Corsair Gaming's Q4 results exceeded Wall Street expectations as peripherals continued to grow well and component sales started to stabilize. With Nvidia's 50-series GPU launch, the Apple collaboration, and Fanatec, Corsair guides great revenue growth in 2025. Still, thin guided margins remain a concern over the longer term. I estimate Corsair stock to have a fair value of $8.97.
BYD's Q4 results benefit from the diversified business model, operational efficiencies and contributions from Treasure Chest's new land-based facility.
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Gaming Realms PLC (AIM:GMR, OTCQX:PSDMF) had a 'buy' recommendation reiterated by Peel Hunt after it posted an encouraging year-end statement. The company's house broker also restated its target price of 60p, compared to the last closing price 35.3p.
BYD's fourth-quarter top line is likely to have been aided by increased visitation and robust performance of Online as well as Room businesses.
Gaming Realms PLC reported faster revenue and earnings growth in the second half of last year, as well as an encouraging start to trading in 2025. Strong content licensing was the key in 2024, the maker of games for mobile devices announced in a trading update, leading to revenues coming in at around £28.5 million, up 22% on the previous year, while underlying profit (EBITDA) swelled 30% to roughly £13 million.
BofA Securities analyst Omar Dessouky downgraded the shares of Electronic Arts Inc EA from Buy to Neutral and lowered the price forecast from $170 to $130.
Corsair Gaming, Inc. is expected to report Q4 and full-year 2024 earnings on February 7th. Nvidia's new 5000 series GPUs could boost Corsair's high-end gaming market, aiding inventory clearance and improving margins, especially in the high-end PC market. The recent acquisition of Fanatec and partnerships, particularly with “Call of Duty,” may enhance revenue, though skepticism remains about the Apple partnership's impact.
The Corsair Gaming stock price has pulled back in the past few years as the gaming industry went through a substantial slowdown. It initially peaked at $51.3 in 2021 as the sector boomed because of the pandemic and then pulled back to an all-time low of $5.50 in September last year.
BRAG expands its partnership with CZR, transitioning from a content supplier to a key technology partner.
Bragg Gaming has faced multiple headwinds but continues to grow, driven by strategic focus on high-margin proprietary content and expansion into new markets. Founder Matevz's return as CEO and board revamp have strengthened leadership, with significant insider stock purchases signaling confidence in future growth. Despite recent stock volatility, Bragg's investments are paying off with double-digit revenue growth, margin expansion, and new client wins in key markets.