Corsair Gaming (NASDAQ:CRSR) Issues Q3 2026 Earnings Guidance

Corsair Gaming (NASDAQ:CRSR) updated its third quarter 2026 earnings guidance on Thursday morning. 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

A number of equities research analysts recently weighed in on CRSR shares. Roth Capital started coverage on shares of Corsair Gaming in a research note on Wednesday, July 22nd. They issued a “buy” rating and a $15.00 target price on the stock. Wedbush boosted their price target on shares of Corsair Gaming from $8.00 to $13.00 and gave the stock an “outperform” rating in a research note on Monday. B. Riley Financial increased their price target on shares of Corsair Gaming from $7.50 to $9.00 and gave the stock a “neutral” rating in a report on Thursday, July 23rd. 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. Finally, Weiss Ratings raised shares of Corsair Gaming from a “sell (e+)” rating to a “sell (d)” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Corsair Gaming presently has an average rating of “Moderate Buy” and a consensus target price of $10.29.

Corsair Gaming Price Performance

Shares of Corsair Gaming stock traded down $0.59 during trading on Thursday, hitting $10.61. 2,457,507 shares of the stock traded hands, compared to its average volume of 1,492,253. The company has a quick ratio of 0.95, a current ratio of 1.74 and a debt-to-equity ratio of 0.18. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 132.64 and a beta of 1.85. The firm’s fifty day moving average is $9.63 and its 200-day moving average is $7.33. Corsair Gaming has a 52 week low of $4.48 and a 52 week high of $13.10.

Corsair Gaming (NASDAQ:CRSR) last released its earnings results on Thursday, August 6th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.16. The company had revenue of $314.33 million during the quarter, compared to the consensus estimate of $310.47 million. Corsair Gaming had a return on equity of 9.71% and a net margin of 0.71%.Corsair Gaming’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 EPS. 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. Research analysts expect that Corsair Gaming will post 0.48 EPS for the current fiscal year.

Institutional Investors Weigh In On Corsair Gaming

A number of institutional investors have recently made changes to their positions in CRSR. Invesco Ltd. boosted 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 acquiring an additional 786,049 shares during the period. Millennium Management LLC grew its position in Corsair Gaming by 506.2% during the 4th quarter. Millennium Management LLC now owns 635,798 shares of the company’s stock worth $3,777,000 after acquiring an additional 530,914 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Corsair Gaming in the 3rd quarter worth approximately $3,877,000. AQR Capital Management LLC increased its stake in Corsair Gaming by 328.9% in the 2nd quarter. AQR Capital Management LLC now owns 397,881 shares of the company’s stock worth $3,752,000 after purchasing an additional 305,103 shares during the period. Finally, Qube Research & Technologies Ltd bought a new stake in Corsair Gaming in the third quarter valued at approximately $2,555,000. Hedge funds and other institutional investors own 25.66% of the company’s stock.

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.