Turtle Beach Amends Credit Agreement for Greater Flexibility

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

On December 29, 2025, Turtle Beach Corporation amended its existing August 1, 2025 credit agreement with its lending group and Bank of America, N.A. as administrative agent through a First Amendment focused on the calculation of its Consolidated Fixed Charge Coverage Ratio. The amendment allows the company to exclude up to $10 million of restricted payments from the denominator of this ratio for the trailing twelve-month period ending March 31, 2026, and another $10 million for the trailing twelve-month period ending June 30, 2026, while leaving all other material terms of the credit facility unchanged, providing Turtle Beach with greater financial flexibility around capital allocation without renegotiating broader loan terms.

The most recent analyst rating on (TBCH) stock is a Buy with a $20.00 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 overall stock score reflects a solid financial foundation with improved operational efficiency and strategic initiatives highlighted in the earnings call. However, technical indicators show bearish momentum, and the valuation is moderate. The company’s optimistic outlook for 2026 and product innovation are positive factors, but challenges in the gaming accessories market and tariff impacts remain concerns.

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

More about Turtle Beach

Turtle Beach Corporation operates in the consumer electronics and gaming accessories industry, providing audio headsets and related peripherals for gamers and entertainment consumers across console, PC, and mobile platforms.

Average Trading Volume: 237,115

Technical Sentiment Signal: Sell

Current Market Cap: $269.4M

Find detailed analytics on TBCH stock on TipRanks’ Stock Analysis page.