Wedbush Issues Optimistic Estimate for Turtle Beach Earnings

Turtle Beach Corp (NASDAQ:TBCH) – Wedbush upped their FY2025 earnings per share (EPS) estimates for shares of Turtle Beach in a research note issued on Friday, March 14th. Wedbush analyst M. Pachter now anticipates that the company will earn $1.78 per share for the year, up from their prior estimate of $1.65. Wedbush has a “Outperform” rating and a $21.00 price target on the stock. The consensus estimate for Turtle Beach’s current full-year earnings is $1.17 per share. Wedbush also issued estimates for Turtle Beach’s Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $1.28 EPS, FY2026 earnings at $2.10 EPS and FY2027 earnings at $2.37 EPS.

Turtle Beach Stock Up 0.7 %

Shares of Turtle Beach stock opened at $13.66 on Monday. Turtle Beach has a 1 year low of $12.10 and a 1 year high of $19.50. The firm has a market cap of $274.28 million, a PE ratio of 47.10, a price-to-earnings-growth ratio of 0.77 and a beta of 2.05. The company has a quick ratio of 0.60, a current ratio of 1.26 and a debt-to-equity ratio of 0.45.

Turtle Beach (NASDAQ:TBCH) last announced its earnings results on Thursday, March 13th. The company reported $1.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.11). Turtle Beach had a net margin of 1.41% and a return on equity of 9.18%. The business had revenue of $146.08 million for the quarter, compared to analysts’ expectations of $154.10 million.

Turtle Beach Company Profile

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.