Jul. 29 at 9:29 PM
$LOGI LOGI closed at
$93.76 after a Q1 FY26 beat (
$1.26 EPS on
$1.148B sales vs.
$0.95–
$1.08 EPS on
$1.13B), but the risk/reward setup looks skewed. Heavy reliance on China manufacturing exposes it to U.S.-China tensions and fresh tariffs inflating costs. A 10% U.S. price hike may backfire, denting demand for peripherals. China's slowdown, yuan drop, and volatility compound risks. Technically, the chart’s flashing red: the 40-week MA slopes down, MACD is negative —
$60 isn’t far-fetched. Consumers may tighten wallets on gaming gear and webcams. Competition in video conferencing and gaming accessories threatens margins. BofA’s
$74 target (5/19/25) implies 21% downside. Q2 guide (
$1.145–
$1.19B) is uninspiring. Earnings beat or not — tariff fears and macro clouds hover. Be safe out there, kids. These are treacherous times on a top-heavy chart. No real AH juice in this inflated paper. Ease off the kool-aid — the risk's real.
