CRSR
Corsair Gaming, Inc.

Corsair Gaming, Inc.CRSR

Technology · Computer Hardware
13.66USD
+0.81%
Sep 28, 2026
CRSR overview ready
Corsair is a direct, diversified supplier of enthusiast PC components, gaming peripherals, Elgato creator hardware and software, and Fanatec/Trak Racer simulation-racing products.
Narrative is still early
Exposed to the Interactive Entertainment and Creator Economy Expansion narrative through Enthusiast Gaming, Streaming and Simulation Hardware — pure play.
Price action is under distribution
Longer-term context reads early trend, with a near-term setup of daily advance.
Attractive valuation
Current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Declining revenue growth.
Market Sep 25Filing Jun 30Price action Sep 27Research Sep 17

Conviction Level

NarrativeHeat4.9ThemeHeat5.4PriceAction7.4Valuation8.2CompanyPosition7.3
Price
Loading price history…

Price Action

Price action is under distribution
Longer-term context reads early trend, with a near-term setup of daily advance.
EntryBreakout + retest

Price broke through the weekly SMA200, then retested it constructively and recovered — a fresh structural entry rather than a chase.

Key Financials

Market Cap
$1.5B
Avg Volume (60D)
1.7M
60 sessions
Revenue Growth YoY
+11.9%
FY2025 vs FY2024
Gross Margin
+31.6%
Trailing twelve months
Operating Margin
+2.9%
Trailing twelve months
Free Cash Flow Yield
+6.1%
Distance from 200DMA
+68.9%
Next Earnings
2026-11-03
P/E
40.2x
EV / Sales
1.0x
Market metrics as of Sep 25, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Two of the three valuation perspectives say cheap; own history is the dissenting view.
Corsair Gaming, Inc. has a Cheap valuation stance because current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.

Company Research

Thesis
Corsair is a direct, diversified supplier of enthusiast PC components, gaming peripherals, Elgato creator hardware and software, and Fanatec/Trak Racer simulation-racing products. CRSR has genuine direct exposure to a distinct consumer/prosumer hardware demand system spanning PC gaming, streaming production, and simulation racing.
Opportunity
Moderate opportunity
Consumer and prosumer spending on performance gaming setups, livestreaming-production tools, and simulation-racing equipment as PC gaming, game-content creation, and immersive hobby participation expand.
Key risk
Declining revenue growth.

Narrative & Theme

Interactive Entertainment and Creator Economy Expansion
Part of Enthusiast Gaming, Streaming and Simulation Hardware, with moderate fit.
CRSR has genuine direct exposure to a distinct consumer/prosumer hardware demand system spanning PC gaming, streaming production, and simulation racing.
Narrative HeatNeutral4.9 / 10
Theme HeatNeutral5.4 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Computer Hardware
What they do

Corsair Gaming, Inc. designs and sells gaming and streaming peripherals, components, and systems globally, operating through two segments: Gamer and Creator Peripherals, and Gaming Components and Systems.

How it earns

The company generates revenue primarily through transactional sales of hardware products.

Products & services
Gaming keyboards
Gaming mice
Headsets
Controllers
Stream Decks
Microphones
Teleprompters
Audio interfaces
Facecam streaming cameras
Studio accessories
Command center displays
Sim racing products
Gaming furniture
Customers & end markets
Gamers
Content creators
Streamers
Market position

Corsair is a recognized player in the gaming peripherals and components market, competing with other established brands.

Demand drivers
Medium cyclicality

Demand for gaming hardware can fluctuate with consumer spending and gaming industry trends.