Corsair has tailwinds stemming from the popularity of gaming and esports. Senseonics had some recent positive trial results from its glucose monitoring system. The stock jumped on that news early in June. But that news was the trigger for the traders to continue to increase trading volume over the subsequent 10 days.
Full Answer
What will Corsair gaming's stock price be worth in the next year?
Jun 14, 2021 · Corsair has tailwinds stemming from the popularity of gaming and esports. Senseonics had some recent positive trial results from its glucose monitoring system. The stock jumped on that news early...
Is Corsair gaming (CrSr) a buy or sell?
Apr 22, 2022 · Why Corsair Gaming Shares Are Falling Corsair Gaming Inc (NASDAQ: CRSR) shares are trading lower Friday after the company issued preliminary first-quarter financial results below analyst estimates. Corsair Gaming said it expects first-quarter revenue to be approximately $380 million versus the $447.43 million estimate, according to data from ...
What was the January short interest in Corsair gaming (CDs)?
Feb 16, 2022 · Corsair Gaming (NASDAQ: CRSR) is riding high today, up 10.4% and touching a three-month high, off the news that it's entering the S&P SmallCap 600 Index. It's moving in to replace First Midwest ...
Who underwrote Corsair gaming's IPO?
Aug 13, 2021 · After gaining steam on Reddit’s r/WallStreetBets forum and Stocktwits the stock rose by 14% in a single day. The reason for the renewed retail investor interest is …
Is Corsair stock a good buy?
Thanks to its decent fundamentals, CRSR has a strong buy rating from the Wall Street consensus. Experts have set an average price target of $34, which would represent an upside of more than 60% by the end of the year. Looking at its valuations, it appears that CRSR is undervalued.Jan 24, 2022
Will Corsair stock go up?
Stock Price Forecast The 9 analysts offering 12-month price forecasts for Corsair Gaming Inc have a median target of 27.00, with a high estimate of 31.00 and a low estimate of 22.00. The median estimate represents a +67.23% increase from the last price of 16.15.
What is going on with Corsair?
Corsair is currently facing two main issues, temporary macroeconomic headwinds pushing the stock price down and EagleTree Capital holding a majority stake of the company and waiting for a good opportunity to unload its shares into the market.Dec 28, 2021
Why is Corsair Gaming dropping?
Corsair experienced extraordinary growth in 2020 mainly due to the gaming boom driven by stay-at-home trends due to the COVID-19 pandemic. This time, Corsair saw its net revenues drop "only" 8% below Q4 2020 levels.Feb 9, 2022
What is Nio price target?
The 28 analysts offering 12-month price forecasts for NIO Inc have a median target of 32.80, with a high estimate of 84.93 and a low estimate of 23.63. The median estimate represents a +90.95% increase from the last price of 17.18.
How high will DKNG stock go?
The 26 analysts offering 12-month price forecasts for DraftKings Inc have a median target of 31.50, with a high estimate of 79.00 and a low estimate of 18.00. The median estimate represents a +114.72% increase from the last price of 14.67.
Is Corsair stock undervalued?
Turning to Wall Street, CRSR stock earns a Moderate Buy consensus rating based on three Holds and three Buy ratings assigned during the past three months. The average CRSR stock price target of $32.50 implies 54.7% upside potential.Jan 3, 2022
Is Corsair a profitable company?
Corsair Earnings Growth Has Been Just as Impressive The company finished its quarter with a 71.6% year over year increase in revenue to $529.4 million. Adjusted net income was up 420.4% year over year to 58 cents per diluted share from 13 cents. All thanks to sales of gaming components and systems.Jul 2, 2021
Why is Corsair stock so cheap?
Supply chain issues pinched Corsair Gaming's sales, causing revenue to drop 14% year over year. Profits also plunged to a meager $1.8 million, or $0.02 per share, compared to $36 million in the same period last year.Nov 4, 2021
What is the best gaming stock to buy?
Best video game stocks to buy:Nvidia Corp. (NVDA)Electronic Arts Inc. (EA)Activision Blizzard Inc. (ATVI)Microsoft Corp. (MSFT)Take-Two Interactive Software Inc. (TTWO)Alphabet Inc. (GOOG, GOOGL)Amazon.com Inc. (AMZN)
Is Corsair Gaming a buy right now?
7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Corsair Gaming in the last twelve months. There are curr...
Are investors shorting Corsair Gaming?
Corsair Gaming saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 11,590,000 shares,...
When is Corsair Gaming's next earnings date?
Corsair Gaming is scheduled to release its next quarterly earnings announcement on Tuesday, May 3rd 2022. View our earnings forecast for Corsair G...
How were Corsair Gaming's earnings last quarter?
Corsair Gaming, Inc. (NASDAQ:CRSR) released its earnings results on Tuesday, February, 8th. The company reported $0.32 EPS for the quarter, beating...
What guidance has Corsair Gaming issued on next quarter's earnings?
Corsair Gaming issued an update on its FY 2022 earnings guidance on Monday, February, 21st. The company provided earnings per share guidance of for...
What price target have analysts set for CRSR?
7 analysts have issued 1-year price objectives for Corsair Gaming's stock. Their forecasts range from $25.00 to $40.00. On average, they expect Cor...
Who are Corsair Gaming's key executives?
Corsair Gaming's management team includes the following people: Mr. Andrew J. Paul , Founder, CEO & Director (Age 64, Pay $2.8M) ( LinkedIn Prof...
Who are some of Corsair Gaming's key competitors?
Some companies that are related to Corsair Gaming include Mandiant (MNDT) , Xerox (XRX) , Stratasys (SSYS) , Markforged (MKFG) , Mitek Systems...
What other stocks do shareholders of Corsair Gaming own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Corsair Gaming investors own include FedEx (FDX) , Equity...
What happened
Only in today's world of retail trading could a computer gaming equipment company, a movie theater chain, and a glucose monitoring product manufacturer be in the same stock market discussion. But that's what's happening today, as shares of these three strange stock bedfellows are jumping.
So what
Corsair Gaming is one of the newer entrants into the group of stocks moving based on short interest and discussions in online forums. The stock of the maker of computer gaming equipment soared more than 30% early in today's session on more than 20 times its average daily volume.
Now what
As the scope of WallStreetBets followers has expanded, more heavily shorted stocks are in the crosshairs of retail traders. The 30-day average trading volumes of Corsair, AMC, and Senseonics have all soared in the last month.
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Corsair Gaming (NASDAQ:CRSR) Price Target and Consensus Rating
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy).
Analyst Price Target Consensus
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Analyst Ratings By Month
The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Average Share Price and Price Target by Month
The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target.
Corsair Gaming (NASDAQ:CRSR) Analyst Ratings Frequently Asked Questions
According to the issued ratings of 7 analysts in the last year, the consensus rating for Corsair Gaming stock is Buy based on the current 3 hold ratings and 4 buy ratings for CRSR. The average twelve-month price target for Corsair Gaming is $30.29 with a high price target of $40.00 and a low price target of $25.00.
