Barclays Raises Corsair Gaming Price Target to $12

Barclays raised Corsair Gaming's price target to $12 from $10 and maintained an Overweight rating. The company beat estimates due to better margins and double-digit Components and Systems growth, with positive market adoption of new products.

Title: Barclays Raises Corsair Gaming Stock Price Target Amid Strong Q2 Results

Barclays (LON:BARC) has elevated its price target for Corsair Gaming (NASDAQ:CRSR) to $12.00 from $10.00, while maintaining an Overweight rating, following the company’s second-quarter results. The upgrade reflects robust financial performance and promising market momentum.

Corsair Gaming reported better-than-expected second-quarter 2025 results, driven by improved margins and double-digit growth in its Components and Systems segments. The company demonstrated margin expansion across all three of its business segments, with overall gross margins reaching 25.45% [1]. Analysts have revised their earnings estimates upward, and Corsair is expected to return to profitability this year [2].

The gaming hardware manufacturer highlighted its strategy to mitigate tariff impacts, which were a key focus during the earnings call. Corsair noted that an improved mix of higher-growth products boosted both gross profits and gross margins during the quarter [1]. Corsair also continued to reduce its debt, ending the quarter with $125 million in outstanding debt, and reaffirmed its commitment to managing operating expenses while pursuing long-term growth opportunities [1].

Despite withdrawing its quarterly guidance last quarter due to tariff uncertainties, Corsair maintained its full-year revenue guidance of $1.4-1.6 billion for 2025 [1]. The company reported earnings per share (EPS) of $0.01, which fell short of the anticipated $0.03, resulting in a 66.67% negative surprise. However, Corsair Gaming’s revenue exceeded expectations, reaching $320 million compared to the forecasted $312.38 million [3].

The mixed results reflect both challenges and opportunities for Corsair Gaming in the current market environment. Investors and analysts will closely monitor the company’s future performance and strategic decisions [1]. Analyst reactions and potential stock rating changes could follow as more insights are gained from Corsair’s financial disclosures [1].

References
[1] https://ng.investing.com/news/analyst-ratings/barclays-raises-corsair-gaming-stock-price-target-to-12-on-margin-gains-93CH-2052509
[2] https://za.investing.com/news/analyst-ratings/barclays-raises-corsair-gaming-stock-price-target-to-12-on-margin-gains-93CH-3828623
[3] https://ir.corsair.com/news-releases/news-release-details/corsair-reports-strong-q2-2025-double-digit-year-over-year