Corsair Gaming Inc
General ticker "CRSR" information:
- Sector: Information Technology
- Industry: Technology Hardware, Storage & Peripherals
- Capitalization: $771.2M
Corsair Gaming Inc does not follow the US Stock Market performance with the rate: -18.5%.
Estimated limits based on current volatility of 3.2%: low 6.34$, high 6.77$
Factors to consider:
- North and South America accounted for 52.7% of revenue in the fiscal year ended 2022-12-31
- Current price 53.9% below estimated low
- Earnings for 18 months up through Q2 (+1 year) are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2022-12-31 to 2024-12-30
- 2022-12-31 to 2023-12-31 estimated range: [13.01$, 22.63$]
- 2023-12-31 to 2024-12-30 estimated range: [13.60$, 23.33$]
Financial Metrics affecting the CRSR estimates:
- Positive: 0.10 < Non-GAAP EPS, $ of 0.17
- Negative: Operating profit margin, % of -3.83 <= 1.03
- Negative: negative Net income
- Positive: Industry inventory ratio change (median), % of -3.28 <= -0.39
- Positive: Inventory ratio change, % of -1.34 <= -1.03
Short-term CRSR quotes
Long-term CRSR plot with estimates
Financial data
| YTD | 2020-12-31 | 2021-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Revenue | $1,702.37MM | $1,904.06MM | $1,375.10MM |
| Operating Expenses | $1,544.01MM | $1,766.17MM | $1,429.89MM |
| Operating Income | $158.36MM | $137.89MM | $-54.79MM |
| Non-Operating Income | $-36.32MM | $-23.33MM | $-8.97MM |
| Interest Expense | $35.14MM | $17.67MM | $9.19MM |
| R&D Expense | $50.06MM | $60.29MM | $66.49MM |
| Income(Loss) | $122.04MM | $114.56MM | $-63.77MM |
| Taxes | $18.82MM | $13.60MM | $-9.82MM |
| Profit(Loss) | $103.22MM | $100.96MM | $-53.95MM |
| Stockholders Equity | $437.39MM | $568.18MM | $623.84MM |
| Inventory | $226.01MM | $298.31MM | $192.72MM |
| Assets | $1,314.12MM | $1,337.40MM | $1,297.24MM |
| Operating Cash Flow | $168.95MM | $20.19MM | $66.39MM |
| Capital expenditure | $8.99MM | $10.97MM | $26.32MM |
| Investing Cash Flow | $-10.28MM | $-20.54MM | $-47.03MM |
| Financing Cash Flow | $-79.13MM | $-65.40MM | $72.61MM |
| Earnings Per Share* | $1.12 | $1.08 | $-0.56 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.