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Corsair Gaming Inc (CRSR) Stock Forecast & Price Prediction

Live CRSR Stock Price & Analysis

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$8.93

+0.19 (2.17%)

12 Month Price Forecast For CRSR

$8.93
Current Price
$915.08M
Market Cap
7 Ratings
Buy 4
Hold 3
Sell 0
Wall St Analyst Ratings

Distance to CRSR Price Forecasts

+12.0%
To High Target of $10.00
+0.8%
To Median Target of $9.00
-21.6%
To Low Target of $7.00

CRSR Price Momentum

+12.0%
1 Week Change
+39.7%
1 Month Change
-34.9%
1 Year Change
+35.1%
Year-to-Date Change
-36.8%
From 52W High of $14.13
+59.6%
From 52W Low of $5.60

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: January 23, 2025 5:17 AM UTC

CRSR Analyst Ratings & Price Targets

Based on our analysis of 10 Wall Street analysts, CRSR has a consensus that is bullish. The median price target is $9.00, with forecasts ranging from $7.00 to $10.00. Currently, there are 4 Buy ratings, 3 Hold ratings, and 0 Sell ratings.

With CRSR currently trading at $8.93, the median price forecast suggests a 0.8% upside. The most optimistic forecast comes from Colin Sebastian at Baird, projecting a 12.0% upside, while Eric Sheridan at Goldman Sachs provides the most conservative target, suggesting a -21.6% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

CRSR Analyst Consensus

4
Buy
3
Hold
0
Sell

CRSR Price Target Range

Low
$7.00
Average
$9.00
High
$10.00
Current: $8.93

Latest CRSR Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CRSR.

Date Firm Analyst Rating Change Price Target
Nov 8, 2024 Macquarie Aaron Lee Outperform Maintains $9.00
Nov 7, 2024 TD Cowen Hold Maintains $9.00
Nov 7, 2024 Goldman Sachs Eric Sheridan Neutral Maintains $7.00
Nov 7, 2024 Barclays Mario Lu Overweight Maintains $9.00
Sep 25, 2024 Baird Colin Sebastian Neutral Maintains $8.00
Aug 2, 2024 Barclays Mario Lu Overweight Maintains $14.00
Aug 2, 2024 Goldman Sachs Eric Sheridan Neutral Maintains $9.00
Aug 2, 2024 Wedbush Michael Pachter Outperform Maintains $11.00
Jul 22, 2024 Stifel Drew Crum Buy Maintains $11.00
Jul 19, 2024 Baird Colin Sebastian Neutral Maintains $10.00
May 8, 2024 Wedbush Michael Pachter Outperform Reiterates $18.00
Feb 15, 2024 Baird Colin Sebastian Neutral Maintains $14.00
Feb 14, 2024 Stifel Drew Crum Buy Maintains $16.00
Feb 14, 2024 Barclays Mario Lu Overweight Maintains $17.00
Feb 7, 2024 Wedbush Michael Pachter Outperform Reiterates $21.00
Nov 9, 2023 Goldman Sachs Eric Sheridan Neutral Maintains $14.00
Nov 8, 2023 Stifel Drew Crum Buy Maintains $17.00
Aug 7, 2023 Credit Suisse Stephen Ju Neutral Maintains $16.00
Jul 31, 2023 Wedbush Michael Pachter Outperform Upgrade $21.00
May 11, 2023 Stifel Drew Crum Buy Maintains $19.00

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The following stocks are similar to Corsair Gaming based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Corsair Gaming Inc (CRSR) Financial Data

Corsair Gaming Inc has a market capitalization of $915.08M with a P/E ratio of 359.7x. The company generates $1.32B in trailing twelve-month revenue with a -6.1% profit margin.

Revenue growth is -16.2% quarter-over-quarter, while maintaining an operating margin of -6.9% and return on equity of -12.2%.

Valuation Metrics

Market Cap $915.08M
Enterprise Value $1.11B
P/E Ratio 359.7x
PEG Ratio 17.1x
Price/Sales 0.7x

Growth & Margins

Revenue Growth (YoY) -16.2%
Gross Margin +22.9%
Operating Margin -6.9%
Net Margin -6.1%
EPS Growth -16.2%

Financial Health

Cash/Price Ratio +6.3%
Current Ratio 1.6x
Debt/Equity 39.7x
ROE -12.2%
ROA -2.2%

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Corsair Gaming Inc logo

Corsair Gaming Inc (CRSR) Company Overview

About Corsair Gaming Inc

What They Do

Designs and sells gaming and streaming products.

Business Model

The company generates revenue by designing, developing, and marketing a wide range of gaming peripherals and components, which include keyboards, mice, headsets, and streaming devices. It sells its products through various channels such as e-retail, retail, and direct-to-consumer platforms, allowing it to reach a diverse customer base across global markets.

Additional Information

Corsair Gaming, Inc. has a strong brand presence in the gaming industry and offers both prebuilt and custom-built gaming systems. The company also provides software solutions like iCUE and the Elgato streaming suite, enhancing the gaming and streaming experience for its users. Established in 1994 and headquartered in Milpitas, California, it has evolved significantly since rebranding from Corsair Components in 2017.

Company Information

Sector

Technology

Industry

Computer Hardware

Employees

2,387

CEO

Mr. Andrew J. Paul

Country

United States

IPO Year

2020

Corsair Gaming Inc (CRSR) Latest News & Analysis

CRSR stock latest news image
Quick Summary

Corsair Gaming, Inc. will report Q4 and full-year 2024 earnings on February 7. New Nvidia GPUs may boost its high-end market, while recent acquisitions and partnerships could enhance revenue.

Why It Matters

Corsair's upcoming earnings report and potential GPU demand could enhance revenue and margins. Acquisitions and partnerships may drive growth, but doubts about the Apple deal linger.

Source: Seeking Alpha
Market Sentiment: Positive
CRSR stock latest news image
Quick Summary

Corsair Gaming's stock peaked at $51.3 in 2021 amid pandemic growth but fell to a low of $5.50 in September 2022 due to a slowdown in the gaming industry.

Why It Matters

Corsair Gaming's stock decline reflects broader gaming industry challenges, impacting investor confidence and indicating potential volatility in future earnings and market recovery.

Source: Invezz
Market Sentiment: Negative
CRSR stock latest news image
Quick Summary

CORSAIR (Nasdaq: CRSR) announced at CES 2025 that its systems will support NVIDIA NIM microservices and feature NVIDIA GeForce RTX 50 Series GPUs, enhancing capabilities for gamers and creators.

Why It Matters

CORSAIR's announcement of systems powered by NVIDIA's latest GPUs indicates potential for increased demand in gaming and creative markets, which could drive revenue growth and boost stock performance.

Source: Business Wire
Market Sentiment: Neutral
CRSR stock latest news image
Quick Summary

Difficult-to-short stocks may have inflated prices that are unsustainable, which could indicate potential risks for investors.

Why It Matters

Difficult-to-short stocks can indicate potential market distortions, leading to increased volatility and risks of sudden price corrections, impacting investment strategies and valuations.

Source: Market Watch
Market Sentiment: Negative
CRSR stock latest news image
Quick Summary

Corsair Gaming, Inc. (Nasdaq: CRSR) will present to institutional investors at the Barclays 22nd Annual Global Technology Conference, with a live webcast available at 8:40 a.m. Pacific.

Why It Matters

Corsair's presentation at a major technology conference could signal growth opportunities, attract institutional interest, and influence stock performance, impacting investor sentiment.

Source: Business Wire
Market Sentiment: Neutral
CRSR stock latest news image
Quick Summary

CORSAIR (Nasdaq: CRSR) has launched the K65 PLUS WIRELESS keyboard and M75 WIRELESS mouse in Glacier Blue and Frost colors, targeting Mac users with enhanced design and performance.

Why It Matters

CORSAIR's launch of new products enhances brand appeal and may boost sales, positively impacting revenue and stock performance in the gaming and tech market.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About CRSR Stock

What is Corsair Gaming Inc's (CRSR) stock forecast for 2025?

Based on our analysis of 10 Wall Street analysts, Corsair Gaming Inc (CRSR) has a median price target of $9.00. The highest price target is $10.00 and the lowest is $7.00.

Is CRSR stock a good investment in 2025?

According to current analyst ratings, CRSR has 4 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $8.93. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for CRSR stock?

Wall Street analysts predict CRSR stock could reach $9.00 in the next 12 months. This represents a 0.8% increase from the current price of $8.93. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Corsair Gaming Inc's business model?

The company generates revenue by designing, developing, and marketing a wide range of gaming peripherals and components, which include keyboards, mice, headsets, and streaming devices. It sells its products through various channels such as e-retail, retail, and direct-to-consumer platforms, allowing it to reach a diverse customer base across global markets.

What is the highest forecasted price for CRSR Corsair Gaming Inc?

The highest price target for CRSR is $10.00 from Colin Sebastian at Baird, which represents a 12.0% increase from the current price of $8.93.

What is the lowest forecasted price for CRSR Corsair Gaming Inc?

The lowest price target for CRSR is $7.00 from Eric Sheridan at Goldman Sachs, which represents a -21.6% decrease from the current price of $8.93.

What is the overall CRSR consensus from analysts for Corsair Gaming Inc?

The overall analyst consensus for CRSR is bullish. Out of 10 Wall Street analysts, 4 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $9.00.

How accurate are CRSR stock price projections?

Stock price projections, including those for Corsair Gaming Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.