You May Never Have Heard of Corsair Gaming But Its Stock Just Jumped 50%. Should You Buy Shares Here?
Corsair Gaming (CRSR) stock surged 50% after a strong fourth-quarter earnings report, which included exceeding revenue expectations, posting $0.43 EPS, and announcing a $50 million share buyback. This rally has sparked investor interest in the PC gaming hardware maker, which had previously been out of favor, leading to questions about whether this is a sustainable turnaround or just a short-term spike. Analysts are cautiously optimistic, with many raising price targets while still assessing long-term growth and potential challenges like semiconductor constraints.
https://www.barchart.com/story/news/260422/you-may-never-have-heard-of-corsair-gaming-but-its-stock-just-jumped-50-should-you-buy-shares-here