Corsair Gaming, Inc. (CRSR) – What Are Investment Firms Thinking About This Stock?

Shares of Corsair Gaming, Inc. (NASDAQ:CRSR) have earned an average recommendation of “Moderate Buy” from the nine research firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $12.00.

A number of equities analysts have commented on the company. Craig Hallum reissued a “hold” rating on shares of Corsair Gaming in a report on Friday, August 7th. Wedbush upped their price target on Corsair Gaming from $8.00 to $13.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Barclays boosted their price target on shares of Corsair Gaming from $9.00 to $15.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Roth Capital restated a “buy” rating and set a $16.00 price target on shares of Corsair Gaming in a research report on Friday, August 7th. Finally, Wall Street Zen raised shares of Corsair Gaming from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 19th.

Corsair Gaming Stock Down 0.6%

NASDAQ:CRSR opened at $13.55 on Thursday. The firm has a market capitalization of $1.47 billion, a P/E ratio of 45.17 and a beta of 1.86. The company’s fifty day moving average price is $12.75 and its 200-day moving average price is $9.77. Corsair Gaming has a 1-year low of $4.48 and a 1-year high of $14.98. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.75 and a quick ratio of 1.04.

Corsair Gaming (NASDAQ:CRSR) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.16. The company had revenue of $314.33 million during the quarter, compared to the consensus estimate of $310.47 million. Corsair Gaming had a return on equity of 13.10% and a net margin of 2.36%. Corsair Gaming’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.01 earnings per share. 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. As a group, equities research analysts anticipate that Corsair Gaming will post 0.66 EPS for the current year.

Institutional Investors Weigh In On Corsair Gaming

Hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Corsair Gaming in the second quarter valued at about $75,131,000. Palisade Capital Management LP purchased a new position in Corsair Gaming in the 2nd quarter valued at $5,407,000. Landscape Capital Management L.L.C. acquired a new position in shares of Corsair Gaming during the second quarter worth about $5,054,000. Bank of America Corp DE acquired a new position in Corsair Gaming during the 2nd quarter worth approximately $3,638,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Corsair Gaming in the 2nd quarter valued at approximately $2,867,000. 25.66% of the stock is currently owned by institutional investors and hedge funds.

Corsair Gaming Company Profile

Corsair Gaming, Inc is a technology company that develops and sells products for gamers, content creators and PC enthusiasts. Its portfolio includes computer components such as memory, power supplies, cooling systems, storage products and computer cases, along with prebuilt gaming PCs and other system components.

The company also offers gaming peripherals, including keyboards, mice, headsets, controllers and streaming accessories. Through its Elgato brand, Corsair provides hardware and software for content creation and live streaming, while its SCUF brand focuses on performance-oriented gaming controllers.