Corsair Gaming (NASDAQ:CRSR) Stock Price Target Lowered at Barclays

Corsair Gaming (NASDAQ:CRSR) had its target price reduced by Barclays from $15.00 to $14.00 in a research note released on Friday morning,Benzinga reports. They currently have an overweight rating on the stock.

CRSR has been the topic of several other research reports. Craig Hallum reissued a “hold” rating on shares of Corsair Gaming in a research note on Friday, August 7th. Roth Capital reaffirmed a “buy” rating and set a $16.00 price objective on shares of Corsair Gaming in a research report on Friday, August 7th. Wall Street Zen raised Corsair Gaming from a “buy” rating to a “strong-buy” rating in a research report on Sunday, November 1st. Wedbush lifted their target price on Corsair Gaming from $8.00 to $13.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, Zacks Research cut Corsair Gaming from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $12.14.

Corsair Gaming Stock Down 7.5%

Shares of CRSR stock traded down $0.96 during trading hours on Friday, hitting $11.84. 2,787,980 shares of the company were exchanged, compared to its average volume of 1,128,372. The business has a 50 day moving average of $13.17 and a two-hundred day moving average of $9.17. The company has a current ratio of 1.75, a quick ratio of 1.04 and a debt-to-equity ratio of 0.17. Corsair Gaming has a 52 week low of $4.48 and a 52 week high of $14.98. The company has a market capitalization of $1.28 billion, a PE ratio of 32.00 and a beta of 1.95.

Corsair Gaming (NASDAQ:CRSR) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The business had revenue of $367.03 million for the quarter, compared to analyst estimates of $336.62 million. Corsair Gaming had a net margin of 2.36% and a return on equity of 13.10%. The firm’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period last year, the business posted $0.06 earnings per share. 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. Analysts anticipate that Corsair Gaming will post 0.66 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Corsair Gaming

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of Corsair Gaming in the second quarter valued at $75,131,000. Palisade Capital Management LP bought a new stake in Corsair Gaming during the second quarter worth $5,407,000. Landscape Capital Management L.L.C. bought a new stake in Corsair Gaming during the second quarter worth $5,054,000. Bank of America Corp DE bought a new stake in Corsair Gaming during the second quarter worth $3,638,000. Finally, Bank of New York Mellon Corp acquired a new stake in Corsair Gaming in the second quarter valued at $2,867,000. Institutional investors own 25.66% of the company’s stock.

Key Corsair Gaming News

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, above the $336.6 million consensus, while EPS of $0.13 narrowly beat the $0.12 estimate. Corsair Q3 results
• Positive Sentiment: Full-year 2026 EPS guidance was raised to $0.89–$0.94, above the $0.85 consensus, and revenue guidance of $1.5 billion also topped analysts’ $1.4 billion estimate. Corsair guidance
• Positive Sentiment: Barclays maintained an “overweight” rating and its revised $14 target implies about 18% upside from the cited $11.84 price, despite lowering the target from $15. Barclays rating information
• Neutral Sentiment: Q4 guidance brackets consensus: EPS of $0.26–$0.31 versus $0.27 expected, and revenue of $420–$450 million versus $436.5 million expected. Corsair Q4 guidance
• Neutral Sentiment: Corsair introduced Dark Cherry Blossom versions of its TC500 and TC100 gaming chairs; the product launch may add to its lineup, but no expected financial impact was reported. Gaming chair launch
• Negative Sentiment: Barclays’ price-target cut from $15 to $14 is a modest negative signal, although the firm kept its overweight rating. Barclays rating information

Corsair Gaming Company Profile

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.