Turtle Beach (HEAR) Stock Forecast & Price Target

$14.48

-0.02 (-0.14%)

(As of 09/18/2024 ET)

Turtle Beach - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 5 Analyst Ratings

Based on 5 Wall Street analysts who have issued ratings for Turtle Beach in the last 12 months, the stock has a consensus rating of "Buy." Out of the 5 analysts, 5 have given a buy rating for HEAR.

Consensus Price Target

$22.40
54.70% Upside

High Forecast	$26.00
Average Forecast	$22.40
Low Forecast	$17.00

According to the 5 analysts' twelve-month price targets for Turtle Beach, the average price target is $22.40. The highest price target for HEAR is $26.00, while the lowest price target for HEAR is $17.00. The average price target represents a forecasted upside of 54.70% from the current price of $14.48.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Buy	Buy	Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$22.40	$22.40	$23.50	$13.90
Forecasted Upside	54.70% Upside	45.91% Upside	43.84% Upside	32.13% Upside

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HEAR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HEAR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Turtle Beach Stock vs. The Competition

Type	Turtle Beach	Computer and Technology Companies	S&P 500
Consensus Rating Score	3.00	2.64	2.50
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside	54.70% Upside	163.78% Upside	7.94% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/9/2024	Wedbush 3 of 5 stars		Reiterated Rating	Outperform	$19.00	+28.64%
8/9/2024	Roth Mkm 1 of 5 stars		Reiterated Rating	Buy ➝ Buy	$25.00 ➝ $26.00	+65.50%
8/9/2024	Oppenheimer 3 of 5 stars		Upgrade	Market Perform ➝ Outperform	$17.00	+32.61%
3/18/2024	Lake Street Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$14.00 ➝ $26.00	+55.41%
3/15/2024	Maxim Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$18.00 ➝ $24.00	+43.45%
11/28/2022	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Mcgowan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$18.00	+93.55%
11/4/2022	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$14.00 ➝ $7.50	-1.96%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:24 AM ET.

HEAR Forecast - Frequently Asked Questions

What is Turtle Beach's forecast for 2024?: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Turtle Beach is $22.40, with a high forecast of $26.00 and a low forecast of $17.00.
Should I buy or sell Turtle Beach stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Turtle Beach in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HEAR shares.
Does Turtle Beach's stock price have much upside?: According to analysts, Turtle Beach's stock has a predicted upside of 45.91% based on their 12-month stock forecasts.
Has Turtle Beach been upgraded by Wall Street analysts recently?: Over the previous 90 days, Turtle Beach's stock had 1 upgrade by analysts.
What analysts cover Turtle Beach?: Turtle Beach has been rated by research analysts at Oppenheimer, Roth Mkm, and Wedbush in the past 90 days.
Do Wall Street analysts like Turtle Beach more than its competitors?: Analysts like Turtle Beach more than other "computer and technology" companies. The consensus rating for Turtle Beach is Buy while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how HEAR compares to other companies.