Recent Research Analysts’ Ratings Updates for Corsair Gaming (CRSR)

Corsair Gaming (NASDAQ: CRSR) has recently received a number of price target changes and ratings updates:

• 11/8/2024 – Corsair Gaming had its price target lowered by analysts at Macquarie from $11.00 to $9.00. They now have an “outperform” rating on the stock.
• 11/7/2024 – Corsair Gaming had its price target lowered by analysts at Barclays PLC from $14.00 to $9.00. They now have an “overweight” rating on the stock.
• 11/7/2024 – Corsair Gaming had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $9.00 to $7.00. They now have a “neutral” rating on the stock.
• 11/7/2024 – Corsair Gaming had its price target lowered by analysts at TD Cowen from $10.00 to $9.00. They now have a “hold” rating on the stock.
• 11/5/2024 – Corsair Gaming had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $11.00 price target on the stock.
• 9/25/2024 – Corsair Gaming had its price target lowered by analysts at Robert W. Baird from $10.00 to $8.00. They now have a “neutral” rating on the stock.

Corsair Gaming Price Performance

CRSR traded down $0.19 on Friday, reaching $6.70. 456,789 shares of the company’s stock were exchanged, compared to its average volume of 455,448. The stock has a market cap of $701.49 million, a PE ratio of -7.44 and a beta of 1.59. Corsair Gaming, Inc. has a twelve month low of $5.59 and a twelve month high of $15.07. The stock’s fifty day moving average price is $6.64 and its 200-day moving average price is $8.52. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.58 and a quick ratio of 0.77.

Hedge Funds Weigh In On Corsair Gaming

Several institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in shares of Corsair Gaming by 995.8% in the 3rd quarter. GAMMA Investing LLC now owns 4,745 shares of the company’s stock worth $33,000 after acquiring an additional 4,312 shares during the last quarter. FMR LLC increased its stake in Corsair Gaming by 89.0% during the 3rd quarter. FMR LLC now owns 4,864 shares of the company’s stock worth $34,000 after buying an additional 2,291 shares during the period. Intech Investment Management LLC purchased a new stake in Corsair Gaming during the 3rd quarter worth approximately $77,000. Glenmede Trust Co. NA purchased a new stake in Corsair Gaming during the 3rd quarter worth approximately $97,000. Finally, SG Americas Securities LLC purchased a new stake in Corsair Gaming during the 3rd quarter worth approximately $101,000. 25.66% of the stock is currently owned by institutional investors and hedge funds.

Corsair Gaming, Inc, together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products.