Corsair Gaming, Inc. (NASDAQ:CRSR) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Corsair Gaming has a consensus analyst rating of “Hold” from seven covering firms, with an average 12-month price target of about $8.33.
• The company recently posted better-than-expected quarterly results, reporting EPS of $0.27 versus $0.18 expected and revenue of $354.51 million versus $351.58 million estimated.
• Several brokerages turned more constructive on the stock, including Wedbush and Craig Hallum raising price targets, while Corsair also issued FY2026 revenue guidance of $1.3 billion to $1.5 billion.

Corsair Gaming, Inc. (NASDAQ:CRSR - Get Free Report) has been given an average recommendation of "Hold" by the seven research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $8.3333.

A number of research analysts recently weighed in on the stock. Robert W. Baird set a $6.00 target price on shares of Corsair Gaming in a research note on Friday, February 13th. Wall Street Zen cut shares of Corsair Gaming from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Zacks Research cut shares of Corsair Gaming from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 13th. Barclays restated an "overweight" rating and set a $9.00 target price on shares of Corsair Gaming in a research note on Friday. Finally, B. Riley Financial lifted their target price on shares of Corsair Gaming from $6.00 to $7.00 and gave the company a "neutral" rating in a research note on Friday, February 13th.

Corsair Gaming Stock Performance

Shares of CRSR stock opened at $7.88 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.74 and a quick ratio of 0.95. Corsair Gaming has a 1 year low of $4.48 and a 1 year high of $10.29. The firm has a fifty day moving average price of $5.94 and a 200-day moving average price of $6.10. The company has a market cap of $842.21 million, a price-to-earnings ratio of 98.51 and a beta of 1.59.

Corsair Gaming (NASDAQ:CRSR - Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.09. Corsair Gaming had a net margin of 0.71% and a return on equity of 9.71%. The company had revenue of $354.51 million for the quarter, compared to analysts' expectations of $351.58 million. During the same quarter in the previous year, the company earned $0.11 EPS. Corsair Gaming's revenue for the quarter was down 4.1% on a year-over-year basis. As a group, equities analysts predict that Corsair Gaming will post 0.41 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Kemnay Advisory Services Inc. purchased a new stake in Corsair Gaming in the 4th quarter worth $37,000. Tower Research Capital LLC TRC lifted its stake in Corsair Gaming by 245.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,178 shares of the company's stock worth $49,000 after purchasing an additional 3,681 shares in the last quarter. R Squared Ltd purchased a new stake in Corsair Gaming in the 1st quarter worth $58,000. Mercer Global Advisors Inc. ADV purchased a new stake in Corsair Gaming in the 4th quarter worth $62,000. Finally, Fifth Third Bancorp lifted its stake in Corsair Gaming by 3,805.4% in the 1st quarter. Fifth Third Bancorp now owns 11,677 shares of the company's stock worth $65,000 after purchasing an additional 11,378 shares in the last quarter. Hedge funds and other institutional investors own 25.66% of the company's stock.

Corsair Gaming News Roundup

Here are the key news stories impacting Corsair Gaming this week:

• Positive Sentiment: Wedbush raised its price target on Corsair Gaming to $8.00 from $7.00 and reiterated an outperform rating, signaling modest upside from recent trading levels. Benzinga
• Positive Sentiment: Craig Hallum increased its price target to $10.00 from $8.00 and maintained a buy rating, reflecting stronger confidence in Corsair’s growth and profitability outlook. Finviz
• Positive Sentiment: Corsair reported first-quarter earnings that beat expectations, with EPS of $0.27 versus $0.18 expected and revenue of $354.51 million versus $352.36 million expected, which helped reinforce the bullish reaction. MarketBeat Earnings Report
• Neutral Sentiment: The company also issued FY2026 revenue guidance of $1.3 billion to $1.5 billion, broadly framing investor expectations around the next year’s growth trajectory. Press Release

About Corsair Gaming

Corsair Gaming, Inc, headquartered in Fremont, California, is a leading manufacturer of high-performance gaming peripherals and PC components. Since its founding in 1994 by Andy Paul, Don Lieberman and John Beekley as Corsair Microsystems, the company has evolved from producing memory modules to a broad portfolio of gaming hardware. Its product range includes gaming keyboards, mice, headsets, PC chassis, power supplies, cooling solutions, memory modules, solid-state drives and streaming accessories under brands such as Corsair, Elgato and SCUF Gaming.

The company's solutions cater to PC enthusiasts, competitive gamers and content creators, offering hardware and integrated software designed to optimize performance and user experience.

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