Immersion Corporation (IMMR)

Market Cap	303.89M
Revenue (ttm)	70.69M
Net Income (ttm)	44.35M
Shares Out	31.85M
EPS (ttm)	1.37
PE Ratio	6.96
Forward PE	18.71
Dividend	$0.18 (1.89%)
Ex-Dividend Date	Jul 8, 2024

Volume	489,846
Open	9.39
Previous Close	9.46
Day's Range	9.39 - 9.78
52-Week Range	5.94 - 11.04
Beta	1.48
Analysts	Strong Buy
Price Target	11.00 (+15.3%)
Earnings Date	Aug 9, 2024

About IMMR

Immersion Corporation, together with its subsidiaries, engages in the creation, design, development, and licensing of 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 serves markets, including mobility, gaming, automotive, virtual and augmented reality, and wearables, as well as residential, commercial, and industrial Internet of Things. The company was incorporated in 199...

• Industry: Software - Application
• Sector: Technology
• IPO Date: Nov 12, 1999
• Employees: 14
• Stock Exchange: NASDAQ
• Ticker Symbol: IMMR

Financial Performance

In 2023, Immersion's revenue was $33.92 million, a decrease of -11.81% compared to the previous year's $38.46 million. Earnings were $33.98 million, an increase of 10.80%.

Analyst Forecast

According to one analyst, the rating for IMMR stock is "Strong Buy" and the 12-month stock price forecast is $11.0.

Price Target

$11.0

(15.30% upside)

Analyst Consensus: Strong Buy