Corsair Gaming (NASDAQ:CRSR) Updates FY 2026 Earnings Guidance

Corsair Gaming (NASDAQ:CRSR) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.850-0.940 for the period, compared to the consensus EPS estimate of 0.660. The company issued revenue guidance of $1.4 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion. Corsair Gaming also updated its Q3 2026 guidance to 0.090-0.120 EPS.

Corsair Gaming Trading Up 35.2%

Shares of CRSR opened at $14.35 on Friday. Corsair Gaming has a 52-week low of $4.48 and a 52-week high of $14.58. The business’s fifty day moving average is $9.67 and its 200-day moving average is $7.38. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.95 and a current ratio of 1.74. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 47.83 and a beta of 1.85.

Corsair Gaming (NASDAQ:CRSR) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.16. Corsair Gaming had a return on equity of 13.30% and a net margin of 2.36%.The business had revenue of $314.33 million for the quarter, compared to analyst estimates of $310.47 million. During the same period last year, the firm posted $0.01 earnings per share. Corsair Gaming’s revenue was down 1.8% compared to the same quarter last year. 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 anticipate that Corsair Gaming will post 0.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CRSR has been the topic of a number of research analyst reports. Barclays raised their price target on shares of Corsair Gaming from $8.00 to $9.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Weiss Ratings upgraded shares of Corsair Gaming from a “sell (e+)” rating to a “sell (d)” rating in a research report on Monday, May 11th. Craig Hallum reissued a “hold” rating on shares of Corsair Gaming in a research note on Friday. Robert W. Baird set a $12.00 target price on shares of Corsair Gaming in a research report on Friday. Finally, B. Riley Financial boosted their target price on shares of Corsair Gaming from $7.50 to $9.00 and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.29.

Key Stories Impacting Corsair Gaming

Here are the key news stories impacting Corsair Gaming this week:

• Positive Sentiment: Corsair reported second-quarter adjusted EPS of $0.23, well above the $0.07 analyst consensus, while revenue of approximately $314.3 million modestly exceeded expectations of $310.5 million. EPS increased from $0.01 in the year-ago quarter. Why Corsair Gaming Stock is Soaring Thursday
• Positive Sentiment: Record margins were a key catalyst for the rally, suggesting that Corsair is converting sales into profit more effectively and providing investors with greater confidence in its earnings recovery. Corsair Gaming jumps 34% as record margins, higher guidance fuel rally
• Positive Sentiment: Management raised fiscal 2026 EPS guidance to $0.85-$0.94, substantially above the $0.66 consensus estimate. Full-year revenue guidance of $1.4-$1.5 billion was at least in line with expectations, indicating that the earnings improvement is being driven primarily by profitability. Corsair Gaming Q2 2026 Earnings Call Transcript
• Positive Sentiment: Third-quarter guidance calls for EPS of $0.09-$0.12 and revenue of $320-$350 million, broadly consistent with analyst expectations and supporting the view that recent operating improvements can continue.
• Negative Sentiment: Second-quarter revenue declined 1.8% year over year, and the reported net margin remained thin at 0.71%. This leaves Corsair reliant on sustained margin expansion and cost control to justify the stock’s higher valuation.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. State of Wisconsin Investment Board acquired a new position in shares of Corsair Gaming in the fourth quarter worth approximately $124,000. EntryPoint Capital LLC acquired a new stake in Corsair Gaming during the 4th quarter valued at approximately $193,000. Virtus Advisers LLC increased its position in Corsair Gaming by 300.1% during the 3rd quarter. Virtus Advisers LLC now owns 19,147 shares of the company’s stock valued at $171,000 after purchasing an additional 14,362 shares during the period. BNP Paribas Financial Markets raised its holdings in Corsair Gaming by 100.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 15,695 shares of the company’s stock worth $140,000 after purchasing an additional 7,876 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in Corsair Gaming during the 3rd quarter worth approximately $138,000. 25.66% of the stock is owned by institutional investors and hedge funds.

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.