Turtle Beach Corporation (NASDAQ:TBCH) Receives $16.80 Average PT from Brokerages

Posted by George Bondi on Jun 14th, 2026

Turtle Beach Corporation (NASDAQ:TBCH – Get Free Report) has been given a consensus recommendation of “Hold” by the seven research firms that are presently covering the company, MarketBeat reports. One 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 twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $16.80.

Several equities research analysts recently weighed in on the company. 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. B. Riley Financial dropped their target price on Turtle Beach from $21.00 to $20.00 and set a “buy” rating for the company in a report on Tuesday, March 10th. Weiss Ratings cut Turtle Beach from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, May 11th. Oppenheimer restated an “outperform” rating and set a $18.00 target price (down from $20.00) on shares of Turtle Beach in a report on Friday, March 13th. Finally, Wedbush dropped their price objective on Turtle Beach from $14.00 to $11.00 and set a “neutral” rating for the company in a report on Monday, March 16th.

View Our Latest Report on Turtle Beach

Insiders Place Their Bets

In other Turtle Beach news, Director Katherine Lee Scherping sold 2,000 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $13.25, for a total value of $26,500.00. Following the completion of the sale, the director owned 22,254 shares in the company, valued at approximately $294,865.50. This trade represents a 8.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders sold 28,845 shares of company stock valued at $348,558. Company insiders own 3.30% of the company’s stock.

Institutional Investors Weigh In On Turtle Beach

Several institutional investors and hedge funds have recently bought and sold shares of the business. Windward Management LP purchased a new stake in Turtle Beach in the 4th quarter worth approximately $24,073,000. Goldman Sachs Group Inc. lifted its holdings in Turtle Beach by 328.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 596,508 shares of the company’s stock worth $8,369,000 after buying an additional 457,125 shares during the period. Bank of America Corp DE purchased a new stake in Turtle Beach in the 2nd quarter worth approximately $6,930,000. Dimensional Fund Advisors LP lifted its holdings in Turtle Beach by 26.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 437,882 shares of the company’s stock worth $4,440,000 after buying an additional 90,677 shares during the period. Finally, Geode Capital Management LLC purchased a new stake in Turtle Beach in the 2nd quarter worth approximately $5,438,000. Hedge funds and other institutional investors own 67.01% of the company’s stock.

Turtle Beach Trading Down 0.7%

Shares of TBCH stock opened at $13.29 on Tuesday. The stock has a market capitalization of $263.81 million, a PE ratio of 443.00, a P/E/G ratio of 0.95 and a beta of 2.28. Turtle Beach has a 1-year low of $9.84 and a 1-year high of $17.39. The business has a 50-day moving average of $11.69 and a 200 day moving average of $12.50. 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 (NASDAQ:TBCH – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported ($0.78) earnings per share for the quarter, missing the consensus estimate of ($0.43) by ($0.35). The company had revenue of $42.17 million for the quarter. Turtle Beach had a net margin of 0.40% and a return on equity of 1.31%. As a group, sell-side analysts anticipate 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.