Corsair Gaming (NASDAQ:CRSR) Shares Gap Up on Strong Earnings

Shares of Corsair Gaming, Inc. (NASDAQ:CRSR) gapped up prior to trading on Friday following a better than expected earnings announcement. The stock had previously closed at $4.58, but opened at $6.48. Corsair Gaming shares last traded at $7.4470, with a volume of 21,090,248 shares traded.

The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.17. Corsair Gaming had a positive return on equity of 3.37% and a negative net margin of 2.46%.The firm had revenue of $436.86 million for the quarter, compared to analysts’ expectations of $422.66 million. During the same period in the prior year, the business posted $0.23 earnings per share. The company’s revenue was up 5.6% on a year-over-year basis.

Key Headlines Impacting Corsair Gaming

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

• Positive Sentiment: Corsair beat expectations for Q4: EPS $0.43 vs. $0.26 est. and revenue $436.9M vs. $422.7M est.; revenue was up 5.6% year-over-year — these results and the company materials (press release/slide deck) are the primary bullish catalyst. MarketBeat Earnings
• Positive Sentiment: Industry analysts continue to show interest in Corsair, with at least one roundup highlighting Corsair as a bullish tech pick — supportive for sentiment and coverage. Globe & Mail
• Neutral Sentiment: B. Riley raised its price target to $7.00 from $6.00 but maintained a “neutral” rating — the PT lift is mildly supportive but the rating signals no conviction for a strong upside. Benzinga
• Neutral Sentiment: Full Q4 earnings call transcript and supplemental slide deck are available for investors who want detail on product, channel, and margin drivers — useful for modeling but informational rather than catalytic. Seeking Alpha Transcript
• Neutral Sentiment: Coverage/compare pieces (e.g., Super Group vs. Corsair) are being published — they expand visibility but don’t change fundamentals immediately. American Banking News
• Neutral Sentiment: Short-interest items were reported but the public data in these notices appears inconsistent (zeros/NaN); nothing actionable from the reported figures.
• Negative Sentiment: Corsair trimmed FY‑2026 revenue guidance to about $1.3–$1.5 billion versus a ~$1.6 billion street consensus — this guidance shortfall is the primary bearish factor and likely capped upside despite the quarterly beat.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CRSR. Macquarie Infrastructure reduced their price target on shares of Corsair Gaming from $12.00 to $10.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. B. Riley Securities boosted their target price on Corsair Gaming from $6.00 to $7.00 and gave the stock a “neutral” rating in a research report on Friday. Wedbush decreased their target price on Corsair Gaming from $9.00 to $7.00 and set an “outperform” rating on the stock in a research note on Friday, February 6th. Barclays reiterated an “overweight” rating and set a $8.00 price target on shares of Corsair Gaming in a research report on Friday. Finally, Wall Street Zen upgraded shares of Corsair Gaming from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Corsair Gaming currently has an average rating of “Hold” and a consensus target price of $8.44.

Insider Transactions at Corsair Gaming

In other news, CEO Thi L. La acquired 50,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was purchased at an average cost of $6.10 per share, for a total transaction of $305,000.00. Following the acquisition, the chief executive officer owned 480,726 shares of the company’s stock, valued at $2,932,428.60. This trade represents a 11.61% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 58.38% of the stock is currently owned by company insiders.

Institutional Trading of Corsair Gaming

Hedge funds have recently bought and sold shares of the company. Ameritas Investment Partners Inc. raised its stake in shares of Corsair Gaming by 30.7% during the second quarter. Ameritas Investment Partners Inc. now owns 4,765 shares of the company’s stock worth $45,000 after acquiring an additional 1,120 shares in the last quarter. Virtus Advisers LLC purchased a new position in Corsair Gaming in the 2nd quarter worth $45,000. Tower Research Capital LLC TRC lifted its stake in Corsair Gaming by 245.9% in the second quarter. Tower Research Capital LLC TRC now owns 5,178 shares of the company’s stock worth $49,000 after purchasing an additional 3,681 shares during the last quarter. BNP Paribas Financial Markets boosted its position in Corsair Gaming by 24.7% during the second quarter. BNP Paribas Financial Markets now owns 7,819 shares of the company’s stock valued at $74,000 after buying an additional 1,551 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in shares of Corsair Gaming by 70.6% during the second quarter. PNC Financial Services Group Inc. now owns 8,632 shares of the company’s stock valued at $81,000 after buying an additional 3,571 shares during the last quarter. Institutional investors own 25.66% of the company’s stock.

Corsair Gaming Stock Performance

The stock has a market cap of $806.10 million, a PE ratio of -22.25 and a beta of 1.55. The company has a fifty day moving average price of $5.75 and a 200 day moving average price of $7.22. The company has a quick ratio of 0.72, a current ratio of 1.48 and a debt-to-equity ratio of 0.19.

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.