Turtle Beach Corporation Announces Growth in Revenue, Adjusted EBITDA and Gross Margins in First Quarter 2025 Results and $75 Million Share Repurchase Program
Financial Performance: Turtle Beach Corporation reported a net revenue of $63.9 million for Q1 2025, a 14% increase from the previous year, with an improved gross margin of 36.6%. However, the company experienced a net loss of $(0.7) million compared to a net income of $0.2 million in the prior year.
Strategic Initiatives: The company has authorized a new $75 million stock repurchase program and generated $40.5 million in cash flow from operations, the highest since 2019, while adapting its supply chain to reduce reliance on China amid macroeconomic challenges.
Trade with 70% Backtested Accuracy
Analyst Views on TBCH
About TBCH
About the author
Roth Capital Reaffirms Buy Rating for Turtle Beach, Adjusts Price Target to $20
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders, helping them stay informed and make timely decisions in the stock market.
Exclusive Content: The platform provides exclusive stories and insights generated by Benzinga reporters, enhancing the trading experience for its users.
Community Engagement: Over 10,000 serious traders are part of the Benzinga Pro community, indicating a robust network for sharing market intelligence.
Market Success: Traders utilize Benzinga Pro's resources to gain a competitive edge and improve their chances of winning in the markets daily.
Turtle Beach (TBCH) Falls Short of Q3 Earnings and Revenue Projections
Earnings Performance: Turtle Beach (TBCH) reported quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.15, and showing a decline from $0.16 per share a year ago. The company has surpassed consensus EPS estimates twice in the last four quarters.
Revenue Results: The company posted revenues of $80.46 million for the quarter, slightly missing the Zacks Consensus Estimate and down from $94.36 million year-over-year. Turtle Beach has only topped revenue estimates once in the last four quarters.
Stock Outlook: Turtle Beach shares have decreased by 8.3% since the start of the year, contrasting with the S&P 500's 15.6% gain. The stock currently holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.
Industry Context: The Computer - Peripheral Equipment industry ranks in the top 11% of Zacks industries, suggesting a favorable outlook. Investors are advised to monitor earnings estimate revisions, which can significantly influence stock performance.
Synopsys Analyst Starts Coverage with a Bearish Outlook; Check Out the Top 5 Initiations for Thursday
Analyst Ratings Initiations: JP Morgan initiated coverage on Absci Corporation with an Overweight rating, while Cantor Fitzgerald did the same for Context Therapeutics Inc. Both companies saw their shares close at $3.13 and $0.9699, respectively.
Neutral and Buy Ratings: B. Riley Securities initiated coverage on Corsair Gaming with a Neutral rating and a price target of $10, and on Turtle Beach Corporation with a Buy rating and a price target of $21, with shares closing at $8.65 and $15.59, respectively.
Underperform Rating: Exane BNP Paribas initiated coverage on Synopsys, Inc. with an Underperform rating and a price target of $425, while its shares closed at $488.78.
Market Overview: The article provides a snapshot of various companies' stock performances and analyst outlooks, highlighting significant changes in ratings and price targets.
Significant Thursday Options Trading: MSTR, RKT, TBCH
Rocket Companies Inc Options Activity: Rocket Companies Inc (RKT) has seen a significant options volume of 620,577 contracts today, equating to 204.9% of its average daily trading volume, with notable activity in the $24.20 strike call option expiring January 16, 2026.
Turtle Beach Corp Options Activity: Turtle Beach Corp (TBCH) has recorded an options volume of 2,424 contracts today, representing 108.9% of its average daily trading volume, with high activity in the $17.50 strike put option expiring October 17, 2025.
B. Riley Begins Coverage of Turtle Beach with a Buy Rating and $21 Price Target
- Stock Rating: Turtle Beach (TBCH) has an average rating of "buy" from analysts.
- Price Target: The mean price target for Turtle Beach is set at $18.75.
Daily Upgrade Report for Validea's Joel Greenblatt Strategy - August 26, 2025
Earnings Yield Investor Model: Today's upgrades for Validea's Earnings Yield Investor model, based on Joel Greenblatt's strategy, highlight companies with high return on capital and earnings yields.
Turtle Beach Corporation Rating: Turtle Beach Corp (TBCH) received an upgraded rating from 80% to 90%, indicating strong interest due to its fundamentals and stock valuation.
Company Overview: Turtle Beach is an audio and gaming technology company known for its headsets and peripherals across various platforms, including gaming consoles and PCs.
About Joel Greenblatt and Validea: Joel Greenblatt's "Magic Formula" has historically outperformed the market, and Validea provides investment research based on strategies from renowned investors like Greenblatt.
Roth Capital Reaffirms Buy Rating for Turtle Beach, Adjusts Price Target to $20
Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders, helping them stay informed and make timely decisions in the stock market.
Exclusive Content: The platform provides exclusive stories and insights generated by Benzinga reporters, enhancing the trading experience for its users.
Community Engagement: Over 10,000 serious traders are part of the Benzinga Pro community, indicating a robust network for sharing market intelligence.
Market Success: Traders utilize Benzinga Pro's resources to gain a competitive edge and improve their chances of winning in the markets daily.
Turtle Beach (TBCH) Falls Short of Q3 Earnings and Revenue Projections
Earnings Performance: Turtle Beach (TBCH) reported quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.15, and showing a decline from $0.16 per share a year ago. The company has surpassed consensus EPS estimates twice in the last four quarters.
Revenue Results: The company posted revenues of $80.46 million for the quarter, slightly missing the Zacks Consensus Estimate and down from $94.36 million year-over-year. Turtle Beach has only topped revenue estimates once in the last four quarters.
Stock Outlook: Turtle Beach shares have decreased by 8.3% since the start of the year, contrasting with the S&P 500's 15.6% gain. The stock currently holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.
Industry Context: The Computer - Peripheral Equipment industry ranks in the top 11% of Zacks industries, suggesting a favorable outlook. Investors are advised to monitor earnings estimate revisions, which can significantly influence stock performance.
Synopsys Analyst Starts Coverage with a Bearish Outlook; Check Out the Top 5 Initiations for Thursday
Analyst Ratings Initiations: JP Morgan initiated coverage on Absci Corporation with an Overweight rating, while Cantor Fitzgerald did the same for Context Therapeutics Inc. Both companies saw their shares close at $3.13 and $0.9699, respectively.
Neutral and Buy Ratings: B. Riley Securities initiated coverage on Corsair Gaming with a Neutral rating and a price target of $10, and on Turtle Beach Corporation with a Buy rating and a price target of $21, with shares closing at $8.65 and $15.59, respectively.
Underperform Rating: Exane BNP Paribas initiated coverage on Synopsys, Inc. with an Underperform rating and a price target of $425, while its shares closed at $488.78.
Market Overview: The article provides a snapshot of various companies' stock performances and analyst outlooks, highlighting significant changes in ratings and price targets.
Significant Thursday Options Trading: MSTR, RKT, TBCH
Rocket Companies Inc Options Activity: Rocket Companies Inc (RKT) has seen a significant options volume of 620,577 contracts today, equating to 204.9% of its average daily trading volume, with notable activity in the $24.20 strike call option expiring January 16, 2026.
Turtle Beach Corp Options Activity: Turtle Beach Corp (TBCH) has recorded an options volume of 2,424 contracts today, representing 108.9% of its average daily trading volume, with high activity in the $17.50 strike put option expiring October 17, 2025.
B. Riley Begins Coverage of Turtle Beach with a Buy Rating and $21 Price Target
- Stock Rating: Turtle Beach (TBCH) has an average rating of "buy" from analysts.
- Price Target: The mean price target for Turtle Beach is set at $18.75.
Daily Upgrade Report for Validea's Joel Greenblatt Strategy - August 26, 2025
Earnings Yield Investor Model: Today's upgrades for Validea's Earnings Yield Investor model, based on Joel Greenblatt's strategy, highlight companies with high return on capital and earnings yields.
Turtle Beach Corporation Rating: Turtle Beach Corp (TBCH) received an upgraded rating from 80% to 90%, indicating strong interest due to its fundamentals and stock valuation.
Company Overview: Turtle Beach is an audio and gaming technology company known for its headsets and peripherals across various platforms, including gaming consoles and PCs.
About Joel Greenblatt and Validea: Joel Greenblatt's "Magic Formula" has historically outperformed the market, and Validea provides investment research based on strategies from renowned investors like Greenblatt.
