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

Corsair Gaming (NASDAQ:CRSR) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.850-0.940 for the period, compared to the consensus estimate of 0.660. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion. Corsair Gaming also updated its Q3 2026 guidance to 0.090-0.120 EPS.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Weiss Ratings upgraded Corsair Gaming from a “sell (e+)” rating to a “sell (d)” rating in a report on Monday, May 11th. Craig Hallum reiterated a “hold” rating and issued a $10.00 price target on shares of Corsair Gaming in a research report on Monday, June 1st. Zacks Research raised shares of Corsair Gaming from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Barclays increased their price objective on Corsair Gaming from $8.00 to $9.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Finally, Wedbush upped their price objective on shares of Corsair Gaming from $8.00 to $13.00 and gave the stock an “outperform” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Corsair Gaming presently has an average rating of “Moderate Buy” and a consensus target price of $10.29.

Corsair Gaming Trading Down 5.3%

Shares of Corsair Gaming stock opened at $10.61 on Friday. The stock has a market capitalization of $1.13 billion, a P/E ratio of 132.64 and a beta of 1.85. Corsair Gaming has a 12-month low of $4.48 and a 12-month high of $13.10. The company has a 50-day simple moving average of $9.63 and a 200 day simple moving average of $7.33. The company has a quick ratio of 0.95, a current ratio of 1.74 and a debt-to-equity ratio of 0.18.

Corsair Gaming (NASDAQ:CRSR) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.07 by $0.16. The business had revenue of $314.33 million for the quarter, compared to analysts’ expectations of $310.47 million. Corsair Gaming had a net margin of 0.71% and a return on equity of 9.71%. Corsair Gaming’s revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.01 earnings per share. 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. Research analysts expect that Corsair Gaming will post 0.48 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC grew its stake in Corsair Gaming by 428.8% during the 1st quarter. AQR Capital Management LLC now owns 92,778 shares of the company’s stock worth $822,000 after buying an additional 75,232 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Corsair Gaming by 12.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 95,538 shares of the company’s stock worth $846,000 after buying an additional 10,620 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Corsair Gaming by 83.3% in the first quarter. Goldman Sachs Group Inc. now owns 449,779 shares of the company’s stock valued at $3,985,000 after acquiring an additional 204,351 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Corsair Gaming by 15.8% in the second quarter. JPMorgan Chase & Co. now owns 25,289 shares of the company’s stock valued at $238,000 after purchasing an additional 3,454 shares during the last quarter. Finally, Legal & General Group Plc lifted its position in Corsair Gaming by 1.3% during the second quarter. Legal & General Group Plc now owns 122,484 shares of the company’s stock worth $1,155,000 after buying an additional 1,592 shares during the period. 25.66% of the stock is owned by hedge funds and other institutional investors.

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.