Turtle Beach Price Target Lowered to $20 by B. Riley Financial

Analysts cite concerns about the gaming headset maker's growth prospects

Published on Mar. 10, 2026

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Analysts at B. Riley Financial have lowered their price target for Turtle Beach (NASDAQ: TBCH) from $21 to $20, while maintaining a 'buy' rating on the stock. The firm cited challenges facing the gaming headset maker, including increased competition and potential slowdown in the gaming market.

Why it matters

Turtle Beach is a leading manufacturer of gaming headsets and audio accessories. The lowered price target from a major analyst firm suggests potential headwinds for the company, which could impact its stock performance and future growth prospects.

The details

In a research note, B. Riley Financial analysts said they reduced Turtle Beach's price target from $21 to $20, while keeping a 'buy' rating on the stock. The analysts noted increased competition in the gaming headset market and potential slowdown in the overall gaming industry as factors behind the lower target.

  • The price target was lowered on March 10, 2026.

The players

Turtle Beach

A global developer, manufacturer and distributor of gaming audio peripherals, specializing in headsets, microphones and audio accessories for PC, console and mobile platforms.

B. Riley Financial

A full-service investment bank and financial services company that provides corporate finance, research, sales and trading, and wealth management services.

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What’s next

Investors will be closely watching Turtle Beach's upcoming earnings reports and guidance to see if the company can overcome the challenges cited by the analysts.

The takeaway

The lowered price target from B. Riley Financial highlights the competitive pressures and potential slowdown facing Turtle Beach, underscoring the need for the company to innovate and adapt to maintain its market leadership in the gaming headset space.