Should You Buy Corsair Gaming Inc (CRSR) Today? Analysis, Price Targets, and 2026 Outlook.
Conclusion
Hold
Latest Price
5.150
1 Day change
52 Week Range
13.020
Analysis Updated At
2026/01/28
Not a good buy right now for a beginner long-term investor who is impatient. CRSR is still in a clear downtrend with weakening momentum and the short-term probability model also points to further downside over the next week/month. Despite options traders positioning very bullish (call-heavy), there is no Intellectia buy signal today and fundamentals still show losses. A better approach is to hold off until price action stabilizes above key resistance (around 5.57–5.93) or after the next earnings update confirms improving profitability.
Technical Analysis
Trend is bearish. Moving averages are stacked bearishly (SMA_200 > SMA_20 > SMA_5), indicating a sustained longer-term downtrend. MACD histogram is negative (-0.0325) and expanding lower, suggesting downside momentum is still building. RSI(6) at ~21 is deeply oversold, which can lead to short bounces, but oversold alone is not a reliable long-term entry signal when the trend is down. Price is sitting near support: S1 ~5.222 (current post-market ~5.21 is slightly below/at that zone). Next support is S2 ~5.005. Overhead resistance is the pivot ~5.574, then R1 ~5.925. Probabilistic pattern study also leans negative (estimated -1.61% next week, -3.79% next month).
Intellectia Proprietary Trading Signals:
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock today.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Options positioning is extremely call-skewed (open interest put/call 0.04; volume put/call 0.02), which reads as bullish/speculative sentiment. However, implied volatility is relatively subdued vs its own history (IV percentile ~16, IV rank ~11), suggesting the market is not pricing a large move compared to the past. Notably, today’s options activity is elevated vs the 30-day average (volume ~46% of avg; open interest ~109% of avg), indicating increased engagement, but this can also happen in downtrends as traders bet on a rebound. Net: sentiment looks bullish in options, but it conflicts with the bearish technical trend.
Technical Summary
Sell
9
Buy
5
Positive Catalysts
1) Revenue growth and better gross margin in 2025/Q3 (top-line +13.66% YoY; gross margin up to 26.92%). 2) Potential industry tailwinds into 2026 from the console/PC game slate (e.g., major releases) and a GPU refresh cycle mentioned by analysts. 3) Upcoming earnings (QDEC 2025) on 2026-02-11 could reset expectations if profitability improves.
Neutral/Negative Catalysts
1) Clear technical downtrend with negative momentum (bearish MA stack; MACD worsening) and the statistical pattern outlook points to more downside over week/month. 2) Profitability remains weak: 2025/Q3 net income and EPS were more negative YoY (net income -$9.53M; EPS -0.09). 3) Analysts flagged near-term demand uncertainty and cost pressures (e.g., memory price increases) impacting guidance/holiday period expectations. 4) No supportive recent news flow/catalyst in the past week to reverse sentiment immediately.
Financial Performance
Latest reported quarter: 2025/Q3. Revenue rose to $345.763M (+13.66% YoY) and gross margin improved to 26.92% (+17.55% YoY), which is constructive for long-term quality of earnings. However, the company is still unprofitable and losses worsened YoY (net income -$9.534M; EPS -0.09, both down ~84% YoY). Overall: improving sales/margins, but the bottom line trend is still negative, which makes a long-term entry less attractive while the stock is in a downtrend.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent Street trend: price targets have been cut repeatedly (Goldman to $6.50 from $9; B. Riley to $7.50 from $9; Barclays to $9 from $12; Craig-Hallum to $10 from $12). Ratings are mixed but skew cautious: multiple Neutrals (Goldman, B. Riley) with at least one Buy (Craig-Hallum) and one Overweight (Barclays). Wall Street pros: long-term potential tied to gaming hardware/accessory cycles and major game launches. Wall Street cons: near-term consumer spending uncertainty, cost pressures (e.g., memory), and a more subdued outlook after the mixed Q3/holiday commentary. Net: pros see a cycle-driven recovery story, cons see near-term earnings risk—consistent with ‘hold’ rather than ‘buy now’. Politicians/congress: no recent congress trading data available; hedge funds and insiders show no significant recent trend.
Wall Street analysts forecast CRSR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRSR is 9.5 USD with a low forecast of 6.5 USD and a high forecast of 13 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast CRSR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRSR is 9.5 USD with a low forecast of 6.5 USD and a high forecast of 13 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
3 Hold
0 Sell
Moderate Buy
Current: 5.150
Low
6.5
Averages
9.5
High
13
Current: 5.150
Low
6.5
Averages
9.5
High
13
B. Riley
Drew Crum
Neutral
downgrade
$9
AI Analysis
2025-12-22
Reason
B. Riley
Drew Crum
Price Target
$9
AI Analysis
2025-12-22
downgrade
Neutral
Reason
B. Riley analyst Drew Crum lowered the firm's price target on Corsair Gaming (CRSR) to $7.50 from $9 and keeps a Neutral rating on the shares. Analysis of the CY26 console and PC game slate indicates that strong releases, led by Grand Theft Auto VI, along with contributions from Nintendo's (NTDOY) Switch 2 and a rebound in free-to-play mobile, position the industry for modest global growth, with consumer spending projected up 3% year-over-year, the analyst tells investors in a research note.
Goldman Sachs
Neutral
downgrade
$9
2025-11-06
Reason
Goldman Sachs
Price Target
$9
2025-11-06
downgrade
Neutral
Reason
Goldman Sachs lowered the firm's price target on Corsair Gaming to $6.50 from $9 and keeps a Neutral rating on the shares.
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