Stocks · Technology · Consumer Electronics
Turtle Beach Corporation TBCH
$13.99 +9.38% Close, Oct 2, 2026 · NASDAQ · Market cap $277.7M
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $-0.21, down 122.0% year over year.
- The diluted share count fell 7.2% in a year, mainly through buybacks.
- Revenue over the last four quarters was $297.8M, down 17.5% from a year earlier, accelerating from -21.7% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 4%
- EPS growth (TTM, YoY)Bottom 10%
- FCF growth (TTM, YoY)Top 43%
- Revenue growth, 3-year CAGRTop 41%
- Revenue growth accelerationTop 25%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 43%
- Gross marginBottom 30%
- Operating marginBottom 45%
- Accruals (lower is better)Top 17%
- Net debt / EBITDA (lower is better)Bottom 21%
- Interest coverBottom 38%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 32%
- Free-cash-flow yieldTop 9%
- EBITDA / enterprise valueTop 28%
- Sales / enterprise valueTop 16%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 30%
- 6-month returnTop 38%
- 1-year return vs S&P 500Bottom 39%
- Distance from 52-week highTop 33%
- Trend checklist (0–4)Top 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 13%
- Consecutive EPS beatsBottom 12%
- Share of analysts rating BuyTop 20%
- Upside to consensus price targetBottom 27%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 45%
- Maximum drawdown, 3 yearsTop 30%
- Beta vs S&P 500 (lower is better)Bottom 13%
- Net debt / EBITDA (lower is better)Bottom 21%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -21.7% | -17.5% | ↑ |
| EPS growth (YoY) | -95.3% | -122.0% | ↓ |
| Gross margin | 35.4% | 36.5% | ↑ |
| Operating margin | 7.0% | 3.3% | ↓ |
| FCF margin | 6.9% | 10.8% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -17.5% | -21.7% | ↑ | Bottom 4% |
| EPS growth (TTM, YoY) | -122.0% | -95.3% | ↓ | Bottom 10% |
| Gross margin | 36.5% | 35.4% | ↑ | Bottom 30% |
| Operating margin | 3.3% | 7.0% | ↓ | Bottom 45% |
| Net margin | -1.1% | 5.5% | ↓ | — |
| Free-cash-flow margin | 10.8% | 6.9% | ↑ | — |
| Return on invested capital | 5.9% | — | Top 43% | |
| Revenue growth, 3-year CAGR | 10.0% | — | Top 41% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -17.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 2.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +21.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.88×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 14.24%
- Shareholder yield
- 14.24%
- Share count change, 1 year
- -7.2%
- Share count change, 3-year CAGR
- +3.8%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jun 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- -41.0%
- Average 2-day reaction, last 8
- -1.2%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $15.00
- Target vs current price
- +7.2%
- Analysts with a rating
- 6
- Share rating Buy or Strong Buy
- 83%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | -15.4% | -7.3% | -4.9% | -7.9% | — |
| May 7, 2026 | -81.4% | -2.2% | -13.3% | -1.3% | +1.0% |
| Mar 12, 2026 | -20.5% | -0.6% | -15.6% | -22.9% | -6.9% |
| Nov 6, 2025 | -46.7% | -5.8% | -3.6% | -9.5% | -23.9% |
| Aug 7, 2025 | +48.1% | -0.3% | +10.8% | +6.3% | +14.0% |
| May 8, 2025 | +40.0% | +5.9% | +30.7% | +37.4% | +54.1% |
| Mar 13, 2025 | -10.7% | -0.8% | -1.5% | -16.0% | -8.5% |
| Nov 7, 2024 | +10.3% | +1.8% | -2.1% | +13.5% | +7.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | -$0.36 | -$0.31 | -15.4% | $56.4M |
| May 7, 2026 | -$0.78 | -$0.43 | -81.4% | $42.2M |
| Mar 12, 2026 | $0.89 | $1.12 | -20.5% | $118.8M |
| Nov 6, 2025 | $0.08 | $0.15 | -46.7% | $80.5M |
| Aug 7, 2025 | -$0.14 | -$0.27 | +48.1% | $56.8M |
| May 8, 2025 | -$0.03 | -$0.05 | +40.0% | $63.9M |
| Mar 13, 2025 | $1.00 | $1.12 | -10.7% | $146.1M |
| Nov 7, 2024 | $0.16 | $0.15 | +10.3% | $94.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 24.0× | — | — | — |
| EV / EBITDA | 16.0× | — | — | Top 28% |
| EV / Sales | 1.14× | — | — | Top 16% |
| Free-cash-flow yield | 11.62% | — | — | Top 9% |
| Earnings yield | -1.47% | — | — | Bottom 32% |
P/E over the past five years
Range 12.5× – 297.4× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -10.3%
- Earnings per share growth (TTM)
- -122.0%
- Change in P/E multiple
- +1416.4%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 11
- Days above the 200-day average
- 14
- 50-day average slope (20 days)
- -0.0%
- 200-day average slope (20 days)
- -1.1%
- Distance from 50-day average
- +10.5%
- Distance from 200-day average
- +12.6%
- RSI (14)
- 69.9
- Relative volume
- 4.03×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 58.5%
- Volatility vs own 5-year history
- 64th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 2.41
- Correlation with S&P 500
- 0.67
- Current drawdown from 1-year high
- -18.1%
- Maximum drawdown, 3 years
- -51.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 14, 2021 | Oct 14, 2022 | -83.3% | 338 days | Not yet recovered |
| Feb 12, 2021 | Mar 8, 2021 | -30.9% | 15 days | 60 days (Jun 2, 2021) |
| Nov 4, 2020 | Nov 10, 2020 | -22.2% | 4 days | 23 days (Dec 14, 2020) |
| Dec 22, 2020 | Jan 6, 2021 | -21.6% | 9 days | 13 days (Jan 26, 2021) |
| Oct 9, 2020 | Oct 16, 2020 | -10.6% | 5 days | 13 days (Nov 4, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $277.7M
- EPS, diluted (TTM)
- -$0.21
- Revenue (TTM)
- $297.8M
- 52-week range
- $9.84 – $17.39
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $366.4M | $240.2M | $258.1M | $372.8M | $319.9M |
| Gross profit | $128.4M | $49.2M | $75.5M | $129.0M | $119.3M |
| Operating income | $20.4M | -$51.5M | -$16.4M | $20.0M | $19.5M |
| Net income | $17.7M | -$59.5M | -$17.7M | $16.2M | $15.7M |
| EPS (diluted) | $0.97 | -$3.62 | -$1.03 | $0.78 | $0.77 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $94.4M | $146.1M | $63.9M | $56.8M | $80.5M | $118.8M | $42.2M | $56.4M |
| Net income | $3.4M | $20.1M | -$664,000 | -$2.9M | $1.7M | $17.6M | -$15.2M | -$7.3M |
| EPS (diluted) | $0.16 | $0.95 | -$0.03 | -$0.14 | $0.08 | $0.87 | -$0.78 | -$0.38 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$327,000 | -$41.8M | $27.0M | $5.8M | $35.5M |
| Capital expenditure | -$5.6M | -$3.5M | -$2.2M | -$4.9M | -$1.4M |
| Free cash flow | -$5.9M | -$45.4M | $24.9M | $847,000 | $34.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$5.3M | $653,000 | -$974,000 | -$27.8M | -$17.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $19.6M
- Total assets
- $215.2M
- Total liabilities
- $134.5M
- Total debt
- $80.7M
- Net debt
- $61.1M
- Shareholders’ equity
- $80.7M
As of Jun 30, 2026 (filed Jun 30, 2026).
Short interest
- Shares sold short
- 4,514,446
- Days to cover
- 14.91
- Change vs previous report
- +3.6%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Apr 9, 2018
- 1-for-4
- Mar 22, 2012
- 1-for-5