Corsair Gaming, Inc. logo CRSR - Corsair Gaming, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 4
HOLD 7
SELL 0
STRONG
SELL
0
| PRICE TARGET: $12.40 DETAILS
HIGH: $16.00
LOW: $8.00
MEDIAN: $12.00
CONSENSUS: $12.40
UPSIDE: 3.33%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong
Trading 111.1% above fair value
Current Price $12.00
Bear Case $4.65 61.2% downside ($4.65 - $12.00) / $12.00 = -61.2% 4% stage 1 growth, 12% discount
Fair Value $5.68 52.6% downside ($5.68 - $12.00) / $12.00 = -52.6% 7% stage 1 growth, 12% discount
Bull Case $6.61 44.9% downside ($6.61 - $12.00) / $12.00 = -44.9% 9% stage 1 growth, 12% discount

Adjust Assumptions

6.8%
12.0%
3.0%

Key Value Driver

FCF growth rate (7% base case)

Terminal Value % of EV 32%
Implied Market Multiple 31.0x
Market is pricing in (growth) 16.8% vs our 6.8% base

Plain-Language Summary

Using a two-stage FCF DCF with 7% growth decelerating over 15 years, discounted at 12%, the base-case intrinsic value is $5.68 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (11 analysts) $12.40
Analyst Range $8.00 – $16.00
Divergence from AlphaVal 54%

Warnings

Wall Street's average price target is $12.40 (from 11 analysts). Our estimate is 54% below the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions