Corsair Gaming, Inc. (NASDAQ:CRSR) Stock Has Consensus Target Price of $12.00 According to Analysts

Key Points

• Analysts have a “Moderate Buy” consensus on Corsair Gaming, with nine brokerages issuing an average 12-month price target of $12.00. Ratings include four buys, one strong buy, three holds and one sell.
• Corsair’s latest quarterly results exceeded expectations, with earnings per share of $0.23 versus the $0.07 consensus and revenue of $314.33 million, although revenue declined 1.8% year over year.
• The stock opened at $13.59 and has traded between $4.48 and $14.98 over the past year. Institutional and hedge-fund investors own approximately 25.66% of the company, with several firms recently initiating positions.

Shares of Corsair Gaming, Inc. (NASDAQ:CRSR - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the nine brokerages that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $12.00.

Several research firms recently issued reports on CRSR. Wall Street Zen raised Corsair Gaming from a "buy" rating to a "strong-buy" rating in a research report on Saturday, September 19th. Wedbush lifted their target price on Corsair Gaming from $8.00 to $13.00 and gave the stock an "outperform" rating in a report on Monday, August 3rd. Robert W. Baird set a $12.00 price target on Corsair Gaming in a research note on Friday, August 7th. Craig Hallum reaffirmed a "hold" rating on shares of Corsair Gaming in a report on Friday, August 7th. Finally, Zacks Research raised Corsair Gaming from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 7th.

Corsair Gaming Stock Performance

Shares of Corsair Gaming stock opened at $13.59 on Thursday. Corsair Gaming has a 1 year low of $4.48 and a 1 year high of $14.98. The firm's 50-day moving average is $12.59 and its 200 day moving average is $9.61. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 45.30 and a beta of 1.86. 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 - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.16. Corsair Gaming had a net margin of 2.36% and a return on equity of 13.10%. The business had revenue of $314.33 million during the quarter, compared to analyst estimates of $310.47 million. During the same period last year, the business earned $0.01 EPS. Corsair Gaming'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. Sell-side analysts anticipate that Corsair Gaming will post 0.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CRSR. Quantbot Technologies LP purchased a new stake in Corsair Gaming during the 2nd quarter valued at $56,000. Allworth Financial LP bought a new position in shares of Corsair Gaming during the 2nd quarter valued at $62,000. Integrated Wealth Concepts LLC purchased a new position in shares of Corsair Gaming in the 2nd quarter worth $65,000. Meeder Asset Management Inc. purchased a new position in shares of Corsair Gaming in the 2nd quarter worth $69,000. Finally, Cetera Investment Advisers bought a new stake in shares of Corsair Gaming in the first quarter worth $56,000. 25.66% of the stock is owned by hedge funds and other institutional investors.

About Corsair Gaming

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.

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