Corsair Gaming (NASDAQ:CRSR – Get Free Report) had its target price cut by investment analysts at Barclays from $15.00 to $14.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s target price would indicate a potential upside of 15.36% from the company’s previous close.
CRSR has been the subject of a number of other reports. Zacks Research downgraded shares of Corsair Gaming from a “strong-buy” rating to a “hold” rating in a report on Friday, October 9th. Weiss Ratings raised shares of Corsair Gaming from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, August 21st. Wedbush raised their target price on shares of Corsair Gaming from $8.00 to $13.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Craig Hallum restated a “hold” rating on shares of Corsair Gaming in a research report on Friday, August 7th. Finally, The Goldman Sachs Group cut shares of Corsair Gaming from a “neutral” rating to a “sell” rating and set a $11.00 target price for the company. in a research note on Wednesday, August 19th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $12.14.
Get Our Latest Analysis on CRSR
Corsair Gaming Price Performance
Corsair Gaming stock traded down $0.66 during midday trading on Friday, reaching $12.14. 834,458 shares of the company were exchanged, compared to its average volume of 1,986,920. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 40.48 and a beta of 1.95. The firm’s 50-day simple moving average is $13.17 and its 200-day simple moving average is $9.14. 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 quick ratio of 1.04 and a current ratio of 1.75.
Corsair Gaming (NASDAQ:CRSR – Get Free Report) last announced its earnings results on Thursday, November 5th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. The firm had revenue of $367.03 million during the quarter, compared to the consensus estimate 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 for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $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, analysts anticipate that Corsair Gaming will post 0.66 EPS for the current year.
Institutional Investors Weigh In On Corsair Gaming
Institutional investors have recently bought and sold shares of the stock. Maryland State Retirement & Pension System acquired a new position in Corsair Gaming during the third quarter worth approximately $137,000. Fulcrum Asset Management LLP purchased a new position in Corsair Gaming during the third quarter worth approximately $204,000. Brighton Jones LLC raised its stake in Corsair Gaming by 13.0% during the third quarter. Brighton Jones LLC now owns 19,342 shares of the company’s stock worth $261,000 after purchasing an additional 2,226 shares during the period. Pictet Asset Management Holding SA acquired a new position in shares of Corsair Gaming in the 3rd quarter valued at $150,000. Finally, Chicago Partners Investment Group LLC boosted its holdings in shares of Corsair Gaming by 9.1% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 12,175 shares of the company’s stock valued at $167,000 after purchasing an additional 1,014 shares during the last quarter. 25.66% of the stock is currently owned by hedge funds and other institutional investors.
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, beating the $336.6 million analyst estimate. EPS of $0.13 also topped the $0.12 consensus and doubled the $0.06 reported a year earlier. Corsair Beats Q3 Guidance as Revenue Grows 6% Year-over-Year
- Positive Sentiment: Full-year 2026 EPS guidance of $0.89–$0.94 is above the $0.85 consensus, while revenue guidance of $1.5 billion exceeds the $1.4 billion estimate. The outlook suggests Corsair expects stronger results than analysts had anticipated. Corsair Q3 and Nine-Month Results
- Neutral Sentiment: Q4 EPS guidance of $0.26–$0.31 brackets the $0.27 consensus; revenue guidance of $420–$450 million also spans the $436.5 million estimate. This points to expectations broadly in line with analysts for the coming quarter. Corsair Earnings Call
- Neutral Sentiment: Corsair introduced Dark Cherry Blossom versions of its TC500 and TC100 gaming chairs, adding themed products to its lineup; the report did not provide expected sales or financial impact. Corsair Launches Gaming Chairs
About Corsair Gaming
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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