Immersion Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Immersion in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Immersion stock.
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Immersion saw a decrease in short interest in March. As of March 31st, there was short interest totaling 1,000,000 shares, a decrease of 24.8% from the March 15th total of 1,330,000 shares. Based on an average daily trading volume, of 1,110,000 shares, the days-to-cover ratio is currently 0.9 days. Approximately 3.5% of the company's stock are short sold.
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Immersion is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Immersion.

Immersion will be holding an earnings conference call on Thursday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Immersion Co. (NASDAQ:IMMR) posted its quarterly earnings results on Wednesday, March, 3rd. The software maker reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.04. The software maker had revenue of $10.94 million for the quarter. Immersion had a positive trailing twelve-month return on equity of 0.24% and a negative net margin of 5.51%.
View Immersion's earnings history.

Immersion's stock was trading at $5.15 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, IMMR stock has increased by 65.6% and is now trading at $8.53.
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Immersion issued an update on its fourth quarter 2020 IntraDay earnings guidance on Thursday, February, 4th. The company provided earnings per share guidance of 0.27-0.29 for the period, compared to the Thomson Reuters consensus estimate of $0.19. The company issued revenue guidance of $10.5-11 million, compared to the consensus revenue estimate of $9.75 million.

2 Wall Street analysts have issued 1-year price objectives for Immersion's shares. Their forecasts range from $12.00 to $15.00. On average, they anticipate Immersion's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 58.3% from the stock's current price.
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3 employees have rated Immersion CEO Ramzi Haidamus on Glassdoor.com. Ramzi Haidamus has an approval rating of 64% among Immersion's employees.

Some companies that are related to Immersion include Mitek Systems (MITK), Identiv (INVE), Creative Technology (CREAF), RADCOM (RDCM), AstroNova (ALOT), TransAct Technologies (TACT), IGO (IGOI), Point to Point Methodics (PPMH), Hauppauge Digital (HAUP), Media 100 (MDEA) and Storage Computer (SOSO).
View all of IMMR's competitors.

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.com (CRM) and The Trade Desk (TTD).

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

Immersion's stock is owned by a number of retail and institutional investors. Top institutional investors include Penbrook Management LLC (0.33%). Company insiders that own Immersion stock include Aaron Akerman, Anne Marie Peters, Eric Singer, Jared Smith, Jonathan Visbal, Michael Rudolf Okada, Opportunities Fund Lp Se Viex, Raging Capital Management, Llc, Ramzi Haidamus, Sharon E Holt and William C Martin.
View institutional ownership trends for Immersion.

IMMR stock was sold by a variety of institutional investors in the last quarter, including Penbrook Management LLC. Company insiders that have sold Immersion company stock in the last year include Eric Singer, Jared Smith, Michael Rudolf Okada, Opportunities Fund Lp Se Viex, Ramzi Haidamus, and William C Martin.
View insider buying and selling activity for Immersion or view top insider-selling stocks.

Shares of IMMR 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 $8.53.

Immersion has a market capitalization of $263.30 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 54 workers across the globe.

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

Immersion is headquartered at 50 RIO ROBLES, SAN JOSE CA, 95134.

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]