Corsair Gaming (NASDAQ:CRSR) Price Target Raised to $8.00

by · The Cerbat Gem

Corsair Gaming (NASDAQ:CRSR – Free Report) had its target price hoisted by Wedbush from $7.00 to $8.00 in a research report report published on Friday, Marketbeat reports. Wedbush currently has an outperform rating on the stock.

CRSR has been the subject of a number of other reports. B. Riley Financial raised their target price on shares of Corsair Gaming from $6.00 to $7.00 and gave the company a “neutral” rating in a report on Friday, February 13th. Wall Street Zen raised shares of Corsair Gaming from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 21st. Robert W. Baird set a $6.00 target price on shares of Corsair Gaming in a report on Friday, February 13th. Zacks Research lowered shares of Corsair Gaming from a “strong-buy” rating to a “hold” rating in a report on Friday, March 13th. Finally, Craig Hallum raised their target price on shares of Corsair Gaming from $8.00 to $10.00 and gave the company a “buy” rating in a report on Friday. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Corsair Gaming presently has an average rating of “Hold” and a consensus target price of $8.33.

Read Our Latest Stock Report on Corsair Gaming

Corsair Gaming Stock Performance

CRSR stock opened at $7.88 on Friday. The firm has a fifty day moving average price of $5.94 and a 200 day moving average price of $6.10. Corsair Gaming has a fifty-two week low of $4.48 and a fifty-two week high of $10.29. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.95 and a current ratio of 1.74. The firm has a market cap of $842.21 million, a PE ratio of 98.51 and a beta of 1.59.

Corsair Gaming (NASDAQ:CRSR – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.09. Corsair Gaming had a net margin of 0.71% and a return on equity of 9.71%. The firm had revenue of $354.51 million during the quarter, compared to analyst estimates of $351.58 million. During the same period last year, the firm posted $0.11 earnings per share. Corsair Gaming’s revenue for the quarter was down 4.1% compared to the same quarter last year. Sell-side analysts anticipate that Corsair Gaming will post 0.41 earnings per share for the current fiscal year.

Institutional Trading of Corsair Gaming

Institutional investors have recently bought and sold shares of the stock. Kemnay Advisory Services Inc. bought a new stake in Corsair Gaming in the fourth quarter worth $37,000. Tower Research Capital LLC TRC lifted its position in Corsair Gaming by 245.9% in the second quarter. Tower Research Capital LLC TRC now owns 5,178 shares of the company’s stock worth $49,000 after buying an additional 3,681 shares during the last quarter. R Squared Ltd bought a new stake in Corsair Gaming in the first quarter worth $58,000. Mercer Global Advisors Inc. ADV bought a new stake in Corsair Gaming in the fourth quarter worth $62,000. Finally, Fifth Third Bancorp lifted its position in Corsair Gaming by 3,805.4% in the first quarter. Fifth Third Bancorp now owns 11,677 shares of the company’s stock worth $65,000 after buying an additional 11,378 shares during the last quarter. 25.66% of the stock is currently owned by institutional investors.

Corsair Gaming News Roundup

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

  • Positive Sentiment: Wedbush raised its price target on Corsair Gaming to $8.00 from $7.00 and reiterated an outperform rating, signaling modest upside from recent trading levels. Benzinga
  • Positive Sentiment: Craig Hallum increased its price target to $10.00 from $8.00 and maintained a buy rating, reflecting stronger confidence in Corsair’s growth and profitability outlook. Finviz
  • Positive Sentiment: Corsair reported first-quarter earnings that beat expectations, with EPS of $0.27 versus $0.18 expected and revenue of $354.51 million versus $352.36 million expected, which helped reinforce the bullish reaction. MarketBeat Earnings Report
  • Neutral Sentiment: The company also issued FY2026 revenue guidance of $1.3 billion to $1.5 billion, broadly framing investor expectations around the next year’s growth trajectory. Press Release

About Corsair Gaming

(Get Free Report)

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.

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