Razer Inc. is an American global gaming hardware manufacturing company with headquarters in Irvine, California. The company was founded in 1998 by a team of entrepreneurs who wanted to make high-performance gaming equipment. Today, Razer is one of the world’s leading manufacturers of gaming peripherals and laptops.
In October 2017, Razer announced that it was going public and would list its shares on the Hong Kong Stock Exchange. The IPO raised $539 million, valuating the company at $3 billion. Razer’s products are designed for professional gamers, but they have also become popular with casual and non-gamers. Razer’s gaming laptops are some of the most powerful on the market and are used by many professional eSports teams. Razer also manufactures a line of gaming accessories, including keyboards, mice, headsets, and controllers. Razer’s Blade laptops are widely considered to be the best gaming laptops in the world.
Why Is Razer Stock so Cheap?
Razer stock is cheap because the company is not profitable. In 2017, Razer had an operating loss of $116 million. The company has been investing heavily in research and development, and it has not been able to generate enough revenue to offset its costs. Many analysts believe that Razer will eventually become profitable, but it could take several years. For now, investors are willing to pay for Razer’s growth potential, which is why the stock is not as cheap as it could be.
What Is Razer and What Does it Do?
Razer is a global gaming hardware manufacturing company with headquarters in Irvine, California. The company was founded in 1998 by a team of entrepreneurs who wanted to make high-performance gaming equipment. Today, Razer is one of the world’s leading manufacturers of gaming peripherals and laptops.
Razer’s products are designed for professional gamers, but they have also become popular with casual and non-gamers. Razer’s gaming laptops are some of the most powerful on the market and are used by many professional eSports teams. Razer also manufactures a line of gaming accessories, including keyboards, mice, headsets, and controllers. Razer’s Blade laptops are widely considered to be the best gaming laptops in the world.
What Is Razer’s Market Share?
Razer has a market share of 2.5% in the global gaming hardware market. The company is the fifth largest gaming hardware manufacturer in the world. Razer’s products are designed for professional gamers, but they have also become popular with casual and non-gamers.
Razer’s gaming laptops are some of the most powerful on the market and are used by many professional eSports teams. Razer also manufactures a line of gaming accessories, including keyboards, mice, headsets, and controllers. Razer’s Blade laptops are widely considered to be the best gaming laptops in the world.
How Much Does Razer Stock Cost?
Razer stock trades at around $0.50 per share. The company is not profitable, and it has a market capitalization of $2 billion. Razer’s products are designed for professional gamers, but they have also become popular with casual and non-gamers. Razer’s gaming laptops are some of the most powerful on the market and are used by many professional eSports teams. Razer also manufactures a line of gaming accessories, including keyboards, mice, headsets, and controllers. Razer’s Blade laptops are widely considered to be the best gaming laptops in the world.