Shares of Corsair Gaming, Inc. (NASDAQ:CRSR – Get Free Report) have been given a consensus rating of “Hold” by the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $12.14.
A number of equities research analysts have recently issued reports on the stock. Zacks Research lowered shares of Corsair Gaming from a “strong-buy” rating to a “hold” rating in a research note 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 report on Thursday, July 23rd. Roth Capital reissued a “buy” rating and set a $16.00 target price on shares of Corsair Gaming in a research note on Friday, August 7th. Robert W. Baird set a $12.00 price target on shares of Corsair Gaming in a research report on Friday, August 7th. Finally, The Goldman Sachs Group downgraded Corsair Gaming from a “neutral” rating to a “sell” rating and set a $11.00 price target for the company. in a report on Wednesday, August 19th.
View Our Latest Analysis on Corsair Gaming
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, 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
Institutional Trading of Corsair Gaming
Several institutional investors have recently bought and sold shares of CRSR. BlackRock Inc. purchased a new stake in Corsair Gaming in the 2nd quarter worth approximately $75,131,000. Palisade Capital Management LP purchased a new stake in shares of Corsair Gaming in the second quarter worth approximately $5,407,000. Landscape Capital Management L.L.C. bought a new stake in Corsair Gaming in the 2nd quarter worth approximately $5,054,000. Bank of America Corp DE purchased a new position in shares of Corsair Gaming in the second quarter worth $3,638,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Corsair Gaming in the 2nd quarter worth about $2,867,000. 25.66% of the stock is owned by institutional investors and hedge funds.
Corsair Gaming Trading Down 7.5%
NASDAQ CRSR opened at $11.84 on Monday. Corsair Gaming has a 12 month low of $4.48 and a 12 month high of $14.98. The company has a market cap of $1.28 billion, a PE ratio of 32.00 and a beta of 1.95. The company has a current ratio of 1.75, a quick ratio of 1.04 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average of $13.17 and a 200-day moving average of $9.17.
Corsair Gaming (NASDAQ:CRSR – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The company had revenue of $367.03 million during the quarter, compared to analysts’ expectations of $336.62 million. Corsair Gaming had a net margin of 2.36% and a return on equity of 13.10%. The firm’s revenue was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the company 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, equities research analysts anticipate that Corsair Gaming will post 0.66 EPS for the current fiscal year.
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.
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