Analysts Set Corsair Gaming, Inc. (NASDAQ:CRSR) PT at $12.14

Shares of Corsair Gaming, Inc. (NASDAQ:CRSR) have earned a consensus rating of “Moderate Buy” from the nine brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $12.00.

A number of equities research analysts have weighed in on the stock. The Goldman Sachs Group cut shares of Corsair Gaming from a “neutral” rating to a “sell” rating and set a $11.00 price objective on the stock. in a report on Wednesday. Barclays lifted their target price on shares of Corsair Gaming from $9.00 to $15.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Wall Street Zen raised Corsair Gaming from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 20th. Wedbush upped their price target on Corsair Gaming from $8.00 to $13.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Finally, Robert W. Baird set a $12.00 price target on Corsair Gaming in a research note on Friday, August 7th.

Institutional Investors Weigh In On Corsair Gaming

A number of institutional investors have recently modified their holdings of CRSR. First Trust Advisors LP bought a new position in shares of Corsair Gaming in the first quarter worth approximately $606,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Corsair Gaming by 160.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 123,537 shares of the company’s stock valued at $686,000 after buying an additional 76,054 shares during the last quarter. Landscape Capital Management L.L.C. purchased a new stake in shares of Corsair Gaming during the second quarter valued at approximately $5,054,000. GSA Capital Partners LLP bought a new stake in shares of Corsair Gaming during the second quarter valued at approximately $2,359,000. Finally, Nano Cap New Millennium Growth Fund L P bought a new stake in shares of Corsair Gaming during the fourth quarter valued at approximately $1,158,000. 25.66% of the stock is owned by hedge funds and other institutional investors.

Corsair Gaming Stock Performance

Shares of CRSR stock opened at $10.93 on Wednesday. Corsair Gaming has a 12 month low of $4.48 and a 12 month high of $14.98. The stock has a market cap of $1.18 billion, a PE ratio of 36.43 and a beta of 1.85. 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 company’s fifty day moving average price is $10.23 and its 200-day moving average price is $7.89.

Corsair Gaming (NASDAQ:CRSR) last released its earnings results on Thursday, August 6th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.16. The firm had revenue of $314.33 million for the quarter, compared to the consensus estimate of $310.47 million. Corsair Gaming had a net margin of 2.36% and a return on equity of 13.10%. The company’s revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.01 EPS. Corsair Gaming has set its FY 2026 guidance at 0.850-0.940 EPS and its Q3 2026 guidance at 0.090-0.120 EPS. On average, equities analysts expect that Corsair Gaming will post 0.66 EPS for the current fiscal year.

About Corsair Gaming

Corsair Gaming, Inc, headquartered in Fremont, California, is a leading manufacturer of high-performance gaming peripherals and PC components. Since its founding in 1994 by Andy Paul, Don Lieberman and John Beekley as Corsair Microsystems, the company has evolved from producing memory modules to a broad portfolio of gaming hardware. Its product range includes gaming keyboards, mice, headsets, PC chassis, power supplies, cooling solutions, memory modules, solid-state drives and streaming accessories under brands such as Corsair, Elgato and SCUF Gaming.

The company’s solutions cater to PC enthusiasts, competitive gamers and content creators, offering hardware and integrated software designed to optimize performance and user experience.