Turtle Beach Corporation (NASDAQ:TBCH) Receives Average Recommendation of “Hold” from Analysts

Posted by on Jul 11th, 2026

Turtle Beach Corporation (NASDAQ:TBCH – Get Free Report) has received an average recommendation of “Hold” from the seven analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $16.80.

A number of research firms recently commented on TBCH. Weiss Ratings downgraded shares of Turtle Beach from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, May 11th. Craig Hallum restated a “buy” rating and set a $15.00 target price on shares of Turtle Beach in a report on Friday, May 8th. Wedbush decreased their price target on shares of Turtle Beach from $14.00 to $11.00 and set a “neutral” rating on the stock in a research report on Monday, March 16th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $18.00 price target (down from $20.00) on shares of Turtle Beach in a report on Friday, March 13th.

View Our Latest Analysis on TBCH

Insider Activity

In other news, Director Katherine Lee Scherping sold 2,000 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $13.25, for a total transaction of $26,500.00. Following the sale, the director directly owned 22,254 shares of the company’s stock, valued at $294,865.50. The trade was a 8.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Turtle Beach

A number of institutional investors have recently bought and sold shares of TBCH. Pullen Investment Management LLC lifted its stake in Turtle Beach by 94.3% during the fourth quarter. Pullen Investment Management LLC now owns 143,337 shares of the company’s stock valued at $2,011,000 after buying an additional 69,558 shares in the last quarter. Envestnet Asset Management Inc. purchased a new position in shares of Turtle Beach in the second quarter worth approximately $154,000. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Turtle Beach during the fourth quarter valued at approximately $149,000. State of Wyoming acquired a new stake in shares of Turtle Beach during the second quarter valued at approximately $120,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Turtle Beach in the 2nd quarter valued at approximately $99,000. Hedge funds and other institutional investors own 67.01% of the company’s stock.

Turtle Beach Price Performance

TBCH stock traded down $0.11 during trading hours on Friday, hitting $12.84. 87,128 shares of the stock traded hands, compared to its average volume of 283,436. The stock has a 50-day simple moving average of $12.42 and a 200 day simple moving average of $12.30. Turtle Beach has a one year low of $9.84 and a one year high of $17.39. The company has a market cap of $254.87 million, a P/E ratio of 428.00 and a beta of 2.28. The company has a current ratio of 2.46, a quick ratio of 1.12 and a debt-to-equity ratio of 0.40.

Turtle Beach (NASDAQ:TBCH – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($0.78) EPS for the quarter, missing the consensus estimate of ($0.43) by ($0.35). Turtle Beach had a return on equity of 1.31% and a net margin of 0.40%.The business had revenue of $42.17 million during the quarter. Equities analysts forecast that Turtle Beach will post 0.87 earnings per share for the current year.

About Turtle Beach

(Get Free Report)

Turtle Beach Corporation (NASDAQ:TBCH) is a global developer, manufacturer and distributor of gaming audio peripherals, specializing in headsets, microphones and audio accessories for PC, console and mobile platforms. The company’s product lineup spans wired and wireless gaming headsets, mixing stations, sound cards and accessories designed to enhance the immersive experience for casual and professional gamers alike.

Founded in 1975 and headquartered in San Diego, California, Turtle Beach has built a longstanding reputation in audio innovation.

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Analyst Recommendations for Turtle Beach (NASDAQ:TBCH)

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