TURTLE BEACH CORP (HEAR) Forecast, Price Target & Analyst Ratings

NASDAQ:HEAR • US9004502061

Current stock price

17.47 USD
-0.06 (-0.34%)
At close:
17.47 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for TURTLE BEACH CORP (HEAR).

Forecast Snapshot

Consensus Price Target

Price Target
$23.29
+ 33.31% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
N/A
Period
Q4 / 2024
EPS Estimate
$1.14
Revenue Estimate
155.33M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
86.67%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$23.29
Upside
+ 33.31%
From current price of $17.47 to mean target of $23.29, Based on 12 analyst forecasts
Low
$20.20
Median
$22.95
High
$27.30

Price Target Revisions

1 Month
0.00%
3 Months
6.20%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for HEAR. The average price target is 23.29 USD. This implies a price increase of 33.31% is expected in the next year compared to the current price of 17.47.
The average price target has been revised upward by 6.2% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

HEAR Current Analyst RatingHEAR Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

HEAR Historical Analyst RatingsHEAR Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
86.67%
HEAR was analyzed by 12 analysts. The buy percentage consensus is at 87. So analysts seem to be very confident about HEAR.
In the previous month the buy percentage consensus was at a similar level.
HEAR was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-11-08OppenheimerReiterate Outperform -> Outperform
2024-11-08WedbushMaintains Outperform -> Outperform
2024-10-22StifelMaintains Buy -> Buy
2024-08-09Roth MKMReiterate Buy -> Buy
2024-08-09OppenheimerUpgrade Perform -> Outperform
2024-05-08WedbushReiterate Outperform -> Outperform
2024-05-01WedbushReiterate Outperform -> Outperform
2024-03-18Lake StreetMaintains Buy -> Buy
2024-03-15Maxim GroupMaintains Buy -> Buy
2024-03-14Roth MKMMaintains Buy -> Buy
2024-03-06WedbushReiterate Outperform -> Outperform
2023-08-08WedbushReiterate Outperform -> Outperform
2023-03-14WedbushReiterate Outperform
2022-11-28Roth CapitalInitiate Buy
2022-08-09DA DavidsonDowngrade Buy -> Neutral
2022-08-09OppenheimerDowngrade Outperform -> Perform
2022-08-09WedbushMaintains Outperform
2022-07-06DA DavidsonMaintains Buy
2022-05-17WedbushUpgrade Neutral -> Outperform
2022-03-04StifelMaintains Buy
2022-03-01WedbushDowngrade Outperform -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
N/A
Period
Q4 / 2024
EPS Estimate
$1.14
Revenue Estimate
155.33M
Revenue Q2Q
56.05%
EPS Q2Q
103.16%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-5.46%
EPS (1 Month)
0.00%
EPS (3 Months)
3.28%

Next Earnings Summary

The next earnings revenue estimate has been revised downward by 5.46% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2026

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
HEAR revenue by date.HEAR revenue by date.
366.4M
1.75%		240.2M
-34.44%		258.122M
7.46%		385.17M
49.22%		435.91M
13.17%		465.12M
6.70%
EBITDA
YoY % growth
HEAR ebitda by date.HEAR ebitda by date.
25.71M
-52.78%		-43.78M
-270.28%		-11.604M
73.49%		57.99M
599.74%		68.626M
18.34%		79.713M
16.16%
EBIT
YoY % growth
HEAR ebit by date.HEAR ebit by date.
20.4M
-58.54%		-49.6M
-343.14%		-16.443M
66.85%		26.867M
263.39%		47.43M
76.54%		55.08M
16.13%
Operating Margin
HEAR operating margin by date.HEAR operating margin by date.
5.57%-20.65%-6.37%6.98%10.88%11.84%
EPS
YoY % growth
HEAR eps by date.HEAR eps by date.
1.08
-48.08%		-1.53
-241.67%		-0.17
88.89%		0.93
649.00%		1.59
69.97%		1.95
22.75%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		1.14
103.16%		0.00
101.82%		0.00
98.47%		0.37
132.85%		1.17
2.83%		0.08
6,060.00%		0.11
2,577.78%		0.45
21.70%		1.30
11.29%
Revenue
Q2Q % growth		155.33M
56.05%		72.59M
29.98%		81.728M
6.86%		109.52M
16.06%		169.4M
9.06%		79.407M
9.39%		91.085M
11.45%		112.51M
2.73%		182.12M
7.51%
EBITDA
Q2Q % growth		37.924M
187.35%		7.242M
976.08%		6.936M
235.88%		15.428M
-14.46%		38.174M
0.66%		7.344M
1.41%		8.976M
29.41%		20.604M
33.55%		45.186M
18.37%
EBIT
Q2Q % growth		29.723M
255.58%		2.627M
427.15%		1.913M
170.41%		11.246M
13.22%		31.187M
4.93%		612K
-76.70%		2.244M
17.30%		12.75M
13.37%		35.292M
13.16%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

HEAR Yearly Revenue VS EstimatesHEAR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M 400M
HEAR Yearly EPS VS EstimatesHEAR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 2 -2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
137.84%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
19.06%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
101.14%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

TURTLE BEACH CORP / HEAR Forecast FAQ

Can you provide the average price target for TURTLE BEACH CORP stock?

12 analysts have analysed HEAR and the average price target is 23.29 USD. This implies a price increase of 33.31% is expected in the next year compared to the current price of 17.47.

What are the consensus estimates for HEAR stock next earnings?

The consensus EPS estimate for the next earnings of TURTLE BEACH CORP (HEAR) is 1.14 USD and the consensus revenue estimate is 155.33M USD.

What is the expected long term growth rate for TURTLE BEACH CORP (HEAR)?

The expected long term growth rate for TURTLE BEACH CORP (HEAR) is 19.06%.