CRSR - Corsair Gaming Inc Stock Price, Fair Value and News

11.00USD+0.05 (+0.46%)Market Closed

Market Summary

USD11.00+0.05

Market Closed

0.46%

CRSR Stock Price

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CRSR RSI Chart

CRSR Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

-438.75

Price/Sales (Trailing)

0.78

EV/EBITDA

44.85

Price/Free Cashflow

14.88

CRSR Price/Sales (Trailing)

CRSR Profitability

Operating Margin

24.68%

EBT Margin

-0.24%

Return on Equity

-0.39%

Return on Assets

-0.19%

Free Cashflow Yield

6.72%

CRSR Fundamentals

CRSR Revenue

Revenue (TTM)

1.5B

Rev. Growth (Yr)

4.65%

Rev. Growth (Qtr)

14.89%

CRSR Earnings

Earnings (TTM)

-2.6M

Earnings Growth (Yr)

4.05%

Earnings Growth (Qtr)

326.73%

Breaking Down CRSR Revenue

Last 7 days

0.5%

Last 30 days

-8.6%

Last 90 days

-18.8%

Trailing 12 Months

-37.8%

How does CRSR drawdown profile look like?

CRSR Financial Health

Current Ratio

1.7

Debt/Equity

0.28

Debt/Cashflow

0.48

CRSR Investor Care

Shares Dilution (1Y)

1.79%

Diluted EPS (TTM)

0.03

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	1.3B	1.4B	1.4B	1.5B
2022	1.8B	1.6B	1.5B	1.4B
2021	1.9B	2.0B	1.9B	1.9B
2020	1.2B	1.3B	1.5B	1.7B
2019	977.5M	1.0B	1.1B	1.1B
2018	0	0	0	937.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Corsair Gaming Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 16, 2024	paul andrew j.	acquired	-	-	80,000	chief executive officer
Feb 16, 2024	szteinbaum samuel r.	acquired	138,000	5.52	25,000	-
Feb 16, 2024	potter michael g	acquired	-	-	28,000	chief financial officer
Feb 16, 2024	la thi l	acquired	-	-	60,000	president & coo
Feb 15, 2024	la thi l	sold (taxes)	-50,231	13.93	-3,606	president & coo
Feb 15, 2024	potter michael g	sold (taxes)	-38,056	13.93	-2,732	chief financial officer
Jan 08, 2024	la thi l	sold	-53,718	14.00	-3,837	president & coo
Jan 02, 2024	potter michael g	sold (taxes)	-17,175	13.84	-1,241	chief financial officer
Jan 02, 2024	paul andrew j.	sold (taxes)	-63,774	13.84	-4,608	chief executive officer
Jan 02, 2024	la thi l	sold (taxes)	-25,770	13.84	-1,862	president & coo

Which funds bought or sold CRSR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	-9,109	298,680	-%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	-48,870	173,769	-%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.98	-50,000	325,000	-%
Apr 18, 2024	Hexagon Capital Partners LLC	unchanged	-	-713	4,998	-%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	-54.00	383	-%
Apr 18, 2024	SJS Investment Consulting Inc.	reduced	-22.22	-40.00	87.00	-%
Apr 12, 2024	IMC-Chicago, LLC	new	-	219,368	219,368	-%
Apr 12, 2024	AdvisorNet Financial, Inc	sold off	-100	-71.00	-	-%
Apr 10, 2024	SOA Wealth Advisors, LLC.	unchanged	-	-18.00	123	-%
Apr 09, 2024	Rise Advisors, LLC	new	-	13,142	13,142	0.01%

Are Funds Buying or Selling CRSR?

Are funds buying CRSR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CRSR

No. of Funds

Unveiling Corsair Gaming Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.26%	5,420,690	SC 13G
Jan 29, 2024	blackrock inc.	6.4%	6,588,191	SC 13G/A
Feb 03, 2023	blackrock inc.	6.0%	6,069,401	SC 13G
Nov 23, 2022	corsair group (cayman), lp	56.0%	56,300,771	SC 13D
Apr 28, 2022	corsair group (cayman), lp	57.3%	54,179,559	SC 13G/A
Jun 07, 2021	corsair group (cayman), lp	61.7%	56,900,059	SC 13G/A
Feb 11, 2021	corsair group (cayman), lp	67.3%	61,900,059	SC 13G

Recent SEC filings of Corsair Gaming Inc

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	DEFA14A	DEFA14A
Apr 23, 2024	DEF 14A	DEF 14A
Feb 27, 2024	10-K	Annual Report
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 16, 2024	4	Insider Trading
Feb 16, 2024	4	Insider Trading
Feb 13, 2024	SC 13G	Major Ownership Report

Peers (Alternatives to Corsair Gaming Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	195.6B	57.2B	-2.97%	1.92%	14.55	3.42	7.66%	18.93%
ANET	78.6B	5.9B	-17.99%	60.51%	37.64	13.41	33.75%	54.34%
HPQ	27.1B	53.1B	-7.92%	-6.11%	7.94	0.51	-11.04%	34.01%
HPE	21.9B	29.1B	-3.11%	17.36%	10.8	0.75	2.24%	133.29%
LOGI	12.4B	4.2B	-13.02%	37.67%	25.61	2.93	-11.68%	12.69%
JNPR	11.6B	5.6B	-3.13%	14.85%	37.24	2.08	4.97%	-34.14%
MID-CAP
UI	6.4B	1.9B	-7.00%	-56.21%	17.24	3.42	4.69%	6.86%
BDC	3.5B	2.5B	-9.16%	5.91%	14.27	1.38	-3.62%	-4.73%
LITE	2.8B	1.4B	-17.47%	-11.79%	-10.62	1.97	-21.40%	-1031.82%
SMALL-CAP
EXTR	1.4B	1.3B	-4.81%	-31.84%	17.8	1.06	14.09%	64.56%
AAOI	432.7M	217.6M	-23.23%	424.19%	-7.72	1.99	-2.32%	15.59%
ADTN	378.2M	1.1B	-10.32%	-49.42%	-1.41	0.33	12.05%	-13041.29%
ALOT	133.2M	148.1M	-4.07%	21.99%	28.37	0.9	3.90%	76.40%
AKTS	59.2M	29.7M	5.26%	-80.77%	-0.86	1.99	39.86%	-13.06%
AIRG	58.5M	56.0M	4.11%	-3.63%	-4.71	1.04	-26.16%	-43.53%

Corsair Gaming Inc News

Latest updates

Corsair Gaming Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	14.9%	417	363	325	354	399	312	284	381	511	391	473	529	556	457	380	309	327	284	241	245	-
Cost Of Revenue	14.9%	315	274	243	269	301	240	247	290	389	290	343	369	403	329	275	230	-	224	-	-	-
Gross Profit	14.9%	103	89.00	83.00	85.00	98.00	72.00	36.00	91.00	122	101	130	160	154	128	105	79.00	70.00	60.00	46.00	48.00	-
Operating Expenses	0.5%	91.00	90.00	86.00	84.00	84.00	83.00	91.00	93.00	97.00	91.00	96.00	93.00	95.00	78.00	69.00	65.00	-	49.00	-	-	-
S&GA Expenses	-0.2%	74.00	74.00	70.00	68.00	68.00	67.00	73.00	76.00	82.00	76.00	80.00	78.00	81.00	65.00	57.00	54.00	1.00	40.00	-	-	-
R&D Expenses	3.8%	17.00	16.00	16.00	17.00	16.00	16.00	18.00	17.00	15.00	14.00	15.00	15.00	14.00	13.00	12.00	12.00	-	9.00	-	-	-
EBITDA Margin	-0.6%	0.02*	0.02*	0.01*	-0.03*	-0.03*	-0.02*	-0.01*	0.04*	0.07*	0.09*	0.11*	0.11*	-	-	-	-	-	-	-	-	-
Interest Expenses	-8.3%	4.00	4.00	4.00	4.00	4.00	3.00	1.00	1.00	1.00	2.00	4.00	4.00	5.00	10.00	7.00	10.00	-	9.00	-	-	-
Income Taxes	699.0%	1.00	-0.10	-2.29	-0.64	1.00	-6.11	-4.16	-0.98	-2.25	0.00	2.00	13.00	9.00	3.00	4.00	3.00	-	-0.07	-	-	-
Earnings Before Taxes	373.4%	8.00	-2.98	-6.37	-2.29	9.00	-12.06	-56.00	-4.26	22.00	2.00	30.00	60.00	52.00	40.00	27.00	4.00	-	1.00	-	-	-
EBT Margin	-11.7%	0.00*	0.00*	-0.01*	-0.05*	-0.05*	-0.03*	-0.02*	0.03*	0.06*	0.07*	0.09*	0.09*	-	-	-	-	-	-	-	-	-
Net Income	326.7%	7.00	-3.08	-4.48	-2.01	7.00	-6.21	-52.01	-2.87	25.00	2.00	28.00	47.00	43.00	36.00	23.00	1.00	6.00	2.00	-7.43	-8.49	-
Net Income Margin	10.7%	0.00*	0.00*	0.00*	-0.04*	-0.04*	-0.02*	-0.02*	0.03*	0.05*	0.06*	0.08*	0.08*	-	-	-	-	-	-	-	-	-
Free Cashflow	461.7%	55.00	-15.24	-0.63	37.00	15.00	27.00	9.00	-10.47	-8.17	-37.12	29.00	26.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																		(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Assets	1.4%	1,357	1,338	1,319	1,297	1,297	1,183	1,232	1,319	1,337	1,342	1,378	1,333	1,314	1,256	1,190	1,125	1,060	811
Current Assets	4.7%	712	679	662	633	623	515	555	627	706	708	732	712	691	628	-	-	430	316
Cash Equivalents	20.8%	179	148	184	182	154	62.00	39.00	32.00	65.00	76.00	139	126	134	120	111	50.00	52.00	28.00
Inventory	2.0%	240	236	213	188	193	250	293	300	298	332	273	235	226	210	-	-	151	149
Net PPE	-2.6%	32.00	33.00	34.00	34.00	35.00	27.00	23.00	20.00	17.00	16.00	16.00	15.00	16.00	15.00	-	-	15.00	12.00
Goodwill	0.0%	355	355	6.00	348	348	346	348	348	317	314	314	314	313	312	-	-	313	227
Liabilities	0.0%	663	663	645	633	642	628	670	708	769	805	849	846	877	867	859	851	843	648
Current Liabilities	6.0%	418	395	366	349	343	325	357	385	447	476	494	499	505	444	-	-	300	219
Long Term Debt	-11.7%	186	211	217	220	232	239	240	242	243	244	270	294	321	370	-	-	503	394
LT Debt, Non Current	-11.7%	186	211	217	220	232	239	240	242	243	244	270	294	321	370	-	-	503	394
Shareholder's Equity	2.7%	668	650	659	644	624	527	536	592	568	537	530	488	437	389	241	215	217	163
Retained Earnings	18.2%	40.00	34.00	37.00	36.00	37.00	25.00	34.00	93.00	98.00	73.00	72.00	44.00	-2.81	-45.86	-	-	-106	-93.16
Additional Paid-In Capital	1.3%	631	622	615	602	593	505	499	490	470	464	456	442	439	437	-	-	325	258
Shares Outstanding	0%	101	101	101	101	101	96.00	95.00	95.00	93.00	93.00	92.00	92.00	-	-	-	-	-	-
Minority Interest	3.6%	10.00	10.00	11.00	10.00	10.00	11.00	11.00	12.00	12.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	768	-	-	-	507	-	-	-	1,204	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Cashflow From Operations	579.3%	57,093	-11,912	2,146	41,826	21,247	35,091	16,157	-6,106	-4,869	-34,336	31,629	27,768	68,629	24,716	73,608	2,000	-	-	-
Share Based Compensation	-2.5%	7,628	7,825	8,174	7,246	5,281	5,643	6,087	5,147	3,579	5,812	4,768	3,076	1,510	1,631	1,550	1,105	-	-	-
Cashflow From Investing	88.7%	-1,977	-17,547	-2,780	-4,677	-6,555	-7,929	-8,651	-23,899	-6,502	-3,108	-2,858	-8,073	-4,372	-2,902	-1,159	-1,847	-	-	-
Cashflow From Financing	-296.4%	-24,182	-6,100	2,781	-9,886	76,536	-3,250	1,229	-1,906	1,779	-23,642	-15,726	-27,815	-52,760	-13,247	-11,815	-1,309	-	-	-

CRSR Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net revenue	$ 1,459,875	$ 1,375,098	$ 1,904,060
Cost of revenue	1,099,612	1,078,466	1,390,206
Gross profit	360,263	296,632	513,854
Operating expenses:
Sales, general and administrative	285,313	284,932	315,672
Product development	65,261	66,493	60,288
Total operating expenses	350,574	351,425	375,960
Operating income (loss)	9,689	(54,793)	137,894
Other (expense) income:
Interest expense	(17,420)	(9,560)	(17,673)
Interest income	6,839	374
Other (expense) income, net	(2,587)	213	(5,661)
Total other expense, net	(13,168)	(8,973)	(23,334)
Income (loss) before income taxes	(3,479)	(63,766)	114,560
Income tax benefit (expense)	2,442	9,820	(13,600)
Net income (loss)	(1,037)	(53,946)	100,960
Less: Net income attributable to noncontrolling interest	1,553	442
Net income (loss) attributable to Corsair Gaming, Inc.	(2,590)	(54,388)	100,960
Calculation of net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.:
Net income (loss) attributable to Corsair Gaming, Inc.	(2,590)	(54,388)	100,960
Change in redemption value of redeemable noncontrolling interest	5,777	(6,536)
Net income (loss) attributable to common stockholders of Corsair Gaming, Inc.	$ 3,187	$ (60,924)	$ 100,960
Net income (loss) per share attributable to common stockholders of Corsair Gaming, Inc.:
Basic	$ 0.03	$ (0.63)	$ 1.08
Diluted	$ 0.03	$ (0.63)	$ 1.01
Weighted-average common shares outstanding:
Basic	102,482	96,280	93,260
Diluted	106,276	96,280	100,004

CRSR Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash	$ 175,620	$ 151,180
Restricted cash	2,705	2,647
Accounts receivable, net	253,268	235,656
Inventories	240,172	192,717
Prepaid expenses and other current assets	39,824	40,593
Total current assets	711,589	622,793
Restricted cash, noncurrent	239	233
Property and equipment, net	32,212	34,927
Goodwill	354,705	347,747
Intangible assets, net	188,009	216,255
Other assets	70,709	75,290
Total assets	1,357,463	1,297,245
Current liabilities:
Debt maturing within one year, net	12,190	6,495
Accounts payable	239,957	172,033
Other liabilities and accrued expenses	166,340	164,470
Total current liabilities	418,487	342,998
Long-term debt, net	186,006	232,170
Deferred tax liabilities	17,395	18,054
Other liabilities, noncurrent	41,595	48,589
Total liabilities	663,483	641,811
Commitments and Contingencies (Note 9)
Temporary equity
Redeemable noncontrolling interest	15,937	21,367
Corsair Gaming, Inc. stockholders’ equity:
Preferred stock, $0.0001 par value: 5,000 shares authorized, nil and nil shares issued and outstanding as of December 30, 2023 and 2022, respectively
Common stock, $0.0001 par value: 300,000 shares authorized, 103,255 and 101,385 shares issued and outstanding as of December 31, 2023 and 2022, respectively	10	10
Additional paid-in capital	630,642	593,486
Retained earnings	40,410	37,223
Accumulated other comprehensive loss	(3,487)	(6,881)
Total Corsair Gaming, Inc. stockholders’ equity	667,575	623,838
Nonredeemable noncontrolling interest	10,468	10,229
Total permanent equity	678,043	634,067
Total liabilities, temporary equity and permanent equity	$ 1,357,463	$ 1,297,245

About Corsair Gaming Inc

Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, and controllers, as well as capture cards, stream decks, USB microphones, studio accessories, and EpocCam software. The company also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, and DRAM modules, as well as prebuilt and custom-built gaming PCs, and others; and PC gaming software comprising iCUE for gamers and Elgato's streaming suite for streamers and content creators. In addition, it offers coaching and training, and other services. The company sells its products through a network of distributors and retailers, including online retailers, as well as directly to consumers through its website. Corsair Gaming, Inc. was incorporated in 1994 and is headquartered in Milpitas, California. Corsair Gaming, Inc. is a subsidiary of Corsair Group (Cayman), LP.

CEO	Mr. Andrew J. Paul
WEBSITE	corsair.com
INDUSTRY	Computer Hardware
EMPLOYEES	2480

Corsair Gaming Inc Frequently Asked Questions

What is the ticker symbol for Corsair Gaming Inc? What does CRSR stand for in stocks?

CRSR is the stock ticker symbol of Corsair Gaming Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Corsair Gaming Inc (CRSR)?

As of Tue Apr 23 2024, market cap of Corsair Gaming Inc is 1.14 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CRSR stock?

You can check CRSR's fair value in chart for subscribers.

What is the fair value of CRSR stock?

You can check CRSR's fair value in chart for subscribers. The fair value of Corsair Gaming Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Corsair Gaming Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CRSR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Corsair Gaming Inc a good stock to buy?

The fair value guage provides a quick view whether CRSR is over valued or under valued. Whether Corsair Gaming Inc is cheap or expensive depends on the assumptions which impact Corsair Gaming Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CRSR.

What is Corsair Gaming Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, CRSR's PE ratio (Price to Earnings) is -438.75 and Price to Sales (PS) ratio is 0.78. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CRSR PE ratio will change depending on the future growth rate expectations of investors.