Corsair Gaming has received a consensus rating of Buy. The company’s average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Similarly What sector is CRSR in? Key Data
| Label | Value |
|---|---|
| Sector | Technology |
| Industry | Computer Manufacturing |
| 1 Year Target | $29.00 |
| Today’s High/Low | $20.66/$18.90 |
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 28.00, with a high estimate of 36.00 and a low estimate of 25.00. The median estimate represents a +43.00% increase from the last price of 19.58.
Additionally, Is Corsair a public company?
It trades under the ticker symbol CRSR on the NASDAQ stock exchange. Lockdown orders associated with the COVID-19 pandemic, and a rise in demand for computing equipment, including the computer gaming sector, led to a significant short-term increase in Corsair’s revenue.
Is CRSR undervalued?
Looking at its valuations, it appears that CRSR is undervalued. In February 2021, the stock had a price-to-earnings (P/E) ratio of 30 times. Today, its P/E ratio stands at 13, while the average P/E ratio in the gaming industry is 25. In addition, the global gaming market is expected to reach $257 billion by 2025.
Is CRSR a good stock? According to Stockrover, CRSR stock has a mixed quant score. It is a quality stock with a high return on invested capital. But its value score is lower than that of DELL and HPQ stock. Corsair will likely sustain a higher valuation because it sells top-end gaming gear and computers.
Why does CRSR drop? That’s what happened to Corsair Gaming ( CRSR -2.99% ) after its third-quarter earnings report on Tuesday. Supply chain issues pinched Corsair Gaming’s sales, causing revenue to drop 14% year over year.
Why is CRSR shorted? A short squeeze for Corsair Gaming occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of CRSR, which in turn drives the price of the stock up even further.
Who are Corsairs competitors?
Corsair’s top competitors include Pegatron, GIGABYTE, Razer and Computer Masters.
Why is CRSR stock falling? 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.
Who is selling CRSR stock?
MAJOROS GEORGE L. JR. Insider Trading information for NDAQ is derived from Forms 3 and 4 filings filed with the U.S. Securities and Exchange Commission (SEC).
…
Number of Insider Shares Traded.
| INSIDER TRADE | 3 MONTHS | 12 MONTHS |
|---|---|---|
| Number of Shares Bought | 164,696 | 171,823 |
| Number of Shares Sold | 0 | 24,089,411 |
Why is Corsair short interest so high? An Orderly Decline with High Short Interest
Between the supply chain constraints and chip shortages, negative catalysts did not crash the stock – they sent it spiraling downwards in an orderly manner. The negative sentiment resulted in growing short interest, evident from the following graph.
What are the most shorted stocks?
Most Shorted Stocks Right Now
- Nikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% …
- Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. …
- SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. …
- Beyond Meat, Inc. (NASDAQ:BYND) …
- Lemonade, Inc. (NYSE:LMND)
What stocks have the highest short interest?
High Short Interest Stocks
| Ticker | Company | ShortInt |
|---|---|---|
| BYND | Beyond Meat Inc | 40.60% |
| GOGO | Gogo Inc | 39.18% |
| ICPT | Intercept Pharmaceuticals Inc | 35.97% |
| BLNK | Blink Charging Co | 35.29% |
Is Corsair a big company? CORSAIR (NASDAQ:CRSR) is a leading global developer and manufacturer of high-performance gear and technology for gamers, content creators, and PC enthusiasts.
Who are Razer competitors? Razer competitors include Logitech, Turtle Beach, MSI, Corsair and Alienware.
Is Razer a public company?
Founded in 2005, Razer is dual headquartered in Irvine (California) and Singapore with regional headquarters in Hamburg and Shanghai. Razer has 18 offices worldwide and is recognized as the leading brand for gamers in the USA, Europe and China. Razer is listed on the Hong Kong Stock Exchange (Stock Code: 1337).
Is Corsair shorted? After a prolonged decline, Corsair Gaming, Inc. (NASDAQ: CRSR) finally found support around the critical level of US$20. Interestingly, insider selling dried up as the price declined. However, the stock remains heavily shorted.
Is SNDL a shorted stock?
Short Shares Availability
This table shows the number of shares of US:SNDL available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.
What is an overvalued stock? An overvalued stock has a current price that is not justified by its earnings outlook, typically assessed by its P/E ratio. A company is considered overvalued if it trades at a rate that is unjustifiably and significantly in excess of its peers.
How do you tell if a stock is heavily shorted?
Search for the stock, click on the Statistics tab, and scroll down to Share Statistics, where you’ll find the key information about shorting, including the number of short shares for the company as well as the short ratio.
What is the most shorted stock today? Most Shorted Stocks
| Symbol Symbol | Company Name | Float Shorted (%) |
|---|---|---|
| GOGO GOGO | Gogo Inc. | 37.66% |
| BYND BYND | Beyond Meat Inc. | 37.56% |
| LMND LMND | Lemonade Inc. | 37.07% |
| NPCE NPCE | NeuroPace Inc. | 36.09% |
What are the least shorted stocks? Silence Therapeutics (SLN) has the lowest short interest by a US stock, with 0.01% of float sold short (9,793 shares).
Why is Corsair better than Razer?
2 are both outstanding gaming keyboards, but the Razer is slightly better because it has lower latency. It’s a better-built keyboard with a more comfortable wrist rest, and it offers a better typing experience, although that’s mainly because the Corsair’s key spacing takes a while to get used to.
Who makes RAM for Corsair?
Interestingly, aside from sourcing the memory chips from vendors like Samsung and Hynix, Corsair manages the RAM business all by itself in Taiwan, while almost all of Corsair’s other gear is produced by third-party suppliers in Asia.
