NASDAQ:IMMRImmersion Stock Price, Forecast & News

Immersion's stock was trading at $5.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IMMR stock has increased by 14.4% and is now trading at $5.89. View which stocks have been most impacted by Coronavirus.

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, resulting in a consensus recommendation of "Buy." View analyst ratings for Immersion.

Immersion is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Immersion.

Immersion Co. (NASDAQ:IMMR) issued its earnings results on Thursday, May, 7th. The software maker reported ($0.08) EPS for the quarter, missing the Zacks' consensus estimate of ($0.07) by $0.01. The software maker had revenue of $6.26 million for the quarter. Immersion had a negative net margin of 37.36% and a negative return on equity of 14.91%. View Immersion's earnings history.

1 Wall Street analysts have issued 12-month price objectives for Immersion's stock. Their forecasts range from $9.00 to $9.00. On average, they anticipate Immersion's stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 52.8% from the stock's current price. View analysts' price targets for Immersion.

Headlines about IMMR stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Immersion earned a news impact score of 0.8 on InfoTrie's scale. They also gave news headlines about the software maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news about Immersion.

Immersion saw a increase in short interest in June. As of June 15th, there was short interest totaling 1,330,000 shares, an increase of 7.3% from the May 31st total of 1,240,000 shares. Based on an average daily trading volume, of 304,700 shares, the short-interest ratio is currently 4.4 days. Currently, 5.2% of the company's stock are sold short. View Immersion's Current Options Chain.

Some companies that are related to Immersion include Western Digital (WDC), NetApp (NTAP), Synaptics (SYNA), Intevac (IVAC) and HGST Technologies Santa Ana (STEC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Immersion investors own include NVIDIA (NVDA), Netflix (NFLX), Intel (INTC), Micron Technology (MU), Alibaba Group (BABA), Baidu (BIDU), Advanced Micro Devices (AMD), salesforce.com (CRM), AT&T (T) and Tesla (TSLA).

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

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

One share of IMMR stock can currently be purchased for approximately $5.89.

Immersion has a market capitalization of $164.10 million and generates $35.95 million in revenue each year. The software maker earns $-20,040,000.00 in net income (profit) each year or ($0.56) on an earnings per share basis. Immersion employs 64 workers across the globe.

The official website for Immersion is www.immersion.com.

Immersion's mailing address is 50 RIO ROBLES, SAN JOSE CA, 95134. The software maker can be reached via phone at 408-467-1900 or via email at [email protected]