Corsair Gaming (NASDAQ:CRSR – Get Free Report) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.090-0.120 for the period, compared to the consensus estimate of 0.100. The company issued revenue guidance of $320.0 million-$350.0 million, compared to the consensus revenue estimate of $332.2 million. Corsair Gaming also updated its FY 2026 guidance to 0.850-0.940 EPS.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on CRSR shares. Zacks Research raised Corsair Gaming from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Wall Street Zen upgraded shares of Corsair Gaming from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 20th. Weiss Ratings raised Corsair Gaming from a “sell (e+)” rating to a “sell (d)” rating in a research note on Monday, May 11th. Wedbush increased their price objective on Corsair Gaming from $8.00 to $13.00 and gave the stock an “outperform” rating in a report on Monday. Finally, B. Riley Financial boosted their target price on Corsair Gaming from $7.50 to $9.00 and gave the company a “neutral” rating in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Corsair Gaming presently has an average rating of “Moderate Buy” and a consensus target price of $10.29.
Check Out Our Latest Analysis on CRSR
Corsair Gaming Price Performance
Corsair Gaming (NASDAQ:CRSR – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.16. Corsair Gaming had a return on equity of 9.71% and a net margin of 0.71%.The firm had revenue of $314.33 million for the quarter, compared to analyst estimates of $310.47 million. During the same period in the prior year, the firm posted $0.01 EPS. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. 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. Equities research analysts predict that Corsair Gaming will post 0.48 earnings per share for the current year.
Institutional Investors Weigh In On Corsair Gaming
A number of institutional investors have recently made changes to their positions in CRSR. Tower Research Capital LLC TRC boosted its holdings 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 valued at $49,000 after acquiring an additional 3,681 shares during the last quarter. Kemnay Advisory Services Inc. bought a new position in shares of Corsair Gaming during the 4th quarter worth approximately $37,000. BNP Paribas Financial Markets grew its holdings in Corsair Gaming by 24.7% in the second quarter. BNP Paribas Financial Markets now owns 7,819 shares of the company’s stock worth $74,000 after purchasing an additional 1,551 shares during the period. Lazard Asset Management LLC bought a new position in shares of Corsair Gaming during the 2nd quarter worth about $97,000. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in shares of Corsair Gaming in the 4th quarter valued at about $62,000. Institutional investors own 25.66% of the company’s stock.
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.
Read More
- Five stocks we like better than Corsair Gaming
- No Hangover: Revisiting Microsoft One Week After Earnings
- Western Digital Stock Falls 12% Despite Beating Earnings Estimates
- One Comment on CVS’s Earnings Call Sent the Stock Tumbling
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
Receive News & Ratings for Corsair Gaming Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corsair Gaming and related companies with MarketBeat.com's FREE daily email newsletter.
