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

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

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.

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.