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Corsair Gaming

CRSR-Q

NASDAQ:CRSR

29.52
0.10 (0.34%)
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
Chart
TOP PICK
TOP PICK
June 24, 2021
Stockchase Research Editor: Michael O'Reilly CRSR produces PC-based games of high quality that have boomed through the pandemic. Their recently reported EPS of $0.58 easily surpassed analyst expectations of $0.25. Revenues were up over 70% on the year. The company prudently used cash flow to reduce debt materially and cash reserves are growing. Management revised upwards income expectations by $30 million to $245-$265 million. It trades at 21x earnings compared to peeps at 41x. We would buy this with a stop loss at $25, looking to achieve $47 -- upside potential over 44%. Yield 0% (Analysts’ price target is $46.67)
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Stockchase Research Editor: Michael O'Reilly CRSR produces PC-based games of high quality that have boomed through the pandemic. Their recently reported EPS of $0.58 easily surpassed analyst expectations of $0.25. Revenues were up over 70% on the year. The company prudently used cash flow to reduce debt materially and cash reserves are growing. Management revised upwards income expectations by $30 million to $245-$265 million. It trades at 21x earnings compared to peeps at 41x. We would buy this with a stop loss at $25, looking to achieve $47 -- upside potential over 44%. Yield 0% (Analysts’ price target is $46.67)
PARTIAL SELL
PARTIAL SELL
June 14, 2021
He likes it. It's become another meme stock. It jumped 11% today, but was a lot higher at the open.The meme people basically work for the short-sellers. Let the memers pump stocks like this, so you can sell high. He feels that the Reddit traders are trying to stick it to big, powerful Wall Street, but they are failing. He doubts the staying power of this Reddit trade, because Wall St. doesn't care for videogame stocks now. Take profits after another Reddit rally.
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He likes it. It's become another meme stock. It jumped 11% today, but was a lot higher at the open.The meme people basically work for the short-sellers. Let the memers pump stocks like this, so you can sell high. He feels that the Reddit traders are trying to stick it to big, powerful Wall Street, but they are failing. He doubts the staying power of this Reddit trade, because Wall St. doesn't care for videogame stocks now. Take profits after another Reddit rally.
Jim Cramer - Mad Money
Price
$35.960
Owned
Unknown
RISKY BUY
RISKY BUY
December 1, 2020
Allan Tong’s Discover Picks Corsair stock had a so-so debut in late-September at an initial stock price of $15, it has since topped $51. Beware: like many tech IPO's this fall, Corsair stock suffers manic-depressive swings, like Black Friday when it plunged 9.42%, while Activision rallied 2.13%. Unlike many tech IPO's, Corsair is already profitable. Also, its first reporter quarter saw a slam-dunk: an EPS of 52 cents blowing past the street's 26%. The average price targer at $31.56 and the two analysts who follow Corsair stock rank it an outperform. Read 3 Epic Video Game Stocks to Play! for our full analysis.
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Corsair Gaming (CRSR-Q)
December 1, 2020
Allan Tong’s Discover Picks Corsair stock had a so-so debut in late-September at an initial stock price of $15, it has since topped $51. Beware: like many tech IPO's this fall, Corsair stock suffers manic-depressive swings, like Black Friday when it plunged 9.42%, while Activision rallied 2.13%. Unlike many tech IPO's, Corsair is already profitable. Also, its first reporter quarter saw a slam-dunk: an EPS of 52 cents blowing past the street's 26%. The average price targer at $31.56 and the two analysts who follow Corsair stock rank it an outperform. Read 3 Epic Video Game Stocks to Play! for our full analysis.
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.
Jim Cramer - Mad Money
Price
$22.970
Owned
Unknown
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Corsair Gaming(CRSR-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 3

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, 3 stock analysts published opinions about CRSR-Q. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Corsair Gaming.

Is Corsair Gaming a good investment or a top pick?

Corsair Gaming was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2021-06-24. 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?

3 stock analysts 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 2021-07-23, Corsair Gaming (CRSR-Q) stock closed at a price of $29.52.