NASDAQ:IMMRImmersion Stock Price, Forecast & News

Immersion's stock was trading at $5.15 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, IMMR shares have increased by 18.8% and is now trading at $6.12. 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) released its quarterly earnings data 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 earned $6.26 million during 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 analysts have issued 1 year price objectives for Immersion's shares. Their forecasts range from $9.00 to $9.00. On average, they anticipate Immersion's share price to reach $9.00 in the next year. This suggests a possible upside of 47.1% from the stock's current price. View analysts' price targets for Immersion.

Media coverage about IMMR stock has been trending neutral recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Immersion earned a news impact score of 0.4 on InfoTrie's scale. They also gave press coverage about the software maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Immersion.

Immersion saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,590,000 shares, an increase of 19.5% from the June 15th total of 1,330,000 shares. Based on an average daily volume of 296,800 shares, the days-to-cover ratio is presently 5.4 days. Currently, 6.2% of the company's shares are short sold. 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 $6.12.

Immersion has a market capitalization of $170.50 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]