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Corsair Gaming Inc (CRSR)

Upturn stock ratingUpturn stock rating
$9.43
Last Close (24-hour delay)
Profit since last BUY3.51%
upturn advisory
Consider higher Upturn Star rating
BUY since 19 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

06/30/2025: CRSR (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

6 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $10.67

1 Year Target Price $10.67

Analysts Price Target For last 52 week
$10.67Target price
Low$5.59
Current$9.43
high$13.02

Analysis of Past Performance

Type Stock
Historic Profit -0.03%
Avg. Invested days 30
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.01B USD
Price to earnings Ratio -
1Y Target Price 10.67
Price to earnings Ratio -
1Y Target Price 10.67
Volume (30-day avg) 6
Beta 1.77
52 Weeks Range 5.59 - 13.02
Updated Date 06/30/2025
52 Weeks Range 5.59 - 13.02
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.93

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -6.23%
Operating Margin (TTM) -0.61%

Management Effectiveness

Return on Assets (TTM) -2.1%
Return on Equity (TTM) -12.6%

Valuation

Trailing PE -
Forward PE 20.45
Enterprise Value 1123670300
Price to Sales(TTM) 0.75
Enterprise Value 1123670300
Price to Sales(TTM) 0.75
Enterprise Value to Revenue 0.83
Enterprise Value to EBITDA 149.15
Shares Outstanding 105821000
Shares Floating 46039606
Shares Outstanding 105821000
Shares Floating 46039606
Percent Insiders 3.28
Percent Institutions 89.71

Analyst Ratings

Rating 3
Target Price 10.67
Buy 1
Strong Buy 2
Buy 1
Strong Buy 2
Hold 3
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Corsair Gaming Inc

stock logo

Company Overview

overview logo History and Background

Corsair Gaming, Inc. was founded in 1994 as Corsair Microsystems Inc. and initially focused on manufacturing Level 2 cache modules for PCs. Over time, it expanded into DRAM modules, power supplies, cooling solutions, cases, and peripherals, becoming a prominent player in the gaming hardware market.

business area logo Core Business Areas

  • Gaming Components and Systems: Includes DRAM modules, power supplies, PC cases, cooling solutions, and prebuilt gaming PCs.
  • Gaming Peripherals: Includes keyboards, mice, headsets, controllers, and streaming equipment.

leadership logo Leadership and Structure

Andy Paul serves as the Chief Executive Officer. The company has a functional organizational structure with departments focusing on product development, sales, marketing, finance, and operations.

Top Products and Market Share

overview logo Key Offerings

  • DRAM Modules: High-performance memory modules. Market share varies by segment (e.g., enthusiast vs. OEM). Competitors include Kingston Technology (private) and Micron Technology (MU). Revenue is included in the Gaming Components segment.
  • Power Supplies: High-quality PC power supplies. Corsair holds a significant market share. Competitors include SeaSonic (private) and EVGA (private). Revenue is included in the Gaming Components segment.
  • Gaming Keyboards: Mechanical gaming keyboards. Competitors include Razer (1337.HK), Logitech (LOGI), and SteelSeries (private). Corsair gaming keyboards is said to have a market share of 15%. Revenue is included in the Gaming Peripherals segment.
  • Gaming Headsets: Wired and wireless gaming headsets.Competitors include Razer (1337.HK), Logitech (LOGI), and SteelSeries (private). Corsair gaming headsets is said to have a market share of 18%. Revenue is included in the Gaming Peripherals segment.

Market Dynamics

industry overview logo Industry Overview

The gaming hardware market is experiencing growth driven by increasing popularity of esports, live streaming, and PC gaming. There is seasonality in Q4.

Positioning

Corsair positions itself as a premium brand focused on high-performance and high-quality gaming products. Its competitive advantage lies in its strong brand reputation, innovative product design, and extensive product portfolio.

Total Addressable Market (TAM)

The total addressable market for PC gaming hardware and peripherals is estimated to be over $50 billion. Corsair is well positioned to capture a significant share of this TAM with its broad product line and brand recognition.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition
  • Diverse product portfolio
  • High-quality products
  • Established distribution network
  • Focus on innovation

Weaknesses

  • Exposure to cyclicality of PC market
  • Reliance on third-party manufacturers
  • High inventory risk
  • Vulnerability to supply chain disruptions

Opportunities

  • Expansion into new gaming segments (e.g., VR)
  • Growth in esports and streaming markets
  • Strategic acquisitions
  • Increasing demand for high-performance PCs

Threats

  • Intense competition
  • Technological obsolescence
  • Economic downturns
  • Supply chain disruptions
  • Changes in consumer preferences

Competitors and Market Share

competitor logo Key Competitors

  • LOGI
  • RAZR
  • GNRC

Competitive Landscape

Corsair faces competition from established players in the gaming hardware market. Advantages include brand reputation and product diversity. Disadvantages can include higher prices than other brands.

Major Acquisitions

Origin PC

  • Year: 2019
  • Acquisition Price (USD millions): 40
  • Strategic Rationale: Acquisition of Origin PC expanded Corsair's presence in the high-end custom gaming PC market.

Growth Trajectory and Initiatives

Historical Growth: Corsair has experienced growth driven by increased demand for gaming hardware and peripherals.

Future Projections: Analyst projections vary but generally anticipate continued growth in revenue and earnings.

Recent Initiatives: Recent initiatives include new product launches, acquisitions, and partnerships.

Summary

Corsair is a strong player in the gaming hardware and peripherals market with a reputable brand and diverse product portfolio. Its performance is closely tied to the PC gaming market and subject to economic fluctuations. While its product innovations and strategic acquisitions support future growth, intense competition and supply chain vulnerabilities are risks to watch out for. It is an industry leader, but they need to focus on better financial management. The are considered a very Strong industry leader that needs to focus on the financial health of the company.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Analyst Reports
  • Industry News
  • Company Website
  • Market Research Reports

Disclaimers:

This analysis is based on available data and is for informational purposes only. It should not be considered financial advice. Market conditions and company performance can change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Corsair Gaming Inc

Exchange NASDAQ
Headquaters Milpitas, CA, United States
IPO Launch date 2020-09-23
Co-Founder, CEO & Director Mr. Andrew J. Paul
Sector Technology
Industry Computer Hardware
Full time employees 2567
Full time employees 2567

Corsair Gaming, Inc., together with its subsidiaries, designs and sells gaming and streaming peripherals, components, and systems in Europe, the Middle East, North Africa, North America, Latin America, and the Asia Pacific. The company operates in two segments, Gamer and Creator Peripherals, and Gaming Components and Systems. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, and controllers; and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, sim racing products, gaming furniture, and others. The company also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, SSD, and dynamic random access memory modules, as well as pre- and custom-built gaming personal computers and laptops, and gaming monitors. In addition, it offers personal computer gaming software, which includes software platforms, including iCUE for gamers and Elgato streaming suite for content creators, as well as digital services. The company sells its products through e-retail, retail, and direct-to-consumer channels, as well as distributors. The company was formerly known as Corsair Components (Cayman) Ltd and changed its name to Corsair Gaming, Inc. in 2018. Corsair Gaming, Inc. was incorporated in 1994 and is headquartered in Milpitas, California.