
Corsair Gaming (CRSR) Stock Forecast & Price Target
Corsair Gaming (CRSR) Analyst Ratings
Bulls say
Corsair Gaming Inc. has demonstrated a positive outlook, bolstered by a 14% year-over-year revenue growth, reaching $345.8 million, with the Components & Systems segment outpacing expectations at $233.1 million and a growth rate of 15% driven by high demand for memory products and performance PC builds. The company achieved a significant improvement in gross margins, reaching 26.9%, the highest for the third quarter since 2020, alongside effective cost management and operating leverage, which positions it favorably in the competitive gaming gear market. Additionally, the steady growth of the peripherals segment at 11% year-over-year, combined with the strong historical growth potential indicated by current market trends, reinforces the optimistic outlook for Corsair Gaming's stock moving forward.
Bears say
Corsair Gaming's stock outlook is negatively impacted by a combination of competitive dynamics that may lead to market share loss and subpar performance. The company's recent revenue outlook adjustment, from an expected range of $1.4 billion to $1.6 billion down to $1.425 billion to $1.475 billion, suggests potential challenges in meeting financial expectations as consensus estimates for the upcoming quarter reflect similar downward revisions. Additionally, tight supply conditions affecting PC components may delay consumer upgrades, further diminishing demand for Corsair's products and leading to increased operational risks due to possible procurement challenges.
This aggregate rating is based on analysts' research of Corsair Gaming and is not a guaranteed prediction by Public.com or investment advice.
Corsair Gaming (CRSR) Analyst Forecast & Price Prediction
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