Immersion Corporation (IMMR)

NASDAQ: IMMR · IEX Real-Time Price · USD
7.23
+0.06 (0.84%)
At close: Apr 22, 2024, 4:00 PM
7.42
+0.19 (2.63%)
After-hours: Apr 22, 2024, 5:18 PM EDT
0.84%
Market Cap 229.20M
Revenue (ttm) 33.92M
Net Income (ttm) 33.98M
Shares Out 31.70M
EPS (ttm) 1.04
PE Ratio 6.95
Forward PE 11.08
Dividend $0.18 (2.49%)
Ex-Dividend Date Apr 11, 2024
Volume 274,796
Open 7.17
Previous Close 7.17
Day's Range 7.16 - 7.31
52-Week Range 5.94 - 8.62
Beta 1.47
Analysts Strong Buy
Price Target 11.00 (+52.14%)
Earnings Date May 8, 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]

Sector Technology
IPO Date Nov 12, 1999
Employees 14
Stock Exchange NASDAQ
Ticker Symbol IMMR
Full Company Profile

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 Statements

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
(52.14% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

Other symbols: BNED
6 days ago - Business Wire

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...

6 weeks ago - Business Wire

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. (...

2 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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 ...

9 months ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

Other symbols: HEAR
1 year ago - Business Wire

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...

1 year ago - Business Wire

Immersion Files Patent Infringement Lawsuits Against Xiaomi in Germany, France and India

AVENTURA, Fla.--(BUSINESS WIRE)---- $IMMR #haptics--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced that it has filed patent infring...

1 year ago - Business Wire

Immersion Corporation Reports Fourth Quarter 2022 Results

AVENTURA, Fla.--(BUSINESS WIRE)---- $IMMR #haptics--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the fourth ...

1 year ago - Business Wire

Immersion Signs Agreement to Make Haptic Technology Licenses Available Through Vishay Intertechnology

AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced it has signed a license agreement with Vishay Int...

Other symbols: VSH
1 year ago - Business Wire

Immersion Corporation Announces Management Changes

AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported management changes, a special cash dividend and a ...

1 year ago - Business Wire

Immersion Renews Dongwoon Anatech to Multi-Year License

AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced that it renewed a multi-year license with Dongwoo...

1 year ago - Business Wire

Immersion Corporation Reports Third Quarter 2022 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 Sept...

1 year ago - Business Wire

Immersion Corporation Reports Second Quarter 2022 Results

AVENTURA, Fla.--(BUSINESS WIRE)---- $IMMR #haptics--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the second ...

1 year ago - Business Wire

Immersion Partners with ELAN to Provide Haptic Touchpads

AVENTURA, Fla.--(BUSINESS WIRE)---- $IMMR #haptics--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced that it has signed a license agr...

1 year ago - Business Wire

Immersion Files Complaint Against Meta Platforms / Facebook With U.S. District Court for the Western District of Texas

AVENTURA, Fla.--(BUSINESS WIRE)---- $IMMR #haptics--Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today announced that it has filed a complaint ...

2 years ago - Business Wire

Immersion Corporation Reports First Quarter 2022 Results

AVENTURA, Fla.--(BUSINESS WIRE)---- $IMMR #haptics--Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today reported financial results for the first...

2 years ago - Business Wire

Immersion to Report First Quarter 2022 Results on May 12, 2022

AVENTURA, Fla.--(BUSINESS WIRE)---- $IMMR #haptics--Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today announced that it will report financial ...

2 years ago - Business Wire

Immersion Corporation Reports Fourth Quarter 2021 Results

SAN FRANCISCO--(BUSINESS WIRE)---- $IMMR #haptics--Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today reported financial results for the fourth...

2 years ago - Business Wire

Immersion and Nissha Partner on New Automotive Interface Designs

SAN FRANCISCO--(BUSINESS WIRE)---- $IMMR #haptics--Immersion Corporation (NASDAQ: IMMR), the leading licensor of haptic technologies, and Nissha, a global supplier of touch sensors, decorative film an...

2 years ago - Business Wire

Immersion Signs License Agreement with Duck-il for Automotive Interfaces

SAN FRANCISCO--(BUSINESS WIRE)---- $IMMR #haptics--Immersion Corporation (NASDAQ: IMMR), the leading licensor of haptic technologies, announced it has signed a license agreement with Duck-il, a Korea-...

2 years ago - Business Wire