This summary was created by AI, based on 2 opinions in the last 12 months.
Immersion Corporation (IMMR-Q) has garnered attention from analysts for its innovative touch screen technology and strategic actions such as its recent acquisition of shares in Barnes & Noble Education, indicating a promising trajectory for the company. The latest earnings report showcased robust earnings growth along with an increase in cash reserves, highlighting the firm's strong financial position. Analysts note a healthy return on equity at 19%, coupled with a favorable earnings multiple, suggesting potential for further appreciation. With a planned special dividend and increasing share buybacks, the sentiment is largely optimistic, with a significant upside potential reflected in price targets. Experts recommend adjusting stop-loss levels to safeguard investments while aiming for notable growth in stock value and returns.
Immersion Corporation is a American stock, trading under the symbol IMMR-Q on the NASDAQ (IMMR). It is usually referred to as NASDAQ:IMMR or IMMR-Q
In the last year, there was no coverage of Immersion Corporation published on Stockchase.
Immersion Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Immersion Corporation.
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0 stock analysts on Stockchase covered Immersion Corporation In the last year. It is a trending stock that is worth watching.
On 2025-02-04, Immersion Corporation (IMMR-Q) stock closed at a price of $8.29.
We reiterate this developer of touch screen technology as a TOP PICK. Recently reported earnings showed strong earnings and growing cash reserves, following the 42% acquisition of Barnes & Noble shares in June. It trades at 5x earnings, under book value and supports a 19% ROE. The company announced a special dividend to holders on January 10. We recommend trailing up the stop (from $6) to $7, looking to achieve $11 -- upside potential over 25%. Yield 1.8%
(Analysts’ price target is $13.75)