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

Key Points

• Corsair raised its FY 2026 outlook, projecting EPS of $0.89–$0.94 versus the $0.85 consensus and revenue of $1.5 billion versus the $1.4 billion estimate; Q4 EPS guidance is $0.26–$0.31.
• The latest quarter topped expectations, with EPS of $0.13 versus $0.12 and revenue of $367.03 million versus $336.62 million, but shares fell 3.9% to $12.80 on Thursday.
• Analyst sentiment is mixed but averages to a Hold: three analysts rate the stock Buy, four Hold, and one Sell, with a consensus price target of $12.29.

Corsair Gaming (NASDAQ:CRSR - Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.890-0.940 for the period, compared to the consensus EPS estimate of 0.850. The company issued revenue guidance of $1.5 billion, compared to the consensus revenue estimate of $1.4 billion. Corsair Gaming also updated its Q4 2026 guidance to 0.260-0.310 EPS.

Corsair Gaming Stock Down 3.9%

Shares of NASDAQ CRSR traded down $0.52 during trading hours on Thursday, hitting $12.80. The stock had a trading volume of 3,444,951 shares, compared to its average volume of 1,986,246. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.04 and a current ratio of 1.75. The company has a market capitalization of $1.38 billion, a P/E ratio of 42.67 and a beta of 1.95. The firm's 50-day moving average price is $13.15 and its two-hundred day moving average price is $9.10. Corsair Gaming has a 52 week low of $4.48 and a 52 week high of $14.98.

Corsair Gaming (NASDAQ:CRSR - Get Free Report) last posted its earnings results on Thursday, November 5th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. The company had revenue of $367.03 million during the quarter, compared to the consensus estimate of $336.62 million. Corsair Gaming had a net margin of 2.36% and a return on equity of 13.10%. Corsair Gaming has set its FY 2026 guidance at 0.890-0.940 EPS and its Q4 2026 guidance at 0.260-0.310 EPS. Analysts anticipate that Corsair Gaming will post 0.66 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on CRSR shares. Wedbush upped their price target on Corsair Gaming from $8.00 to $13.00 and gave the stock an "outperform" rating in a research note on Monday, August 3rd. Zacks Research downgraded Corsair Gaming from a "strong-buy" rating to a "hold" rating in a report on Friday, October 9th. The Goldman Sachs Group downgraded Corsair Gaming from a "neutral" rating to a "sell" rating and set a $11.00 price target on the stock. in a report on Wednesday, August 19th. B. Riley Financial lifted their price target on shares of Corsair Gaming from $7.50 to $9.00 and gave the company a "neutral" rating in a research report on Thursday, July 23rd. Finally, Weiss Ratings upgraded shares of Corsair Gaming from a "sell (d)" rating to a "hold (c-)" rating in a research note on Friday, August 21st. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Corsair Gaming has an average rating of "Hold" and a consensus target price of $12.29.

About Corsair Gaming

Corsair Gaming, Inc develops and sells hardware, peripherals, systems and accessories for gamers, content creators and PC enthusiasts. Its product portfolio includes keyboards, mice, headsets, streaming equipment, gaming furniture, computer components, custom-built PCs and related software.

The company markets products under the Corsair brand and through brands including Elgato, SCUF Gaming, ORIGIN PC and Drop. Elgato focuses on tools for content creation and live streaming, SCUF Gaming produces customizable game controllers, ORIGIN PC builds custom gaming computers, and Drop offers enthusiast-oriented mechanical keyboards and other computer accessories.

Founded in 1994, Corsair serves customers globally through retailers, distributors, online marketplaces and its direct-to-consumer websites.

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