(CRSR) Corsair Gaming - Overview

Sector: TechnologyIndustry: Computer Hardware | Exchange NASDAQ (USA) | Currency USD | Market Cap: 567m | Total Return -40% in 12m

Stock Peripherals, Components, Systems, Software
Total Rating 41
Risk 76
Buy Signal -0.60
Computer Hardware +1.5
Technology Hardware, Storage & Peripherals +6.9
Market Cap: 567m
Avg Trading Vol: 7.90M USD
ATR: 6.13%
Peers RS (IBD): 21.4
Risk 5d forecast
Volatility67.6%
Rel. Tail Risk-10.2%
Reward TTM
Sharpe Ratio-0.45
Alpha-73.62
Character TTM
Beta2.665
Beta Downside4.261
Drawdowns 3y
Max DD77.03%
CAGR/Max DD-0.44
EPS (Earnings per Share) EPS (Earnings per Share) of CRSR over the last years for every Quarter: "2021-03": 0.58, "2021-06": 0.36, "2021-09": 0.16, "2021-12": 0.35, "2022-03": 0.09, "2022-06": -0.2, "2022-09": 0.08, "2022-12": 0.2, "2023-03": 0.11, "2023-06": 0.09, "2023-09": 0.13, "2023-12": 0.22, "2024-03": 0.09, "2024-06": -0.28, "2024-09": -0.29, "2024-12": 0.23, "2025-03": 0.11, "2025-06": 0.01, "2025-09": -0.09, "2025-12": 0.43,
EPS CAGR: 51.75%
EPS Trend: 8.7%
Last SUE: 1.14
Qual. Beats: 1
Revenue Revenue of CRSR over the last years for every Quarter: 2021-03: 529.414, 2021-06: 472.903, 2021-09: 391.121, 2021-12: 510.622, 2022-03: 380.691, 2022-06: 283.908, 2022-09: 311.769, 2022-12: 398.73, 2023-03: 353.964, 2023-06: 325.432, 2023-09: 363.193, 2023-12: 417.286, 2024-03: 337.257, 2024-06: 261.3, 2024-09: 304.199, 2024-12: 413.623, 2025-03: 369.75, 2025-06: 320.112, 2025-09: 345.763, 2025-12: 436.855,
Rev. CAGR: 3.74%
Rev. Trend: 18.1%
Last SUE: 0.82
Qual. Beats: 0
Risks
Technicals: volatile
Description: CRSR Corsair Gaming March 04, 2026

Corsair Gaming, Inc. (CRSR) designs and sells gaming and streaming products globally. The company operates in two segments: Gamer and Creator Peripherals, and Gaming Components and Systems. This dual-segment approach is common among consumer electronics companies targeting both enthusiast and professional markets.

The Gamer and Creator Peripherals segment includes products like keyboards, mice, headsets, and streaming tools. The Gaming Components and Systems segment offers power supplies, cooling solutions, PC cases, memory, and pre-built computers. This diversified product portfolio is typical for hardware manufacturers in the competitive PC gaming sector, which relies on continuous innovation.

Corsair also provides software platforms such as iCUE for gamers and Elgato streaming suite for content creators, alongside digital services. Distribution channels include e-retail, traditional retail, direct-to-consumer sales, and distributors. Understanding these distribution strategies can be key to evaluating a companys market reach. Further research on ValueRay can provide deeper insights into CRSRs market position and financial performance.

Headlines to Watch Out For
  • PC gaming demand impacts peripheral and component sales
  • Supply chain disruptions increase manufacturing costs
  • New product innovation drives market share growth
  • E-commerce sales channel performance affects revenue
  • Competition from established tech companies intensifies
Piotroski VR‑10 (Strict, 0-10) 6.5
Net Income: -17.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA 0.67 > 1.0
NWC/Revenue: 15.93% < 20% (prev 17.25%; Δ -1.32% < -1%)
CFO/TA 0.04 > 3% & CFO 50.1m > Net Income -17.8m
Net Debt (22.8m) to EBITDA (51.2m): 0.44 < 3
Current Ratio: 1.54 > 1.5 & < 3
Outstanding Shares: last quarter (107.8m) vs 12m ago 1.75% < -2%
Gross Margin: 28.92% > 18% (prev 0.25%; Δ 2.87k% > 0.5%)
Asset Turnover: 118.3% > 50% (prev 106.5%; Δ 11.77% > 0%)
Interest Coverage Ratio: -0.32 > 6 (EBITDA TTM 51.2m / Interest Expense TTM 9.35m)
Altman Z'' 2.12
A: 0.19 (Total Current Assets 665.5m - Total Current Liabilities 430.9m) / Total Assets 1.25b
B: -0.06 (Retained Earnings -71.2m / Total Assets 1.25b)
C: -0.00 (EBIT TTM -3.00m / Avg Total Assets 1.24b)
D: 1.04 (Book Value of Equity 633.6m / Total Liabilities 608.0m)
Altman-Z'' Score: 2.12 = BBB
Beneish M -3.14
DSRI: 0.96 (Receivables 233.9m/218.6m, Revenue 1.47b/1.32b)
GMI: 0.86 (GM 28.92% / 24.89%)
AQI: 1.04 (AQ_t 0.44 / AQ_t-1 0.43)
SGI: 1.12 (Revenue 1.47b / 1.32b)
TATA: -0.05 (NI -17.8m - CFO 50.1m) / TA 1.25b)
Beneish M-Score: -3.14 (Cap -4..+1) = AA
What is the price of CRSR shares? As of March 30, 2026, the stock is trading at USD 5.32 with a total of 781,196 shares traded.
Over the past week, the price has changed by -3.80%, over one month by -3.10%, over three months by -10.59% and over the past year by -39.95%.
Is CRSR a buy, sell or hold? Corsair Gaming has received a consensus analysts rating of 3.83. Therefore, it is recommended to buy CRSR.
  • StrongBuy: 2
  • Buy: 1
  • Hold: 3
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the CRSR price?
ISSUER TARGET UP/DOWN
Wallstreet Target Price 8 50.4%
Analysts Target Price 8 50.4%
CRSR Fundamental Data Overview March 30, 2026
P/E Forward = 20.4499
P/S = 0.3854
P/B = 0.8746
Revenue TTM = 1.47b USD
EBIT TTM = -3.00m USD
EBITDA TTM = 51.2m USD
Long Term Debt = 115.2m USD (from longTermDebt, last quarter)
Short Term Debt = 6.12m USD (from shortTermDebt, last quarter)
Debt = 121.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 22.8m USD (from netDebt column, last quarter)
Enterprise Value = 590.2m USD (567.4m + Debt 121.3m - CCE 98.6m)
Interest Coverage Ratio = -0.32 (Ebit TTM -3.00m / Interest Expense TTM 9.35m)
EV/FCF = 16.99x (Enterprise Value 590.2m / FCF TTM 34.7m)
FCF Yield = 5.89% (FCF TTM 34.7m / Enterprise Value 590.2m)
FCF Margin = 2.36% (FCF TTM 34.7m / Revenue TTM 1.47b)
Net Margin = -1.21% (Net Income TTM -17.8m / Revenue TTM 1.47b)
Gross Margin = 28.92% ((Revenue TTM 1.47b - Cost of Revenue TTM 1.05b) / Revenue TTM)
Gross Margin QoQ = 33.09% (prev 26.92%)
Tobins Q-Ratio = 0.47 (Enterprise Value 590.2m / Total Assets 1.25b)
Interest Expense / Debt = 1.77% (Interest Expense 2.15m / Debt 121.3m)
Taxrate = 21.0% (US default 21%)
NOPAT = -2.37m (EBIT -3.00m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.54 (Total Current Assets 665.5m / Total Current Liabilities 430.9m)
Debt / Equity = 0.19 (Debt 121.3m / totalStockholderEquity, last quarter 633.6m)
Debt / EBITDA = 0.44 (Net Debt 22.8m / EBITDA 51.2m)
Debt / FCF = 0.65 (Net Debt 22.8m / FCF TTM 34.7m)
Total Stockholder Equity = 611.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.43% (Net Income -17.8m / Total Assets 1.25b)
RoE = -2.91% (Net Income TTM -17.8m / Total Stockholder Equity 611.6m)
RoCE = -0.41% (EBIT -3.00m / Capital Employed (Equity 611.6m + L.T.Debt 115.2m))
 RoIC = -0.32% (negative operating profit) (NOPAT -2.37m / Invested Capital 740.9m)
 WACC = 12.90% (E(567.4m)/V(688.8m) * Re(15.36%) + D(121.3m)/V(688.8m) * Rd(1.77%) * (1-Tc(0.21)))
Discount Rate = 15.36% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.74%
[DCF] Terminal Value 52.04% ; FCFF base≈31.2m ; Y1≈20.5m ; Y5≈9.37m
[DCF] Fair Price = 0.74 (EV 102.2m - Net Debt 22.8m = Equity 79.4m / Shares 106.7m; r=12.90% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 8.74 | EPS CAGR: 51.75% | SUE: 1.14 | # QB: 1
Revenue Correlation: 18.15 | Revenue CAGR: 3.74% | SUE: 0.82 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.09 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+3 | Analysts=8
EPS current Year (2026-12-31): EPS=0.70 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+2 | Growth EPS=+12.8% | Growth Revenue=-3.6%
EPS next Year (2027-12-31): EPS=0.76 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=+8.3% | Growth Revenue=+6.7%
[Analyst] Revisions Ratio: +1.00 (3 Up / 0 Down within 30d for Next Quarter)
Additional Sources for CRSR Stock Fund Manager Positions: Dataroma · Stockcircle