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Turtle Beach Adopts Stockholder Rights Plan to Prevent Takeovers

Story Highlights
  • Turtle Beach adopted a stockholder rights plan to prevent hostile takeovers.
  • The plan deters acquisitions by allowing discounted share purchases if 10% ownership is reached.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Turtle Beach Adopts Stockholder Rights Plan to Prevent Takeovers

Confident Investing Starts Here:

An update from Turtle Beach ( (TBCH) ) is now available.

On June 9, 2025, Turtle Beach Corporation announced the adoption of a limited duration stockholder rights plan, effective June 23, 2025, to protect against hostile takeovers. The plan allows stockholders to purchase additional shares at a discount if a person or group acquires 10% or more of the company’s stock without board approval, thereby discouraging unsolicited acquisition attempts.

The most recent analyst rating on (TBCH) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on Turtle Beach stock, see the TBCH Stock Forecast page.

Spark’s Take on TBCH Stock

According to Spark, TipRanks’ AI Analyst, TBCH is a Neutral.

Turtle Beach’s stock score reflects its strong financial recovery and positive earnings outlook. The company has demonstrated robust revenue and profitability growth, supported by strategic initiatives and market positioning. However, technical indicators suggest caution, and potential tariff impacts present risks. Valuation remains attractive, indicating potential for stock appreciation.

To see Spark’s full report on TBCH stock, click here.

More about Turtle Beach

Turtle Beach Corporation is a leading provider of gaming accessories, known for its best-selling gaming headsets, top-rated game controllers, award-winning PC gaming peripherals, and innovative gaming simulation accessories. The company has been a market leader in console gaming audio for over a decade and trades on the Nasdaq Exchange under the symbol TBCH.

Average Trading Volume: 404,374

Technical Sentiment Signal: Sell

Current Market Cap: $265.7M

For a thorough assessment of TBCH stock, go to TipRanks’ Stock Analysis page.

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