Should I buy Corsair Gaming stock in 2025? Expert NZ Analysis

What is Corsair Gaming?

How much is the Corsair Gaming stock?

The price of Corsair Gaming stock is rising this week. As of the latest close, the current price is $9.01 USD, reflecting a 0.45% gain over the past 24 hours and a strong 8.55% increase over the week.

Corsair Gaming holds a market capitalisation of $953.45 million, with an average daily volume of 979,924 shares traded over the past three months.

There is no current P/E ratio, as the company is posting a loss, and no dividend is paid; the stock has a beta of 1.70, suggesting higher volatility than the broader market.

Investors in New Zealand should note this higher volatility could mean both greater potential for gains and increased risk.

Our full analysis on the Corsair Gaming stock

Having rigorously reviewed Corsair Gaming’s latest Q1 2025 results alongside its three-year stock performance, we have synthesized multi-source data—financial metrics, technical analysis, market sentiment, and competitive positioning—using our proprietary modeling. The outcome underscores a compellingly improved outlook. So, why might Corsair Gaming stock once again become a strategic entry point into the global gaming hardware sector as we look ahead to 2025?

Recent Performance and Market Context

Over the past six months, Corsair Gaming (NASDAQ: CRSR) has demonstrated robust recovery, with the stock appreciating by +22.59% to USD $9.01 (as of 30 May 2025). Gains of +8.55% in the past week alone reflect renewed bullish sentiment, reversing a prior 12-month drawdown of -20.76% that mirrored sector-wide volatility. This resurgence coincides with a notable improvement in quarterly results and market optimism surrounding the company’s agility in a dynamically shifting hardware environment.

• Successful integration of Fanatec, solidifying Corsair’s leadership in the rapidly expanding sim racing market.
• New product launches such as the HXi Series power supplies, designed to meet anticipated demand from next-generation GPUs (NVIDIA RTX 50, AMD 9070).
• Expansion of branded partnerships with major gaming franchises (Call of Duty, Starfield) and iconic brands (Porsche).
• Tailwinds from sectoral trends, as improved GPU availability augments PC-build activity, creating fertile ground for Corsair’s diverse peripherals and component offerings.

Macroeconomically, the hardware sector benefits from resilient global gaming spend, strengthening discretionary consumption in APAC markets, and a broadly favourable USD/NZD exchange context for New Zealand-based investors seeking exposure to US-listed equities.

Technical Analysis

The technical landscape for CRSR has turned decisively positive. Key signals include:

• Relative Strength Index (14-day): 63.75, reflecting strong but not overbought momentum.
• MACD (12,26): A positive reading of 0.34, confirming a medium-term buy signal.
• Short and Long-Term Moving Averages: The stock trades above its 20-day ($8.10), 50-day ($7.87), 100-day ($8.90), and 200-day ($7.84) averages, showing comprehensive upward alignment.

Significantly, the 50-day moving average recently crossed above the 200-day (“Golden Cross”), a textbook bullish reversal often considered a harbinger of sustained uptrends. In fact, 14 out of 15 tracked moving averages currently point to a buy, and the price is consolidating above a multi-month support zone ($5.79) with scope to challenge major resistance near $12.53—a range defining the last 52-week trading channel ($5.59–$13.02).

The current market structure—with escalating short- and medium-term momentum—suggests that Corsair Gaming could be entering a new bullish phase, offering a technically favourable entry point for both active traders and long-term investors.

Fundamental Analysis

Corsair’s Q1 2025 results confirm real business progress:

• Revenue grew +9.6% year-on-year to $369.8M (Q1 2025 vs $337.3M prior year).
• Gaming Components and Systems led with +11.9% growth.
• Gamer and Creator Peripherals rose +4.7%, underscoring diversification.
• Gross margin improved to 27.7% (from 25.7%), evidencing operational discipline amidst supply chain complexity.
• Adjusted EBITDA surged to $22.6M (+25.6% YoY), driving adjusted net income up to $12.3M (from $9.5M).
• EPS (adjusted): Moved positively to $0.11.

Importantly for value-driven investors, Corsair’s Price/Sales ratio (0.70) and Price/Book ratio (1.57) stand well below the sector median, suggesting the stock trades at an attractive multiple relative to revenue and net asset value. Though Corsair is yet to return to sustained GAAP profitability (EPS TTM: -$0.93), improving EBITDA and clear operational leverage bodes well for a return to net profits in upcoming quarters.

• An ecosystem of premium brands (Corsair, Elgato, SCUF, ORIGIN PC, Fanatec) that command loyalty among gamers and creators globally.
• Agile supply chain management enabling efficient demand response, especially as tariff and input cost risks remain.
• Proven innovation leadership in AI-driven products and custom gaming solutions.

Overall, these fundamental vectors appear to justify renewed investor interest at current valuation levels.

Volume and Liquidity

With a robust average daily volume (979,924 shares) and a market cap just under $1 billion, Corsair Gaming enjoys plentiful liquidity, facilitating nimble entry and exit for both retail and institutional participants. The float of 45.01 million shares versus 105.82 million total outstanding supports an environment where dynamic valuation adjustments are possible, especially around earnings, major launches, or macro events.

Sustained trading activity, especially during recent rallies, signals firm market confidence, with investor positioning well-aligned to absorb incremental positive news flow.

Catalysts and Positive Outlook

Looking ahead, several clear catalysts and tailwinds suggest further upside potential:

• Product Innovation: Ongoing integration of AI features (AI Prompter, AI Wavelink) and new product cycles targeting enthusiast gamers and streamers.
• Geographic Expansion: Accelerated penetration into Asia-Pacific (notably Japan and South Korea) diversifies revenue and taps into high-growth gaming markets.
• Segment Synergy: Growth in sim racing hardware, following the Fanatec integration and Porsche partnership, enhances Corsair’s share of a surging market niche.
• Supply Chain Recovery: Improved GPU availability enables broader PC upgrading/assembly activity, underpinning component demand.
• ESG and Industry Recognition: Corsair’s commitment to global supply chain resilience, diversity, and sustainable practices positions the group favourably under evolving regulatory and investor scrutiny.

Consensus among analysts remains optimistic—6 out of 11 tracked research houses recommend a buy—with a mean 12-month price target of $10.67 (upside of 18.4% from current levels), and high-side projections up to $13.

Investment Strategies

Given this convergence of fundamental, technical, and market strengths, the current period seems well-suited for a range of investment approaches:

• Short-Term:
• Momentum traders may capitalise on breakout potential above $10, with stop-loss positioning just below recent support at $8.
• Anticipation of Q2 2025 results and product launches may provide short-term re-rating opportunities.
• Medium-Term:
• Investors seeking moderate holding periods might see an entry at these levels as strategically timed, sitting at the lower end of the analyst target range and before broader pricing in of AI- and sim racing-driven growth.
• Potential for additional geographical or segment expansion offers catalysts within the next 6–12 months.
• Long-Term:
• For those building core technology/gaming sector positions, Corsair’s diversified brand ecosystem, strong management transition, and continually expanding product suite lay a firm foundation for multi-year appreciation.
• The current valuation appears attractive when weighted against sector growth forecasts, with a profile that could see significant re-rating upon normalized profitability and further margin expansion.

All in all, ideal positioning may now be at hand for investors seeking entry at a technical low, just ahead of expected catalysts and further sector-wide recovery.

Is It the Right Time to Buy Corsair Gaming?

In summary, Corsair Gaming offers an unusually attractive blend of improving fundamentals, confirmed bullish technical signals, and sector leadership in a high-growth market. The business continues to deliver innovation momentum, operational excellence through margin enhancement, and a uniquely diversified revenue base anchored by world-class gaming brands.

With a compelling value proposition, optimised technical posture, and clear set of upcoming growth catalysts, Corsair Gaming appears well-poised for renewed outperformance in 2025 and beyond. For investors seeking well-timed exposure to the technology hardware sector, the stock currently seems to represent an excellent opportunity supported by both market momentum and underlying business strength.

Corsair Gaming may be primed for a new bullish chapter—and for those focused on identifying quality, timing, and growth, few names in the gaming hardware sector offer as much strategic appeal at this juncture.

How to buy Corsair Gaming stock in NZ?

Buying Corsair Gaming (CRSR) shares online is simple and secure when you use a regulated broker in New Zealand. Whether you want to directly own shares (spot buying) or prefer an active approach with Contracts for Difference (CFDs), modern platforms provide easy access and clear controls to protect your investment. Spot buying lets you own the stock outright, while CFDs let you speculate on price movements with leverage. Each method suits different investor profiles and goals. To help you get started, you’ll find a detailed broker comparison further down this page.

Cash buying

When you buy Corsair Gaming shares for cash, you’re purchasing real shares listed on the NASDAQ, and you become a direct shareholder. For New Zealand investors, this usually means paying a fixed brokerage fee per trade—commonly between NZ$5 and NZ$15 per order, depending on your choice of broker.

Important example

Example: Suppose the current Corsair Gaming share price is USD $9.01 (around NZ$14.65 at typical exchange rates). With a NZ$1,000 stake and a brokerage fee of NZ$5, you could buy approximately 67 shares (NZ$1,000 ÷ NZ$14.65 = 68.3, rounded down after accounting for fees).
✔️ Gain scenario: If the share price rises by 10%, your shares are now worth NZ$1,100.
Result: +NZ$100 gross gain, representing a 10% return on your investment.

Trading via CFD

CFD (Contract for Difference) trading enables you to speculate on Corsair Gaming’s price without owning the underlying shares. With CFDs, you trade on margin, amplifying both gains and risks through leverage. Typical fees include the spread (the gap between buy and sell prices) and a small daily overnight financing cost if you keep your position open beyond a day.

Important example

Example: You open a CFD position on Corsair Gaming with NZ$1,000 and 5x leverage, giving you NZ$5,000 equivalent market exposure.
✔️ Gain scenario: If the share price rises by 8%, your position gains 8% × 5 = 40%.
Result: +NZ$400 (excluding spreads and overnight fees), based on an initial NZ$1,000 investment.

Final advice

Before buying Corsair Gaming shares, take time to compare New Zealand brokers’ fees, supported markets, currency conversion costs, and platform features—as conditions vary widely. Your ideal investment method depends on your goals: direct cash buying suits long-term investors seeking ownership, while CFDs appeal to active traders seeking short-term exposure with leverage. You’ll find a detailed broker comparison further down the page to guide your choice. Always invest within your financial means and consider your risk tolerance.

Our 7 tips for buying Corsair Gaming stock

The latest news about Corsair Gaming

Corsair Gaming’s stock has surged by 8.55% in the last week, with positive technical momentum. The NASDAQ-listed company has seen a notable short-term rally, supported by strong technical indicators: its 20, 50, 100, and 200-day moving averages all issue "buy" signals, and the recent confirmation of a golden cross indicates a shift towards a bullish trend. The MACD (0.34) also supports continued upward movement, making Corsair a focus among market technicians and short-term traders, including those seeking U.S. tech exposure on the NZX or through ADRs. With the stock currently at $9.01 USD and a consensus target price of $10.67, analysts anticipate an upside of 18.4%, which could be attractive to investors in New Zealand seeking high-growth international equities.

Strong Q1 2025 financials show resilience, with revenue up 9.6% year-on-year and margins improving. Corsair’s Q1 2025 revenue reached $369.8 million, up from $337.3 million a year ago, and gross margin improved to 27.7% from 25.7%. The company's main business segments, including gaming hardware and peripherals, saw both top-line and profitability growth. Importantly, these results were in line with management's guidance, bolstering confidence in Corsair’s operational execution and earnings reliability—key considerations for NZ-based funds and retail investors assessing risk and growth potential in foreign technology stocks.

Integration of Fanatec and new product launches strengthen Corsair’s portfolio and brand appeal globally and in Asia-Pacific. The successful integration of Fanatec’s systems and launches such as the CSL Elite Steering Wheel Porsche Vision GT and HXi Series power supplies for the latest NVIDIA and AMD GPUs reinforce Corsair’s reputation for innovation. The expansion of its Custom Labs business, with official collaborations involving popular titles like Call of Duty and Starfield, signals enhanced global brand leverage. Such moves are positive for the Australasian market, where sim racing, eSports, and high-end PC gaming hardware see rising demand, and where Corsair’s products are readily available through leading NZ electronics retailers.

Corsair’s strategic international expansion, including in Asia-Pacific markets, offers growth opportunities relevant to NZ investors. While Corsair derives most revenue from the U.S., its ongoing geographical diversification—particularly into Japan and South Korea—reduces reliance on any single market and aligns with broader trends in gaming adoption across Asia-Pacific. This is pertinent for New Zealand, given regional consumer preferences for global brands and the heightened interest among local gamers and creators for premium peripherals and streaming hardware, reinforcing the likelihood of sustained demand for Corsair’s offerings.

The analyst consensus remains optimistic, with six out of eleven analysts recommending a buy and no immediate regulatory headwinds impacting distribution to New Zealand. Sentiment towards Corsair Gaming remains broadly favourable, and the consensus price target suggests potential capital appreciation from current levels. Distribution of Corsair products remains active and robust within New Zealand, with no notable barriers posed by recent U.S.-China tariff discussions or regulatory adjustments affecting local supply chains. The company’s absence of a dividend is typical for its sector, and capital gain tax implications for NZ investors would follow standard offshore investment rules. These factors, alongside Corsair’s innovation and global reach, position the stock as a constructive candidate for watchlists and potential allocation in well-diversified portfolios.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.