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MarketBeat Week in Review – 9/18 - 9/22
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
52-week Low Names To Tip The Upside Scale In Your Favor
BREAKING: Tiny biotech successfully treats blindness (Ad)
3 Reasons This Sleeping Giant Is About To Wake Up
KB Home Price Weakness is a Signal to Buy this Cash Machine
Options Trading Plan–Perfect For Beginners (Ad)
Things to know about California's new proposed rules for insurance companies
Analysts Went All In On These Computer Stocks, Save Your Spot
Options Trading Plan–Perfect For Beginners (Ad)
How major US stock indexes fared Friday, 9/22/2023
MarketBeat Week in Review – 9/18 - 9/22
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
52-week Low Names To Tip The Upside Scale In Your Favor
BREAKING: Tiny biotech successfully treats blindness (Ad)
3 Reasons This Sleeping Giant Is About To Wake Up
KB Home Price Weakness is a Signal to Buy this Cash Machine
Options Trading Plan–Perfect For Beginners (Ad)
Things to know about California's new proposed rules for insurance companies
Analysts Went All In On These Computer Stocks, Save Your Spot
Options Trading Plan–Perfect For Beginners (Ad)
How major US stock indexes fared Friday, 9/22/2023
MarketBeat Week in Review – 9/18 - 9/22
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
52-week Low Names To Tip The Upside Scale In Your Favor
BREAKING: Tiny biotech successfully treats blindness (Ad)
3 Reasons This Sleeping Giant Is About To Wake Up
KB Home Price Weakness is a Signal to Buy this Cash Machine
Options Trading Plan–Perfect For Beginners (Ad)
Things to know about California's new proposed rules for insurance companies
Analysts Went All In On These Computer Stocks, Save Your Spot
Options Trading Plan–Perfect For Beginners (Ad)
How major US stock indexes fared Friday, 9/22/2023
MarketBeat Week in Review – 9/18 - 9/22
NASDAQ:IMMR

Immersion (IMMR) Stock Forecast, Price & News

$6.67
+0.05 (+0.76%)
(As of 09/22/2023 ET)
Compare
Today's Range
$6.61
$6.77
50-Day Range
$6.62
$7.30
52-Week Range
$4.85
$9.25
Volume
190,421 shs
Average Volume
261,252 shs
Market Capitalization
$214.77 million
P/E Ratio
5.17
Dividend Yield
1.80%
Price Target
$11.00

Immersion MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
64.9% Upside
$11.00 Price Target
Short Interest
Healthy
3.68% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.26mentions of Immersion in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
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.

2.48 out of 5 stars

Computer And Technology Sector

210th out of 579 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

3rd out of 9 stocks


IMMR stock logo

About Immersion (NASDAQ:IMMR) Stock

Immersion Corporation, together with its subsidiaries, creates, designs, develop, 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 addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. It serves 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.

IMMR Price History

IMMR Stock News Headlines

Immersion (IMMR) Gains As Market Dips: What You Should Know
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Craig-Hallum Keeps Their Buy Rating on Immersion (IMMR)
Immersion: Q2 Earnings Snapshot
Immersion (IMMR) Q2 Earnings Surpass Estimates
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Immersion (NASDAQ: IMMR)
8-K: IMMERSION CORP
See More Headlines
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IMMR Company Calendar

Ex-Dividend for 7/28 Dividend
7/12/2023
Dividend Payable
7/28/2023
Last Earnings
8/11/2023
Today
9/23/2023
Ex-Dividend for 10/27 Dividend
10/13/2023
Dividend Payable
10/27/2023
Next Earnings (Estimated)
11/13/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
Computer Storage & Peripherals
Current Symbol
NASDAQ:IMMR
CUSIP
45252110
Employees
19
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$11.00
High Stock Price Forecast
$11.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+64.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$30.66 million
Pretax Margin
115.45%

Debt

Sales & Book Value

Annual Sales
$37.23 million
Cash Flow
$0.78 per share
Book Value
$4.71 per share

Miscellaneous

Free Float
30,855,000
Market Cap
$215.05 million
Optionable
Optionable
Beta
1.44

Social Links

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Key Executives

  • Mr. Eric Brandon Singer (Age 50)
    CEO, Pres & Chairperson
    Comp: $1.38M
  • Mr. William Charles Martin (Age 45)
    Chief Strategy Officer & Director
    Comp: $875k
  • Mr. J. Michael Dodson (Age 62)
    Chief Financial Officer
  • Mr. Leonard Wood (Age 67)
    Chief Accounting Officer
  • Ms. Sophie Laval
    Head of HR













IMMR Stock - Frequently Asked Questions

Should I buy or sell Immersion stock right now?

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. 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 2023?

1 Wall Street analysts have issued 12-month price targets for Immersion's shares. Their IMMR share price forecasts range from $11.00 to $11.00. On average, they expect the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 64.9% 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 2023?

Immersion's stock was trading at $7.03 at the start of the year. Since then, IMMR shares have decreased by 5.1% and is now trading at $6.67.
View the best growth stocks for 2023 here
.

Are investors shorting Immersion?

Immersion saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,110,000 shares, a decrease of 15.9% from the August 15th total of 1,320,000 shares. Based on an average trading volume of 457,500 shares, the short-interest ratio is presently 2.4 days. Approximately 3.7% of the shares of the stock are sold short.
View Immersion's Short Interest
.

When is Immersion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our IMMR earnings forecast
.

How were Immersion's earnings last quarter?

Immersion Co. (NASDAQ:IMMR) released its quarterly earnings results on Friday, August, 11th. The software maker reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.05. The software maker earned $6.98 million during the quarter, compared to analysts' expectations of $8.02 million. Immersion had a net margin of 114.74% and a trailing twelve-month return on equity of 23.88%.

How often does Immersion pay dividends? What is the dividend yield for Immersion?

Immersion announced a quarterly dividend on Friday, September 22nd. Shareholders of record on Monday, October 16th will be paid a dividend of $0.03 per share on Friday, October 27th. This represents a $0.12 annualized dividend and a dividend yield of 1.80%. The ex-dividend date is Friday, October 13th.
Read our dividend analysis for IMMR
.

What ETF holds Immersion's stock ?

ProShares Metaverse ETF holds 21,485 shares of IMMR stock, representing 2.14% of its portfolio.

Is Immersion a good dividend stock?

Immersion (NASDAQ:IMMR) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.77%. The dividend payout ratio is 9.30%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IMMR.

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 investors include HAP Trading LLC (0.00%), BlackRock Inc. (4.78%), LSV Asset Management (4.29%), Royce & Associates LP (3.22%), Dimensional Fund Advisors LP (3.18%) and State Street Corp (3.04%). 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
.

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 $6.67.

How much money does Immersion make?

Immersion (NASDAQ:IMMR) has a market capitalization of $215.05 million and generates $37.23 million in revenue each year. The software maker earns $30.66 million in net income (profit) each year or $1.29 on an earnings per share basis.

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 9/23/2023 by MarketBeat.com Staff

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