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CRSR
Updated 2026-05-12
Alpha and Omega Semiconductor Limited (AOSL) vs Corsair Gaming, Inc. (CRSR): Stock Comparison 2026
Quick verdict: AOSL vs CRSR in 2026
When comparing AOSL vs CRSR stock in 2026, Corsair Gaming (CRSR) demonstrates a clear fundamental edge across most operational and growth metrics. CRSR leads as the growth and margin leader, showcasing stronger revenue momentum and superior profitability. Alpha and Omega Semiconductor (AOSL), however, is the analyst favourite, benefiting from a “Buy” consensus and a notable price target upside. Not investment advice.
Best for Value: CRSR (high P/E, but better P/B and DCF divergence)
Best for Income: Neither
AOSL vs CRSR: key metrics side by side
Full side-by-side comparison of AOSL and CRSR across valuation, profitability, growth and analyst sentiment. Data updated 2026-05-12.
| Metric | AOSL | CRSR |
|---|---|---|
| Revenue (TTM) | $696,162,000 | $1.47B |
| Revenue growth YoY | 5.9% | 11.9% CRSR wins |
| Gross margin | 22.41% | 30.16% CRSR wins |
| Net margin | -15.51% | 0.37% CRSR wins |
| EBITDA margin | 2.81% | 4.91% CRSR wins |
| ROE | N/A% | N/A% |
| FCF yield | -5.25% | 5.34% CRSR wins |
| P/E ratio | -10.86x AOSL wins | 155.68x |
| P/B ratio | 1.44x | 1.31x CRSR wins |
| Debt / equity | 0.04x | 0.01x CRSR wins |
| Dividend yield | 0% | 0% |
| Buy rating % | 45.5% AOSL wins | 40.0% |
| Analyst consensus | Buy | Hold |
| Price target upside | +11.3% AOSL wins | -2.0% |
| DCF upside | -82.1% | -37.9% CRSR wins |
| FMP rating | C+ | B |
AOSL vs CRSR valuation comparison
Delving into AOSL vs CRSR valuation, the picture is complex. Alpha and Omega Semiconductor (AOSL) currently reports a P/E ratio of -10.86x, which indicates that the company is operating at a loss, making traditional P/E comparisons difficult. Corsair Gaming (CRSR), on the other hand, commands a significantly higher P/E of 155.68x, suggesting that investors have high expectations for its future earnings growth, or that the stock might be significantly overvalued relative to its current profitability.
When considering other valuation multiples, CRSR appears more appealing. Corsair’s Price-to-Book (P/B) ratio stands at 1.31x, which is marginally lower than AOSL’s 1.44x. Furthermore, Discounted Cash Flow (DCF) models suggest both stocks are currently trading above their intrinsic values, with AOSL showing a substantial -82.1% deviation from its DCF estimate of $6.91, while CRSR’s current price is -37.9% divergent from its $4.91 DCF estimate. This implies that while both may be considered overvalued by DCF analysis, CRSR’s current price is less stretched relative to its estimated intrinsic value.
AOSL vs CRSR growth comparison
In the AOSL vs CRSR growth comparison, Corsair Gaming (CRSR) clearly exhibits stronger momentum. CRSR posted a year-over-year revenue growth of +11.9%, significantly outpacing Alpha and Omega Semiconductor’s (AOSL) +5.9% revenue growth. This indicates that Corsair Gaming is expanding its top line at a much faster rate, reflecting robust demand for its products and effective market penetration within the gaming hardware and peripherals sector.
Beyond top-line growth, CRSR also demonstrates superior operational efficiency, which supports its growth trajectory. Corsair’s gross margin is 30.16%, considerably higher than AOSL’s 22.41%. Similarly, CRSR’s EBITDA margin of 4.91% is healthier than AOSL’s 2.81%. These stronger margins suggest that CRSR is not only growing faster but also managing its costs more effectively as it scales. While specific forward estimates for both companies would provide more insight, CRSR’s current growth and margin profile position it as having stronger momentum in the market.
AOSL vs CRSR profitability
Examining AOSL vs CRSR profitability reveals a significant disparity between the two companies. Corsair Gaming (CRSR) demonstrates a positive net margin of 0.37%, indicating that it is profitable on its bottom line. In stark contrast, Alpha and Omega Semiconductor (AOSL) currently reports a negative net margin of -15.51%, reflecting substantial losses. This difference is critical for investors seeking financially healthy companies that can consistently generate earnings.
Looking further into operational profitability and cash generation, CRSR again holds the advantage. Corsair’s EBITDA margin of 4.91% is notably higher than AOSL’s 2.81%, showing better operational efficiency before accounting for interest, taxes, depreciation, and amortization. While both companies have N/A% for Return on Equity (ROE), CRSR’s Free Cash Flow (FCF) yield stands at a healthy 5.34%, meaning it generates ample cash from its operations. AOSL, on the other hand, has a negative FCF yield of -5.25%, indicating that it is burning cash. Therefore, CRSR clearly generates more cash and is the more profitable entity between the two.
Analyst ratings: AOSL vs CRSR
When considering the analyst ratings for AOSL vs CRSR, Alpha and Omega Semiconductor (AOSL) appears to be the more favored stock by the analyst community. Out of 11 analysts covering AOSL, 45.5% have issued a “Buy” rating, culminating in a strong “Buy” consensus. Analysts have set a price target of $43 for AOSL, representing an attractive +11.3% upside from its current price of $38.62. This suggests a belief in AOSL’s future recovery or growth potential despite its current losses.
For Corsair Gaming (CRSR), the analyst sentiment is more cautious. Among the 10 analysts covering CRSR, 40.0% recommend a “Buy,” leading to an overall “Hold” consensus. The average price target for CRSR is $7.75, which actually implies a -2.0% downside from its current price of $7.91. This indicates that while some analysts see potential, the broader consensus suggests that CRSR might be fairly valued or even slightly overvalued at its current level. Therefore, analysts clearly prefer AOSL, forecasting higher upside potential for the semiconductor company.
Should I buy AOSL or CRSR stock in 2026?
Deciding whether should I buy AOSL or CRSR stock in 2026 largely depends on an investor’s risk tolerance and investment objectives. For growth investors seeking companies with accelerating revenue and strong operational execution, Corsair Gaming (CRSR) presents a more compelling case. With a revenue growth of +11.9% compared to AOSL’s +5.9%, and superior gross, net, and EBITDA margins, CRSR demonstrates healthier business momentum and the ability to convert sales into profits more effectively. Its positive Free Cash Flow yield further solidifies its position as a company capable of self-funding its growth.
For value investors, the AOSL vs CRSR fundamentals and valuation offer a more nuanced choice. AOSL’s negative P/E of -10.86x indicates ongoing losses, making it a speculative value play betting on a turnaround. While CRSR has a very high P/E of 155.68x, suggesting rich valuation, its lower Price-to-Book ratio of 1.31x and less severe DCF overvaluation (-37.9% vs -82.1%) might make it a more stable “value” proposition if its growth can justify its multiple. Investors must weigh CRSR’s proven profitability and cash generation against its high earnings multiple, versus AOSL’s current unprofitability and analyst-driven upside potential.
Regarding income, neither AOSL nor CRSR are suitable for investors prioritizing dividend income, as both companies have a 0% dividend yield. Therefore, income-focused investors would need to look elsewhere. Overall, CRSR appears to be the fundamentally stronger choice for those seeking growth and profitability, while AOSL carries higher risk but potentially higher reward if it can successfully navigate its current challenges and fulfill analyst expectations. This is not investment advice.
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FAQ: AOSL vs CRSR
Is AOSL or CRSR a better stock in 2026?
Based on current fundamentals, CRSR appears stronger across growth and profitability metrics, with a positive net margin of 0.37% compared to AOSL’s -15.51%. AOSL’s P/E of -10.86x signals losses, while CRSR has a high P/E of 155.68x. However, AOSL has higher analyst buy ratings (45.5% vs 40.0%) and target upside (+11.3% vs -2.0%). Not investment advice.
Which has more analyst upside — AOSL or CRSR?
AOSL has more analyst upside, with a consensus target of $43, representing a +11.3% increase from its current price. CRSR’s consensus target is $7.75, indicating a -2.0% downside. As of 2026-05-12. Not a prediction by Alert Invest.
Which is growing faster — AOSL or CRSR?
CRSR is growing faster, with a year-over-year revenue growth of 11.9% compared to AOSL’s 5.9%. CRSR demonstrates stronger revenue momentum.
Which is more profitable — AOSL or CRSR?
CRSR is more profitable. It boasts a net margin of 0.37% and an EBITDA margin of 4.91%, along with a positive FCF yield of 5.34%. AOSL, in contrast, reports a net margin of -15.51% and a negative FCF yield of -5.25%.
Do AOSL or CRSR pay dividends?
Neither AOSL nor CRSR currently pay dividends, with both having a 0% dividend yield.
For informational purposes only. Not investment advice. Data: Financial Modeling Prep & SEC EDGAR. Always do your own research.
