Corsair Gaming, Inc. (NASDAQ:CRSR) Stock Has Consensus Target Price of $12.00 According to Brokerages

Shares of Corsair Gaming, Inc. (NASDAQ:CRSR) have earned an average rating of “Hold” from the eight brokerages that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $12.14.

CRSR has been the topic of a number of research analyst reports. The Goldman Sachs Group cut shares of Corsair Gaming from a “neutral” rating to a “sell” rating and set a $11.00 price target on the stock. in a report on Wednesday, August 19th. B. Riley Financial boosted their price target on Corsair Gaming from $7.50 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Robert W. Baird set a $12.00 target price on shares of Corsair Gaming in a research report on Friday, August 7th. Zacks Research lowered Corsair Gaming from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. Finally, Craig Hallum reissued a “hold” rating on shares of Corsair Gaming in a research report on Friday, August 7th.

Hedge Funds Weigh In On Corsair Gaming

Hedge funds have recently bought and sold shares of the business. Maryland State Retirement & Pension System acquired a new stake in Corsair Gaming in the 3rd quarter valued at about $137,000. Fulcrum Asset Management LLP purchased a new position in shares of Corsair Gaming during the 3rd quarter worth $204,000. Brighton Jones LLC boosted its position in shares of Corsair Gaming by 13.0% during the 3rd quarter. Brighton Jones LLC now owns 19,342 shares of the company’s stock valued at $261,000 after acquiring an additional 2,226 shares during the last quarter. Pictet Asset Management Holding SA purchased a new stake in shares of Corsair Gaming in the 3rd quarter valued at approximately $150,000. Finally, Chicago Partners Investment Group LLC increased its holdings in shares of Corsair Gaming by 9.1% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 12,175 shares of the company’s stock worth $167,000 after buying an additional 1,014 shares during the last quarter. Hedge funds and other institutional investors own 25.66% of the company’s stock.

Corsair Gaming Stock Performance

Shares of NASDAQ:CRSR opened at $11.84 on Monday. The stock has a market capitalization of $1.28 billion, a P/E ratio of 32.00 and a beta of 1.95. Corsair Gaming has a 52 week low of $4.48 and a 52 week high of $14.98. The company has a quick ratio of 0.82, a current ratio of 1.55 and a debt-to-equity ratio of 0.16. The firm has a fifty day simple moving average of $13.17 and a two-hundred day simple moving average of $9.17.

Corsair Gaming (NASDAQ:CRSR) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. The business had revenue of $367.03 million during the quarter, compared to analyst estimates of $336.62 million. Corsair Gaming had a return on equity of 13.78% and a net margin of 2.80%. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period last year, the company earned $0.06 EPS. Corsair Gaming has set its FY 2026 guidance at 0.890-0.940 EPS and its Q4 2026 guidance at 0.260-0.310 EPS. On average, analysts expect that Corsair Gaming will post 0.66 earnings per share for the current fiscal year.

Key Corsair Gaming News

Here are the key news stories impacting Corsair Gaming this week:

• Positive Sentiment: Q3 revenue rose 6.1% year over year to $367.0 million, above the $336.6 million consensus, while EPS of $0.13 narrowly beat the $0.12 estimate. Corsair Q3 results
• Positive Sentiment: Full-year 2026 EPS guidance was raised to $0.89–$0.94, above the $0.85 consensus, and revenue guidance of $1.5 billion also topped analysts’ $1.4 billion estimate. Corsair guidance
• Positive Sentiment: Barclays maintained an “overweight” rating and its revised $14 target implies about 18% upside from the cited $11.84 price, despite lowering the target from $15. Barclays rating information
• Neutral Sentiment: Q4 guidance brackets consensus: EPS of $0.26–$0.31 versus $0.27 expected, and revenue of $420–$450 million versus $436.5 million expected. Corsair Q4 guidance
• Neutral Sentiment: Corsair introduced Dark Cherry Blossom versions of its TC500 and TC100 gaming chairs; the product launch may add to its lineup, but no expected financial impact was reported. Gaming chair launch
• Negative Sentiment: Barclays’ price-target cut from $15 to $14 is a modest negative signal, although the firm kept its overweight rating. Barclays rating information

Corsair Gaming Company Profile

Corsair Gaming, Inc develops and sells hardware, peripherals, systems and accessories for gamers, content creators and PC enthusiasts. Its product portfolio includes keyboards, mice, headsets, streaming equipment, gaming furniture, computer components, custom-built PCs and related software.

The company markets products under the Corsair brand and through brands including Elgato, SCUF Gaming, ORIGIN PC and Drop. Elgato focuses on tools for content creation and live streaming, SCUF Gaming produces customizable game controllers, ORIGIN PC builds custom gaming computers, and Drop offers enthusiast-oriented mechanical keyboards and other computer accessories.

Founded in 1994, Corsair serves customers globally through retailers, distributors, online marketplaces and its direct-to-consumer websites.