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NASDAQ:IMMR

Immersion - IMMR Stock Forecast, Price & News

$7.31
+0.04 (+0.55%)
(As of 02/6/2023 01:07 PM ET)
Add
Compare
Today's Range
$7.28
$7.44
50-Day Range
$6.90
$8.22
52-Week Range
$4.28
$8.31
Volume
106,764 shs
Average Volume
284,607 shs
Market Capitalization
$244.96 million
P/E Ratio
19.76
Dividend Yield
1.65%
Price Target
$10.50

Immersion MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
42.7% Upside
$10.50 Price Target
Short Interest
Healthy
1.90% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.36mentions of Immersion in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$145,800 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Computer And Technology Sector

134th out of 611 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

4th out of 12 stocks

IMMR stock logo

About Immersion (NASDAQ:IMMR) Stock

Immersion Corp. engages in the creation, design, development and licensing of patented haptic innovations and software. The firm offers touch sense platform and design services. It focuses on the following target application areas: mobile devices, wearable, consumer, mobile entertainment and other content, console gaming, automotive, medical, and commercial. The company was founded in 1993 and is headquartered in Aventura, FL.

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IMMR Stock News Headlines

A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Immersion: The Haptic Patent Ambulance Chaser
Immersion Corporation Announces Management Changes
Immersion Renews Dongwoon Anatech to Multi-Year License
New "Vertical" Technology Solves Solar Power's Major Flaw
Even conservationists hate conventional solar farms. That's because they take up too much land and can degrade the environment. And let's face it, land is expensive...Fortunately, new groundbreaking tower technology solves solar's #1 drawback. These unique vertical structures not only take up to 90% less land space, but also generate extra electric power.
Immersion Corporation Reports Third Quarter 2022 Results
See More Headlines
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IMMR Company Calendar

Last Earnings
11/14/2022
Ex-Dividend for 1/30 Dividend
1/12/2023
Dividend Payable
1/30/2023
Today
2/06/2023
Next Earnings (Estimated)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
Computer Storage & Peripherals
Current Symbol
NASDAQ:IMMR
CUSIP
45252110
Employees
26
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$10.50
High Stock Price Forecast
$11.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+43.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$12.48 million
Pretax Margin
44.52%

Debt

Sales & Book Value

Annual Sales
$35.09 million
Cash Flow
$0.58 per share
Book Value
$4.28 per share

Miscellaneous

Free Float
32,910,000
Market Cap
$244.96 million
Optionable
Optionable
Beta
1.40

Social Links


Key Executives

  • Eric Brandon Singer
    Chairman, President & Chief Executive Officer
  • Aaron AkermanAaron Akerman
    Chief Financial Officer & Treasurer
  • Yeshwant Muthusamy
    Chief Technology Officer
  • William Charles Martin
    Director & Chief Strategy Officer
  • Francis M. JoseFrancis M. Jose
    General Counsel













IMMR Stock - Frequently Asked Questions

Should I buy or sell Immersion stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Immersion in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" IMMR shares.
View IMMR analyst ratings
or view top-rated stocks.

What is Immersion's stock price forecast for 2023?

1 analysts have issued twelve-month target prices for Immersion's stock. Their IMMR share price forecasts range from $10.00 to $10.00. On average, they expect the company's stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 37.6% from the stock's current price.
View analysts price targets for IMMR
or view top-rated stocks among Wall Street analysts.

How have IMMR shares performed in 2023?

Immersion's stock was trading at $7.03 at the beginning of the year. Since then, IMMR shares have increased by 3.4% and is now trading at $7.27.
View the best growth stocks for 2023 here
.

Are investors shorting Immersion?

Immersion saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 572,800 shares, an increase of 31.1% from the December 31st total of 436,900 shares. Based on an average daily trading volume, of 370,200 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.9% of the shares of the company are short sold.
View Immersion's Short Interest
.

When is Immersion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our IMMR earnings forecast
.

How were Immersion's earnings last quarter?

Immersion Co. (NASDAQ:IMMR) posted its quarterly earnings results on Monday, November, 14th. The software maker reported $0.26 earnings per share for the quarter. The software maker had revenue of $14.01 million for the quarter. Immersion had a net margin of 31.50% and a trailing twelve-month return on equity of 12.79%.

How often does Immersion pay dividends? What is the dividend yield for Immersion?

Immersion declared a quarterly dividend on Tuesday, January 3rd. Investors of record on Sunday, January 15th will be paid a dividend of $0.03 per share on Monday, January 30th. This represents a $0.12 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Thursday, January 12th.
Read our dividend analysis for IMMR
.

Is Immersion a good dividend stock?

Immersion (NASDAQ:IMMR) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.65%. The dividend payout ratio is 32.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IMMR.

What is Ramzi Haidamus' approval rating as Immersion's CEO?

3 employees have rated Immersion Chief Executive Officer Ramzi Haidamus on Glassdoor.com. Ramzi Haidamus has an approval rating of 64% among the company's employees.

What other stocks do shareholders of Immersion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Immersion investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), QUALCOMM (QCOM), Twitter (TWTR), Micron Technology (MU), Sorrento Therapeutics (SRNE), Tesla (TSLA), Salesforce (CRM) and Trade Desk (TTD).

What is Immersion's stock symbol?

Immersion trades on the NASDAQ under the ticker symbol "IMMR."

Who are Immersion's major shareholders?

Immersion's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.66%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), Ritholtz Wealth Management (0.07%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Aaron Akerman, Eric Singer, Francis Jose, Jared Smith, Michael Rudolf Okada, Opportunities Fund Lp Se Viex, Ramzi Haidamus and William C Martin.
View institutional ownership trends
.

How do I buy shares of Immersion?

Shares of IMMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Immersion's stock price today?

One share of IMMR stock can currently be purchased for approximately $7.27.

How much money does Immersion make?

Immersion (NASDAQ:IMMR) has a market capitalization of $243.62 million and generates $35.09 million in revenue each year. The software maker earns $12.48 million in net income (profit) each year or $0.37 on an earnings per share basis.

How can I contact Immersion?

Immersion's mailing address is 50 RIO ROBLES, SAN JOSE CA, 95134. The official website for the company is www.immersion.com. The software maker can be reached via phone at (408) 467-1900, via email at aakerman@immersion.com, or via fax at 408-467-1901.

This page (NASDAQ:IMMR) was last updated on 2/6/2023 by MarketBeat.com Staff