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Barclays Boosts Corsair Gaming (CRSR) Price Target After Strong Q2 Earnings

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Corsair Gaming Inc. (NASDAQ:CRSR) ranks among the best computer hardware stocks to invest in. Following the company’s second-quarter results, Barclays maintained its Overweight rating on Corsair Gaming Inc. (NASDAQ:CRSR) and raised its price target from $10 to $12 on August 8. The company reported better-than-expected second-quarter 2025 earnings on account of its higher margins and double-digit growth in its Components and Systems areas.

Barclays Boosts Corsair Gaming (CRSR) Price Target After Strong Q2 Earnings

Barclays Boosts Corsair Gaming (CRSR) Price Target After Strong Q2 Earnings

Photo by erik-mclean on Unsplash

During the earnings call, the gaming hardware manufacturer focused on how it is addressing the effects of tariffs. Corsair Gaming Inc. (NASDAQ:CRSR) reported that throughout the quarter, both gross profits and gross margins increased due to an enhanced mix of higher-growth products.

Corsair Gaming Inc. (NASDAQ:CRSR) continued cutting its debt, closing the quarter with $125 million outstanding. The company also restated its commitment to controlling operating costs while looking for long-term growth prospects.

Corsair Gaming Inc. (NASDAQ:CRSR) creates, develops, and sells gaming and streaming peripherals, components, and systems worldwide. Its offerings include gaming keyboards, streaming equipment, PC components, and pre-built PCs, among others.

While we acknowledge the potential of CRSR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This article is originally published at Insider Monkey.

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