Corsair Gaming (NASDAQ:CRSR – Get Free Report) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.090-0.120 for the period, compared to the consensus estimate of 0.100. The company issued revenue guidance of $320.0 million-$350.0 million, compared to the consensus revenue estimate of $332.2 million. Corsair Gaming also updated its FY 2026 guidance to 0.850-0.940 EPS.
Wall Street Analysts Forecast Growth
Several analysts have commented on CRSR shares. Weiss Ratings upgraded shares of Corsair Gaming from a “sell (e+)” rating to a “sell (d)” rating in a research note on Monday, May 11th. Craig Hallum restated a “hold” rating and set a $10.00 price objective on shares of Corsair Gaming in a research report on Monday, June 1st. B. Riley Financial lifted their target price on Corsair Gaming from $7.50 to $9.00 and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Wall Street Zen upgraded Corsair Gaming from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 20th. Finally, Wedbush increased their price target on Corsair Gaming from $8.00 to $13.00 and gave the company an “outperform” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Corsair Gaming has an average rating of “Moderate Buy” and an average target price of $10.29.
View Our Latest Stock Analysis on Corsair Gaming
Corsair Gaming Price Performance
Corsair Gaming (NASDAQ:CRSR – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.23 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $310.47 million. 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. Equities analysts forecast that Corsair Gaming will post 0.48 earnings per share for the current year.
Institutional Investors Weigh In On Corsair Gaming
Several large investors have recently added to or reduced their stakes in CRSR. Dimensional Fund Advisors LP boosted its holdings in shares of Corsair Gaming by 3.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,784,310 shares of the company’s stock worth $24,833,000 after purchasing an additional 98,588 shares during the period. State Street Corp raised its holdings in Corsair Gaming by 2.1% during the 4th quarter. State Street Corp now owns 1,725,659 shares of the company’s stock valued at $10,250,000 after buying an additional 35,301 shares during the period. Invesco Ltd. raised its holdings in Corsair Gaming by 144.4% during the 4th quarter. Invesco Ltd. now owns 1,330,581 shares of the company’s stock valued at $7,904,000 after buying an additional 786,049 shares during the period. Millennium Management LLC lifted its position in Corsair Gaming by 506.2% in the fourth quarter. Millennium Management LLC now owns 635,798 shares of the company’s stock worth $3,777,000 after buying an additional 530,914 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in Corsair Gaming by 64.9% in the fourth quarter. AQR Capital Management LLC now owns 538,833 shares of the company’s stock worth $3,201,000 after buying an additional 212,062 shares during the last quarter. 25.66% of the stock is owned by institutional investors.
About Corsair Gaming
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.
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