Corsair GamingCRSR
Market Cap: $628M
About: Corsair Gaming Inc is engaged in the business of providing high-performance gear for gamers and content creators. The product portfolio includes Cases, Keyboards, Mice, Headsets, Power Supplies, Gaming Computers, Gaming Chairs, Mousepads, and other related products. The company operates in two segments namely, Gamer and Creator peripherals, which is the key revenue-generating segment; and Gaming Components and Systems. Geographically, the group derives revenue from the Americas, Europe and the Middle East, and the Asia Pacific.
Employees: 2,387
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
60% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 35
28% more call options, than puts
Call options by funds: $5.08M | Put options by funds: $3.96M
2.09% more ownership
Funds ownership: 27.0% [Q1] → 29.09% (+2.09%) [Q2]
3% less capital invested
Capital invested by funds: $345M [Q1] → $334M (-$10.8M) [Q2]
7% less funds holding
Funds holding: 147 [Q1] → 136 (-11) [Q2]
30% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 37
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Goldman Sachs Eric Sheridan 60% 1-year accuracy 33 / 55 met price target | 49%upside $9 | Neutral Maintained | 2 Aug 2024 |
Wedbush Michael Pachter 47% 1-year accuracy 28 / 60 met price target | 82%upside $11 | Outperform Maintained | 2 Aug 2024 |
Barclays Mario Lu 60% 1-year accuracy 6 / 10 met price target | 132%upside $14 | Overweight Maintained | 2 Aug 2024 |
Stifel Drew Crum 48% 1-year accuracy 16 / 33 met price target | 82%upside $11 | Buy Maintained | 22 Jul 2024 |
Baird Colin Sebastian 64% 1-year accuracy 16 / 25 met price target | 66%upside $10 | Neutral Maintained | 19 Jul 2024 |