Turtle Beach’s (TBCH) Neutral Rating Reiterated at Wedbush

Wedbush restated their neutral rating on shares of Turtle Beach (NASDAQ:TBCH) in a research report released on Tuesday morning, Marketbeat reports. They currently have a $9.00 target price on the stock, down from their prior target price of $21.00. Wedbush also issued estimates for Turtle Beach’s Q2 2025 earnings at ($0.40) EPS, Q3 2025 earnings at ($0.04) EPS, Q4 2025 earnings at $0.19 EPS, FY2025 earnings at ($0.25) EPS, Q1 2026 earnings at ($0.31) EPS, Q2 2026 earnings at ($0.12) EPS, Q3 2026 earnings at $0.12 EPS, Q4 2026 earnings at $0.52 EPS, FY2026 earnings at $0.20 EPS, Q1 2027 earnings at ($0.33) EPS and FY2027 earnings at $0.28 EPS.

Separately, Craig Hallum started coverage on Turtle Beach in a research report on Monday, March 31st. They set a “buy” rating and a $23.00 target price for the company.

Turtle Beach Price Performance

TBCH opened at $9.84 on Tuesday. Turtle Beach has a fifty-two week low of $8.78 and a fifty-two week high of $19.50. The company has a market capitalization of $197.95 million, a price-to-earnings ratio of 33.93, a P/E/G ratio of 0.77 and a beta of 2.04. The firm’s 50-day moving average price is $12.50. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.26 and a quick ratio of 0.60.

Turtle Beach (NASDAQ:TBCH) last posted its earnings results on Thursday, May 8th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.02. Turtle Beach had a net margin of 1.41% and a return on equity of 9.18%. On average, equities research analysts expect that Turtle Beach will post 1.17 earnings per share for the current year.

About Turtle Beach

Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, personal computers, handheld consoles, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, mousepads, and other accessories for the personal computer peripherals market under the brand of ROCCAT, as well as digital USB and analog microphones under the Neat Microphones brand.