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NASDAQ:CRSR

Corsair Gaming (CRSR) Stock Price, News & Analysis

$8.21
+0.17 (+2.11%)
(As of 07/26/2024 ET)
Today's Range
$8.00
$8.22
50-Day Range
$7.97
$11.73
52-Week Range
$7.83
$18.83
Volume
517,405 shs
Average Volume
395,199 shs
Market Capitalization
$853.10 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.33

Corsair Gaming MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
74.6% Upside
$14.33 Price Target
Short Interest
Bearish
5.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.74
Upright™ Environmental Score
News Sentiment
0.11mentions of Corsair Gaming in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$20,113 Sold Last Quarter
Proj. Earnings Growth
109.68%
From $0.31 to $0.65 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.

4.01 out of 5 stars

Consumer Discretionary Sector

78th out of 279 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

3rd out of 13 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

625,000% Gain
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TD Cowen Keeps Their Hold Rating on Corsair Gaming (CRSR)
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CORSAIR Accelerates Into Sim Racing
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$14.33
High Stock Price Target
$18.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+74.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
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
$0.86 per share
Book Value
$6.58 per share

Miscellaneous

Free Float
42,716,000
Market Cap
$853.10 million
Optionable
Optionable
Beta
1.59
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CRSR Stock Analysis - Frequently Asked Questions

How have CRSR shares performed this year?

Corsair Gaming's stock was trading at $14.10 at the beginning of the year. Since then, CRSR stock has decreased by 41.8% and is now trading at $8.21.
View the best growth stocks for 2024 here
.

How were Corsair Gaming's earnings last quarter?

Corsair Gaming, Inc. (NASDAQ:CRSR) issued its quarterly earnings results on Tuesday, May, 7th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by $0.04. The firm earned $337.26 million during the quarter, compared to analyst estimates of $364.15 million. Corsair Gaming had a positive trailing twelve-month return on equity of 4.70% and a negative net margin of 0.58%.

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 $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 top institutional shareholders include Bank of New York Mellon Corp (1.21%) and Lebenthal Global Advisors LLC (0.04%). Insiders that own company stock include Group (Cayman) Lp Corsair, Samuel R Szteinbaum, Thi L La and Michael G Potter.
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.

What other stocks do shareholders of Corsair Gaming own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Corsair Gaming investors own include FedEx (FDX), Equity Residential (EQR), Eventbrite (EB), DraftKings (DKNG), Caesars Entertainment (CZR), Costco Wholesale (COST) and Chipotle Mexican Grill (CMG).

This page (NASDAQ:CRSR) was last updated on 7/26/2024 by MarketBeat.com Staff

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