TBCH, US9004502061

Zacks upgrades Turtle Beach stock to Hold after Strong Sell

Published on 10/15/2026 at 13:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zacks moved Turtle Beach stock to Hold on October 6, 2026. Revenue reached USD 56.37 million and guidance was USD 335 million to USD 355 million.

Operational markers and dates

Zacks moved Turtle Beach from Strong Sell to Hold on October 6, 2026.
Second-quarter gross margin reached 38.80 percent after tariff refunds.
Turtle Beach stock was trading at EUR 12.85 at 1:16 p.m. CEST at Lang & Schwarz on October 15, 2026.
The next reporting date is November 5, 2026.

TBCH, US9004502061, Illustration mit AI erstellt.

Turtle Beach Corporation (ISIN US9004502061) was trading at EUR 12.85 at Lang & Schwarz on October 15, 2026 at 1:16 p.m. CEST. MarketBeat reported that Zacks Research upgraded Turtle Beach from Strong Sell to Hold in a note dated October 6, 2026.

Second-quarter margins improved

The rating change follows a mixed second quarter. Revenue reached USD 56.37 million, compared with USD 56.80 million in the prior-year period, while gross margin rose to 38.80 percent from 32.20 percent. The margin increase included USD 4.30 million of tariff refunds, part of USD 8.20 million received during the quarter, according to Futunn.

What does guidance mean for margins?

Management reaffirmed fiscal 2026 revenue guidance of USD 335 million to USD 355 million and adjusted EBITDA guidance of USD 44 million to USD 48 million. The call transcript also said the underlying second-quarter gross margin was 31.20 percent after excluding tariff refunds, leaving the reported 38.80 percent margin dependent partly on a one-time item.

Three dated stock milestones

On August 6, 2026, Turtle Beach reported an adjusted quarterly loss of USD 0.38 per share against a USD 0.30 consensus loss. On October 3, 2026, Wall Street Zen raised its rating from Hold to Buy. On October 6, 2026, Zacks Research raised its rating from Strong Sell to Hold. These events and figures were reported by MarketBeat.

Next reporting date

The next reporting date is November 5, 2026, according to Financhill. For investors, the next update will test whether product launches and better retail inventory trends can convert the margin improvement into sustained earnings progress.

Stock price and operating test

Turtle Beach was trading at EUR 12.85 at Lang & Schwarz on October 15, 2026 at 1:16 p.m. CEST. The key operating test is whether fiscal 2026 revenue can reach the USD 335 million to USD 355 million range while adjusted EBITDA reaches USD 44 million to USD 48 million.

The further course of trading is shown by the continuously updated real-time quote of Turtle Beach stock.