Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Turtle Beach Corp Market Cap
Based on ratings from 6 stock analysts, the Turtle Beach Corp stock price is expected to increase by 23.02% in 12 months. This is calculated by using the average 12-month stock price forecast for Turtle Beach Corp. The lowest target is $20 and the highest is $26. Please note analyst price targets are not guaranteed and could be missed completely.
About 6 Wall Street analysts have assigned HEAR 6 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Turtle Beach Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on HEAR. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of HEAR.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Michael Pachter Wedbush | Outperform | $20 | Maintains | Nov 8, 2024 |
| Andrew Uerkwitz Oppenheimer | Outperform | $20 | Reiterates | Nov 8, 2024 |
| Drew Crum Stifel | Buy | $20 | Maintains | Oct 22, 2024 |
| Sean McGowan Roth MKM | Buy | $26 | Reiterates | Aug 9, 2024 |
| Andrew Uerkwitz Oppenheimer | Outperform | $17 | Upgrade | Aug 9, 2024 |
| Michael Pachter Wedbush | Outperform | $19 | Reiterates | May 8, 2024 |
| Michael Pachter Wedbush | Outperform | $19 | Reiterates | May 1, 2024 |
| Mark Argento Lake Street | Buy | $26 | Maintains | Mar 18, 2024 |
| Jack Vander Aarde Maxim Group | Buy | $24 | Maintains | Mar 15, 2024 |
| Sean McGowan Roth MKM | Buy | $25 | Maintains | Mar 14, 2024 |
| Michael Pachter Wedbush | Outperform | $14 | Reiterates | Mar 6, 2024 |
| Michael Pachter Wedbush | Outperform | $14 | Reiterates | Aug 8, 2023 |
| Michael Pachter Wedbush | Outperform | $10 | Reiterates | Mar 14, 2023 |
| Sean McGowan Roth Capital | Buy | $18 | Initiates | Nov 28, 2022 |
| Andrew Uerkwitz Oppenheimer | Perform | Downgrade | Aug 9, 2022 | |
| Michael Pachter Wedbush | Outperform | $12 | Maintains | Aug 9, 2022 |
| Tom Forte DA Davidson | Neutral | $14 | Downgrade | Aug 9, 2022 |
| Franco Granda DA Davidson | Buy | $25 | Maintains | Jul 6, 2022 |
| Michael Pachter Wedbush | Outperform | $27 | Upgrade | May 17, 2022 |
| Drew Crum Stifel | Buy | $30 | Maintains | Mar 4, 2022 |
When did it IPO
2010
Staff Count
252
Country
United States
Sector/Industry
Technology/Consumer Electronics
CEO
Mr. Cristopher Keirn
Market Cap
$372.7M
In 2023, HEAR generated $258.1M in revenue, which was a increase of 7.48% from the previous year. This can be seen as a signal that HEAR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Turtle Beach Corporation (NASDAQ: HEAR) will host its Q3 2024 earnings call on November 7, 2024, at 5:00 PM ET, featuring CEO Cris Keirn and CFO John Hanson.
Why It Matters - Turtle Beach's upcoming Q3 earnings call may reveal key financial performance metrics and strategic insights, impacting investor sentiment and stock valuation.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - In Q3, net revenue rose 60% to $94.4M, with net income of $3.4M vs. a loss of $3.6M last year. Adjusted EBITDA reached $16.3M. The company raised 2024 EBITDA guidance and repurchased $10.1M in shares.
Why It Matters - Strong revenue growth, profitability turnaround, and rising EBITDA guidance signal robust performance, enhancing shareholder confidence and potential stock value appreciation.
Thu, 07 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Turtle Beach (HEAR) reported Q3 earnings of $0.16 per share, below the Zacks estimate of $0.18, improving from a loss of $0.21 per share in the same quarter last year.
Why It Matters - Turtle Beach's earnings miss signals potential struggles in growth and profitability, which may affect investor confidence and stock performance.
Sun, 27 Oct 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Turtle Beach's acquisition of PDP enhances margins and scale, with positive growth prospects in the gaming accessories sector, despite risks from brand partnerships and integration challenges.
Why It Matters - Turtle Beach's acquisition of PDP enhances margins and scale, positioned for growth in a favorable industry. Elevated risks include brand partnership losses and integration challenges.
Thu, 17 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Turtle Beach (HEAR) shares rose on higher trading volume, but recent earnings estimate revisions indicate potential weakness ahead.
Why It Matters - The spike in Turtle Beach's share price may indicate short-term interest, but weak earnings estimate revisions suggest potential long-term challenges, impacting future investment decisions.
Mon, 14 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Turtle Beach Corporation (Nasdaq: HEAR) is expanding its gaming accessories sales to Canada and Latin America, now available at Best Buy Canada and launching in Mexico, Colombia, and Chile.
Why It Matters - Turtle Beach's expansion into Canada and Latin America indicates growth potential and increased market reach, which may boost sales and enhance investor confidence in the company's future performance.
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