Computer peripheral devices manufacturer Logitech International S.A. (LOGI) became one of the first major tech companies to factor in the impact of the tariffs announced by President Donald Trump.

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After the markets closed on Thursday, Lausanne, Switzerland-based Logitech said it withdrew its fiscal year 2026 guidance, given the continuing uncertainty of the tariff environment.

However, the company, which has scheduled its fiscal year fourth-quarter results, for April 29, confirmed its fiscal year 2025 outlook that calls for sales of $4.54 billion to $4.57 billion, representing 5.4%-6.4% growth.

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The company expects the year’s adjusted operating income to come in at $755 million to $770 million.

President Donald Trump’s sweeping tariffs announced last week have cast a cloud on the corporate and consumer spending environment, with imports from Switzerland attracting a levy of 31%.

Trump has since then paused the tariff implementation for 90 days, although the 10% base-level levy is in effect already.

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Media reports said Swiss President Karin Keller-Sutter said Wednesday she had spoken to her U.S. counterpart by telephone about trade and was looking forward to reaching agreements.

Logiotech’s 10-Q report for the third quarter shows that 41% of its revenue came from the Americas, 34% from EMEA and the remaining from the Asia-Pacific region.

On Stocktwits, retail sentiment toward Logitech stock plummeted to ‘extremely bearish’ (0/100) by late Thursday from the ‘neutral’ mood a day ago. The message volume spurted to ‘high’ levels.

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Screenshot 2025-04-11 at 2.38.46 AM.png — LOGI sentiment and message volume as of 2:39 a.m., April 11 | source: Stocktwits

A stock watcher posted the headline regarding the guidance suspension and indicated they were bearish on the stock.

Logitech’s U.S.-listed stock ended Thursday’s session down 5.16% at $70.37. It is down nearly 15% this year. The Koyfin-compiled consensus stock price target is $94.31

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