Corsair Gaming, Inc. Common Stock (CRSR)
Corsair Gaming, Inc. is a provider of high-performance gaming and streaming peripherals, components, and solutions. Founded in 1994, the company produces a wide range of products including gaming keyboards, mice, headsets, memory modules, power supplies, and PC cases tailored to gamers, PC builders, and content creators. Corsair is known for its focus on quality, innovation, and customization, serving both retail and direct customers worldwide.
Company News
Three stocks were added to the Zacks Rank #5 (Strong Sell) list today: AGCO Corporation, Corsair Gaming, Inc., and DoorDash, Inc. The Zacks Consensus Estimate for their current year earnings has been revised downward significantly over the last 60 days.
The article discusses four tech stocks that are currently oversold, presenting an opportunity for investors. The stocks mentioned are HubSpot, Nutanix, CrowdStrike, and Corsair Gaming.
Corsair Gaming expects lower-than-expected Q2 revenue due to softer demand for high-end gaming PCs, as consumers wait for new GPU launches. The company's components business has also seen weaker performance, leading to disappointing results for revenue and margins.
This top game producer and leading peripherals brand are poised for rallies.
Corsair Gaming's positive long-term outlook is balanced against a currently pricey valuation. Click here to read why CRSR stock is a Hold.
