NASDAQ:CRSR

Corsair Gaming (CRSR) Stock Price, News & Analysis

$10.76
-1.00 (-8.50%)
(As of 01:17 PM ET)
Today's Range
$10.31
$11.15
50-Day Range
$10.72
$13.05
52-Week Range
$10.31
$20.72
Volume
505,246 shs
Average Volume
349,174 shs
Market Capitalization
$1.12 billion
P/E Ratio
358.79
Dividend Yield
N/A
Price Target
$16.33

Corsair Gaming MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
49.4% Upside
$15.83 Price Target
Short Interest
Bearish
3.70% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.74
Upright™ Environmental Score
News Sentiment
0.49mentions of Corsair Gaming in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
67.44%
From $0.43 to $0.72 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.90 out of 5 stars

Consumer Discretionary Sector

81st out of 264 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

4th out of 14 stocks

CRSR stock logo

About Corsair Gaming Stock (NASDAQ:CRSR)

Corsair Gaming, Inc., together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products. The company also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, and DRAM modules, as well as prebuilt and custom-built gaming PCs and laptops, gaming monitors, and others; and PC gaming software comprising iCUE for gamers and Elgato streaming suite for content creators, as well as digital services. It sells its products through e-retail, retail, and direct-to-consumer channels and distributors. The company was incorporated in 1994 and is headquartered in Milpitas, California.

CRSR Stock Price History

CRSR Stock News Headlines

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Fidelity, Bezos, Goldman Bet Big on Tiny Biotech
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Wedbush Keeps Their Buy Rating on Corsair Gaming (CRSR)
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See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:CRSR
Fax
N/A
Employees
2,387
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.33
High Stock Price Target
$21.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+38.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$3.19 million
Pretax Margin
-0.24%

Debt

Sales & Book Value

Annual Sales
$1.46 billion
Cash Flow
$0.84 per share
Book Value
$6.58 per share

Miscellaneous

Free Float
42,697,000
Market Cap
$1.22 billion
Optionable
Optionable
Beta
1.61
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CRSR Stock Analysis - Frequently Asked Questions

Should I buy or sell Corsair Gaming stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Corsair Gaming in the last year. There are currently 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CRSR shares.
View CRSR analyst ratings
or view top-rated stocks.

What is Corsair Gaming's stock price target for 2024?

6 Wall Street research analysts have issued 12-month price objectives for Corsair Gaming's shares. Their CRSR share price targets range from $14.00 to $18.00. On average, they expect the company's stock price to reach $15.83 in the next year. This suggests a possible upside of 49.4% from the stock's current price.
View analysts price targets for CRSR
or view top-rated stocks among Wall Street analysts.

How have CRSR shares performed in 2024?

Corsair Gaming's stock was trading at $14.10 at the beginning of 2024. Since then, CRSR stock has decreased by 24.8% and is now trading at $10.60.
View the best growth stocks for 2024 here
.

When is Corsair Gaming's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our CRSR earnings forecast
.

How were Corsair Gaming's earnings last quarter?

Corsair Gaming, Inc. (NASDAQ:CRSR) issued its quarterly earnings data on Tuesday, February, 13th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.18 by $0.02. The business had revenue of $417.29 million for the quarter, compared to analyst estimates of $435.57 million. Corsair Gaming had a net margin of 0.15% and a trailing twelve-month return on equity of 5.13%.

What ETFs hold Corsair Gaming's stock?

ETFs with the largest weight of Corsair Gaming (NASDAQ:CRSR) stock in their portfolio include Amplify Video Game Tech ETF (GAMR).Global X Video Games & Esports ETF (HERO).

What guidance has Corsair Gaming issued on next quarter's earnings?

Corsair Gaming issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.5 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion.

What other stocks do shareholders of Corsair Gaming own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Corsair Gaming investors own include FedEx (FDX), Equity Residential (EQR), Eventbrite (EB), DraftKings (DKNG), Caesars Entertainment (CZR), Costco Wholesale (COST), Chipotle Mexican Grill (CMG), Bloomin' Brands (BLMN), Avid Technology (AVID) and ARK Innovation ETF (ARKK).

When did Corsair Gaming IPO?

Corsair Gaming (CRSR) raised $238 million in an IPO on Wednesday, September 23rd 2020. The company issued 14,000,000 shares at a price of $16.00-$18.00 per share. Goldman Sachs, Barclays, Credit Suisse, Macquarie, Baird, Cowan and Stifel served as the underwriters for the IPO and Wedbush Securities and Academy Securities, were co-managers.

Who are Corsair Gaming's major shareholders?

Corsair Gaming's stock is owned by many different institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (0.25%), GSA Capital Partners LLP (0.10%), Mirae Asset Global Investments Co. Ltd. (0.08%), Capstone Investment Advisors LLC (0.03%), IMC Chicago LLC (0.00%) and Yousif Capital Management LLC (0.02%). Insiders that own company stock include Adriel G Lares, Andrew J Paul, Bertrand Chevalier, George L Jr Majoros, Group (Cayman) Lp Corsair, Michael G Potter, Michael G Potter, Philip Straub, Samuel R Szteinbaum and Thi L La.
View institutional ownership trends
.

How do I buy shares of Corsair Gaming?

Shares of CRSR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CRSR) was last updated on 5/8/2024 by MarketBeat.com Staff

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