Immersion Corporation (IMMR)

Market Cap	227.93M
Revenue (ttm)	33.92M
Net Income (ttm)	33.98M
Shares Out	31.70M
EPS (ttm)	1.04
PE Ratio	6.91
Forward PE	11.01
Dividend	$0.18 (2.50%)
Ex-Dividend Date	Apr 11, 2024

Volume	246,584
Open	7.14
Previous Close	7.13
Day's Range	7.11 - 7.22
52-Week Range	5.94 - 8.62
Beta	1.47
Analysts	Strong Buy
Price Target	11.00 (+52.99%)
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...

• 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

(52.99% upside)

Analyst Consensus: Strong Buy