Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Turtle Beach Corp. (TBCH)
NASDAQInformation TechnologyConsumer ElectronicsSnapshot 2026-11-04
$16.96+7.21%
Close 2026-11-04 · 1-day change
NASDAQInformation TechnologyConsumer ElectronicsSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
1.08 → 1.08 EPS · FY ending Dec 31, 2027 · 3 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 3 to 3; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for TBCH yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Adjusted EBITDA between $44 million and $48 million in 2026 | The company targets adjusted EBITDA near $46 million. | Intact | Adjusted EBITDA falls below $44 million in FY26 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 5, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a loss-making, higher-risk business rather than an established earnings compounder. The long-term thesis is in a watch state, with management progress on adjusted EBITDA but mixed revenue evidence and a recent CFO transition.
The valuation evidence is mixed and low confidence: TBCH is described as cheap versus peers, while the expectations gap is negative. The priced-in tag is justified and fragility is low, but that does not remove the risk from recent earnings misses or weak financial performance versus its industry cohort.
Near term, management has reaffirmed 2026 revenue and adjusted EBITDA guidance, and adjusted EBITDA improved from a loss in 2025-Q2 to a profit in 2026-Q2. Revenue declined slightly year over year in 2026-Q2, and a run of earnings misses raises the risk of another miss; the interim CFO transition adds uncertainty, though management says operations remain on track.
The multi-year view depends on whether the expected second-half revenue rebound arrives and whether adjusted EBITDA progress continues. A guidance cut on the next call would be a meaningful negative; Fed rate cuts or stabilization among tech bellwethers could support the sector backdrop, but neither is assured.
Over the next 1 to 3 years, the thesis rests on converting reaffirmed guidance and EBITDA improvement into steadier revenue and execution, while managing elevated near-term miss risk. The evidence is mixed and model confidence is low. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| The CFO transition is managed carefully. |
| Under Pressure |
| No permanent CFO appointed by end of 2026 |
No permanent CFO appointed vs target by end-2026 CFO resigned May 2026; no permanent successor named. Q2 2026 revenue missed guidance. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Full-year 2026 revenue between $335 million and $355 million | A primary condition in Turtle Beach Corp.'s published investment case. The stated target is >= $335 million and <= $355 million. | Intact | Annual revenue falls below $335 million in FY26 | Revenue: $56.365M FY2026-Q2; GAAP. Published target: >= $335 million and <= $355 million. Annual target cannot be compared with a quarterly or TTM observation. Aug 6, 202656,365,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 2 supplied quarters. Management reported: “Net revenues are expected to be between $335 million and $355 million, representing 5% to 11% year-over-year growth.” “Adjusted EBITDA is expected to be between $44 million and $48 million, representing 10% to 20% year-over-year growth.” Delivery assessment Nov 4, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$1.14 → $1.08 · observed estimates
$0.38B → $0.38B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $1.14 | $377,820,000 | 3 / 5 |
| 2026-07-25 | $1.14 | $377,820,000 | 3 / 5 |
| 2026-07-26 | $1.14 | $377,820,000 | 3 / 5 |
| 2026-07-27 | $1.14 | $377,820,000 | 3 / 5 |
| 2026-07-28 | $1.14 | $377,820,000 | 3 / 5 |
| 2026-07-29 | $1.22 | $377,820,000 | 3 / 4 |
| 2026-07-30 | $1.14 | $377,820,000 | 3 / 5 |
| 2026-07-31 | $1.22 | $377,820,000 | 3 / 4 |
| 2026-08-01 | $1.22 | $377,820,000 | 3 / 4 |
| 2026-08-02 | $1.14 | $377,820,000 | 3 / 5 |
| 2026-08-03 | $1.22 | $377,820,000 | 3 / 4 |
| 2026-08-04 | $1.14 | $377,820,000 | 3 / 5 |
| 2026-08-05 | $1.14 | $377,820,000 | 3 / 5 |
| 2026-08-06 | $1.22 | $377,820,000 | 3 / 4 |
| 2026-08-08 | $1.14 | $377,820,000 | 3 / 5 |
| 2026-08-09 | $1.14 | $377,820,000 | 3 / 5 |
| 2026-08-10 | $1.22 | $377,820,000 | 3 / 4 |
| 2026-08-12 | $1.00 | $377,760,000 | 3 / 5 |
| 2026-08-13 | $1.00 | $377,760,000 | 3 / 5 |
| 2026-08-14 | $1.22 | $377,820,000 | 3 / 4 |
| 2026-08-15 | $1.22 | $377,820,000 | 3 / 4 |
| 2026-08-16 | $1.22 | $377,820,000 | 3 / 4 |
| 2026-08-17 | $1.22 | $377,820,000 | 3 / 4 |
| 2026-08-18 | $1.22 | $377,820,000 | 3 / 4 |
| 2026-08-19 | $1.22 | $377,820,000 | 3 / 4 |
| 2026-08-20 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-08-21 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-08-22 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-08-23 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-08-24 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-08-25 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-08-26 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-08-27 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-08-28 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-08-29 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-08-30 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-08-31 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-01 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-02 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-03 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-04 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-05 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-06 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-07 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-08 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-09 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-10 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-11 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-12 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-13 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-14 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-15 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-16 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-17 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-18 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-19 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-20 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-21 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-22 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-23 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-24 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-25 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-26 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-27 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-28 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-29 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-09-30 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-01 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-02 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-03 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-04 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-05 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-06 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-07 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-08 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-09 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-10 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-11 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-12 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-13 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-14 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-15 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-16 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-17 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-18 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-19 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-20 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-21 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-22 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-23 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-24 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-25 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-26 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-27 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-28 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-29 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-30 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-10-31 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-11-01 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-11-02 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-11-03 | $1.08 | $377,760,000 | 3 / 4 |
| 2026-11-04 | $1.08 | $377,760,000 | 3 / 4 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 4 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
0 raises · 0 cuts · 0 unchanged · 1 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.