Zacks Research Upgrades Turtle Beach (NASDAQ:TBCH) to Strong-Buy

Posted by Francis Steltz on Nov 7th, 2026

Turtle Beach (NASDAQ:TBCH – Get Free Report) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday, Zacks reports.

Other equities analysts have also recently issued research reports about the stock. Roth Capital restated a “buy” rating and issued a $18.00 price objective on shares of Turtle Beach in a research note on Thursday, October 15th. Weiss Ratings upgraded Turtle Beach from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, October 19th. B. Riley Financial cut Turtle Beach from a “buy” rating to a “neutral” rating and set a $17.00 target price for the company. in a report on Friday. Finally, Wall Street Zen upgraded Turtle Beach from a “hold” rating to a “buy” rating in a research report on Saturday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Turtle Beach presently has an average rating of “Moderate Buy” and an average target price of $15.80.

Get Our Latest Stock Report on TBCH

Turtle Beach Stock Performance

TBCH traded down $1.46 on Thursday, hitting $15.19. 1,083,342 shares of the stock traded hands, compared to its average volume of 558,456. Turtle Beach has a 52 week low of $9.84 and a 52 week high of $17.10. The firm has a market capitalization of $272.05 million, a PE ratio of -303.80 and a beta of 2.36. The business has a fifty day moving average price of $13.97 and a two-hundred day moving average price of $12.64. The company has a current ratio of 2.38, a quick ratio of 1.30 and a debt-to-equity ratio of 0.95.

Turtle Beach (NASDAQ:TBCH – Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.02). Turtle Beach had a negative return on equity of 2.26% and a negative net margin of 1.07%. The firm had revenue of $84.70 million during the quarter. On average, research analysts predict that Turtle Beach will post 0.69 EPS for the current fiscal year.

Insider Transactions at Turtle Beach

In related news, major shareholder Dc Vga Llc sold 140,000 shares of Turtle Beach stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $12.70, for a total value of $1,778,000.00. Following the completion of the sale, the insider directly owned 1,921,112 shares in the company, valued at $24,398,122.40. This trade represents a 6.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TBCH. Dimensional Fund Advisors LP increased its position in shares of Turtle Beach by 26.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 437,882 shares of the company’s stock valued at $4,440,000 after buying an additional 90,677 shares in the last quarter. Pullen Investment Management LLC raised its stake in Turtle Beach by 20.6% during the 3rd quarter. Pullen Investment Management LLC now owns 193,581 shares of the company’s stock worth $2,472,000 after buying an additional 33,013 shares during the period. Pinnacle Holdings LLC bought a new position in Turtle Beach during the second quarter worth about $798,000. Bank of New York Mellon Corp bought a new position in Turtle Beach during the second quarter worth about $741,000. Finally, Globeflex Capital L P bought a new position in Turtle Beach during the second quarter worth about $596,000. Institutional investors own 67.01% of the company’s stock.

Key Stories Impacting Turtle Beach

Here are the key news stories impacting Turtle Beach this week:

Positive Sentiment: Zacks added TBCH to its Rank #1 (Strong Buy) list. Its report also said third-quarter EPS of $0.26 matched consensus and rose from $0.08 a year earlier. Zacks Strong Buy list
Neutral Sentiment: Turtle Beach reaffirmed FY 2026 revenue guidance of $335 million–$355 million, a range that includes the $343.7 million analyst consensus. Third-quarter results and guidance
Negative Sentiment: B. Riley cut its rating from Buy to Neutral, although it kept its $17 price target. The downgrade may be pressuring shares; the target still implies potential upside from the reported trading level. B. Riley rating change
Negative Sentiment: Third-quarter EPS reports conflict: Zacks cited $0.26, in line with consensus, while MarketBeat reported $0.24 versus a $0.26 estimate. That discrepancy leaves investors with mixed signals on whether results met expectations. MarketBeat earnings report

About Turtle Beach

(Get Free Report)

Turtle Beach Corporation (NASDAQ: TBCH) develops and markets gaming accessories and related consumer technology products. Its portfolio includes gaming headsets, controllers, keyboards, mice, microphones, and other accessories designed for use with consoles, PCs, and mobile devices. The company also offers products for flight simulation and other gaming applications.

The company’s products are sold under the Turtle Beach brand and, following its acquisition of Performance Designed Products, under brands including PDP.