FY2025 EPS Estimates for Corsair Gaming Lifted by Analyst

Corsair Gaming, Inc. (NASDAQ:CRSR) – Analysts at Wedbush upped their FY2025 EPS estimates for Corsair Gaming in a research note issued on Wednesday, November 5th. Wedbush analyst A. Reese now expects that the company will post earnings of $0.23 per share for the year, up from their previous estimate of $0.20. Wedbush has a “Outperform” rating and a $9.00 price target on the stock. The consensus estimate for Corsair Gaming’s current full-year earnings is $0.22 per share. Wedbush also issued estimates for Corsair Gaming’s Q4 2025 earnings at $0.21 EPS and FY2027 earnings at $0.43 EPS.

Several other research firms have also issued reports on CRSR. B. Riley cut their price target on Corsair Gaming from $10.00 to $9.00 and set a “neutral” rating for the company in a report on Wednesday, November 5th. Craig Hallum set a $10.00 price objective on Corsair Gaming in a research report on Wednesday, November 5th. Macquarie cut their price objective on Corsair Gaming from $12.00 to $10.00 and set an “outperform” rating for the company in a research note on Wednesday, November 5th. Barclays reduced their target price on shares of Corsair Gaming from $12.00 to $9.00 and set an “overweight” rating for the company in a report on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Corsair Gaming in a report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $9.29.

Corsair Gaming Stock Up 0.3%

CRSR opened at $6.52 on Monday. Corsair Gaming has a 1-year low of $5.64 and a 1-year high of $13.02. The firm’s 50 day simple moving average is $8.18 and its two-hundred day simple moving average is $8.63. The company has a current ratio of 1.48, a quick ratio of 0.72 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $694.84 million, a PE ratio of -19.18 and a beta of 1.84.

Insider Activity

In other Corsair Gaming news, Director Samuel R. Szteinbaum bought 100,000 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was purchased at an average price of $6.59 per share, for a total transaction of $659,000.00. Following the completion of the transaction, the director owned 420,267 shares of the company’s stock, valued at $2,769,559.53. This trade represents a 31.22% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 58.38% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Semanteon Capital Management LP bought a new stake in shares of Corsair Gaming during the third quarter valued at approximately $102,000. Vanguard Group Inc. grew its stake in Corsair Gaming by 4.0% during the third quarter. Vanguard Group Inc. now owns 6,916,703 shares of the company’s stock valued at $61,697,000 after acquiring an additional 269,193 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Corsair Gaming by 213.1% during the third quarter. JPMorgan Chase & Co. now owns 79,179 shares of the company’s stock valued at $706,000 after acquiring an additional 53,890 shares in the last quarter. Public Sector Pension Investment Board increased its holdings in Corsair Gaming by 16.8% in the 3rd quarter. Public Sector Pension Investment Board now owns 181,163 shares of the company’s stock valued at $1,616,000 after acquiring an additional 26,040 shares during the last quarter. Finally, Illinois Municipal Retirement Fund purchased a new stake in Corsair Gaming in the 3rd quarter worth $218,000. 25.66% of the stock is currently owned by institutional investors.

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.