Corsair Gaming (NASDAQ:CRSR) Updates FY 2026 Earnings Guidance

Key Points

• Corsair Gaming raised its FY 2026 outlook, projecting EPS of $0.85–$0.94 versus the $0.66 analyst consensus. Revenue guidance is $1.4–$1.5 billion, while Q3 EPS guidance is $0.09–$0.12.
• The company’s latest quarterly results exceeded expectations, with EPS of $0.23 versus the $0.07 consensus and revenue of $314.33 million versus estimates of $310.47 million.
• CRSR shares traded at $10.61, and analysts maintain a consensus “Moderate Buy” rating with an average price target of $10.29. Institutional investors own 25.66% of the company.

Corsair Gaming (NASDAQ:CRSR - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.850-0.940 for the period, compared to the consensus estimate of 0.660. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion. Corsair Gaming also updated its Q3 2026 guidance to 0.090-0.120 EPS.

Corsair Gaming Stock Performance

CRSR stock traded down $0.59 during mid-day trading on Thursday, hitting $10.61. 2,457,507 shares of the company were exchanged, compared to its average volume of 2,223,891. The business has a 50 day simple moving average of $9.66 and a 200-day simple moving average of $7.30. The company has a current ratio of 1.74, a quick ratio of 0.95 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $1.13 billion, a PE ratio of 132.64 and a beta of 1.85. Corsair Gaming has a 1-year low of $4.48 and a 1-year high of $13.10.

Corsair Gaming (NASDAQ:CRSR - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.16. Corsair Gaming had a return on equity of 9.71% and a net margin of 0.71%.The company had revenue of $314.33 million during the quarter, compared to analysts' expectations of $310.47 million. 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. On average, equities analysts forecast that Corsair Gaming will post 0.48 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently issued reports on CRSR. Roth Capital initiated coverage on Corsair Gaming in a research note on Wednesday, July 22nd. They issued a "buy" rating and a $15.00 price target for the company. Zacks Research upgraded Corsair Gaming from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 7th. B. Riley Financial lifted their target price on Corsair Gaming from $7.50 to $9.00 and gave the stock a "neutral" rating in a report on Thursday, July 23rd. Wall Street Zen raised Corsair Gaming from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 20th. Finally, Weiss Ratings upgraded shares of Corsair Gaming from a "sell (e+)" rating to a "sell (d)" rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Corsair Gaming currently has a consensus rating of "Moderate Buy" and an average price target of $10.29.

Institutional Investors Weigh In On Corsair Gaming

A number of large investors have recently added to or reduced their stakes in CRSR. Invesco Ltd. increased its holdings in Corsair Gaming by 144.4% in the 4th quarter. Invesco Ltd. now owns 1,330,581 shares of the company's stock valued at $7,904,000 after buying an additional 786,049 shares during the period. Millennium Management LLC lifted its holdings in shares of Corsair Gaming by 506.2% during the 4th quarter. Millennium Management LLC now owns 635,798 shares of the company's stock worth $3,777,000 after acquiring an additional 530,914 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Corsair Gaming during the 3rd quarter worth approximately $3,877,000. AQR Capital Management LLC boosted its position in shares of Corsair Gaming by 328.9% during the 2nd quarter. AQR Capital Management LLC now owns 397,881 shares of the company's stock worth $3,752,000 after acquiring an additional 305,103 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Corsair Gaming during the 3rd quarter worth approximately $2,555,000. Institutional investors and hedge funds own 25.66% of the company's stock.

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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