Turtle Beach (HEAR) Stock Forecast, Price Target & Predictions
HEAR Stock Forecast
Turtle Beach stock forecast is as follows: an average price target of $20.25 (represents a 30.56% upside from HEAR’s last price of $15.51) 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 $20.25 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 30.56% upside from HEAR's last price of $15.51.
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% | 28.95% |
| Aug 09, 2024 | Sean McGowan | Roth Capital | $26.00 | $15.66 | 65.98% | 67.63% |
| Aug 09, 2024 | Andrew Uerkwitz | Oppenheimer | $17.00 | $12.82 | 32.61% | 9.61% |
| Aug 09, 2022 | Mark Argento | Lake Street | $18.00 | $9.36 | 92.31% | 16.05% |
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 28.95% increase from HEAR last price ($15.51).
Turtle Beach Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 3 |
| Avg Price Target | $20.00 | $21.00 | $21.00 |
| Last Closing Price | $15.51 | $15.51 | $15.51 |
| Upside/Downside | 28.95% | 35.40% | 35.40% |
In the current month, the average price target of Turtle Beach stock is $20.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 28.95% increase as opposed to Turtle Beach's last price of $15.51. This month's average price target is down -4.76% compared to last quarter, and down -4.76% 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 | $187.34M | $104.24M | $87.65M | $78.74M | $174.56M | $101.58M | $79.10M | $74.16M | $161.37M | $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 | $187.34M | $104.24M | $87.65M | $78.74M | $174.56M | $101.58M | $79.10M | $74.16M | $161.37M | $91.60M | $70.65M | $52.28M | $119.11M | $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 |
| Low Forecast | $187.34M | $104.24M | $87.65M | $78.74M | $174.56M | $101.58M | $79.10M | $74.16M | $161.37M | $84.83M | $70.65M | $52.28M | $107.70M | $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 |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 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 | $179.59K | $99.92K | $84.02K | $75.48K | $167.34K | $97.38K | $75.83K | $71.09K | $154.69K | $83.80K | $67.73K | $-8.20M | $106.98K | $51.35K | $48.35K | $-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 | $179.59K | $99.92K | $84.02K | $75.48K | $167.34K | $97.38K | $75.83K | $71.09K | $154.69K | $87.81K | $67.73K | $-6.56M | $114.19K | $51.35K | $48.35K | $-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 | $179.59K | $99.92K | $84.02K | $75.48K | $167.34K | $97.38K | $75.83K | $71.09K | $154.69K | $81.32K | $67.73K | $-9.84M | $103.24K | $51.35K | $48.35K | $-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 % | - | - | - | - | - | - | - | - | - | - | - | - | 78.13% | -49.02% | -326.66% | 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 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 | $31.57M | $7.81M | $1.02M | $1.06M | $26.46M | $5.31M | $159.39K | $-159.39K | $25.71M | $3.08M | $-6.38M | $-7.08M | $12.80M | $-5.13M | $-7.16M | $-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 | $31.57M | $7.81M | $1.02M | $1.06M | $26.46M | $5.31M | $159.39K | $-159.39K | $25.71M | $4.79M | $-6.38M | $-5.66M | $15.00M | $-5.13M | $-7.16M | $-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 | $31.57M | $7.81M | $1.02M | $1.06M | $26.46M | $5.31M | $159.39K | $-159.39K | $25.71M | $2.23M | $-6.38M | $-8.49M | $11.00M | $-5.13M | $-7.16M | $-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 % | - | - | - | - | - | - | - | - | - | - | - | - | 0.67% | 0.70% | 2.22% | 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 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 | $49.32M | $27.44M | $23.07M | $20.73M | $45.95M | $26.74M | $20.82M | $19.52M | $42.48M | $23.01M | $18.60M | $18.65M | $29.38M | $14.10M | $13.28M | $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 | $49.32M | $27.44M | $23.07M | $20.73M | $45.95M | $26.74M | $20.82M | $19.52M | $42.48M | $24.11M | $18.60M | $22.38M | $31.36M | $14.10M | $13.28M | $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 | $49.32M | $27.44M | $23.07M | $20.73M | $45.95M | $26.74M | $20.82M | $19.52M | $42.48M | $22.33M | $18.60M | $14.92M | $28.35M | $14.10M | $13.28M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 0.65% | 1.12% | 1.77% | 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 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 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 | $1.49 | $0.37 | $0.05 | $0.05 | $1.25 | $0.25 | $0.01 | $-0.01 | $1.21 | $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 | $1.49 | $0.37 | $0.05 | $0.05 | $1.25 | $0.25 | $0.01 | $-0.01 | $1.21 | $0.23 | $-0.30 | $-0.22 | $0.71 | $-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 |
| Low Forecast | $1.49 | $0.37 | $0.05 | $0.05 | $1.25 | $0.25 | $0.01 | $-0.01 | $1.21 | $0.10 | $-0.30 | $-0.22 | $0.52 | $-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 |
| 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 $-0.22 and a high estimate of $-0.22. This represents a -147.23% decrease compared to HEAR previous annual EPS of $0.47 (Dec 23).
Turtle Beach Peer Comparison by Price Target
HEAR Forecast FAQ
Is Turtle Beach a good buy?
Yes, according to 2 Wall Street analysts, Turtle Beach (HEAR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of HEAR's total ratings.
What is HEAR's price target?
Turtle Beach (HEAR) average price target is $20.25 with a range of $17 to $26, implying a 30.56% from its last price of $15.51. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Turtle Beach stock go up soon?
According to Wall Street analysts' prediction for HEAR stock, the company can go up by 30.56% (from the last price of $15.51 to the average price target of $20.25), up by 67.63% based on the highest stock price target, and up by 9.61% based on the lowest stock price target.
Can Turtle Beach stock reach $20?
HEAR's average twelve months analyst stock price target of $20.25 supports the claim that Turtle Beach can reach $20 in the near future.
What is Turtle Beach's current price target trend?
1 Wall Street analyst forecast a $20 price target for Turtle Beach (HEAR) this month, up 28.95% from its last price of $15.51. Compared to the last 3 and 12 months, the average price target increased by 35.40% and increased by 35.40%, respectively.
What are Turtle Beach's analysts' financial forecasts?
Turtle Beach's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $429.4M (high $429.4M, low $429.4M), average EBITDA is $411.64K (high $411.64K, low $411.64K), average net income is $31.77M (high $31.77M, low $31.77M), average SG&A $113.04M (high $113.04M, low $113.04M), and average EPS is $1.5 (high $1.5, low $1.5). HEAR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $457.97M (high $457.97M, low $457.97M), average EBITDA is $439.02K (high $439.02K, low $439.02K), average net income is $41.44M (high $41.44M, low $41.44M), average SG&A $120.56M (high $120.56M, low $120.56M), and average EPS is $1.95 (high $1.95, low $1.95).
Did the HEAR's actual financial results beat the analysts' financial forecasts?
Based on Turtle Beach's last annual report (Dec 2023), the company's revenue was $258.12M, which missed the average analysts forecast of $261.65M by -1.35%. Apple's EBITDA was $-16.443M, beating the average prediction of $-8.561M by 92.06%. The company's net income was $-17.679M, beating the average estimation of $-7.053M by 150.65%. Apple's SG&A was $74.81M, missing the average forecast of $76.7M by -2.47%. Lastly, the company's EPS was $-1.03, beating the average prediction of $-0.384 by 168.33%. In terms of the last quarterly report (Dec 2023), Turtle Beach's revenue was $99.54M, missing the average analysts' forecast of $111.6M by -10.81%. The company's EBITDA was $8.36M, beating the average prediction of $106.98K by 7713.32%. Turtle Beach's net income was $8.55M, missing the average estimation of $12.8M by -33.21%. The company's SG&A was $18.98M, missing the average forecast of $29.38M by -35.40%. Lastly, the company's EPS was $0.47, missing the average prediction of $0.603 by -21.99%