Wedbush Issues Optimistic Estimate for Turtle Beach Earnings

Turtle Beach Corp (NASDAQ:TBCH) – Analysts at Wedbush raised their FY2025 earnings per share (EPS) estimates for Turtle Beach in a report issued on Friday, March 14th. Wedbush analyst M. Pachter now expects that the company will post earnings of $1.78 per share for the year, up from their previous 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 (NASDAQ:TBCH) last announced its quarterly earnings data 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). The firm had revenue of $146.08 million for the quarter, compared to analysts’ expectations of $154.10 million. Turtle Beach had a return on equity of 9.18% and a net margin of 1.41%.

Turtle Beach Trading Down 5.1 %

NASDAQ TBCH opened at $13.56 on Monday. 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 has a 12-month low of $12.10 and a 12-month high of $19.50. The company has a market capitalization of $272.27 million, a price-to-earnings ratio of 46.76, a price-to-earnings-growth ratio of 0.77 and a beta of 2.05.

About Turtle Beach

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.