Corsair Gaming Inc (NASDAQ:CRSR), 55.39% Above Its High, Could Make A Strong Comeback.

In last trading session, Corsair Gaming Inc (NASDAQ:CRSR) saw 1.12 million shares changing hands with its beta currently measuring 1.69. Company’s recent per share price level of $12.53 trading at $0.02 or 0.16% at ring of the bell on the day assigns it a market valuation of $1.31B. That closing price of CRSR’s stock is at a discount of -8.06% from its 52-week high price of $13.54 and is indicating a premium of 55.39% from its 52-week low price of $5.59.

For Corsair Gaming Inc (CRSR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.17. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.12 in the current quarter.

Corsair Gaming Inc (NASDAQ:CRSR) trade information

Upright in the green during last session for gaining 0.16%, in the last five days CRSR remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $12.53 price level, adding 2.11% to its value on the day. Corsair Gaming Inc’s shares saw a change of 89.56% in year-to-date performance and have moved 26.06% in past 5-day. Corsair Gaming Inc (NASDAQ:CRSR) showed a performance of 43.36% in past 30-days.

Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a fall of -56.62% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would jump 36.15% in reaching the projected high whereas dropping to the targeted low would mean a gain of 36.15% for stock’s current value.

Corsair Gaming Inc (CRSR) estimates and forecasts

This year revenue growth is estimated to rise 14.33% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 366.2M for the same. And 5 analysts are in estimates of company making revenue of 314.02M in the next quarter. Company posted 337.26M and 261.3M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -59.79% during past 5 years.

Corsair Gaming Inc (NASDAQ:CRSR)’s Major holders

BLACKROCK INC. is the top institutional holder at CRSR for having 6.99 million shares of worth $77.14 million. And as of 2024-06-30, it was holding 6.7467 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 5.52 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.3279 of outstanding shares, having a total worth of $60.92 million.

On the other hand, iShares Core S&P Smallcap ETF and MFS New Discovery Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 2.88 shares of worth $36.1 million or 2.75% of the total outstanding shares. The later fund manager was in possession of 2.31 shares on Nov 30, 2024 , making its stake of worth around $28.94 million in the company or a holder of 2.21% of company’s stock.