Corsair Gaming, Inc. (NASDAQ:CRSR) Receives Average Rating of “Moderate Buy” from Analysts

Corsair Gaming, Inc. (NASDAQ:CRSR) has been given a consensus rating of “Moderate Buy” by the nine research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $12.00.

Several equities analysts have commented on the company. Craig Hallum reaffirmed a “hold” rating on shares of Corsair Gaming in a report on Friday, August 7th. Roth Capital reissued a “buy” rating and set a $16.00 price objective on shares of Corsair Gaming in a report on Friday, August 7th. The Goldman Sachs Group lowered 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. Zacks Research raised Corsair Gaming from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. Finally, 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 report on Monday, August 10th.

Institutional Trading of Corsair Gaming

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC acquired a new stake in Corsair Gaming during the second quarter valued at approximately $65,000. Squarepoint Ops LLC raised its holdings in shares of Corsair Gaming by 601.1% in the 2nd quarter. Squarepoint Ops LLC now owns 129,513 shares of the company’s stock worth $1,252,000 after buying an additional 111,039 shares in the last quarter. Spark Investment Management LLC bought a new position in shares of Corsair Gaming during the 2nd quarter worth approximately $185,000. Allworth Financial LP lifted its position in shares of Corsair Gaming by 71.4% during the 2nd quarter. Allworth Financial LP now owns 6,416 shares of the company’s stock worth $62,000 after buying an additional 2,673 shares during the period. Finally, Waverly Advisors LLC bought a new position in shares of Corsair Gaming during the 2nd quarter worth approximately $144,000. Institutional investors own 25.66% of the company’s stock.

Corsair Gaming Price Performance

Shares of Corsair Gaming stock opened at $13.38 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.75 and a quick ratio of 1.04. The company has a market cap of $1.45 billion, a PE ratio of 44.60 and a beta of 1.88. The firm has a fifty day moving average price of $11.63 and a two-hundred day moving average price of $8.86. Corsair Gaming has a fifty-two week low of $4.48 and a fifty-two week high of $14.98.

Corsair Gaming (NASDAQ:CRSR) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.16. Corsair Gaming had a net margin of 2.36% and a return on equity of 13.10%. The company had revenue of $314.33 million for the quarter, compared to the consensus estimate of $310.47 million. During the same quarter in the previous year, the firm posted $0.01 EPS. The business’s revenue was down 1.8% compared to the same quarter last year. 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. Analysts expect that Corsair Gaming will post 0.66 EPS for the current year.

About Corsair Gaming

Corsair Gaming, Inc develops and sells hardware, peripherals, and accessories for gamers, content creators, and PC enthusiasts. Its product portfolio includes computer components such as memory, power supplies, cooling systems, storage products, and PC cases, as well as gaming keyboards, mice, headsets, controllers, and other accessories.

The company also provides products and software for streaming and content creation through its Elgato brand, including capture devices, lighting, microphones, control interfaces, and related tools.