Corsair Gaming

CRSR-Q

NASDAQ:CRSR

42.80
8.46 (16.50%)
Corsair Gaming, Inc., doing business as CORSAIR, is an American computer peripherals and hardware company headquartered in Fremont, California.
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Analysis and Opinions about CRSR-Q

Signal
Opinion
Expert
PARTIAL BUY
PARTIAL BUY
November 2, 2020
They make high-end videogame equipment like cooling systems and PC cases, which they charge at a 11%-86% premium. Went public in late-September, started flat, but then surged in October. Half-billion people worldwide play videogames at home, man; 100 million spend $1,000 to set up their PC to play games. The market is huge. CRSR also make their own PCs. Corsair knows what customers want and how to sell to them. They have an 18% market share in high-end gaming and rank #1 or #2 in many categories. This is nearly a pure-play stock on e-sports which they sponsor. They posted 42% revenue growth YOY in the first half of this year. They just started turning a profit. The big money is in their peripherals which are expected to climb in coming years. Problem is heavy competition. Also, their acquisitions are raising debt levels. Analysts predicts their components business will flatline in the next three years, but account for only 36% of gross profits. Also, private equity owns 78% of Corsair. Trades at 1.4x sales. They report next week. Buy a tranche now and wait for that report.
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Corsair Gaming (CRSR-Q)
November 2, 2020
They make high-end videogame equipment like cooling systems and PC cases, which they charge at a 11%-86% premium. Went public in late-September, started flat, but then surged in October. Half-billion people worldwide play videogames at home, man; 100 million spend $1,000 to set up their PC to play games. The market is huge. CRSR also make their own PCs. Corsair knows what customers want and how to sell to them. They have an 18% market share in high-end gaming and rank #1 or #2 in many categories. This is nearly a pure-play stock on e-sports which they sponsor. They posted 42% revenue growth YOY in the first half of this year. They just started turning a profit. The big money is in their peripherals which are expected to climb in coming years. Problem is heavy competition. Also, their acquisitions are raising debt levels. Analysts predicts their components business will flatline in the next three years, but account for only 36% of gross profits. Also, private equity owns 78% of Corsair. Trades at 1.4x sales. They report next week. Buy a tranche now and wait for that report.
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Corsair Gaming(CRSR-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Corsair Gaming is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Corsair Gaming(CRSR-Q) Frequently Asked Questions

What is Corsair Gaming stock symbol?

Corsair Gaming is a American stock, trading under the symbol CRSR-Q on the NASDAQ (CRSR). It is usually referred to as NASDAQ:CRSR or CRSR-Q

Is Corsair Gaming a buy or a sell?

In the last year, 1 stock analyst published opinions about CRSR-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PARTIAL BUY. Read the latest stock experts' ratings for Corsair Gaming.

Is Corsair Gaming a good investment or a top pick?

Corsair Gaming was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Corsair Gaming.

Why is Corsair Gaming stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Corsair Gaming worth watching?

1 stock analyst on Stockchase covered Corsair Gaming In the last year. It is a trending stock that is worth watching.

What is Corsair Gaming stock price?

On 2020-11-25, Corsair Gaming (CRSR-Q) stock closed at a price of $42.8.