Corsair Gaming (CRSR) to Release Quarterly Earnings on Tuesday

Corsair Gaming (NASDAQ:CRSR - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Tuesday, May 6th. Analysts expect Corsair Gaming to post earnings of $0.13 per share and revenue of $366.20 million for the quarter. Corsair Gaming has set its FY 2025 guidance at EPS.

Corsair Gaming (NASDAQ:CRSR - Get Free Report) last announced its earnings results on Wednesday, February 12th. The company reported $0.16 earnings per share for the quarter, meeting the consensus estimate of $0.16. Corsair Gaming had a negative net margin of 7.53% and a negative return on equity of 4.62%. On average, analysts expect Corsair Gaming to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Corsair Gaming Stock Up 3.1 %

Shares of CRSR traded up $0.22 during midday trading on Friday, hitting $7.24. 549,223 shares of the company's stock traded hands, compared to its average volume of 712,987. The firm's fifty day moving average is $8.58 and its 200-day moving average is $8.20. The company has a current ratio of 1.57, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27. Corsair Gaming has a 1 year low of $5.60 and a 1 year high of $13.02. The stock has a market capitalization of $759.15 million, a price-to-earnings ratio of -7.62 and a beta of 1.68.

Analyst Ratings Changes

Several equities analysts recently commented on CRSR shares. Wedbush reaffirmed an "outperform" rating and issued a $12.00 price objective (up from $10.00) on shares of Corsair Gaming in a research report on Wednesday, February 5th. Barclays lifted their price objective on shares of Corsair Gaming from $9.00 to $12.00 and gave the stock an "overweight" rating in a research note on Thursday, February 13th. Finally, Robert W. Baird boosted their price objective on shares of Corsair Gaming from $8.00 to $11.00 and gave the company a "neutral" rating in a report on Thursday, February 13th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $10.14.

Insider Activity

In related news, CFO Michael G. Potter sold 4,124 shares of the firm's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $10.08, for a total transaction of $41,569.92. Following the completion of the transaction, the chief financial officer now owns 125,650 shares of the company's stock, valued at $1,266,552. This trade represents a 3.18 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 58.89% of the company's stock.

Corsair Gaming Company Profile

Corsair Gaming, Inc, together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products.