Immersion (NASDAQ:IMMR – Get Free Report) will likely be issuing its Q1 2027 resultson Monday, September 14th. Analysts expect the company to post earnings of $0.0550 per share and revenue of $3.43 million for the quarter. Interested persons can check the company’s upcoming Q1 2027 earning results page for the latest details on the call scheduled for Thursday, September 17, 2026 at 9:30 AM ET.
Immersion (NASDAQ:IMMR – Get Free Report) last released its earnings results on Friday, July 24th. The software maker reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.07. The business had revenue of $270.00 million during the quarter, compared to analysts’ expectations of $230.00 million. Immersion had a net margin of 0.26% and a return on equity of 0.80%.
Immersion Trading Up 0.5%
Shares of Immersion stock opened at $7.40 on Friday. The stock has a fifty day simple moving average of $7.28 and a 200 day simple moving average of $6.61. Immersion has a 12-month low of $5.25 and a 12-month high of $8.05. The company has a market capitalization of $245.61 million, a P/E ratio of 52.86 and a beta of 1.02. The company has a current ratio of 2.30, a quick ratio of 1.19 and a debt-to-equity ratio of 0.13.
Immersion Dividend Announcement
Analysts Set New Price Targets
IMMR has been the subject of several research analyst reports. Weiss Ratings downgraded Immersion from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. BWS Financial restated a “buy” rating and set a $13.50 target price on shares of Immersion in a research note on Tuesday, July 28th. Finally, Wall Street Zen raised shares of Immersion from a “sell” rating to a “hold” rating in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $13.50.
View Our Latest Analysis on Immersion
Insider Buying and Selling at Immersion
In other news, major shareholder Toro 18 Holdings Llc sold 200,000 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $5.22, for a total value of $1,044,000.00. Following the transaction, the insider directly owned 1,344,647 shares of the company’s stock, valued at approximately $7,019,057.34. This trade represents a 12.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders sold a total of 442,815 shares of company stock valued at $2,201,304 in the last quarter. Company insiders own 10.60% of the company’s stock.
Institutional Investors Weigh In On Immersion
Several institutional investors have recently modified their holdings of IMMR. Russell Investments Group Ltd. boosted its stake in Immersion by 85.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 4,429 shares of the software maker’s stock worth $33,000 after purchasing an additional 2,041 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Immersion by 677.7% during the second quarter. Tower Research Capital LLC TRC now owns 7,738 shares of the software maker’s stock worth $61,000 after buying an additional 6,743 shares during the period. XTX Topco Ltd purchased a new position in shares of Immersion during the second quarter worth about $80,000. Virtu Financial LLC purchased a new position in shares of Immersion during the fourth quarter worth about $84,000. Finally, Parallel Advisors LLC acquired a new position in Immersion in the 4th quarter valued at about $86,000. 60.57% of the stock is owned by hedge funds and other institutional investors.
About Immersion
Immersion Corporation is a technology company specializing in the development and licensing of haptic feedback solutions. The company’s proprietary software and hardware technologies enable devices to simulate the sense of touch, enhancing user experiences across a range of electronic products. Immersion’s core offerings include touch-feedback algorithms, software development kits, and reference designs that can be integrated into smartphones, gaming controllers, wearable devices, automotive infotainment systems, medical simulators and virtual or augmented reality platforms.
Since its founding in 1993, Immersion has built an extensive intellectual property portfolio of more than 950 issued patents worldwide.
Recommended Stories
- Five stocks we like better than Immersion
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
Receive News & Ratings for Immersion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Immersion and related companies with MarketBeat.com's FREE daily email newsletter.
