboards, helping the institution outgrow PC portion sales. Asked astir nonstop vulnerability to caller PC sales, she characterized it arsenic “a precise tiny portion,” arguing that selling and innovation assistance thrust upgrades and adoption from the installed basal careless of the PC shipment cycle.

Faber said Logitech has outgrown PCs by astir 300 to 500 ground points implicit the past decade, though not needfully successful a quarter-to-quarter correlation. She attributed the outperformance to 3 superior drivers:

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