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Upturn stock ratingUpturn stock rating
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Corsair Gaming Inc (CRSR)

Upturn stock ratingUpturn stock rating
$9.67
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

03/27/2025: CRSR (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -23.49%
Avg. Invested days 29
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 955.23M USD
Price to earnings Ratio -
1Y Target Price 12
Price to earnings Ratio -
1Y Target Price 12
Volume (30-day avg) 1205313
Beta 1.6
52 Weeks Range 5.59 - 13.02
Updated Date 03/30/2025
52 Weeks Range 5.59 - 13.02
Updated Date 03/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.95

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -6.47%
Operating Margin (TTM) 1.43%

Management Effectiveness

Return on Assets (TTM) -2.41%
Return on Equity (TTM) -12.7%

Valuation

Trailing PE -
Forward PE 20.45
Enterprise Value 1085261862
Price to Sales(TTM) 0.73
Enterprise Value 1085261862
Price to Sales(TTM) 0.73
Enterprise Value to Revenue 0.82
Enterprise Value to EBITDA 314.93
Shares Outstanding 104855000
Shares Floating 45222999
Shares Outstanding 104855000
Shares Floating 45222999
Percent Insiders 3.38
Percent Institutions 87.12

Analyst Ratings

Rating 4
Target Price 8.86
Buy 1
Strong Buy 3
Buy 1
Strong Buy 3
Hold 3
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Corsair Gaming Inc

stock logo

Company Overview

History and Background

Corsair Gaming, Inc. was founded in 1994 as Corsair Microsystems, initially focusing on cache modules for PCs. Over time, it expanded into DRAM modules, power supplies, cases, cooling solutions, and gaming peripherals, evolving into a leading provider of high-performance gaming and streaming products.

Core Business Areas

  • Gaming Components and Systems: Includes DRAM modules, power supplies, PC cases, cooling solutions, and prebuilt gaming PCs.
  • Gaming Peripherals: Includes keyboards, mice, headsets, controllers, and streaming equipment.

Leadership and Structure

Andy Paul serves as the Chief Executive Officer. The company operates with a functional organizational structure, dividing its operations into product development, sales, marketing, and operations.

Top Products and Market Share

Key Offerings

  • DRAM Modules: Corsair is a leading provider of high-performance DRAM modules for gaming PCs. The competitors include Kingston, Crucial (Micron), and G.Skill. While specific market share data fluctuates, Corsair is consistently ranked among the top vendors.
  • PC Cases: Corsair offers a wide range of PC cases known for their design and features. The competitors include NZXT, Cooler Master, and Fractal Design. Market share varies by region and case type.
  • Gaming Peripherals (Keyboards, Mice, Headsets): Corsair provides a range of gaming peripherals. Competitors include Razer, Logitech, and SteelSeries. Again, market share fluctuates by product category and region.

Market Dynamics

Industry Overview

The gaming hardware market is experiencing growth driven by increasing popularity of esports, streaming, and PC gaming. Innovation in components and peripherals is constant.

Positioning

Corsair is positioned as a premium brand focusing on high-performance gaming products. Its competitive advantages include brand recognition, product quality, and a comprehensive product portfolio.

Total Addressable Market (TAM)

The TAM for gaming peripherals and components is estimated to be over $50 billion. Corsair is well-positioned to capture a significant portion of this market through its strong brand and product offerings.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition
  • Wide product portfolio
  • High-quality products
  • Established distribution network

Weaknesses

  • Premium pricing may limit market reach
  • Dependence on PC gaming market trends
  • Susceptibility to supply chain disruptions

Opportunities

  • Expansion into new gaming markets (e.g., cloud gaming)
  • Increased demand for streaming equipment
  • Partnerships with esports teams and organizations
  • Development of innovative gaming technologies

Threats

  • Intense competition from established and emerging players
  • Technological advancements rendering products obsolete
  • Economic downturn impacting consumer spending
  • Component shortages and supply chain issues

Competitors and Market Share

Key Competitors

  • RAZR
  • LOGI
  • HPQ

Competitive Landscape

Corsair faces competition from established players like Razer and Logitech, as well as smaller, niche brands. Corsair differentiates itself through its focus on high-performance components and a strong brand image.

Major Acquisitions

Elgato

  • Year: 2018
  • Acquisition Price (USD millions): 274
  • Strategic Rationale: Expanded Corsair's presence in the streaming hardware market.

Growth Trajectory and Initiatives

Historical Growth: Corsair has experienced growth driven by increasing demand for gaming hardware and peripherals. However, growth rates may vary based on market conditions.

Future Projections: Analyst projections suggest continued growth in the gaming market, with Corsair positioned to benefit from this trend.

Recent Initiatives: Recent initiatives include the acquisition of companies in the streaming space and the development of new gaming peripherals.

Summary

Corsair Gaming is a strong player in the gaming hardware market, with a well-recognized brand and diverse product portfolio. Its premium pricing and reliance on the PC gaming market pose challenges. However, opportunities in streaming and esports offer growth potential, though intense competition and supply chain vulnerabilities remain threats.

Similar Companies

  • RAZR
  • LOGI
  • NXST
  • HPQ

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Analyst Estimates
  • Market Research Reports

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It should not be considered financial advice. Market conditions and company performance can change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Corsair Gaming Inc

Exchange NASDAQ
Headquaters Milpitas, CA, United States
IPO Launch date 2020-09-23
Co-Founder, CEO & Director Mr. Andrew J. Paul
Sector Technology
Industry Computer Hardware
Full time employees 2567
Full time employees 2567

Corsair Gaming, Inc., together with its subsidiaries, designs and sells gaming and streaming peripherals, components, and systems in Europe, the Middle East, North Africa, North America, Latin America, and the Asia Pacific. The company operates in two segments, Gamer and Creator Peripherals, and Gaming Components and Systems. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, and controllers; and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, sim racing products, gaming furniture, and others. The company also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, SSD, and dynamic random access memory modules, as well as pre- and custom-built gaming personal computers and laptops, and gaming monitors. In addition, it offers personal computer gaming software, which includes software platforms, including iCUE for gamers and Elgato streaming suite for content creators, as well as digital services. The company sells its products through e-retail, retail, and direct-to-consumer channels, as well as distributors. The company was formerly known as Corsair Components (Cayman) Ltd and changed its name to Corsair Gaming, Inc. in 2018. Corsair Gaming, Inc. was incorporated in 1994 and is headquartered in Milpitas, California.

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