Corsair Gaming, Inc. (CRSR) Stock Price & Analysis
Corsair Gaming, Inc. (CRSR) closed at USD 13.64 on Thursday, October 22, 2026, down 1.23% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 13.81; the Oct 22, 2026 session ranged USD 13.13–13.64 on volume of 833,752 shares. Market capitalization is $1.48B, with a 52-week range of USD 4.48–14.98 (NMS). Source: Nexqual, retrieved October 23, 2026 at 10:32 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CRSR.md
Key facts (CRSR)
- Last four reported quarters (through Jun 30, 2026): revenue $1.45B, net income $36.8M (2.5% margin), free cash flow $89.7M (SEC filings).
- Valuation: P/E 40.1x, EV/EBITDA 24.5x, net cash $75.6M.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $121K; 1 not under a Rule 10b5-1 plan ($121K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.56 on a 1–5 scale) (9 analysts), mean target USD 13.22 (range 11–16).
- Total return with dividends: 1Y +62.4% vs S&P 500 +14.9%; 5Y -45.2% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 0.12, revenue estimate $337M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CRSR)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.90B | $1.38B | $1.46B | $1.32B | $1.47B | $1.45B |
| Gross profit | $514M | $297M | $360M | $328M | $426M | — |
| Operating income | $138M | -$54.8M | $9.7M | -$50.0M | $2.1M | $42.7M |
| Net income | $101M | -$54.4M | -$2.6M | -$85.2M | -$16.2M | $36.8M |
| EPS (diluted) | $1.01 | -$0.63 | $0.03 | -$0.95 | -$0.12 | — |
| Free cash flow | $9.2M | $40.1M | $76.4M | $26.0M | $34.7M | $89.7M |
| Gross margin | 27.0% | 21.6% | 24.7% | 24.9% | 28.9% | — |
| Operating margin | 7.2% | -4.0% | 0.7% | -3.8% | 0.1% | 2.9% |
| Net margin | 5.3% | -4.0% | -0.2% | -6.5% | -1.1% | 2.5% |
| Revenue growth | +11.8% | -27.8% | +6.2% | -9.8% | +11.9% | — |
| Cash + short-term investments | $65.4M | $154M | $179M | $110M | $98.8M | — |
| Total debt | $248M | $239M | $198M | $174M | $121M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (CRSR)
P/E 40.1x · P/S 1.0x · EV/EBITDA 24.5x · EV/Sales 1.0x · P/FCF 16.4x · P/B 2.2x · FCF yield 6.08% · Earnings yield 2.49% · Net cash $75.6M · EV $1.40B
Insider sales (SEC Form 4, open-market, last ~7 months) (CRSR)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-13 | Kim Sarah Mears | Director | 8,874 | $121K | 28.3% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (CRSR)
Consensus Hold (mean 2.56 on a 1–5 scale), 9 analysts; mean target USD 13.22 (low 11, high 16).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-10 | Barclays | Target raised | Overweight | $9 → $15 |
| 2026-08-03 | Wedbush | Target raised | Outperform | $8 → $13 |
| 2026-07-23 | B. Riley Securities | Target raised | Neutral | $7.5 → $9 |
| 2026-07-22 | Roth Capital | Initiated | Buy | $15 |
Total return (dividends reinvested) (CRSR)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +62.4% | -45.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +62.6% | -11.3% |
| Volatility (annualized) | 83.4% | 60.3% |
| Max drawdown | -46.7% (Oct 2025→Feb 2026) | -80.8% (Nov 2021→Jan 2026) |
CRSR suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | NVIDIA (NVDA) | “In addition, our marketing personnel regularly meets with other key industry suppliers such as NVIDIA, Intel, AMD and game publishers in order to ensure that our product development efforts appropriately address the needs of their new products and to discuss trends and changes in the computer technology market.” |
| Supplier | Intel (INTC) | “In addition, our marketing personnel regularly meets with other key industry suppliers such as NVIDIA, Intel, AMD and game publishers in order to ensure that our product development efforts appropriately address the needs of their new products and to discuss trends and changes in the computer technology market.” |
| Supplier | AMD (AMD) | “In addition, our marketing personnel regularly meets with other key industry suppliers such as NVIDIA, Intel, AMD and game publishers in order to ensure that our product development efforts appropriately address the needs of their new products and to discuss trends and changes in the computer technology market.” |
| Customer | Amazon (AMZN) | “In 2025 and 2024, sales to Amazon accounted for 27.4% and 30.9% of our net revenue, respectively.” |
| Competitor | Microsoft (MSFT) | “Our primary competitors in the performance controller market include Microsoft and Logitech.” |
| Competitor | Dell Technologies (DELL) | “Our primary competitors in the market for prebuilt gaming PCs and laptops include Dell through its Alienware brand, HP through its Omen brand, Asus, MSI and Razer.” |
Quoted from the company's 10-K filed Feb 25, 2026.
CRSR company outlook (results filed Aug 6, 2026)
- “Financial Outlook: For the third quarter of 2026, we expect: • Net revenue to be in the range of $320 million to $350 million. • Adjusted EBITDA to be in the range of $18 million to $21 million. • Non-GAAP EPS to be in the range of $0.09 to $0.12.”
- “For the full year 2026, we expect: • Net revenue to be in the range of $1.40 billion to $1.47 billion. • Adjusted EBITDA to be in the range of $121 to $131 million. • Non-GAAP EPS to be in the range of $0.85 to $0.94.”
- “The third quarter and full year 2026 outlook assumes continued double-digit growth in Gamer and Creator Peripherals, led by Fanatec, Elgato and Stream Deck, with the higher-margin mix and continued direct-to-consumer progress supporting consolidated gross margin.”
- “Our full year 2026 outlook for net revenue represents an increase of approximately $35 million at the assumed midpoint of our updated guidance range, compared to our prior guidance.”
Analysts expect $336.6M for the current quarter, 0.5% above the midpoint of the company's guidance ($335.0M).
Quoted word-for-word from the SEC 8-K results press release.
CRSR analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.12 | $0.11 | +7.0% | $336.6M | 9 |
| Next quarter (ends Dec 2026) | $0.29 | $0.27 | +6.4% | $435.5M | 9 |
| Current fiscal year (ends Dec 2026) | $0.90 | $0.72 | +25.0% | $1.44B | 9 |
| Next fiscal year (ends Dec 2027) | $0.83 | $0.77 | +7.8% | $1.51B | 9 |
CRSR options: expected move
Options price a move of about ±19.8% (±$2.70) by Nov 20, 2026, which includes earnings on Nov 5, 2026. Over the last 8 reports the stock moved ±15.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 86.5% | ±19.8% |
| Dec 18, 2026 | 56 | 74.8% | ±23.5% |
| Feb 19, 2027 | 119 | 67.6% | ±30.1% |
| May 21, 2027 | 210 | 66.3% | ±38.7% |
30-day implied volatility 87.1% vs 48.5% realized over the last 30 trading days. Put/call ratio (volume) 3.61. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 10:32 UTC)
| Price | USD 13.64 |
|---|---|
| Change | ▼ 1.23% (down) |
| Previous Close | USD 13.81 |
| Open | USD 13.55 |
| Day Range | USD 13.13 – 13.64 |
| 52-Week Range | USD 4.48 – 14.98 |
| Volume | 833,752 shares |
| Market Cap | $1.48B |
| Exchange | NMS |
Technical Analysis (CRSR)
Nexqual's technical model rates CRSR "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 23, 2026 at 10:32 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 54.13 (neutral) |
| vs SMA50 | Above (USD 12.9) |
| MACD | 0.13 (positive) |
Analyst Ratings (CRSR)
Wall Street analysts rate CRSR "Hold" based on 9 analysts, with a mean price target of USD 13.22 (range USD 11–16), per Nexqual as of October 23, 2026 at 10:32 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 9 |
| Mean Target | USD 13.22 |
| High Target | USD 16 |
| Low Target | USD 11 |
| Buy / Hold / Sell | 4 / 4 / 1 |
Earnings (CRSR)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 0.12 |
| Revenue Estimate | $336.62M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.23 vs est 0.07 ▲ beat |
| 2026-03-31 | USD 0.27 vs est 0.18 ▲ beat |
| 2025-12-31 | USD 0.43 vs est 0.27 ▲ beat |
| 2025-09-30 | USD 0.06 vs est 0.09 ▼ miss |
Source: Nexqual, October 23, 2026 at 10:32 UTC.
Financials & Fundamentals (CRSR)
| Total Revenue | $1.45B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -1.80% |
| Gross Margin | +30.53% |
| Operating Margin | -2.54% |
| Profit Margin | +2.54% |
| ROE | +5.85% |
| Debt / Equity | 0.27 |
| Current Ratio | 1.75 |
| Total Cash | $192.24M |
| Total Debt | $184.87M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $89.72M (6.2% of revenue) |
Source: Nexqual, October 23, 2026 at 10:32 UTC.
Financial Health Score (CRSR)
Nexqual rates Corsair Gaming, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:32 UTC.
| Growth | Solid — Revenue +12% YoY (annual) |
|---|---|
| Profitability | Weak — Gross margin 31%, operating -3% (last 12 months) |
| Balance Sheet | Strong — $194M cash and investments vs $118M debt (Jun 2026, SEC), net cash |
| Cash Flow | Solid — FCF $90M (last 4 quarters to Jun 2026, SEC), 6% margin |
| Efficiency | Mixed — ROE 6%, ROA 1.4% |
Ownership (CRSR)
| Insider Ownership | +3.77% |
|---|---|
| Institutional Ownership | +90.79% |
| Shares Outstanding | 108.18M |
| Float | 47.47M |
| Short % of Float | +18.94% |
Source: Nexqual, October 23, 2026 at 10:32 UTC.
Leadership (CRSR)
Corsair Gaming, Inc. is led by Thi L. La, CEO, President, COO & Director, per Nexqual as of October 23, 2026 at 10:32 UTC.
| CEO, President, COO & Director | Thi L. La |
|---|---|
| Chief Financial Officer | Gordon Mattingly |
| Chief Technology Officer | Roland Oberdorfer |
| Vice President of Finance & Investor Relations | Ronald Van Veen |
| Senior Vice President of Worldwide Sales | Michael Buchanan |
Major Backers & Investors (CRSR)
Notable institutional backers of Corsair Gaming, Inc. include AQR Capital Management, LLC, Massachusetts Financial Services Co., Goldman Sachs, according to Nexqual as of October 23, 2026 at 10:32 UTC.
Active Investors
| Investor | Stake |
|---|---|
| AQR Capital Management, LLC | 2.86% |
| Massachusetts Financial Services Co. | 1.86% |
| Goldman Sachs | 1.45% |
| MFS SERIES TRUST I-MFS New Discovery Fund | 1.17% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 7.18% |
| Vanguard Group | 4.53% |
| Dimensional Fund Advisors | 2.74% |
| State Street | 1.62% |
| Geode Capital | 1.18% |
| TIAA-CREF Funds-Nuveen Quant Small Cap Equity Fund | 0.91% |
Source: Nexqual, October 23, 2026 at 10:32 UTC.
From Corsair Gaming, Inc.'s Latest SEC 10-K Filing (filed 2026-02-25)
Key Strengths & Strategy (as disclosed to the SEC)
- We currently ship to 74 countries across six continents, with our products being sold at leading retailers including Amazon, Best Buy and Walmart.
- Our product offering is enhanced by our two proprietary software platforms: iCUE for gamers and the Elgato software suite for content creators, including our Stream Deck control software.
- We believe we can continue to grow by offering market-leading products to gamers, creators, and sim racing enthusiasts, expanding the breadth of our product suite to meet the needs of our customers, continuing to invest in marketing, product innovation and sales, and selectively pursuing accretive acquisitions, such as the ten acquisitions we have completed since 2018, including the Fanatec acquisition in September 2024.
- Leading platforms continue to operate at significant global scale, with YouTube reporting approximately 2.7 billion monthly active users and Twitch averaging approximately of 2.5 million concurrent viewers in 2025, each supporting a large and engaged global creator community.
Partnerships
- We collaborate with hardware manufacturers, game publishers, esports organizations, and creators to enhance ecosystem compatibility and product visibility.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in trade policy and regulations in the U.S. and other countries, including changes in trade agreements and the imposition of tariffs, as well as retaliatory responses, may have adverse impacts on our business, results of operations and financial condition.
- Our indemnification obligations to our customers and suppliers for intellectual property infringement claims could require us to pay substantial amounts and may seriously harm our business.
- We conduct our operations and sell our products internationally and the effect of business, legal, geopolitical and economic risks associated with international operations may seriously harm our business.
- We are subject to taxation-related risks in multiple jurisdictions, and the adoption and interpretation of new tax legislation, tax regulations, tax rulings, or exposure to additional tax liabilities could materially affect our business, financial condition and results of operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:32 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt