Corsair Gaming, Inc. (NASDAQ:CRSR) Given Consensus Rating of “Moderate Buy” by Analysts

Corsair Gaming, Inc. (NASDAQ:CRSR) has been assigned an average rating of “Moderate Buy” from the nine ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $12.00.

A number of brokerages recently commented on CRSR. Zacks Research raised Corsair Gaming from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. B. Riley Financial boosted their price objective 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. The Goldman Sachs Group lowered shares of Corsair Gaming from a “neutral” rating to a “sell” rating and set a $11.00 price objective for the company. in a report on Wednesday, August 19th. Roth Capital restated a “buy” rating and issued a $16.00 price objective on shares of Corsair Gaming in a report on Friday, August 7th. Finally, Weiss Ratings raised shares of Corsair Gaming from a “sell (d)” rating to a “hold (c-)” rating in a research report on Friday.

Institutional Trading of Corsair Gaming

Several institutional investors and hedge funds have recently bought and sold shares of CRSR. California State Teachers Retirement System boosted its position in Corsair Gaming by 1,022.9% during the 2nd quarter. California State Teachers Retirement System now owns 482,378 shares of the company’s stock valued at $49,884,000 after acquiring an additional 439,421 shares in the last quarter. Hsbc Holdings PLC purchased a new position in shares of Corsair Gaming during the 2nd quarter worth approximately $270,000. Bank of America Corp DE bought a new position in shares of Corsair Gaming in the 2nd quarter worth approximately $3,638,000. Odyssean LLC bought a new position in shares of Corsair Gaming in the 2nd quarter worth approximately $272,000. Finally, Jupiter Topco LLC purchased a new position in shares of Corsair Gaming in the 2nd quarter valued at approximately $205,000. 25.66% of the stock is currently owned by hedge funds and other institutional investors.

Corsair Gaming Trading Up 8.5%

Shares of CRSR stock opened at $11.84 on Wednesday. The stock has a market capitalization of $1.28 billion, a PE ratio of 39.47 and a beta of 1.85. Corsair Gaming has a 1-year low of $4.48 and a 1-year high of $14.98. The business has a 50-day moving average of $10.35 and a 200 day moving average of $7.98. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.75 and a quick ratio of 1.04.

Corsair Gaming (NASDAQ:CRSR) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.16. Corsair Gaming had a return on equity of 13.10% and a net margin of 2.36%.The business had revenue of $314.33 million for the quarter, compared to analyst estimates of $310.47 million. During the same period last year, the company earned $0.01 EPS. Corsair Gaming’s revenue for the quarter was down 1.8% compared to the same quarter last year. 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. As a group, sell-side analysts anticipate that Corsair Gaming will post 0.66 earnings per share for the current year.

Corsair Gaming Company Profile

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.