Corsair Gaming beats Q4 revenue estimates, adjusted EBITDA guidance

Overview

• Gaming products maker's Q4 revenue rose 6%, beating analysts' expectations

• Adjusted EBITDA for Q4 increased 62%, above high end of company's guidance

• Company announced $50 mln share repurchase program

Outlook

• Corsair expects Q1 2026 revenue between $335 mln and $365 mln

• Company forecasts FY26 revenue between $1.33 bln and $1.47 bln

• Corsair anticipates FY26 adjusted EBITDA between $100 mln and $115 mln

Result Drivers

• MEMORY PRODUCTS - Strong demand for memory products drove revenue growth in Gaming Components and Systems segment

• PERIPHERALS SEGMENT - Revenue decline in Gamer and Creator Peripherals segment due to lower North American demand, offset by Asia-Pacific growth

• SUPPLY CHAIN MANAGEMENT - Successful navigation of semiconductor shortages helped meet robust demand for memory products

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the computer hardware peer group is "buy"

• Wall Street's median 12-month price target for Corsair Gaming Inc is $8.00, about 61.3% above its February 11 closing price of $4.96

• The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBw5kl8pQa

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