Corsair Gaming (NASDAQ:CRSR) Stock Price Target Cut by Barclays

Key Points

• Barclays lowered Corsair Gaming’s price target from $15 to $14 but maintained an “overweight” rating, implying 15.36% upside from the prior close.
• Analyst views are mixed: Corsair has a consensus “hold” rating and an average price target of $12.14.
• Quarterly results beat expectations: revenue rose 6.1% year over year to $367 million and EPS was $0.13 versus a $0.12 consensus; full-year 2026 EPS guidance also came in above analyst expectations.

Corsair Gaming (NASDAQ:CRSR - Get Free Report) had its price target lowered by stock analysts at Barclays from $15.00 to $14.00 in a report issued on Friday, Benzinga reports. The firm presently has an "overweight" rating on the stock. Barclays's price objective would indicate a potential upside of 15.36% from the stock's previous close.

Other analysts have also recently issued reports about the company. Wedbush raised their price target on Corsair Gaming from $8.00 to $13.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. Craig Hallum reaffirmed a "hold" rating on shares of Corsair Gaming in a report on Friday, August 7th. Zacks Research lowered Corsair Gaming from a "strong-buy" rating to a "hold" rating in a report on Friday, October 9th. Wall Street Zen upgraded Corsair Gaming from a "buy" rating to a "strong-buy" rating in a research report on Sunday, November 1st. Finally, Weiss Ratings raised Corsair Gaming from a "sell (d)" rating to a "hold (c-)" rating in a report on Friday, August 21st. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $12.14.

Corsair Gaming Stock Performance

NASDAQ:CRSR traded down $0.66 during mid-day trading on Friday, reaching $12.14. The stock had a trading volume of 834,458 shares, compared to its average volume of 1,986,920. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.04 and a current ratio of 1.75. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 40.48 and a beta of 1.95. Corsair Gaming has a twelve month low of $4.48 and a twelve month high of $14.98. The business has a 50 day simple moving average of $13.17 and a 200 day simple moving average of $9.14.

Corsair Gaming (NASDAQ:CRSR - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.01. Corsair Gaming had a return on equity of 13.10% and a net margin of 2.36%. The company had revenue of $367.03 million for the quarter, compared to analyst estimates of $336.62 million. During the same quarter in the previous year, the company earned $0.06 EPS. The firm's revenue for the quarter was up 6.1% compared to the same quarter last year. 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 expect that Corsair Gaming will post 0.66 earnings per share for the current fiscal year.

Institutional Trading of Corsair Gaming

Several large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Corsair Gaming in the second quarter valued at approximately $75,131,000. Palisade Capital Management LP purchased a new position in shares of Corsair Gaming during the 2nd quarter worth approximately $5,407,000. Landscape Capital Management L.L.C. purchased a new position in shares of Corsair Gaming during the 2nd quarter worth approximately $5,054,000. Bank of America Corp DE acquired a new position in shares of Corsair Gaming during the 2nd quarter worth approximately $3,638,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Corsair Gaming during the 2nd quarter worth approximately $2,867,000. Institutional investors and hedge funds own 25.66% of the company's stock.

More Corsair Gaming News

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

Corsair Gaming Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.