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Corsair Gaming, Inc. (CRSR)
:CRSR
Holding CRSR?
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CRSR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$5.60 - $14.13
Previous CloseN/A
Volume167.09K
Average Volume (3M)587.15K
Market Cap
$871.63M
Enterprise Value$923.08M
Total Cash (Recent Filing)$25.64M
Total Debt (Recent Filing)$394.11M
Price to Earnings (P/E)―
Beta1.44
Next Earnings
Feb 11, 2025EPS Estimate
0.17Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.91
Shares Outstanding104,700,370
10 Day Avg. Volume725,828
30 Day Avg. Volume587,148
Standard Deviation0.15
R-Squared0.27
Alpha-0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.66
Price to Cash Flow (P/CF)8.70
P/FCF Ratio7.80
Enterprise Value/Market Cap1.06
Enterprise Value/Revenue0.70
Enterprise Value/Gross Profit2.56
Enterprise Value/Ebitda-92.46
Forecast
1Y Price Target
$8.83Price Target Upside6.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Corsair Gaming News
PremiumCompany Announcements
Corsair Gaming Announces Q3 2024 Financial Results
Bulls Say, Bears Say
Bulls Say
AcquisitionCorsair closed the acquisition of Fanatec, which are sim racing products that Corsair will target towards premium consumer segments.
Market PerformanceGamer & Creator Peripherals were up 13% year-over-year, growing for the fourth consecutive quarter, with margin expansion to 38.3%, helped by demand for new products.
Product LaunchThe potential early Q1 launch of refreshed gaming GPUs could stimulate meaningful demand for systems, components, and peripherals.
Bears Say
Financial PerformanceCorsair reported Q3 results that were below estimates and consensus on revenue and EBITDA, primarily due to mix shifts to lower-margin components.
Market DynamicsThe delay in new GPU releases is causing gamers to hold off building new high-end systems and shifting towards lower-end components, impacting sales and margin mix.
Market Share ConcernsCorsair will have to prove to investors that it did not permanently lose market share by attempting to preserve its premium status over the last year.
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Ownership Overview
3.57% Insiders
11.26% Mutual Funds
<0.01% Other Institutional Investors
72.63% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CRSR FAQ
What was Corsair Gaming, Inc.’s price range in the past 12 months?
Corsair Gaming, Inc. lowest stock price was $5.59 and its highest was $14.13 in the past 12 months.
What is Corsair Gaming, Inc.’s market cap?
Corsair Gaming, Inc.’s market cap is $871.63M.
When is Corsair Gaming, Inc.’s upcoming earnings report date?
Corsair Gaming, Inc.’s upcoming earnings report date is Feb 11, 2025 which is in 20 days.
How were Corsair Gaming, Inc.’s earnings last quarter?
Corsair Gaming, Inc. released its earnings results on Nov 06, 2024. The company reported -$0.29 earnings per share for the quarter, missing the consensus estimate of $0.072 by -$0.362.
Is Corsair Gaming, Inc. overvalued?
According to Wall Street analysts Corsair Gaming, Inc.’s price is currently Undervalued.
Does Corsair Gaming, Inc. pay dividends?
Corsair Gaming, Inc. does not currently pay dividends.
What is Corsair Gaming, Inc.’s EPS estimate?
Corsair Gaming, Inc.’s EPS estimate is 0.17.
How many shares outstanding does Corsair Gaming, Inc. have?
Corsair Gaming, Inc. has 104,700,370 shares outstanding.
What happened to Corsair Gaming, Inc.’s price movement after its last earnings report?
Corsair Gaming, Inc. reported an EPS of -$0.29 in its last earnings report, missing expectations of $0.072. Following the earnings report the stock price went down -3.792%.
Which hedge fund is a major shareholder of Corsair Gaming, Inc.?
Among the largest hedge funds holding Corsair Gaming, Inc.’s share is EntryPoint Capital, LLC. It holds Corsair Gaming, Inc.’s shares valued at 0.
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Corsair Gaming Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$8.83 (6.13% Upside)
$8.83 (6.13% Upside)
Blogger Sentiment
Neutral
CRSR Sentiment 50%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 17.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-35.81%
12-Months-Change
Fundamentals
Return on Equity
-15.11%
Trailing 12-Months
Asset Growth
-10.12%
Trailing 12-Months
Company Description
Corsair Gaming, Inc.
Corsair Gaming Inc is engaged in the business of providing high-performance gear for gamers and content creators. The product portfolio includes Cases, Keyboards, Mice, Headsets, Power Supplies, Gaming Computers, Gaming Chairs, Mouse pads, and other related products. The company operates in two segments namely, Gamer and Creator peripherals and gaming Components and systems.
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CRSR Company Deck
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CRSR Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture: strong growth in peripherals and strategic partnerships were overshadowed by declines in revenue, gross margins, and a significant net loss. Positive future expectations are noted, but current financial metrics indicate caution.Read More>---
CRSR Stock 12 Month Forecast
Average Price Target
$8.83
▲(6.13% Upside)
Technical Analysis
Best Analysts Covering CRSR
1 Year
1 Year Success Rate
5/17 ratings generated profit
1 Year Average Return
-22.99%
reiterated a buy rating 14 days ago
Copying George Wang CFA's trades and holding each position for 1 Year would result in 29.41% of your transactions generating a profit, with an average return of -22.99% per trade.
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