Corsair Gaming (CRSR) Stock Forecast & Price Target

Corsair Gaming Inc. has demonstrated significant revenue growth, particularly in its Gaming Components & Systems segment, which achieved a year-over-year increase of 20% in the first half of 2025. The company's financial metrics show a notable improvement, with AEBITDA rising by 83% year-over-year to $31 million and revenue up 15% to $690 million, indicating effective cost management and operational leverage. With the global video game market projected to exceed $180 billion and grow at a mid-single-digit CAGR, Corsair's solid financial position and favorable market dynamics present a robust outlook for future growth, particularly in its core segments.

Corsair Gaming Inc. has experienced inconsistent top-line results, which, coupled with a significant absence of operating leverage, have contributed to a decline in margins, with product development and SG&A costs accounting for nearly 30% of revenue last year. Despite a projected growth of 35% in the worldwide PC-based gaming hardware market for 2025, there is an anticipated substantial decline in entry-level PC gaming participants, which could negatively affect Corsair's revenue streams. Additionally, AEBITDA margins have been disappointing, with 2024 expected at 4.2%, a notable drop from historical averages and indicative of potential revenue declines in subsequent years, raising concerns about the company’s ability to navigate competitive pressures effectively.