Immersion (IMMR) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Immersion in the last twelve months. 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.

1 equities research analysts have issued twelve-month price objectives for Immersion's stock. Their IMMR share price forecasts range from $11.00 to $11.00. On average, they anticipate the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 40.5% from the stock's current price.
View analysts price targets for IMMR or view top-rated stocks among Wall Street analysts.

Immersion's stock was trading at $7.03 at the start of the year. Since then, IMMR shares have increased by 11.4% and is now trading at $7.83.
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Immersion saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 680,600 shares, a decrease of 15.4% from the April 30th total of 804,200 shares. Based on an average daily trading volume, of 445,800 shares, the days-to-cover ratio is currently 1.5 days. Currently, 2.2% of the shares of the stock are short sold.
View Immersion's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our IMMR earnings forecast.

Immersion Co. (NASDAQ:IMMR) issued its quarterly earnings results on Wednesday, November, 3rd. The software maker reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.01. The software maker earned $7.17 million during the quarter. Immersion had a trailing twelve-month return on equity of 19.33% and a net margin of 88.59%.

Immersion declared a quarterly dividend on Wednesday, May 10th. Stockholders of record on Thursday, July 13th will be given a dividend of $0.03 per share on Friday, July 28th. This represents a $0.12 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Wednesday, July 12th.
Read our dividend analysis for IMMR.

ETFs with the largest weight of Immersion (NASDAQ:IMMR) stock in their portfolio include ProShares Metaverse ETF (VERS), Roundhill Acquirers Deep Value ETF (DEEP), Invesco Nasdaq Future Gen 200 ETF (QQQS), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), First Trust Dow Jones Select Microcap Index Fund (FDM), Royce Quant Small-Cap Quality Value ETF (SQLV),

Immersion (NASDAQ:IMMR) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.62%. The dividend payout ratio is 11.65%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IMMR.

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.

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).

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

Immersion's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include HAP Trading LLC (0.00%), Royce & Associates LP (3.08%), Portolan Capital Management LLC (2.96%), Dimensional Fund Advisors LP (2.55%), Acadian Asset Management LLC (2.19%) and BlackRock Inc. (1.85%). 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.

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.
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One share of IMMR stock can currently be purchased for approximately $7.83.

Immersion (NASDAQ:IMMR) has a market capitalization of $255.49 million and generates $38.46 million in revenue each year. The software maker earns $30.66 million in net income (profit) each year or $1.03 on an earnings per share basis.

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.