Turtle Beach Corporation (HEAR)
NASDAQ: HEAR · Real-Time Price · USD
15.20
-0.33 (-2.12%)
Nov 14, 2024, 2:14 PM EST - Market open

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 49.14% from the current stock price of 15.20.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $20 $22.67 $24 $26
Change +31.58% +49.14% +57.89% +71.05%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333344
Buy 112222
Hold 000000
Sell 000000
Strong Sell 000000
Total 445566

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Oppenheimer
Oppenheimer
Buy
Reiterates
$17$20
Buy Reiterates $17$20 +31.58% Nov 8, 2024
Wedbush
Wedbush
Buy
Maintains
$19$20
Buy Maintains $19$20 +31.58% Nov 8, 2024
Stifel
Stifel
Strong Buy
Maintains
$17$20
Strong Buy Maintains $17$20 +31.58% Oct 22, 2024
Roth MKM
Roth MKM
Strong Buy
Reiterates
$25$26
Strong Buy Reiterates $25$26 +71.05% Aug 9, 2024
Oppenheimer
Oppenheimer
Buy
Upgrades
$17
Buy Upgrades $17 +11.84% Aug 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
387.65M
from 258.12M
Increased by 50.18%
Revenue Next Year
438.78M
from 387.65M
Increased by 13.19%
EPS This Year
1.03
from -1.03
EPS Next Year
1.56
from 1.03
Increased by 51.05%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
234.66M360.09M366.35M240.17M258.12M387.65M438.78M467.07M
Revenue Growth
-18.36%53.45%1.74%-34.44%7.48%50.18%13.19%6.45%
EPS
1.042.370.97-3.62-1.031.031.561.99
EPS Growth
-61.98%127.50%-59.07%---51.05%27.87%
Forward PE
-----14.769.777.64
No. Analysts -----884
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 413.0M 462.6M 499.6M
Avg 387.7M 438.8M 467.1M
Low 367.5M 401.8M 431.2M

Revenue Growth

Revenue Growth 202420252026
High
60.0%
19.3%
13.9%
Avg
50.2%
13.2%
6.4%
Low
42.4%
3.6%
-1.7%

EPS Forecast

EPS 202420252026
High 1.33 1.82 2.06
Avg 1.03 1.56 1.99
Low 0.84 1.16 1.90

EPS Growth

EPS Growth 202420252026
High -
76.4%
32.3%
Avg -
51.0%
27.9%
Low -
12.4%
22.2%
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.