Goldman Sachs initiated coverage on Corsair Gaming with a Sell rating and an $11.00 price target.
The firm cites significant pressure on the global memory market as AI infrastructure competes for DRAM and NAND supply.
Goldman Sachs forecasts a 15% decline in PC shipment volumes for 2026.
Analysts expect these supply constraints to persist through at least 2027.
This shortage directly impacts the Gaming Components & Systems segment, which generates most of Corsair's revenue and profit.
Rising PC build costs may also reduce demand for the company's high-margin peripherals.