HEAR stock icon

Turtle Beach Corp
HEAR

$15.70
2.21%

Market Cap: 338M

 

About: Turtle Beach Corp specializes in gaming accessories, offering a diverse range including headsets, controllers, keyboards, mice, and simulation hardware. With nearly five decades of expertise, it's a innovator in audio technology, particularly dominant in console gaming headsets. Expanding beyond headsets, Turtle Beach now offers game controllers, flight and racing simulation accessories, and high-quality microphones. Operating globally, its products are available through numerous major retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target, and Walmart, with a significant revenue portion generated during the holiday season. The majority of its revenue stems from North America.

Employees: 252

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 6 analysts
0
News positive %
of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

117% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 12

74% more capital invested

Capital invested by funds: $115M [Q4 2023] → $199M (+$84.7M) [Q1 2024]

26% more call options, than puts

Call options by funds: $21.9M | Put options by funds: $17.3M

13% more funds holding

Funds holding: 112 [Q4 2023] → 126 (+14) [Q1 2024]

5.5% more ownership

Funds ownership: 60.1% [Q4 2023] → 65.6% (+5.5%) [Q1 2024]

5% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 40

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$14
11%
downside
Avg. target
$21
35%
upside
High target
$26
66%
upside

6 analyst ratings

positive
100%
neutral
0%
negative
0%
Wedbush
Michael Pachter
21%upside
$19
Outperform
Reiterated
8 May 2024
Wedbush
Michael Pachter
21%upside
$19
Outperform
Reiterated
1 May 2024
Lake Street
Mark Argento
66%upside
$26
Buy
Maintained
18 Mar 2024
Maxim Group
Jack Vander Aarde
53%upside
$24
Buy
Maintained
15 Mar 2024
Roth MKM
Sean McGowan
59%upside
$25
Buy
Maintained
14 Mar 2024

Financial journalist opinion

Based on 5 articles about HEAR published over the past 30 days