Corsair Gaming (NASDAQ:CRSR) Shares Gap Down – Here’s Why

Shares of Corsair Gaming, Inc. (NASDAQ:CRSR) gapped down prior to trading on Friday. The stock had previously closed at $12.80, but opened at $11.10. Corsair Gaming shares last traded at $12.6730, with a volume of 272,061 shares.

More 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, beating the $336.6 million analyst estimate. EPS of $0.13 also topped the $0.12 consensus and doubled the $0.06 reported a year earlier. Corsair Beats Q3 Guidance as Revenue Grows 6% Year-over-Year
• Positive Sentiment: Full-year 2026 EPS guidance of $0.89–$0.94 is above the $0.85 consensus, while revenue guidance of $1.5 billion exceeds the $1.4 billion estimate. The outlook suggests Corsair expects stronger results than analysts had anticipated. Corsair Q3 and Nine-Month Results
• Neutral Sentiment: Q4 EPS guidance of $0.26–$0.31 brackets the $0.27 consensus; revenue guidance of $420–$450 million also spans the $436.5 million estimate. This points to expectations broadly in line with analysts for the coming quarter. Corsair Earnings Call
• Neutral Sentiment: Corsair introduced Dark Cherry Blossom versions of its TC500 and TC100 gaming chairs, adding themed products to its lineup; the report did not provide expected sales or financial impact. Corsair Launches Gaming Chairs

Analysts Set New Price Targets

A number of equities research analysts have issued reports on CRSR shares. Wedbush increased their price objective on shares of Corsair Gaming from $8.00 to $13.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Wall Street Zen upgraded shares of Corsair Gaming from a “buy” rating to a “strong-buy” rating in a research report on Sunday, November 1st. B. Riley Financial upped their target price on shares of Corsair Gaming from $7.50 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Craig Hallum reiterated a “hold” rating on shares of Corsair Gaming in a research report on Friday, August 7th. Finally, Barclays raised their price target on Corsair Gaming from $9.00 to $15.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Corsair Gaming has an average rating of “Hold” and an average price target of $12.29.

Corsair Gaming Price Performance

The firm’s 50-day moving average is $13.17 and its two-hundred day moving average is $9.14. The company has a market cap of $1.31 billion, a P/E ratio of 40.55 and a beta of 1.95. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.75 and a quick ratio of 1.04.

Corsair Gaming (NASDAQ:CRSR) last released its quarterly earnings results on Thursday, November 5th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. Corsair Gaming had a net margin of 2.36% and a return on equity of 13.10%. The company had revenue of $367.03 million for the quarter, compared to the consensus estimate of $336.62 million. During the same quarter in the prior year, the firm earned $0.06 earnings per share. Corsair Gaming’s revenue 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. Analysts anticipate that Corsair Gaming, Inc. will post 0.66 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 the stock. Maryland State Retirement & Pension System bought a new position in shares of Corsair Gaming during the 3rd quarter valued at approximately $137,000. Fulcrum Asset Management LLP bought a new stake in Corsair Gaming in the third quarter worth $204,000. Brighton Jones LLC lifted its position in Corsair Gaming by 13.0% in the third quarter. Brighton Jones LLC now owns 19,342 shares of the company’s stock worth $261,000 after buying an additional 2,226 shares during the last quarter. Pictet Asset Management Holding SA bought a new stake in Corsair Gaming in the third quarter worth $150,000. Finally, Chicago Partners Investment Group LLC boosted its stake in Corsair Gaming by 9.1% during the third quarter. Chicago Partners Investment Group LLC now owns 12,175 shares of the company’s stock worth $167,000 after buying an additional 1,014 shares during the period. 25.66% of the stock is owned by institutional investors.

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.