Corsair Gaming (NASDAQ:CRSR) Issues FY 2026 Earnings Guidance

Corsair Gaming (NASDAQ:CRSR) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.850-0.940 for the period, compared to the consensus EPS estimate of 0.660. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion. Corsair Gaming also updated its Q3 2026 guidance to 0.090-0.120 EPS.

Corsair Gaming Trading Down 5.3%

CRSR traded down $0.59 during midday trading on Thursday, reaching $10.61. 2,457,507 shares of the company were exchanged, compared to its average volume of 1,492,253. The stock has a market capitalization of $1.13 billion, a P/E ratio of 132.64 and a beta of 1.85. Corsair Gaming has a one year low of $4.48 and a one year high of $13.10. The stock’s 50-day simple moving average is $9.63 and its 200 day simple moving average is $7.33. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.95 and a current ratio of 1.74.

Corsair Gaming (NASDAQ:CRSR) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.16. Corsair Gaming had a net margin of 0.71% and a return on equity of 9.71%. The business had revenue of $314.33 million for the quarter, compared to the consensus estimate of $310.47 million. During the same period last year, the company posted $0.01 EPS. Corsair Gaming’s revenue for the quarter was down 1.8% on a year-over-year basis. Corsair Gaming has set its FY 2026 guidance at 0.850-0.940 EPS and its Q3 2026 guidance at 0.090-0.120 EPS. As a group, analysts forecast that Corsair Gaming will post 0.48 earnings per share for the current fiscal year.

Analyst Ratings Changes

CRSR has been the topic of several recent analyst reports. Craig Hallum reiterated a “hold” rating and set a $10.00 target price on shares of Corsair Gaming in a report on Monday, June 1st. Barclays boosted their price objective on Corsair Gaming from $8.00 to $9.00 and gave the company an “overweight” rating in a research report on Friday, May 8th. Wedbush raised their target price on shares of Corsair Gaming from $8.00 to $13.00 and gave the stock an “outperform” rating in a report on Monday. Weiss Ratings upgraded shares of Corsair Gaming from a “sell (e+)” rating to a “sell (d)” rating in a report on Monday, May 11th. Finally, Roth Capital started coverage on shares of Corsair Gaming in a report on Wednesday, July 22nd. They set a “buy” rating and a $15.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $10.29.

Institutional Trading of Corsair Gaming

Hedge funds and other institutional investors have recently modified their holdings of the stock. Kemnay Advisory Services Inc. acquired a new stake in Corsair Gaming during the fourth quarter worth approximately $37,000. Tower Research Capital LLC TRC increased its stake in shares of Corsair Gaming by 245.9% during the second quarter. Tower Research Capital LLC TRC now owns 5,178 shares of the company’s stock worth $49,000 after purchasing an additional 3,681 shares during the period. Mercer Global Advisors Inc. ADV acquired a new stake in Corsair Gaming during the 4th quarter worth approximately $62,000. BNP Paribas Financial Markets lifted its holdings in Corsair Gaming by 24.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 7,819 shares of the company’s stock worth $74,000 after purchasing an additional 1,551 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new stake in Corsair Gaming in the 2nd quarter valued at $97,000. Institutional investors own 25.66% of the company’s stock.

Corsair Gaming Company Profile

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.