Corsair Gaming screens statistically cheap with strong cash conversion and a solid Piotroski score, but declining revenue, a sub-floor quality score, negative asymmetry, and 18% short interest drive the engine's exit recommendation.
Thesis pillars
- Peg Valuation Cheapness↓Deteriorating
- Cash Conversion Quality Strength→Stable
- Negative Asymmetry Exit Signal→Stable
- +2 more pillars — see the Why tab for full reasoning
Corsair Gaming, Inc. (CRSR) Stock Analysis
Breakout setup
Technology · Computer Hardware
Sell if holding. Analyst target reached at $12.57 — A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.0).
Corsair Gaming designs and sells high-performance gaming and streaming peripherals, PC components, and prebuilt systems under the Corsair, Elgato, Origin, SCUF, Drop, and Fanatec brands, shipping over 320 million units since 1994 to customers in 74 countries. The company... Read more
Sell if holding. Analyst target reached at $12.57 — A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.0). Chart setup: Golden cross, above all MAs, RSI 56, MACD bullish. Score 5.4/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 59d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
About Corsair Gaming, Inc.
About Corsair Gaming, Inc.
Corsair Gaming sells high-performance peripherals and PC components across two segments — Gamer and Creator Peripherals, and Gaming Components and Systems — shipping more than 320 million units since its 1994 founding to customers in 74 countries. Sales to the Americas, EMEA, and Asia Pacific represented 49.1%, 38.4%, and 12.5% of 2025 net revenue, respectively, with e-retailer Amazon alone accounting for 27.4% of net revenue for the year.
Corsair distributes through retail and e-retail channels — selling directly to retailers such as Amazon, Best Buy, and Walmart or through distributors — alongside a growing direct-to-consumer business built out through its Origin, SCUF, Drop, and Fanatec acquisitions and a first physical retail store opened in California in 2025. The Gaming Components and Systems segment sells power supplies, cooling solutions, cases, and DRAM modules plus prebuilt and custom PCs, while Gamer and Creator Peripherals covers keyboards, mice, headsets, controllers, and Elgato streaming gear including Stream Deck. Corsair assembles nearly all of its DRAM modules and a significant share of controllers and cooling products at its own Taiwan facility, builds custom and prebuilt PCs at an Atlanta, Georgia plant, and sources remaining products from third-party factories across Asia. The company completed its tenth acquisition, sim-racing brand Fanatec, in September 2024, and named Thi La CEO effective July 1, 2025 and Gordon Mattingly CFO effective December 2, 2025.
Show full overview
Amazon's 27.4% share of 2025 net revenue — down from 30.9% in 2024 and 30.7% in 2023 — means Corsair's largest single retail relationship still exceeds a quarter of total sales even as the trend has eased. Separately, Corsair remains a Nasdaq 'controlled company' because EagleTree holds voting control, a governance structure that exempts the board from certain independence requirements that would otherwise apply and leaves minority shareholders without the same protections as companies subject to the full listing standards.
See also: Technology · Computer Hardware
From Corsair Gaming, Inc.'s most recent 10-K filing, extracted July 6, 2026.
Recent developments
updated 2026-09-05Recent Developments — Corsair Gaming, Inc.
Latest news
- NEWS Corsair Gaming Inc (CRSR) Stock Down 6.4% but Still Overvalued -- GF Score: 69/100 - GuruFocus — GuruFocus negative
- NEWS Corsair Gaming (NASDAQ:CRSR) Stock Price Down 6.4% - Here's Why - MarketBeat — MarketBeat negative
- NEWS Why Corsair Gaming Stock is Soaring Thursday - Benzinga — Benzinga positive
- NEWS Why Corsair Gaming Stock is Soaring Thursday - benzinga.com — benzinga.com positive
- NEWS CORSAIR GAMING ($CRSR) Releases Q2 2026 Earnings - Quiver Quantitative — Quiver Quantitative positive
Generated 2026-09-05T21:17:35Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomerAmazon27%10-K Item 1: 'In 2025, 2024 and 2023, e-retailer Amazon accounted for more than 10% of our net revenue, at 27.4%, 30.9%, and 30.7%, respectively.'
- MEDIUMGeographicAmericas49%10-K Item 1: 'In 2025, sales to the Americas, EMEA and Asia Pacific represented 49.1%, 38.4% and 12.5% of net revenue, respectively.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $12.57 — A.R:R is negative (-0.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.0). Chart setup: Golden cross, above all MAs, RSI 56, MACD bullish. Prior stop was $11.83. Score 5.4/10, moderate confidence.
Take-profit target: $14.68 (-9.6% upside). Prior stop was $11.83. Stop-loss: $11.83.
Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.0); Sector modifier (Technology): -0.8.
Corsair Gaming, Inc. trades at a P/E of 41.0 (forward 15.3). TrendMatrix value score: 6.3/10. Verdict: Sell.
15 analysts cover CRSR with a consensus score of 3.7/5. Average price target: $13.
What does Corsair Gaming, Inc. do?Corsair Gaming designs and sells high-performance gaming and streaming peripherals, PC components, and prebuilt systems...
Corsair Gaming designs and sells high-performance gaming and streaming peripherals, PC components, and prebuilt systems under the Corsair, Elgato, Origin, SCUF, Drop, and Fanatec brands, shipping over 320 million units since 1994 to customers in 74 countries. The company generated 49.1% of 2025 net revenue from the Americas, 38.4% from EMEA, and 12.5% from Asia Pacific, with e-retailer Amazon alone representing 27.4% of net revenue for the year.