Q3 EPS Estimates for Turtle Beach Reduced by Roth Capital

Key Points

• Roth Capital has reduced its Q3 2025 EPS estimate for Turtle Beach from $0.07 to $0.06, amidst adjustments to other future earnings projections for the company.
• Other analysts have varied views on Turtle Beach, with Oppenheimer maintaining an "outperform" rating and a price target of $19.00, while Craig Hallum adjusted their target down to $16.00 with a "buy" rating.
• Recently, hedge funds and institutional investors have increased their stake in Turtle Beach, with 67.01% of the stock now owned by these entities.

Turtle Beach Corporation (NASDAQ:TBCH - Free Report) - Roth Capital decreased their Q3 2025 earnings estimates for shares of Turtle Beach in a report issued on Friday, August 8th. Roth Capital analyst S. Mcgowan now forecasts that the company will earn $0.06 per share for the quarter, down from their prior estimate of $0.07. The consensus estimate for Turtle Beach's current full-year earnings is $1.17 per share. Roth Capital also issued estimates for Turtle Beach's Q4 2025 earnings at $1.06 EPS, FY2025 earnings at $0.96 EPS, Q3 2026 earnings at $0.36 EPS, Q4 2026 earnings at $1.22 EPS, FY2026 earnings at $1.26 EPS and FY2027 earnings at $1.71 EPS.

Other research analysts have also recently issued research reports about the stock. Oppenheimer restated an "outperform" rating and issued a $19.00 target price on shares of Turtle Beach in a report on Friday, August 8th. Craig Hallum lowered their target price on shares of Turtle Beach from $23.00 to $16.00 and set a "buy" rating for the company in a report on Friday, May 9th. Finally, Wedbush reiterated a "neutral" rating and set a $13.50 price target (up previously from $12.00) on shares of Turtle Beach in a research note on Monday, August 4th.

Turtle Beach Price Performance

Shares of Turtle Beach stock traded up $0.08 during trading hours on Monday, hitting $16.02. The company had a trading volume of 123,990 shares, compared to its average volume of 282,987. The company's 50-day moving average price is $13.88. Turtle Beach has a twelve month low of $8.78 and a twelve month high of $19.50. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.81 and a current ratio of 1.83. The firm has a market cap of $317.36 million, a P/E ratio of 17.04, a P/E/G ratio of 0.89 and a beta of 1.96.

Turtle Beach (NASDAQ:TBCH - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported ($0.14) EPS for the quarter, beating analysts' consensus estimates of ($0.27) by $0.13. Turtle Beach had a net margin of 5.53% and a return on equity of 18.23%. The company had revenue of $56.78 million for the quarter, compared to the consensus estimate of $57.23 million.

Hedge Funds Weigh In On Turtle Beach

Large investors have recently made changes to their positions in the stock. North Star Investment Management Corp. purchased a new position in Turtle Beach in the second quarter valued at about $3,153,000. Signaturefd LLC purchased a new position in Turtle Beach during the 2nd quarter valued at about $41,000. CWM LLC purchased a new position in Turtle Beach during the 2nd quarter valued at about $65,000. AlphaQuest LLC purchased a new position in Turtle Beach during the 2nd quarter valued at about $52,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of Turtle Beach during the second quarter worth about $154,000. Hedge funds and other institutional investors own 67.01% of the company's stock.

Turtle Beach Company Profile

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.