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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
3rd Massive Dollar Upheaval Has Started (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
3rd Massive Dollar Upheaval Has Started (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
3rd Massive Dollar Upheaval Has Started (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
3rd Massive Dollar Upheaval Has Started (Ad)
NASDAQ:IMMR

Immersion - IMMR Stock Forecast, Price & News

$6.04
+0.17 (+2.90%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$5.87
$6.20
50-Day Range
$5.12
$6.16
52-Week Range
$4.28
$9.78
Volume
502,649 shs
Average Volume
370,414 shs
Market Capitalization
$203.03 million
P/E Ratio
12.58
Dividend Yield
N/A
Price Target
$10.00

Immersion MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
65.6% Upside
$10.00 Price Target
Short Interest
Healthy
1.87% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Immersion in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$342,100 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.

2.42 out of 5 stars

Computer And Technology Sector

251st out of 664 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

6th out of 15 stocks

IMMR stock logo

About Immersion (NASDAQ:IMMR) Stock

Immersion Corporation, together with its subsidiaries, invents, scales, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects in content. In addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. The company offers its products to mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR); automotive; and other markets. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on IMMR. Craig Hallum dropped their target price on shares of Immersion from $12.00 to $10.00 and set a "buy" rating on the stock in a report on Tuesday, June 7th. StockNews.com lowered shares of Immersion from a "buy" rating to a "hold" rating in a report on Monday.

Immersion Trading Up 2.9 %

Shares of NASDAQ:IMMR opened at $6.04 on Tuesday. The firm's 50-day moving average price is $5.57 and its 200-day moving average price is $5.27. Immersion has a 1-year low of $4.28 and a 1-year high of $9.78. The firm has a market capitalization of $203.03 million, a P/E ratio of 12.58 and a beta of 1.62.

Insider Activity

In other Immersion news, insider William C. Martin bought 10,000 shares of the stock in a transaction that occurred on Tuesday, May 31st. The shares were bought at an average price of $5.61 per share, for a total transaction of $56,100.00. Following the acquisition, the insider now directly owns 432,831 shares of the company's stock, valued at approximately $2,428,181.91. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider William C. Martin acquired 50,000 shares of Immersion stock in a transaction on Friday, May 27th. The stock was acquired at an average cost of $5.72 per share, with a total value of $286,000.00. Following the transaction, the insider now owns 422,831 shares of the company's stock, valued at approximately $2,418,593.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William C. Martin bought 10,000 shares of Immersion stock in a transaction dated Tuesday, May 31st. The shares were bought at an average cost of $5.61 per share, with a total value of $56,100.00. Following the completion of the transaction, the insider now directly owns 432,831 shares in the company, valued at $2,428,181.91. The disclosure for this purchase can be found here. Company insiders own 1.80% of the company's stock.

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IMMR Stock News Headlines

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IMMR Company Calendar

Last Earnings
11/03/2021
Today
8/15/2022
Next Earnings (Estimated)
8/15/2022
Fiscal Year End
12/31/2022

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
$10.00
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+65.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$12.48 million
Pretax Margin
58.88%

Debt

Sales & Book Value

Annual Sales
$35.09 million
Cash Flow
$0.59 per share
Book Value
$4.28 per share

Miscellaneous

Free Float
33,009,000
Market Cap
$203.03 million
Optionable
Optionable
Beta
1.62

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IMMR Stock - Frequently Asked Questions

Should I buy or sell Immersion stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Immersion in the last year. There are currently 1 hold rating and 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 2022?

2 brokers have issued 12 month target prices for Immersion's stock. Their IMMR share price forecasts range from $10.00 to $10.00. On average, they anticipate the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 73.6% 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 2022?

Immersion's stock was trading at $5.71 at the start of the year. Since then, IMMR shares have increased by 0.9% and is now trading at $5.76.
View the best growth stocks for 2022 here
.

When is Immersion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
View our IMMR earnings forecast
.

How were Immersion's earnings last quarter?

Immersion Co. (NASDAQ:IMMR) announced its quarterly earnings data on Wednesday, November, 3rd. The software maker reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.01. The software maker earned $7.17 million during the quarter. Immersion had a net margin of 44.06% and a trailing twelve-month return on equity of 16.47%.

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 many different institutional and retail investors. Top institutional shareholders include Royce & Associates LP (3.37%), Victory Capital Management Inc. (1.44%), Skylands Capital LLC (1.35%), Assenagon Asset Management S.A. (1.03%), Renaissance Technologies LLC (0.93%) and BNP Paribas Arbitrage SA (0.55%). Insiders that own company stock include Aaron Akerman, Eric Singer, Francis Jose, Jared Smith, Jonathan Visbal, 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 $5.76.

How much money does Immersion make?

Immersion (NASDAQ:IMMR) has a market capitalization of $193.62 million and generates $35.09 million in revenue each year. The software maker earns $12.48 million in net income (profit) each year or $0.48 on an earnings per share basis.

When was Immersion founded?

Immersion was founded in 1993.

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 8/16/2022 by MarketBeat.com Staff

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