TBCH Stock Forecast & Price Target

Turtle Beach Corp is projected to achieve significant financial growth, with estimations for 2026 indicating revenue of $400 million, reflecting a 14% year-over-year increase, and an adjusted EBITDA of $64 million, which represents a notable 34% rise year-over-year. The improved margins are also noteworthy, with the AEBITDA margin expected to rise by 240 basis points to 15.9%. This promising outlook is further bolstered by favorable market conditions within the console gaming sector, suggesting a solid trajectory for Turtle Beach's continued expansion and profitability.

Turtle Beach Corp faces a challenging financial outlook due to heightened competitive dynamics, which may lead to potential market share loss and adversely affect overall performance. The company's forecast was revised downward, citing disruptions from tariffs and significant macroeconomic headwinds, while also acknowledging delays in key game releases, specifically the postponement of Grand Theft Auto VI to May 2026. The updated projections indicate an expected revenue range of $340 million to $360 million, reflecting a year-over-year decline of approximately 6%, alongside an adjusted AEBITDA margin of 14.3%, which is under pressure from anticipated tariff impacts on gross margin.