Corsair Gaming (CRSR) Expected to Announce Earnings on Tuesday

Corsair Gaming (NASDAQ:CRSR) is expected to be announcing its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $366.20 million for the quarter. Corsair Gaming has set its FY 2025 guidance at EPS.

Corsair Gaming (NASDAQ:CRSR) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16. Corsair Gaming had a negative net margin of 7.53% and a negative return on equity of 4.62%. On average, analysts expect Corsair Gaming to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Corsair Gaming Stock Down 0.1 %

Shares of CRSR stock opened at $7.43 on Tuesday. Corsair Gaming has a 52-week low of $5.60 and a 52-week high of $13.02. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.92 and a current ratio of 1.57. The stock has a market cap of $779.07 million, a price-to-earnings ratio of -7.82 and a beta of 1.68. The firm’s 50-day moving average is $8.96 and its 200-day moving average is $8.18.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CRSR shares. Barclays raised their price objective on Corsair Gaming from $9.00 to $12.00 and gave the company an “overweight” rating in a research report on Thursday, February 13th. Wedbush reaffirmed an “outperform” rating and set a $12.00 price objective (up from $10.00) on shares of Corsair Gaming in a research report on Wednesday, February 5th. Finally, Robert W. Baird increased their price objective on shares of Corsair Gaming from $8.00 to $11.00 and gave the company a “neutral” rating in a research report on Thursday, February 13th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $10.14.

Insider Buying and Selling at Corsair Gaming

In other news, CFO Michael G. Potter sold 4,124 shares of the business’s stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $10.08, for a total value of $41,569.92. Following the completion of the sale, the chief financial officer now owns 125,650 shares of the company’s stock, valued at approximately $1,266,552. The trade was a 3.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 58.89% of the company’s stock.

Corsair Gaming Company Profile

Corsair Gaming, Inc, together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products.