Turtle Beach (HEAR) Stock Forecast, Price Target & Predictions
HEAR Stock Forecast
Turtle Beach stock forecast is as follows: an average price target of $21.00 (represents a 26.81% upside from HEAR’s last price of $16.56) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
HEAR Price Target
The average price target for Turtle Beach (HEAR) is $21.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $26.00 to $17.00. This represents a potential 26.81% upside from HEAR's last price of $16.56.
HEAR Analyst Ratings
According to 2 Wall Street analysts, Turtle Beach's rating consensus is 'Buy'. The analyst rating breakdown for HEAR stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Turtle Beach Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 22, 2024 | Drew Crum | Stifel Nicolaus | $20.00 | $16.68 | 19.94% | 20.77% |
| Aug 09, 2024 | Sean McGowan | Roth Capital | $26.00 | $15.66 | 65.98% | 57.00% |
| Aug 09, 2024 | Andrew Uerkwitz | Oppenheimer | $17.00 | $12.82 | 32.61% | 2.66% |
| Aug 09, 2022 | Mark Argento | Lake Street | $18.00 | $9.36 | 92.31% | 8.70% |
The latest Turtle Beach stock forecast, released on Oct 22, 2024 by Drew Crum from Stifel Nicolaus, set a price target of $20.00, which represents a 19.94% increase from the stock price at the time of the forecast ($16.68), and a 20.77% increase from HEAR last price ($16.56).
Turtle Beach Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $20.00 | $21.00 |
| Last Closing Price | $16.56 | $16.56 | $16.56 |
| Upside/Downside | -100.00% | 20.77% | 26.81% |
In the current month, the average price target of Turtle Beach stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Turtle Beach's last price of $16.56. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 09, 2024 | Oppenheimer | Outperform | Upgrade | |
| May 17, 2022 | Wedbush | Outperform | Upgrade |
Turtle Beach's last stock rating was published by Oppenheimer on Aug 09, 2024. The company Upgrade its HEAR rating from "null" to "Outperform".
Turtle Beach Financial Forecast
Turtle Beach Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $99.54M | $59.16M | $47.98M | $51.44M | $100.90M | $51.30M | $41.30M | $46.66M | $109.43M | $85.31M | $78.56M | $93.05M | $132.91M | $112.49M | $79.68M | $35.01M | $101.76M | $46.72M |
| Avg Forecast | $178.55M | $110.30M | $89.30M | $77.85M | $166.07M | $107.38M | $80.13M | $72.13M | $152.28M | $87.42M | $70.65M | $52.28M | $111.60M | $53.57M | $50.43M | $46.05M | $110.43M | $46.75M | $49.20M | $43.40M | $108.13M | $78.44M | $70.17M | $88.01M | $131.30M | $86.73M | $75.36M | $29.59M | $101.37M | $42.82M |
| High Forecast | $189.15M | $116.85M | $94.60M | $82.47M | $175.93M | $113.75M | $84.88M | $74.77M | $154.98M | $87.42M | $74.84M | $52.28M | $119.11M | $53.57M | $53.43M | $48.78M | $116.99M | $46.75M | $49.20M | $43.40M | $108.13M | $78.44M | $70.17M | $88.01M | $131.30M | $86.73M | $75.36M | $29.59M | $101.37M | $42.82M |
| Low Forecast | $168.89M | $104.33M | $84.47M | $73.64M | $157.09M | $101.57M | $75.79M | $67.34M | $149.82M | $87.42M | $66.83M | $52.28M | $107.70M | $53.57M | $47.70M | $43.56M | $104.46M | $46.75M | $49.20M | $43.40M | $108.13M | $78.44M | $70.17M | $88.01M | $131.30M | $86.73M | $75.36M | $29.59M | $101.37M | $42.82M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 9 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 1.10% | 0.95% | 1.12% | 0.91% | 1.10% | 0.84% | 1.08% | 1.01% | 1.09% | 1.12% | 1.06% | 1.01% | 1.30% | 1.06% | 1.18% | 1.00% | 1.09% |
Turtle Beach's average Quarter revenue forecast for Mar 24 based on 4 analysts is $52.28M, with a low forecast of $52.28M, and a high forecast of $52.28M. HEAR's average Quarter revenue forecast represents a -47.47% decrease compared to the company's last Quarter revenue of $99.54M (Dec 23).
Turtle Beach EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 9 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $8.36M | $-2.52M | $-15.79M | $-6.61M | $-3.90M | $-15.95M | $-20.91M | $-7.50M | $8.87M | $2.30M | $1.94M | $12.74M | $21.89M | $25.96M | $10.89M | $-3.93M | $15.07M | $-1.33M |
| Avg Forecast | $2.29M | $1.42M | $1.15M | $999.22K | $2.13M | $1.38M | $1.03M | $925.74K | $1.95M | $1.12M | $906.80K | $-8.20M | $1.43M | $687.54K | $647.32K | $-8.77M | $-92.75M | $44.82K | $47.16K | $-9.38M | $103.66K | $75.20K | $67.26K | $11.08M | $125.87K | $83.15K | $72.24K | $-5.98M | $97.18K | $41.05K |
| High Forecast | $2.43M | $1.50M | $1.21M | $1.06M | $2.26M | $1.46M | $1.09M | $959.67K | $1.99M | $1.12M | $960.63K | $-6.56M | $1.53M | $687.54K | $685.74K | $-7.01M | $-74.20M | $44.82K | $47.16K | $-7.50M | $103.66K | $75.20K | $67.26K | $13.30M | $125.87K | $83.15K | $72.24K | $-4.79M | $97.18K | $41.05K |
| Low Forecast | $2.17M | $1.34M | $1.08M | $945.16K | $2.02M | $1.30M | $972.78K | $864.34K | $1.92M | $1.12M | $857.75K | $-9.84M | $1.38M | $687.53K | $612.30K | $-10.52M | $-111.30M | $44.82K | $47.16K | $-11.25M | $103.66K | $75.20K | $67.26K | $8.86M | $125.87K | $83.15K | $72.24K | $-7.18M | $97.18K | $41.05K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 5.84% | -3.66% | -24.40% | 0.75% | 0.04% | -355.97% | -443.23% | 0.80% | 85.53% | 30.56% | 28.81% | 1.15% | 173.91% | 312.21% | 150.77% | 0.66% | 155.05% | -32.45% |
4 analysts predict HEAR's average Quarter EBITDA for Mar 24 to be $-8.20M, with a high of $-6.56M and a low of $-9.84M. This is -198.07% lower than Turtle Beach's previous annual EBITDA (Dec 23) of $8.36M.
Turtle Beach Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 9 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $8.55M | $-3.61M | $-15.92M | $-6.71M | $-23.23M | $-12.01M | $-17.83M | $-6.48M | $4.54M | $2.62M | $1.72M | $8.84M | $16.30M | $17.79M | $8.20M | $-3.56M | $20.39M | $-3.12M |
| Avg Forecast | $27.41M | $9.57M | $2.37M | $1.61M | $24.78M | $7.96M | $215.01K | $107.50K | $24.08M | $3.12M | $-6.45M | $-7.08M | $12.95M | $-5.19M | $-7.24M | $-7.57M | $-95.03M | $-10.45M | $-9.88M | $-8.10M | $4.78M | $991.77K | $-1.49M | $7.69M | $16.90M | $5.31M | $7.86M | $-5.38M | $15.43M | $-4.63M |
| High Forecast | $29.53M | $10.31M | $2.55M | $1.74M | $26.69M | $8.57M | $231.60K | $358.35K | $24.51M | $3.36M | $-6.00M | $-5.66M | $15.18M | $-4.83M | $-6.73M | $-6.06M | $-76.02M | $-10.45M | $-9.88M | $-6.48M | $4.78M | $991.77K | $-1.49M | $9.22M | $16.90M | $5.31M | $7.86M | $-4.30M | $15.43M | $-4.63M |
| Low Forecast | $25.49M | $8.89M | $2.20M | $1.50M | $23.04M | $7.40M | $199.89K | $-322.51K | $23.23M | $2.90M | $-6.95M | $-8.49M | $11.13M | $-5.59M | $-7.80M | $-9.08M | $-114.03M | $-10.45M | $-9.88M | $-9.71M | $4.78M | $991.77K | $-1.49M | $6.15M | $16.90M | $5.31M | $7.86M | $-6.45M | $15.43M | $-4.63M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | 0.69% | 2.20% | 0.89% | 0.24% | 1.15% | 1.80% | 0.80% | 0.95% | 2.64% | -1.16% | 1.15% | 0.96% | 3.35% | 1.04% | 0.66% | 1.32% | 0.67% |
Turtle Beach's average Quarter net income forecast for Mar 24 is $-7.08M, with a range of $-8.49M to $-5.66M. HEAR's average Quarter net income forecast represents a -182.75% decrease compared to the company's last Quarter net income of $8.55M (Dec 23).
Turtle Beach SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 9 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $18.98M | $15.83M | $23.48M | $16.53M | $21.91M | $16.56M | $24.12M | $17.06M | $24.77M | $23.26M | $23.85M | $18.58M | $24.06M | $18.66M | $16.27M | $13.37M | $19.79M | $15.36M |
| Avg Forecast | $47.38M | $29.27M | $23.70M | $20.66M | $44.07M | $28.49M | $21.26M | $19.14M | $40.41M | $23.20M | $18.75M | $18.65M | $29.62M | $14.21M | $13.38M | $19.94M | $43.08M | $12.31M | $12.95M | $21.33M | $28.47M | $20.65M | $18.47M | $16.16M | $34.57M | $22.83M | $19.84M | $20.22M | $26.69M | $11.27M |
| High Forecast | $50.19M | $31.01M | $25.10M | $21.89M | $46.69M | $30.19M | $22.52M | $19.84M | $41.13M | $23.20M | $19.86M | $22.38M | $31.61M | $14.21M | $14.18M | $23.93M | $51.69M | $12.31M | $12.95M | $25.60M | $28.47M | $20.65M | $18.47M | $19.39M | $34.57M | $22.83M | $19.84M | $24.27M | $26.69M | $11.27M |
| Low Forecast | $44.82M | $27.69M | $22.42M | $19.54M | $41.69M | $26.95M | $20.11M | $17.87M | $39.76M | $23.20M | $17.73M | $14.92M | $28.58M | $14.21M | $12.66M | $15.95M | $34.46M | $12.31M | $12.95M | $17.06M | $28.47M | $20.65M | $18.47M | $12.93M | $34.57M | $22.83M | $19.84M | $16.18M | $26.69M | $11.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.64% | 1.11% | 1.75% | 0.83% | 0.51% | 1.35% | 1.86% | 0.80% | 0.87% | 1.13% | 1.29% | 1.15% | 0.70% | 0.82% | 0.82% | 0.66% | 0.74% | 1.36% |
Turtle Beach's average Quarter SG&A projection for Mar 24 is $18.65M, based on 4 Wall Street analysts, with a range of $14.92M to $22.38M. The forecast indicates a -1.74% fall compared to HEAR last annual SG&A of $18.98M (Dec 23).
Turtle Beach EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 9 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.47 | $-0.21 | $-0.93 | $-0.40 | $-1.40 | $-0.73 | $-1.08 | $-0.40 | $0.28 | $0.16 | $0.11 | $0.57 | $1.07 | $1.20 | $0.56 | $-0.25 | $1.41 | $-0.22 |
| Avg Forecast | $1.27 | $0.45 | $0.11 | $0.07 | $1.15 | $0.37 | $0.01 | $0.01 | $1.12 | $0.14 | $-0.30 | $-0.22 | $0.60 | $-0.24 | $-0.34 | $-0.41 | $0.21 | $-0.49 | $-0.47 | $-0.52 | $0.23 | $0.05 | $-0.07 | $0.46 | $0.80 | $0.25 | $0.37 | $-0.74 | $0.73 | $-0.22 |
| High Forecast | $1.37 | $0.48 | $0.12 | $0.08 | $1.24 | $0.40 | $0.01 | $0.02 | $1.14 | $0.16 | $-0.28 | $-0.21 | $0.71 | $-0.22 | $-0.31 | $-0.38 | $0.22 | $-0.49 | $-0.47 | $-0.52 | $0.23 | $0.05 | $-0.07 | $0.46 | $0.80 | $0.25 | $0.37 | $-0.74 | $0.73 | $-0.22 |
| Low Forecast | $1.19 | $0.41 | $0.10 | $0.07 | $1.07 | $0.34 | $0.01 | $-0.01 | $1.08 | $0.13 | $-0.32 | $-0.24 | $0.52 | $-0.26 | $-0.36 | $-0.44 | $0.19 | $-0.49 | $-0.47 | $-0.52 | $0.23 | $0.05 | $-0.07 | $0.46 | $0.80 | $0.25 | $0.37 | $-0.74 | $0.73 | $-0.22 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.78% | 0.87% | 2.76% | 0.98% | -6.77% | 1.48% | 2.32% | 0.77% | 1.24% | 3.43% | -1.57% | 1.25% | 1.35% | 4.80% | 1.51% | 0.34% | 1.94% | 1.01% |
According to 4 Wall Street analysts, Turtle Beach's projected average Quarter EPS for Mar 24 is $-0.22, with a low estimate of $-0.24 and a high estimate of $-0.21. This represents a -147.23% decrease compared to HEAR previous annual EPS of $0.47 (Dec 23).
Turtle Beach Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GPRO | GoPro | $1.10 | $5.00 | 354.55% | Buy |
| VOXX | VOXX | $7.30 | $16.00 | 119.18% | |
| UEIC | Universal Electronics | $10.51 | $14.50 | 37.96% | Hold |
| HEAR | Turtle Beach | $16.56 | $21.00 | 26.81% | Buy |
| SONO | Sonos | $14.78 | $14.50 | -1.89% | Buy |
| SONY | Sony Group | $21.11 | $20.40 | -3.36% | Buy |
| VUZI | Vuzix | $4.24 | $3.00 | -29.25% | Buy |