Corsair Gaming Non-GAAP EPS of -0.29 misses by 0.35, revenue of 304.2M beats by 1.69M
| CRSR Stock | USD 6.47 0.13 1.97% |
Slightly above 67% of Corsair Gaming's investor base is looking to short. The analysis of overall sentiment of trading Corsair Gaming stock suggests that many investors are alarmed at this time. Corsair Gaming's investing sentiment overview a quick insight into current market opportunities from investing in Corsair Gaming. Many technical investors use Corsair Gaming stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Corsair |
Corsair Gaming reports Q3 2024 financial results. Non-GAAP EPS misses by 0.35, revenue beats by 1.69M, shares down 14.33.
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Corsair Gaming Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Corsair Gaming can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Corsair Gaming Fundamental Analysis
We analyze Corsair Gaming's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Corsair Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Corsair Gaming based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Outstanding
Shares Outstanding Comparative Analysis
Corsair Gaming is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Corsair Gaming Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Corsair Gaming stock to make a market-neutral strategy. Peer analysis of Corsair Gaming could also be used in its relative valuation, which is a method of valuing Corsair Gaming by comparing valuation metrics with similar companies.
Peers
Corsair Gaming Related Equities
| AGMH | AGM Group | 1.79 | ||||
| DM | Desktop Metal | 1.17 | ||||
| INVE | Identiv | 2.41 | ||||
| MKFG | Markforged Holding | 9.09 | ||||
| UAVS | Ageagle Aerial | 21.84 | ||||
| QBTS | D Wave | 28.91 | ||||
| RGTI | Rigetti Computing | 30.12 | ||||
| QUBT | Quantum Computing | 41.04 |
Additional Tools for Corsair Stock Analysis
When running Corsair Gaming's price analysis, check to measure Corsair Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corsair Gaming is operating at the current time. Most of Corsair Gaming's value examination focuses on studying past and present price action to predict the probability of Corsair Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corsair Gaming's price. Additionally, you may evaluate how the addition of Corsair Gaming to your portfolios can decrease your overall portfolio volatility.