May. 29 at 1:26 AM
$CRSR $DELL $LOGI $HPE
CRSR: 67% upside from 12$. Here is the explanation
Rerating CRSR. What should be fair current stock price of CRSR based on current multiples ( price/sales ratio) of hardware HPE, DELL and LOGI
DELL — 1.8x P/S
HPE — 1.39x P/S
LOGI — 3.73x P/S
CRSR - 0.8x P/S
If we were to rerate CRSR, what should be the trading price of CRSR
• If aligning with pure hardware/server peers (HPE/DELL): A fair rerating would likely land CRSR in the
$19–
$25 range. This reflects Corsair’s more consumer/gaming focus but gives credit for its brand strength and recent AI server pivot
• If treating it more like a premium retail/hardware brand (closer to LOGI): It could justify
$40–
$50+, but this would require sustained execution on growth (especially in AI/creator peripherals and systems) and margin expansion.
• Realistic base case:
$20–
$25 per share (1.4x–1.8x sales) if the market rewards the AI hardware momentum and improved profitability.
