(CRSR) Corsair Gaming - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US22041X1028

Stock:

Total Rating 35
Risk 84
Buy Signal 0.03
Risk 5d forecast
Volatility 114%
Relative Tail Risk -10.4%
Reward TTM
Sharpe Ratio -0.62
Alpha -84.17
Character TTM
Beta 2.034
Beta Downside 3.042
Drawdowns 3y
Max DD 77.03%
CAGR/Max DD -0.42

EPS (Earnings per Share)

EPS (Earnings per Share) of CRSR over the last years for every Quarter: "2020-12": 0.53, "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,

Revenue

Revenue of CRSR over the last years for every Quarter: 2020-12: 556.339, 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,

Description: CRSR Corsair Gaming

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.

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 (50.8m): 0.45 < 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 2867 % > 0.5%)
Asset Turnover: 118.3% > 50% (prev 106.5%; Δ 11.77% > 0%)
Interest Coverage Ratio: -0.36 > 6 (EBITDA TTM 50.8m / 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 -3.35m / 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 February 28, 2026, the stock is trading at USD 5.49 with a total of 1,479,741 shares traded.
Over the past week, the price has changed by -2.31%, over one month by +3.98%, over three months by -15.80% and over the past year by -51.80%.

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 from current
Wallstreet Target Price 8 45.7%
Analysts Target Price 8 45.7%

CRSR Fundamental Data Overview February 25, 2026

P/E Forward = 20.4499
P/S = 0.3908
P/B = 1.3994
Revenue TTM = 1.47b USD
EBIT TTM = -3.35m USD
EBITDA TTM = 50.8m USD
Long Term Debt = 116.8m USD (from longTermDebt, two quarters ago)
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 = 598.3m USD (575.5m + Debt 121.3m - CCE 98.6m)
Interest Coverage Ratio = -0.36 (Ebit TTM -3.35m / Interest Expense TTM 9.35m)
EV/FCF = 17.22x (Enterprise Value 598.3m / FCF TTM 34.7m)
FCF Yield = 5.81% (FCF TTM 34.7m / Enterprise Value 598.3m)
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 = 0.48 (Enterprise Value 598.3m / Total Assets 1.25b)
Interest Expense / Debt = 1.77% (Interest Expense 2.15m / Debt 121.3m)
Taxrate = 21.0% (US default 21%)
NOPAT = -2.64m (EBIT -3.35m * (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 = 0.45 (Net Debt 22.8m / EBITDA 50.8m)
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 = -0.46% (EBIT -3.35m / Capital Employed (Equity 611.6m + L.T.Debt 116.8m))
RoIC = -0.36% (negative operating profit) (NOPAT -2.64m / Invested Capital 736.3m)
WACC = 11.32% (E(575.5m)/V(696.8m) * Re(13.41%) + D(121.3m)/V(696.8m) * Rd(1.77%) * (1-Tc(0.21)))
Discount Rate = 13.41% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.74%
[DCF] Terminal Value 56.92% ; FCFF base≈31.2m ; Y1≈20.5m ; Y5≈9.35m
[DCF] Fair Price = 0.89 (EV 117.5m - Net Debt 22.8m = Equity 94.7m / Shares 106.6m; r=11.32% [WACC]; 5y FCF grow -40.0% → 2.90% )
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 (2026-03-31): EPS=0.19 | Chg7d=+0.044 | Chg30d=+0.049 | Revisions Net=+5 | Analysts=8
EPS current Year (2026-12-31): EPS=0.70 | Chg7d=+0.045 | Chg30d=+0.046 | Revisions Net=+2 | Growth EPS=+12.8% | Growth Revenue=-3.6%
EPS next Year (2027-12-31): EPS=0.76 | Chg7d=-0.010 | Chg30d=-0.010 | Revisions Net=+0 | Growth EPS=+8.3% | Growth Revenue=+6.7%
[Analyst] Revisions Ratio: +1.00 (5 Up / 0 Down within 30d for Next Quarter)

Additional Sources for CRSR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle