Corsair Gaming Inc logo

Corsair Gaming Inc(CRSR)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
3-STAR RATING
REGULAR BUY
BUY for 16 days
PROFIT SINCE LAST BUY
+6.97% ▲
LAST CLOSE
$13.66
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for CRSR

09/25/2026: CRSR (3-star) is a STRONG-BUY. BUY for 16 days. Simulated Profits (6.97%). Updated daily EoD!

Corsair Gaming Inc is a prominent designer and manufacturer of high-performance gear for gamers and content creators. The company has a leading position in the enthusiast PC component and streaming hardware markets, largely driven by its integrated iCUE ecosystem and successful brand acquisitions like Elgato. While Corsair benefits from strong brand loyalty and a diverse product portfolio, its reliance on consumer discretionary spending makes it sensitive to macroeconomic downturns. Investors should monitor the cyclical nature of PC gaming cycles and the company's ability to maintain margins against intense competition. This stock may suit growth-oriented investors looking for exposure to the gaming lifestyle sector, though it carries risks related to market volatility.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company operates in a mature yet cyclical industry with moderate growth prospects.
Momentum investorMixed fitMomentum is conditional on positive catalysts in gaming demand or product innovation cycles.
Value investorStrong fit while signal remains positiveThe stock can offer value entry points during cyclical downturns in the hardware market.
Dividend investorWeak fitCorsair does not pay a dividend and focuses capital on reinvestment.
Low-risk investorWeak fitThe company is subject to high volatility typical of consumer hardware stocks.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is sensitive to consumer sentiment and cyclical gaming demand.
Valuation riskMediumMarket sentiment heavily dictates the multiple assigned to gaming hardware firms.
Competition risk (Gaming hardware)Medium / highIntense pressure from established incumbents and low-cost rivals limits pricing power.
Business qualityMediumCorsair has a solid brand but operates in a sector with thin margins for many hardware segments.
Dividend incomeLow / noneIncome-focused investors will not find yield here.
Execution riskMediumSuccessfully integrating acquisitions and managing global supply chains is vital.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit 93.9%
Avg. Invested days 31
Today’s Advisory Regular Buy
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 4.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
CRSR receives a 3-star rating, supported by solid company fundamentals. The rating is constrained by weak unit economics, soft quantitative characteristics, and limited analyst upside.

Company Fundamentals

★★★★★
CRSR has solid overall fundamentals (4 stars), with moderate financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+85.4%) and solid revenue growth (+11.9%) are partially offset by soft cash generation (FCF margin 2.4%), soft profitability (net margin -0.8%), modest insider ownership of 3.77%.

Financial Health Rating

★★★★★
CRSR's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 18.7%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is CRSR's strongest growth driver at +85.4% FY2025 versus FY2024 (strong, 5 stars). Revenue growth (+11.9%, solid) and free-cash-flow growth (+33.5%, solid) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 90.8% and approximately 43.9% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 3.77% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 6.81%
Massachusetts Financial Services Company 2.88%
Dimensional Fund Advisors, Inc. 2.74%
Vanguard Portfolio Management, LLC 2.57%
Vanguard Capital Management, LLC 1.91%

Unit Economics (Per $1K Revenue)

★★★★★
CRSR generates approximately $289 of gross profit, $1 of operating income, and $24 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: -23.18% (Tax Credit)

Quantitative Style Profile

★★★★★
CRSR has a High Volatility Profile profile. Valuation that is moderately attractive rather than deeply discounted is the primary drawback, while elevated volatility.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze Risk

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.47B USD
Price to earnings Ratio 43.71
1Y Target Price 13.22
Price to earnings Ratio 43.71
1Y Target Price 13.22
Volume (30-day avg) 1.3M shares
Beta 1.88
52 Weeks Range 4.48 - 14.98
Updated Date 09/25/2026
52 Weeks Range 4.48 - 14.98
Updated Date 09/25/2026
Dividends yield (FY) -
Basic EPS (TTM) 0.31

How Company Makes Money

Business areaWhat it includesRetail investor read
Gamer and Creator PeripheralsKeyboards, mice, headsets, and Elgato streaming gear.This is a premium-focused, high-margin segment of the business.
Gaming Components and SystemsDRAM, power supplies, cases, and cooling products.This segment provides volume and serves as the foundation for the enthusiast PC market.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 43.71
Forward PE 17.33
Enterprise Value 1.46B
Price to Sales(TTM) 1.01
Enterprise Value 1.46B
Price to Sales(TTM) 1.01
Enterprise Value to Revenue 1
Enterprise Value to EBITDA 14.55
Shares Outstanding 108.18M
Shares Floating 47.47M
Shares Outstanding 108.18M
Shares Floating 47.47M
Percent Insiders 3.77
Percent Institutions 90.77

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Corsair Gaming Inc

Exchange NASDAQ
Headquarters Milpitas, CA, United States
IPO Launch date 2020-09-23
CEO, President, COO & Director Ms. Thi L. La
Sector Technology
Industry Computer Hardware
Full time employees 2355
Full time employees 2355

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. The Gamer and Creator Peripherals segment offers gaming keyboards, mice, headsets, and controllers Stream Decks, microphones, teleprompters, audio interfaces, Facecam streaming cameras, studio accessories, command center displays, sim racing products, and gaming furniture. Its Gaming Components and Systems segment provides power supply units, cooling solutions, computer cases, dynamic random access memory modules. pre- and custom-built gaming personal computers and laptops, and AI workstations. The company also offers software platforms, including iCUE for gamers and Elgato streaming suite for content creators, as well as digital services. It 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.