Corsair Gaming (NASDAQ:CRSR) Stock Price Target Cut by Barclays

Corsair Gaming (NASDAQ:CRSR) had its target price dropped by equities researchers at Barclays from $15.00 to $14.00 in a report released on Friday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s price objective would indicate a potential upside of 18.24% from the company’s current price.

CRSR has been the topic of a number of other reports. Craig Hallum reaffirmed a “hold” rating on shares of Corsair Gaming in a research report on Friday, August 7th. Wedbush lifted their price target on shares of Corsair Gaming from $8.00 to $13.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. The Goldman Sachs Group cut shares of Corsair Gaming from a “neutral” rating to a “sell” rating and set a $11.00 price target for the company. in a research report on Wednesday, August 19th. Wall Street Zen upgraded shares of Corsair Gaming from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 1st. Finally, Roth Capital reaffirmed a “buy” rating and set a $16.00 price objective on shares of Corsair Gaming in a report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $12.14.

Corsair Gaming Stock Performance

Shares of CRSR opened at $11.84 on Friday. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 32.00 and a beta of 1.95. Corsair Gaming has a 52-week low of $4.48 and a 52-week high of $14.98. The company has a quick ratio of 1.04, a current ratio of 1.75 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average price of $13.17 and a 200 day moving average price of $9.17.

Corsair Gaming (NASDAQ:CRSR) last released its quarterly earnings data on Thursday, November 5th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. Corsair Gaming had a net margin of 2.80% and a return on equity of 13.91%. The company had revenue of $367.03 million for the quarter, compared to analysts’ expectations of $336.62 million. During the same quarter last year, the company earned $0.06 earnings per share. The firm’s revenue for the quarter was up 6.1% on a year-over-year basis. Corsair Gaming has set its FY 2026 guidance at 0.890-0.940 EPS and its Q4 2026 guidance at 0.260-0.310 EPS. Research analysts predict that Corsair Gaming will post 0.66 EPS for the current fiscal year.

Institutional Investors Weigh In On Corsair Gaming

Several large investors have recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Corsair Gaming in the 2nd quarter valued at $75,131,000. Palisade Capital Management LP acquired a new stake in Corsair Gaming during the 2nd quarter worth $5,407,000. Landscape Capital Management L.L.C. acquired a new stake in Corsair Gaming during the 2nd quarter worth $5,054,000. Bank of America Corp DE purchased a new position in Corsair Gaming during the 2nd quarter worth $3,638,000. Finally, Bank of New York Mellon Corp purchased a new position in Corsair Gaming during the 2nd quarter worth $2,867,000. 25.66% of the stock is owned by institutional investors and hedge funds.

Key Corsair Gaming News

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

• Positive Sentiment: Q3 revenue rose 6.1% year over year to $367.0 million, above the $336.6 million consensus, while EPS of $0.13 narrowly beat the $0.12 estimate. Corsair Q3 results
• Positive Sentiment: Full-year 2026 EPS guidance was raised to $0.89–$0.94, above the $0.85 consensus, and revenue guidance of $1.5 billion also topped analysts’ $1.4 billion estimate. Corsair guidance
• Positive Sentiment: Barclays maintained an “overweight” rating and its revised $14 target implies about 18% upside from the cited $11.84 price, despite lowering the target from $15. Barclays rating information
• Neutral Sentiment: Q4 guidance brackets consensus: EPS of $0.26–$0.31 versus $0.27 expected, and revenue of $420–$450 million versus $436.5 million expected. Corsair Q4 guidance
• Neutral Sentiment: Corsair introduced Dark Cherry Blossom versions of its TC500 and TC100 gaming chairs; the product launch may add to its lineup, but no expected financial impact was reported. Gaming chair launch
• Negative Sentiment: Barclays’ price-target cut from $15 to $14 is a modest negative signal, although the firm kept its overweight rating. Barclays rating information

Corsair Gaming Company Profile

Corsair Gaming, Inc develops and sells hardware, peripherals, systems and accessories for gamers, content creators and PC enthusiasts. Its product portfolio includes keyboards, mice, headsets, streaming equipment, gaming furniture, computer components, custom-built PCs and related software.

The company markets products under the Corsair brand and through brands including Elgato, SCUF Gaming, ORIGIN PC and Drop. Elgato focuses on tools for content creation and live streaming, SCUF Gaming produces customizable game controllers, ORIGIN PC builds custom gaming computers, and Drop offers enthusiast-oriented mechanical keyboards and other computer accessories.

Founded in 1994, Corsair serves customers globally through retailers, distributors, online marketplaces and its direct-to-consumer websites.