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

Corsair Gaming (NASDAQ:CRSR) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.090-0.120 for the period, compared to the consensus earnings per share 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.

Corsair Gaming Stock Performance

Shares of CRSR opened at $14.35 on Friday. The firm has a market cap of $1.53 billion, a P/E ratio of 47.83 and a beta of 1.85. Corsair Gaming has a twelve month low of $4.48 and a twelve month high of $14.58. 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’s 50 day moving average price is $9.67 and its two-hundred day moving average price is $7.38.

Corsair Gaming (NASDAQ:CRSR) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 2.36% and a return on equity of 13.30%. The firm’s revenue was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.01 earnings per share. 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. On average, analysts forecast that Corsair Gaming will post 0.48 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Craig Hallum reissued a “hold” rating on shares of Corsair Gaming in a research note on Friday. Barclays boosted their target price on Corsair Gaming from $8.00 to $9.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Zacks Research raised shares of Corsair Gaming from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. B. Riley Financial boosted their price objective 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. Finally, Wedbush lifted their price target on shares of Corsair Gaming from $8.00 to $13.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $11.29.

Key Headlines 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 Trading of Corsair Gaming

A number of hedge funds have recently made changes to their positions in the business. Kemnay Advisory Services Inc. acquired a new position in shares of Corsair Gaming during the 4th quarter worth approximately $37,000. Tower Research Capital LLC TRC boosted its position in Corsair Gaming by 245.9% during the second quarter. Tower Research Capital LLC TRC now owns 5,178 shares of the company’s stock worth $49,000 after purchasing an additional 3,681 shares during the period. Mercer Global Advisors Inc. ADV bought a new position in Corsair Gaming during the fourth quarter worth $62,000. BNP Paribas Financial Markets increased its holdings in shares of Corsair Gaming by 24.7% in the second quarter. BNP Paribas Financial Markets now owns 7,819 shares of the company’s stock valued at $74,000 after purchasing an additional 1,551 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new position in shares of Corsair Gaming in the second quarter valued at $97,000. 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.