Corsair Gaming (NASDAQ:CRSR) Updates Q3 2026 Earnings Guidance

Key Points

• Corsair Gaming issued Q3 2026 guidance for EPS of $0.09–$0.12 and revenue of $320 million–$350 million, broadly in line with analyst expectations. Full-year 2026 EPS guidance is $0.85–$0.94.
• The company’s latest quarter exceeded expectations, with EPS of $0.23 versus the $0.07 consensus estimate and revenue of $314.33 million versus $310.47 million expected.
• Analyst sentiment remains positive overall, with a consensus rating of “Moderate Buy” and an average price target of $10.29, while shares recently traded at $10.61 after declining $0.59.

Corsair Gaming (NASDAQ:CRSR - Get Free Report) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.090-0.120 for the period, compared to the consensus EPS estimate of 0.100. The company issued revenue guidance of $320.0 million-$350.0 million, compared to the consensus revenue estimate of $332.2 million. Corsair Gaming also updated its FY 2026 guidance to 0.850-0.940 EPS.

Analyst Ratings Changes

Several equities research analysts have recently commented on CRSR shares. Weiss Ratings upgraded Corsair Gaming from a "sell (e+)" rating to a "sell (d)" rating in a research note on Monday, May 11th. Wedbush lifted their target price on Corsair Gaming from $8.00 to $13.00 and gave the company an "outperform" rating in a research report on Monday. Roth Capital initiated coverage on Corsair Gaming in a report on Wednesday, July 22nd. They set a "buy" rating and a $15.00 price target for the company. B. Riley Financial upped their price target on Corsair Gaming from $7.50 to $9.00 and gave the stock a "neutral" rating in a research report on Thursday, July 23rd. Finally, Craig Hallum reaffirmed a "hold" rating and issued a $10.00 price objective on shares of Corsair Gaming in a research note on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $10.29.

Corsair Gaming Price Performance

Shares of NASDAQ CRSR traded down $0.59 during midday trading on Thursday, reaching $10.61. The stock had a trading volume of 2,457,507 shares, compared to its average volume of 2,223,891. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 132.64 and a beta of 1.85. Corsair Gaming has a 12-month low of $4.48 and a 12-month high of $13.10. The stock has a 50-day moving average of $9.66 and a 200-day moving average of $7.30. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.95 and a current ratio of 1.74.

Corsair Gaming (NASDAQ:CRSR - Get Free Report) last released its earnings results 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. The company had revenue of $314.33 million for the quarter, compared to analysts' expectations of $310.47 million. Corsair Gaming had a net margin of 0.71% and a return on equity of 9.71%. 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. As a group, research analysts anticipate that Corsair Gaming will post 0.48 EPS for the current fiscal year.

Hedge Funds Weigh In On Corsair Gaming

A number of hedge funds have recently made changes to their positions in CRSR. Virtu Financial LLC bought a new stake in Corsair Gaming during the 4th quarter valued at approximately $99,000. Invesco Ltd. lifted 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 worth $7,904,000 after purchasing an additional 786,049 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new position in Corsair Gaming in the 4th quarter worth approximately $62,000. Millennium Management LLC boosted its stake in Corsair Gaming by 506.2% in the 4th quarter. Millennium Management LLC now owns 635,798 shares of the company's stock worth $3,777,000 after purchasing an additional 530,914 shares during the period. Finally, Engineers Gate Manager LP grew its holdings in Corsair Gaming by 74.7% during the 4th quarter. Engineers Gate Manager LP now owns 72,986 shares of the company's stock valued at $434,000 after buying an additional 31,205 shares in the last quarter. Institutional investors 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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