Corsair Gaming (NASDAQ:CRSR) Shares Gap Up Following Better-Than-Expected Earnings

Corsair Gaming, Inc. (NASDAQ:CRSR)’s stock price gapped up before the market opened on Friday following a stronger than expected earnings report. The stock had previously closed at $4.58, but opened at $6.48. Corsair Gaming shares last traded at $7.4470, with a volume of 21,090,248 shares traded.

The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.17. Corsair Gaming had a positive return on equity of 6.79% and a negative net margin of 0.87%.The firm had revenue of $436.86 million for the quarter, compared to the consensus estimate of $422.66 million. During the same quarter in the prior year, the business earned $0.23 EPS. The business’s revenue for the quarter was up 5.6% on a year-over-year basis.

Key Headlines Impacting Corsair Gaming

Here are the key news stories impacting Corsair Gaming this week:

• Positive Sentiment: Q4 results materially beat expectations — adjusted EPS of $0.43 vs. ~$0.27 consensus and revenue of ~$436.9M (up ~6% YoY). Management also announced a $50M buyback, signaling confidence and shrinking float. Corsair Stock Soars 55% After Q4 Double Beat, $50M Buyback
• Positive Sentiment: Unusual options activity: traders bought ~23,177 call options (roughly a 1,866% jump vs. average daily calls) — a strong indicator of speculative bullish interest and short-term positioning by traders.
• Positive Sentiment: CRSR was added to Zacks’ Rank #1 (Strong Buy) value list, which can attract value-oriented and momentum buyers. Best Value Stocks to Buy for February 13th
• Neutral Sentiment: B. Riley raised its price target from $6.00 to $7.00 but kept a “neutral” rating, implying limited near-term upside from that shop and a still-cautious institutional view. B. Riley coverage note
• Neutral Sentiment: Full Q4 earnings call transcript and company slide deck are available for investors who want detail on margin drivers, product mix, and channel dynamics. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Management lowered FY2026 revenue guidance to roughly $1.3–$1.5 billion versus consensus near $1.6 billion — a notable miss relative to street expectations that could cap upside if growth concerns persist.

Analysts Set New Price Targets

CRSR has been the topic of a number of research reports. Wall Street Zen upgraded shares of Corsair Gaming from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Robert W. Baird set a $6.00 price target on shares of Corsair Gaming in a research report on Friday. Wedbush cut their price objective on shares of Corsair Gaming from $9.00 to $7.00 and set an “outperform” rating on the stock in a report on Friday, February 6th. B. Riley Financial reaffirmed a “neutral” rating on shares of Corsair Gaming in a research note on Friday, February 6th. Finally, Craig Hallum reissued a “buy” rating and issued a $8.00 price target on shares of Corsair Gaming in a research report on Friday. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Corsair Gaming currently has an average rating of “Hold” and a consensus target price of $7.69.

Insider Transactions at Corsair Gaming

In related news, CEO Thi L. La bought 50,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was acquired at an average cost of $6.10 per share, for a total transaction of $305,000.00. Following the purchase, the chief executive officer owned 480,726 shares in the company, valued at approximately $2,932,428.60. This represents a 11.61% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 58.38% of the company’s stock.

Hedge Funds Weigh In On Corsair Gaming

Institutional investors and hedge funds have recently modified their holdings of the company. Ameritas Investment Partners Inc. boosted its position in Corsair Gaming by 30.7% in the second quarter. Ameritas Investment Partners Inc. now owns 4,765 shares of the company’s stock worth $45,000 after purchasing an additional 1,120 shares during the last quarter. Virtus Advisers LLC bought a new stake in Corsair Gaming during the second quarter valued at approximately $45,000. Tower Research Capital LLC TRC increased its holdings in Corsair Gaming by 245.9% during the second quarter. Tower Research Capital LLC TRC now owns 5,178 shares of the company’s stock valued at $49,000 after buying an additional 3,681 shares during the last quarter. BNP Paribas Financial Markets raised its position in Corsair Gaming by 24.7% in the second quarter. BNP Paribas Financial Markets now owns 7,819 shares of the company’s stock worth $74,000 after acquiring an additional 1,551 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in shares of Corsair Gaming by 70.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,632 shares of the company’s stock valued at $81,000 after acquiring an additional 3,571 shares during the period. 25.66% of the stock is currently owned by hedge funds and other institutional investors.

Corsair Gaming Price Performance

The firm has a 50 day moving average price of $5.75 and a 200 day moving average price of $7.20. The stock has a market capitalization of $724.14 million, a PE ratio of -52.27 and a beta of 1.55. The company has a current ratio of 1.48, a quick ratio of 0.72 and a debt-to-equity ratio of 0.19.

About Corsair Gaming

Corsair Gaming, Inc, headquartered in Fremont, California, is a leading manufacturer of high-performance gaming peripherals and PC components. Since its founding in 1994 by Andy Paul, Don Lieberman and John Beekley as Corsair Microsystems, the company has evolved from producing memory modules to a broad portfolio of gaming hardware. Its product range includes gaming keyboards, mice, headsets, PC chassis, power supplies, cooling solutions, memory modules, solid-state drives and streaming accessories under brands such as Corsair, Elgato and SCUF Gaming.

The company’s solutions cater to PC enthusiasts, competitive gamers and content creators, offering hardware and integrated software designed to optimize performance and user experience.