Corsair Gaming Inc (NASDAQ: CRSR): Analyst View Points To Future Growth

Corsair Gaming Inc (CRSR) concluded trading on Thursday at a closing price of $12.51, with 5.44 million shares of worth about $68.09 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 87.00% during that period and on February 13, 2025 the price saw a gain of about 25.86%. Currently the company’s common shares owned by public are about 104.70M shares, out of which, 44.86M shares are available for trading.

Stock saw a price change of 30.18% in past 5 days and over the past one month there was a price change of 63.74%. Year-to-date (YTD), CRSR shares are showing a performance of 89.26% which decreased to -7.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.59 but also hit the highest price of $14.12 during that period. The average intraday trading volume for Corsair Gaming Inc shares is 734.05K. The stock is currently trading 33.68% above its 20-day simple moving average (SMA20), while that difference is up 54.46% for SMA50 and it goes to 50.49% higher than SMA200.

Corsair Gaming Inc (NASDAQ: CRSR) currently have 104.70M outstanding shares and institutions hold larger chunk of about 32.70% of that.

The stock has a current market capitalization of $1.31B and its 3Y-monthly beta is at 1.67. It has posted earnings per share of -$0.95 in the same period. It has Quick Ratio of 0.92 while making debt-to-equity ratio of 0.29. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CRSR, volatility over the week remained 9.98% while standing at 6.99% over the month.

Stock’s fiscal year EPS is expected to rise by 1826.51% while it is estimated to increase by 48.81% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on October 09, 2023 offering an Equal weight rating for the stock and assigned a target price of $21 to it. Coverage by Wedbush stated Corsair Gaming Inc (CRSR) stock as an Outperform in their note to investors on July 31, 2023, suggesting a price target of $21 for the stock. On April 17, 2023, Goldman Initiated their recommendations, while on February 06, 2023, Wedbush Downgrade their ratings for the stock with a price target of $17. Stock get an Outperform rating from Wedbush on February 09, 2022.

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