Corsair Gaming (NASDAQ:CRSR) Shares Gap Down – Here’s Why

Corsair Gaming, Inc. (NASDAQ:CRSR)’s share price gapped down before the market opened on Friday. The stock had previously closed at $12.80, but opened at $11.10. Corsair Gaming shares last traded at $12.6730, with a volume of 272,061 shares trading hands.

Corsair Gaming News Summary

Here are the key news stories impacting Corsair Gaming this week:

• Positive Sentiment: Q3 revenue rose 6.1% year over year to $367.0 million, beating the $336.6 million analyst estimate. EPS of $0.13 also topped the $0.12 consensus and doubled the $0.06 reported a year earlier. Corsair Beats Q3 Guidance as Revenue Grows 6% Year-over-Year
• Positive Sentiment: Full-year 2026 EPS guidance of $0.89–$0.94 is above the $0.85 consensus, while revenue guidance of $1.5 billion exceeds the $1.4 billion estimate. The outlook suggests Corsair expects stronger results than analysts had anticipated. Corsair Q3 and Nine-Month Results
• Neutral Sentiment: Q4 EPS guidance of $0.26–$0.31 brackets the $0.27 consensus; revenue guidance of $420–$450 million also spans the $436.5 million estimate. This points to expectations broadly in line with analysts for the coming quarter. Corsair Earnings Call
• Neutral Sentiment: Corsair introduced Dark Cherry Blossom versions of its TC500 and TC100 gaming chairs, adding themed products to its lineup; the report did not provide expected sales or financial impact. Corsair Launches Gaming Chairs

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CRSR shares. Zacks Research downgraded shares of Corsair Gaming from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. B. Riley Financial increased their price target on shares of Corsair Gaming from $7.50 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Weiss Ratings upgraded shares of Corsair Gaming from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, August 21st. Barclays lifted their price target on shares of Corsair Gaming from $9.00 to $15.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Finally, Wedbush boosted their price objective on shares of Corsair Gaming from $8.00 to $13.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $12.29.

Corsair Gaming Price Performance

The firm has a 50 day moving average price of $13.17 and a 200 day moving average price of $9.14. The company has a quick ratio of 1.04, a current ratio of 1.75 and a debt-to-equity ratio of 0.17. The stock has a market cap of $1.31 billion, a P/E ratio of 40.55 and a beta of 1.95.

Corsair Gaming (NASDAQ:CRSR) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The firm had revenue of $367.03 million for the quarter, compared to analysts’ expectations of $336.62 million. Corsair Gaming had a return on equity of 13.10% and a net margin of 2.36%. The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.06 EPS. Corsair Gaming has set its FY 2026 guidance at 0.890-0.940 EPS and its Q4 2026 guidance at 0.260-0.310 EPS. On average, analysts forecast that Corsair Gaming, Inc. will post 0.66 EPS for the current fiscal year.

Institutional Trading of Corsair Gaming

Hedge funds and other institutional investors have recently modified their holdings of the company. Quantbot Technologies LP bought a new stake in Corsair Gaming during the second quarter valued at about $56,000. Allworth Financial LP purchased a new position in shares of Corsair Gaming in the second quarter valued at about $62,000. GAMMA Investing LLC lifted its position in shares of Corsair Gaming by 31.8% in the third quarter. GAMMA Investing LLC now owns 6,731 shares of the company’s stock valued at $91,000 after acquiring an additional 1,623 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Corsair Gaming in the second quarter worth about $65,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Corsair Gaming in the second quarter worth about $69,000. 25.66% of the stock is owned by hedge funds and other institutional investors.

About Corsair Gaming

Corsair Gaming, Inc develops and sells hardware, peripherals, systems and accessories for gamers, content creators and PC enthusiasts. Its product portfolio includes keyboards, mice, headsets, streaming equipment, gaming furniture, computer components, custom-built PCs and related software.

The company markets products under the Corsair brand and through brands including Elgato, SCUF Gaming, ORIGIN PC and Drop. Elgato focuses on tools for content creation and live streaming, SCUF Gaming produces customizable game controllers, ORIGIN PC builds custom gaming computers, and Drop offers enthusiast-oriented mechanical keyboards and other computer accessories.

Founded in 1994, Corsair serves customers globally through retailers, distributors, online marketplaces and its direct-to-consumer websites.