Corsair Gaming (NASDAQ:CRSR) Shares Gap Down – What’s Next?

Corsair Gaming, Inc. (NASDAQ:CRSR) gapped down prior to trading on Wednesday . The stock had previously closed at $11.93, but opened at $11.34. Corsair Gaming shares last traded at $11.1020, with a volume of 357,197 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CRSR. B. Riley Financial boosted their price objective on shares of Corsair Gaming from $7.50 to $9.00 and gave the stock a “neutral” rating in a report on Thursday, July 23rd. The Goldman Sachs Group cut Corsair Gaming from a “neutral” rating to a “sell” rating and set a $11.00 price objective on the stock. in a research note on Wednesday. Zacks Research upgraded shares of Corsair Gaming from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Craig Hallum restated a “hold” rating on shares of Corsair Gaming in a research report on Friday, August 7th. Finally, Barclays lifted their price target on shares of Corsair Gaming from $9.00 to $15.00 and gave the company an “overweight” rating in a report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $12.00.

Corsair Gaming Trading Down 4.5%

The company has a current ratio of 1.75, a quick ratio of 1.04 and a debt-to-equity ratio of 0.17. The stock has a market cap of $1.23 billion, a P/E ratio of 37.97 and a beta of 1.85. The firm’s 50-day simple moving average is $10.09 and its 200 day simple moving average is $7.76.

Corsair Gaming (NASDAQ:CRSR) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.16. The company had revenue of $314.33 million for the quarter, compared to analysts’ expectations of $310.47 million. Corsair Gaming had a return on equity of 13.10% and a net margin of 2.36%.The business’s revenue for the quarter was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. As a group, equities research analysts anticipate that Corsair Gaming, Inc. will post 0.66 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Kemnay Advisory Services Inc. bought a new stake in shares of Corsair Gaming during the fourth quarter valued at about $37,000. Tower Research Capital LLC TRC increased its stake in Corsair Gaming by 245.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,178 shares of the company’s stock valued at $49,000 after buying an additional 3,681 shares during the period. Cetera Investment Advisers acquired a new position in Corsair Gaming during the 1st quarter valued at about $56,000. Quantbot Technologies LP bought a new stake in shares of Corsair Gaming during the 2nd quarter worth about $56,000. Finally, R Squared Ltd bought a new stake in shares of Corsair Gaming during the 1st quarter worth about $58,000. 25.66% of the stock is owned by institutional investors and hedge funds.

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.