Wedbush Has Pessimistic Outlook of Turtle Beach Q2 Earnings

Turtle Beach Corp (NASDAQ:TBCH) – Equities research analysts at Wedbush cut their Q2 2025 earnings per share estimates for shares of Turtle Beach in a research report issued to clients and investors on Tuesday, May 6th. Wedbush analyst M. Pachter now anticipates that the company will post earnings of ($0.40) per share for the quarter, down from their previous forecast of $0.14. Wedbush has a “Neutral” rating and a $9.00 price objective on the stock. The consensus estimate for Turtle Beach’s current full-year earnings is $1.17 per share. Wedbush also issued estimates for Turtle Beach’s Q3 2025 earnings at ($0.04) EPS, Q4 2025 earnings at $0.19 EPS, FY2025 earnings at ($0.25) EPS, Q1 2026 earnings at ($0.31) EPS, Q2 2026 earnings at ($0.12) EPS, Q3 2026 earnings at $0.12 EPS, Q4 2026 earnings at $0.52 EPS, FY2026 earnings at $0.20 EPS, Q1 2027 earnings at ($0.33) EPS and FY2027 earnings at $0.28 EPS.

Turtle Beach (NASDAQ:TBCH) last announced its quarterly earnings data on Thursday, March 13th. The company reported $1.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.11). The company had revenue of $146.08 million during the quarter, compared to analyst estimates of $154.10 million. Turtle Beach had a net margin of 1.41% and a return on equity of 9.18%.

Separately, Craig Hallum began coverage on Turtle Beach in a research report on Monday, March 31st. They set a “buy” rating and a $23.00 target price on the stock.

Turtle Beach Stock Performance

NASDAQ:TBCH opened at $9.29 on Thursday. The business’s 50-day simple moving average is $12.61. The firm has a market cap of $186.89 million, a PE ratio of 32.03, a P/E/G ratio of 0.77 and a beta of 2.04. Turtle Beach has a 1 year low of $8.78 and a 1 year high of $19.50. The company has a current ratio of 1.26, a quick ratio of 0.60 and a debt-to-equity ratio of 0.45.

About Turtle Beach

Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, personal computers, handheld consoles, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, mousepads, and other accessories for the personal computer peripherals market under the brand of ROCCAT, as well as digital USB and analog microphones under the Neat Microphones brand.