Brokerages Set Turtle Beach Corporation (NASDAQ:TBCH) Price Target at $16.80

Posted by Francis Steltz on Aug 5th, 2026

Shares of Turtle Beach Corporation (NASDAQ:TBCH – Get Free Report) have been given a consensus rating of “Hold” by the seven brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $16.80.

TBCH has been the subject of several research analyst reports. Weiss Ratings cut shares of Turtle Beach from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, May 11th. Craig Hallum reiterated a “buy” rating and issued a $15.00 price target on shares of Turtle Beach in a research note on Friday, May 8th.

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Turtle Beach Trading Up 8.7%

TBCH stock opened at $13.93 on Wednesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.46 and a quick ratio of 1.12. Turtle Beach has a 1-year low of $9.84 and a 1-year high of $17.39. The business has a 50 day simple moving average of $12.77 and a two-hundred day simple moving average of $12.16. The company has a market capitalization of $276.51 million, a price-to-earnings ratio of 464.33 and a beta of 2.29.

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

Insider Buying and Selling at Turtle Beach

In other news, Director Katherine Lee Scherping sold 6,845 shares of Turtle Beach stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $13.10, for a total value of $89,669.50. Following the sale, the director directly owned 24,254 shares of the company’s stock, valued at approximately $317,727.40. The trade was a 22.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Turtle Beach

Hedge funds have recently made changes to their positions in the company. Pullen Investment Management LLC boosted its position in shares of Turtle Beach by 94.3% during the 4th quarter. Pullen Investment Management LLC now owns 143,337 shares of the company’s stock valued at $2,011,000 after acquiring an additional 69,558 shares during the last quarter. Envestnet Asset Management Inc. purchased a new stake in Turtle Beach during the second quarter valued at $154,000. Susquehanna Fundamental Investments LLC bought a new position in Turtle Beach during the fourth quarter valued at $149,000. State of Wyoming bought a new position in Turtle Beach during the second quarter valued at $120,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of Turtle Beach in the 2nd quarter worth $99,000. 67.01% of the stock is currently owned by hedge funds and other institutional investors.

About Turtle Beach

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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.