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When Corsair Gaming (#CRSR) reported their first and only quarter earnings report in November of last year, it was a surprise upside for many analysts. The company beat EPS by $0.28 and reported revenue of $457.1M (+60.7% Y/Y), which was a revenue beat by $59.9M.
Corsair went public in September of 2020 and their stock is up 154% since the IPO. But does the stock still have more upside? The video game industry is expected to grow 12.7% compounded annually through 2027, which could benefit Corsair stock. After a holiday season of gaming gifts and the stock trading sideways, is now the time to buy #Corsair stock?