Corsair Gaming, Inc. $CRSR Shares Bought by Arrowstreet Capital Limited Partnership

Key Points

• Arrowstreet Capital increased its Corsair Gaming stake by 160.2% in the first quarter, owning 123,537 shares valued at approximately $686,000. Institutional investors and hedge funds collectively own 25.66% of the company.
• Corsair reported quarterly EPS of $0.23, beating the $0.07 consensus estimate, while revenue of $314.3 million slightly exceeded expectations. However, revenue declined 1.8% year over year, and net margins remained thin.
• Management raised fiscal 2026 EPS guidance to $0.85–$0.94; analysts maintain a “Moderate Buy” consensus, though the average price target of $11.29 is below the stock’s reported $14.35 price.

Arrowstreet Capital Limited Partnership raised its holdings in shares of Corsair Gaming, Inc. (NASDAQ:CRSR - Free Report) by 160.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 123,537 shares of the company's stock after buying an additional 76,054 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.12% of Corsair Gaming worth $686,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Kemnay Advisory Services Inc. acquired a new position in shares of Corsair Gaming during the 4th quarter worth approximately $37,000. Tower Research Capital LLC TRC boosted its position in shares of Corsair Gaming by 245.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,178 shares of the company's stock valued at $49,000 after acquiring an additional 3,681 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of Corsair Gaming during the 1st quarter valued at about $56,000. R Squared Ltd purchased a new stake in shares of Corsair Gaming in the first quarter valued at about $58,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in shares of Corsair Gaming in the fourth quarter valued at about $62,000. 25.66% of the stock is currently owned by institutional investors and hedge funds.

Corsair Gaming Price Performance

Corsair Gaming stock opened at $14.35 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.74 and a quick ratio of 0.95. The business has a 50 day simple moving average of $9.67 and a 200-day simple moving average of $7.38. Corsair Gaming, Inc. has a 12 month low of $4.48 and a 12 month high of $14.58. The stock has a market capitalization of $1.53 billion, a PE ratio of 47.83 and a beta of 1.85.

Corsair Gaming (NASDAQ:CRSR - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.07 by $0.16. Corsair Gaming had a net margin of 2.36% and a return on equity of 13.30%. The company had revenue of $314.33 million during the quarter, compared to analysts' expectations of $310.47 million. During the same quarter last year, the business earned $0.01 EPS. The business's revenue was down 1.8% on a year-over-year basis. 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. Equities analysts predict that Corsair Gaming, Inc. will post 0.48 earnings per share for the current year.

Trending Headlines about Corsair Gaming

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

• Positive Sentiment: Corsair reported second-quarter adjusted EPS of $0.23, well above the $0.07 analyst consensus, while revenue of approximately $314.3 million modestly exceeded expectations of $310.5 million. EPS increased from $0.01 in the year-ago quarter. Why Corsair Gaming Stock is Soaring Thursday
• Positive Sentiment: Record margins were a key catalyst for the rally, suggesting that Corsair is converting sales into profit more effectively and providing investors with greater confidence in its earnings recovery. Corsair Gaming jumps 34% as record margins, higher guidance fuel rally
• Positive Sentiment: Management raised fiscal 2026 EPS guidance to $0.85-$0.94, substantially above the $0.66 consensus estimate. Full-year revenue guidance of $1.4-$1.5 billion was at least in line with expectations, indicating that the earnings improvement is being driven primarily by profitability. Corsair Gaming Q2 2026 Earnings Call Transcript
• Positive Sentiment: Third-quarter guidance calls for EPS of $0.09-$0.12 and revenue of $320-$350 million, broadly consistent with analyst expectations and supporting the view that recent operating improvements can continue.
• Negative Sentiment: Second-quarter revenue declined 1.8% year over year, and the reported net margin remained thin at 0.71%. This leaves Corsair reliant on sustained margin expansion and cost control to justify the stock’s higher valuation.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CRSR. Robert W. Baird set a $12.00 price target on shares of Corsair Gaming in a report on Friday. Weiss Ratings upgraded Corsair Gaming from a "sell (e+)" rating to a "sell (d)" rating in a research report on Monday, May 11th. Zacks Research raised Corsair Gaming from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 7th. Wall Street Zen raised Corsair Gaming from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 20th. Finally, Roth Capital reiterated a "buy" rating and set a $16.00 price target on shares of Corsair Gaming in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $11.29.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source