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NASDAQ:CRSR

Corsair Gaming (CRSR) Stock Price, News & Analysis

$11.30
+0.11 (+0.98%)
(As of 05/24/2024 04:00 PM ET)
Today's Range
$11.23
$11.47
50-Day Range
$10.72
$12.34
52-Week Range
$10.31
$20.72
Volume
268,900 shs
Average Volume
355,071 shs
Market Capitalization
$1.17 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.83

Corsair Gaming MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
40.1% Upside
$15.83 Price Target
Short Interest
Healthy
3.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.74
Upright™ Environmental Score
News Sentiment
0.79mentions of Corsair Gaming in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
72.73%
From $0.44 to $0.76 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.

4.30 out of 5 stars

Consumer Discretionary Sector

50th out of 273 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

3rd 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

Does Logitech’s EPS Beat Signal the Rebound of Video Gaming? (CRSR)
Computer gaming and accessories manufacturer Logitech International S.A. (NASDAQ: LOGI) saw strength in its video gaming segment in Q1 2024.
Q1 2024 Corsair Gaming Inc Earnings Call
Wedbush Keeps Their Buy Rating on Corsair Gaming (CRSR)
Corsair Gaming, Inc. (CRSR)
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/27/2024
Next Earnings (Estimated)
8/01/2024
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
$15.83
High Stock Price Target
$18.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+40.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$3.19 million
Pretax Margin
-0.97%

Debt

Sales & Book Value

Annual Sales
$1.46 billion
Cash Flow
$0.83 per share
Book Value
$6.58 per share

Miscellaneous

Free Float
42,716,000
Market Cap
$1.17 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 analysts have issued 12-month target prices for Corsair Gaming's shares. Their CRSR share price targets range from $14.00 to $18.00. On average, they predict the company's share price to reach $15.83 in the next year. This suggests a possible upside of 40.1% 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 on January 1st, 2024. Since then, CRSR shares have decreased by 19.9% and is now trading at $11.30.
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) released its earnings results on Tuesday, May, 7th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.04. The business had revenue of $337.26 million for the quarter, compared to the consensus estimate of $364.15 million. Corsair Gaming had a negative net margin of 0.58% and a positive trailing twelve-month return on equity of 4.70%.

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 updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share 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 initial public offering 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 investors include Vanguard Group Inc. (5.28%), Principal Financial Group Inc. (0.25%), GSA Capital Partners LLP (0.10%), Walleye Trading LLC (0.00%), Mirae Asset Global Investments Co. Ltd. (0.08%) and California State Teachers Retirement System (0.04%). Insiders that own company stock include Andrew J Paul, Bertrand Chevalier, George L Jr Majoros, Group (Cayman) Lp Corsair, Michael G Potter, Michael G Potter, 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 5/27/2024 by MarketBeat.com Staff

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