Turtle Beach Corporation (HEAR)
NASDAQ: HEAR · IEX Real-Time Price · USD
15.29
+0.06 (0.39%)
At close: Jul 19, 2024, 4:00 PM
15.32
+0.03 (0.20%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Turtle Beach Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Turtle Beach stock have an average target of 23.5, with a low estimate of 19 and a high estimate of 26. The average target predicts an increase of 53.70% from the current stock price of 15.29.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 8, 2024.
Analyst Ratings
The average analyst rating for Turtle Beach stock from 4 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Reiterates $19 | Buy | Reiterates | $19 | +24.26% | May 8, 2024 |
| Wedbush | Wedbush | Buy Reiterates $19 | Buy | Reiterates | $19 | +24.26% | May 1, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $14 → $26 | Strong Buy | Maintains | $14 → $26 | +70.05% | Mar 18, 2024 |
| Maxim Group | Maxim Group | Strong Buy Maintains $18 → $24 | Strong Buy | Maintains | $18 → $24 | +56.97% | Mar 15, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $17 → $25 | Strong Buy | Maintains | $17 → $25 | +63.51% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
383.42M
from 258.12M
Increased by 48.54%
Revenue Next Year
436.56M
from 383.42M
Increased by 13.86%
EPS This Year
1.04
from -1.03
EPS Next Year
1.44
from 1.04
Increased by 38.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 396.4M | 462.0M | 494.6M |
| Avg | 383.4M | 436.6M | 464.6M |
| Low | 367.5M | 401.8M | 431.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 53.6% | 20.5% | 13.3% |
| Avg | 48.5% | 13.9% | 6.4% |
| Low | 42.4% | 4.8% | -1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.30 | 1.71 | 1.96 |
| Avg | 1.04 | 1.44 | 1.88 |
| Low | 0.74 | 1.04 | 1.78 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 64.0% | 36.1% |
| Avg | - | 38.3% | 30.4% |
| Low | - | -0.4% | 23.6% |
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.