Turtle Beach Corporation (HEAR)
NASDAQ: HEAR · Real-Time Price · USD
15.96
-0.20 (-1.24%)
Dec 20, 2024, 4:00 PM EST - Market closed
Turtle Beach Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Turtle Beach stock have an average target of 22.67, with a low estimate of 20 and a high estimate of 26. The average target predicts an increase of 42.04% from the current stock price of 15.96.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 8, 2024.
Analyst Ratings
The average analyst rating for Turtle Beach stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Reiterates $17 → $20 | Buy | Reiterates | $17 → $20 | +25.31% | Nov 8, 2024 |
| Wedbush | Wedbush | Buy Maintains $19 → $20 | Buy | Maintains | $19 → $20 | +25.31% | Nov 8, 2024 |
| Stifel | Stifel | Strong Buy Maintains $17 → $20 | Strong Buy | Maintains | $17 → $20 | +25.31% | Oct 22, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $25 → $26 | Strong Buy | Reiterates | $25 → $26 | +62.91% | Aug 9, 2024 |
| Oppenheimer | Oppenheimer | Hold → Buy Upgrades $17 | Hold → Buy | Upgrades | $17 | +6.52% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
385.17M
from 258.12M
Increased by 49.22%
Revenue Next Year
435.91M
from 385.17M
Increased by 13.17%
EPS This Year
0.93
from -1.03
EPS Next Year
1.59
from 0.93
Increased by 69.97%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 399.0M | 462.0M | 489.9M |
| Avg | 385.2M | 435.9M | 465.1M |
| Low | 367.5M | 406.8M | 436.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 54.6% | 19.9% | 12.4% |
| Avg | 49.2% | 13.2% | 6.7% |
| Low | 42.4% | 5.6% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.01 | 1.82 | 2.10 |
| Avg | 0.93 | 1.59 | 1.95 |
| Low | 0.85 | 1.27 | 1.78 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 94.6% | 32.3% |
| Avg | - | 70.0% | 22.7% |
| Low | - | 36.5% | 12.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.