Corsair GamingInc Stock Target Price and Analyst Consensus

CRSR Stock  USD 10.94  0.07  0.64%   
The current analyst and expert consensus on Corsair GamingInc is Buy, with 3 strong buy opinions. The current projected Corsair GamingInc target price consensus is 19.71 with 7 analyst opinions. The most common way Corsair GamingInc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Corsair GamingInc executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Corsair GamingInc. We strongly encourage you to use your own analysis of Corsair GamingInc to validate this buy or sell advice. Corsair GamingInc buy-or-sell recommendation module provides average expert sentiment on the projected Corsair GamingInc target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Corsair GamingInc to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Corsair Stock, please use our How to Invest in Corsair GamingInc guide.
Lowest Forecast
17.94
Highest Forecast
21.88
Target Price
19.71
As of 04/25/2024, Gross Profit is likely to grow to about 370.4 M, though Pretax Profit Margin is likely to grow to (0). At this time, Corsair GamingInc's Non Current Assets Total are relatively stable compared to the past year. As of 04/25/2024, Long Term Debt is likely to grow to about 250.7 M, while Total Current Liabilities is likely to drop slightly above 347.2 M.
  
It's important to approach Corsair GamingInc's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Corsair GamingInc price targets

Corsair GamingInc's stock target price is an estimate of its future price, usually made by analysts. Using Corsair GamingInc's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Corsair GamingInc's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Corsair GamingInc's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Corsair GamingInc Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Corsair GamingInc is a key component of Corsair GamingInc valuation and have some predictive power on the future returns of a Corsair GamingInc.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Corsair GamingInc's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
8.9110.9012.89
Details
Intrinsic
Valuation
LowRealHigh
9.8513.3015.29
Details
Naive
Forecast
LowNextHigh
8.4710.4612.45
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.110.140.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Corsair GamingInc. Your research has to be compared to or analyzed against Corsair GamingInc's peers to derive any actionable benefits. When done correctly, Corsair GamingInc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Corsair GamingInc.

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When determining whether Corsair GamingInc is a strong investment it is important to analyze Corsair GamingInc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Corsair GamingInc's future performance. For an informed investment choice regarding Corsair Stock, refer to the following important reports:
Check out Macroaxis Advice on Corsair GamingInc to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Corsair Stock, please use our How to Invest in Corsair GamingInc guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Corsair GamingInc's price analysis, check to measure Corsair GamingInc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corsair GamingInc is operating at the current time. Most of Corsair GamingInc's value examination focuses on studying past and present price action to predict the probability of Corsair GamingInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corsair GamingInc's price. Additionally, you may evaluate how the addition of Corsair GamingInc to your portfolios can decrease your overall portfolio volatility.
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The data published in Corsair GamingInc's official financial statements usually reflect Corsair GamingInc's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Corsair GamingInc. For example, before you start analyzing numbers published by Corsair accountants, it's critical to develop an understanding of what Corsair GamingInc's liquidity, profitability, and earnings quality are in the context of the Technology Hardware, Storage & Peripherals space in which it operates.
Please note, the presentation of Corsair GamingInc's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Corsair GamingInc's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Corsair GamingInc's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Corsair GamingInc. Please utilize our Beneish M Score to check the likelihood of Corsair GamingInc's management manipulating its earnings.