Immersion Corporation (IMMR)
| Market Cap | 267.76M |
| Revenue (ttm) | 163.13M |
| Net Income (ttm) | 66.27M |
| Shares Out | 32.18M |
| EPS (ttm) | 2.04 |
| PE Ratio | 4.07 |
| Forward PE | 12.06 |
| Dividend | $0.18 (2.16%) |
| Ex-Dividend Date | Oct 4, 2024 |
| Volume | 706,786 |
| Open | 8.62 |
| Previous Close | 8.57 |
| Day's Range | 8.22 - 8.64 |
| 52-Week Range | 6.33 - 13.94 |
| Beta | 1.48 |
| Analysts | Strong Buy |
| Price Target | 13.50 (+62.26%) |
| Earnings Date | Nov 26, 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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for IMMR stock is "Strong Buy" and the 12-month stock price forecast is $13.5.
News
Immersion Corporation: Cheap For Good Reason - Hold
After the close of Tuesday's regular session, Immersion Corporation reported strong Q2/2024 results as licensing operations benefited from the recognition of some large settlement and renewal deals. I...
Immersion Corporation Reports Second Quarter 2024 Results
AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (“Immersion”, the “Company”, “we”, “us” or “our”) (Nasdaq: IMMR), a leading provider of technologies for haptics, today reported financial result...
Immersion: A Value Play In A Unique Market Segment
Immersion Corp. licenses haptic technology to various tech companies for use in mobility, gaming, and automotive markets. Immersion has a strong balance sheet with solid cash-on-hand position, making ...
Barnes & Noble Education Successfully Completes Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students
BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED) (“BNED” or the “Company”), a leading solutions provider for the education industry, today announced that it has succes...
Barnes & Noble Education Shareholders Approve Milestone Equity and Refinancing Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students
BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED) (“BNED” or the “Company”), a leading solutions provider for the education industry, today announced that its sharehold...
Immersion Signs License Agreement with Samsung Electronics Co.
AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Signs License Agreement with Samsung Electronics Co.
Immersion Corporation Reports First Quarter 2024 Results
AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation Reports First Quarter 2024 Results.
Immersion: An Able Capital Allocator Is Leading A Transformation
Immersion has a new CEO, Eric Singer, who is focused on unlocking value for shareholders.
Barnes & Noble Education Announces Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students
BASKING RIDGE, N.J.--(BUSINESS WIRE)--Barnes & Noble Education, Inc. (NYSE: BNED) (“BNED” or the “Company”), a leading solutions provider for the education industry, today announced that it has entere...
Immersion Corporation: Undervalued On Paper, Despite Lack Of Growth
Despite being odd, Immersion is a discounted microcap, with no apparent problems and a cash-generative business model. The company generates revenue through licenses and royalties on its haptic patent...
Immersion Corporation Reports Fourth Quarter and Full Year 2023 Results
AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the fourth quarter and full ye...
Immersion Signs License Agreement with Meta Platforms, Inc. (formerly known as Facebook, Inc.)
AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of patents for haptics, today announced that it has signed a license with Meta Platforms, Inc. (...
Immersion Corporation: The Risk That May Be Rewarded
The augmented and virtual reality market is projected to grow by almost 11% annually with possibilities to open new segments boosting sales. Despite the multiples suggesting the company is underpriced...
Immersion Corporation Reports Third Quarter 2023 Results
AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the third quarter ended Septem...
Immersion Signs License Agreement with Razer
AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of patents for haptics, today announced that it has signed a multi-year license with Razer (Asia...
Immersion: Undervalued With New Partnerships, Patent Lawsuits
Immersion Corp is a technological company focused on the development and licensing of touch technologies. The company has a solid balance sheet with a large number of patents and a diverse range of cl...
Immersion Corporation Reports Second Quarter 2023 Results
AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the second quarter ended June ...
Immersion's Patents Need To Prove Their Validity
Immersion Corporation can be considered an interesting investment due to its high profitability, modest valuation, and impressive balance sheet. However, declining revenues and patent disputes pose ri...
Immersion Corporation Is Still A Cheap Small-Cap Buy
Immersion Corporation and its subsidiaries develop haptic technologies that let people use their sense of touch to interact with digital products. In Q1 FY23, IMMR experienced a 9.55% YoY decrease in ...
Immersion Files Complaint Against Valve in U.S. District Court for the Western District of Washington
AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today announced that it has filed a complaint against Valve Corpo...
Immersion Corporation Reports First Quarter 2023 Results
AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the first quarter ended March ...
Turtle Beach Highlights Ongoing Commitment to Shareholder Value Creation
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Turtle Beach Corporation (Nasdaq: HEAR, the “Company”), a leading gaming headset and audio accessory brand, today issued the following statement regarding its exte...
Immersion Signs License Agreement with Motrex for Automotive Interfaces
AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced that it has signed a multi-year license to Immersio...
Immersion: Solid Fundamentals, But Valuations Suggest Waiting For Another Day
Immersion is an ideal play on the growing penetration of haptic technology. Immersion has the qualities to be a ripe acquisition candidate.
March Madness: My Final 4 Small Cap Stocks Under $10
March Madness is here, and the markets are offering buy opportunities for investors wanting to take a calculated risk and take advantage of market corrections. Unlike both SVB Financial and First Repu...