Immersion Corporation (IMMR)
NASDAQ: IMMR · IEX Real-Time Price · USD
7.19
+0.06 (0.84%)
At close: Apr 26, 2024, 4:00 PM
7.15
-0.04 (-0.54%)
After-hours: Apr 26, 2024, 7:54 PM EDT

Immersion Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Immersion stock has a target of 11, which predicts an increase of 52.99% from the current stock price of 7.19.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $11 $11 $11 $11
Change +52.99% +52.99% +52.99% +52.99%

Analyst Ratings

According to 1 stock analyst, the rating for Immersion is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 222211
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 222211

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BWS Financial
BWS Financial
Strong Buy
Maintains
$11
Strong Buy Maintains $11 +52.99% Apr 18, 2024
BWS Financial
BWS Financial
Strong Buy
Maintains
$11
Strong Buy Maintains $11 +52.99% Mar 12, 2024
BWS Financial
BWS Financial
Strong Buy
Initiates
$11
Strong Buy Initiates $11 +52.99% Feb 6, 2023
Craig-Hallum
Craig-Hallum
Strong Buy
Maintains
$12$10
Strong Buy Maintains $12$10 +39.08% Jun 7, 2022
Craig-Hallum
Craig-Hallum
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Sep 12, 2018
More Analyst Ratings

Financial Forecast

Revenue This Year
41.75M
from 33.92M
Increased by 23.10%
Revenue Next Year
n/a
from 41.75M
EPS This Year
0.65
from 1.04
Decreased by -37.23%
EPS Next Year
n/a
from 0.65
Year 201920202021202220232024
Revenue
35.95M30.46M35.09M38.46M33.92M41.75M
Revenue Growth
-67.60%-15.29%15.21%9.61%-11.81%23.10%
EPS
-0.640.190.390.921.040.65
EPS Growth
--105.26%135.90%13.04%-37.23%
No. Analysts -----4
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024
High 54.5M
Avg 41.8M
Low 29.4M

Revenue Growth

Revenue Growth 2024
High
60.6%
Avg
23.1%
Low
-13.3%

EPS Forecast

EPS 2024
High 0.67
Avg 0.65
Low 0.63

EPS Growth

EPS Growth 2024
High
-35.4%
Avg
-37.2%
Low
-39.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.