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Immersion CorporationNasdaqGS:IMMR Voorraadrapport

Marktkapitalisatie US$248.3m
Prijs aandeel
n/a
1Y1.4%
7D-3.1%
1D-0.7%
Portefeuillewaarde
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Immersion Corporation

NasdaqGS:IMMR Voorraadrapport

Marktkapitalisatie: US$248.3m

Immersion (IMMR) Aandelenoverzicht

Immersion Corporation houdt zich, samen met haar dochterondernemingen, bezig met intellectueel eigendom (IP) dat een beroep doet op de tastzin van gebruikers bij het bedienen van digitale apparaten in Noord-Amerika, Europa en Azië. Meer informatie

Beloningen

Verhandeld tegen 13.9% onder onze schatting van de reële waarde

Risicoanalyse

Dividend van 4.04% wordt niet goed gedekt door de winst

Winstmarges (0.3%) zijn lager dan vorig jaar (4.1%)


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Immersion Corporation Concurrenten

Prijsgeschiedenis en prestaties

Overzicht van hoogtepunten, dieptepunten en veranderingen in de aandelenkoersen voor Immersion
Historische aandelenkoersen
Huidige aandelenkoersUS$7.43
52 Week HoogtepuntUS$8.05
52 Week LaagUS$5.25
Bèta1.01
1 maand verandering9.75%
3 maanden verandering19.26%
1 Jaar Verandering1.36%
3 jaar verandering3.19%
5 jaar verandering8.31%
Verandering sinds IPO-60.11%

Recent nieuws en updates

Recent updates

Seeking Alpha • Jun 22

Immersion Corporation: Another Value Play For The Patient Investor

Summary Immersion remains a value play, trading ~26.4% below its estimated $9/share underlying value. IMMR's upside is now more tied to BNED's turnaround and ongoing equity investments, as patent monetization catalysts have weakened and patent portfolio value is uncertain. The company maintains strong liquidity, no debt, and a forward dividend yield near 4.5%, providing a moderate baseline return for patient investors. While no near-term catalyst is evident, management's activist background and recent events suggest ongoing efforts to unlock shareholder value. Read the full article on Seeking Alpha
Seeking Alpha • Mar 22

Immersion: Cheap But Lacking Catalysts - Hold

Summary Immersion Corporation's Q3/FY25 results were boosted by the consolidation of Barnes & Noble Education and substantial gains from investments in marketable securities. However, core licensing revenues of $8.4 million were down by more than 40% from an already muted second quarter numbers and are not likely to recover meaningfully anytime soon. While the company trades at a negative enterprise value, market participants are not likely to re-rate the core business without new high- profile licensing agreements. With the fall rush now in the rear view mirror, the consolidation of Barnes & Noble Education will become a headwind for the next couple of quarters. Given the near-term headwinds, I don't see a compelling reason to initiate or add to existing positions in the shares. Read the full article on Seeking Alpha
Analyse-artikel • Mar 15

Immersion (NASDAQ:IMMR) Will Pay A Dividend Of $0.045

Immersion Corporation ( NASDAQ:IMMR ) has announced that it will pay a dividend of $0.045 per share on the 25th of...
Seeking Alpha • Mar 04

Immersion: Undervalued, With A Bevy Of Potential Catalysts On Tap

Summary Immersion a holding company with a myriad of interests in public companies and a patent portfolio, is trading at as much as a 34.4% discount to its underlying value. Better yet, there are many ways IMMR could bridge this valuation gap, and then some. Tapping into an existing share repurchase program could add material upward pressure to IMMR stock. Other catalysts, like further patent litigation success, could send this $8 per share stock back up towards $14 per share. Read the full article on Seeking Alpha
Analyse-artikel • Dec 24

Here's Why We Think Immersion (NASDAQ:IMMR) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Seeking Alpha • Dec 18

Immersion: Core Licensing Business Not Likely To Attract New Investors, Hold

Summary Immersion Corporation reported somewhat confusing quarterly results, with numbers and comparisons heavily impacted by the consolidation of Barnes & Noble Education. While the consolidation of Barnes & Noble Education made the numbers appear strong, Immersion's core licensing revenues were down by more than 70% on a sequential basis. The company declared a $0.245 per share special cash dividend for the quarter which is payable on January 24, 2025, to stockholders of record on January 10, 2025. With Immersion's licensing operations often viewed as "patent trolling", market participants remain hesitant to assign meaningful value to the core business. While the company continues to trade at bargain levels, I do not expect market participants to re-rate the core business without additional high-profile licensing agreements. Read the full article on Seeking Alpha
Seeking Alpha • Oct 04

Immersion Corporation: This Company Delivered 3 Years' Worth Of Revenue In One Quarter

Summary Removing Barnes & Noble's P&L contribution, Immersion's haptic business generated $52m in Q2 after winning license agreements from OEMs. With no R&D spending and only 14 employees, Immersion is more focused on maximising its existing patent portfolio in the niche haptic technology market. Sales driven by Immersion's haptic licensing deals could grow due to VR adoption, especially from Meta, in the years ahead. Overall, due to the limited communication from management and lack of investor marketing, it's hard to judge the company and its valuation, hence the "hold" recommendation. Read the full article on Seeking Alpha
Seeking Alpha • Aug 22

Immersion Corporation: Cheap For Good Reason - Hold

Summary After the close of Tuesday's regular session, Immersion Corporation reported strong Q2/2024 results as licensing operations benefited from the recognition of some large settlement and renewal deals. In addition, the recent acquisition of a controlling stake in Barnes & Noble Education has turned out to be a major winner. However, the required consolidation of Barnes & Noble Education's highly seasonal operations will make it more difficult for investors to assess the performance of Immersion's core licensing business. While valuation appears undemanding, the inherent unpredictability of the core licensing business and the company's disappointing approach to shareholder capital returns are keeping me sidelined. Consequently, I am initiating coverage of Immersion Corporation with "Hold". Read the full article on Seeking Alpha
Analyse-artikel • Jul 29

There's No Escaping Immersion Corporation's (NASDAQ:IMMR) Muted Earnings Despite A 44% Share Price Rise

Immersion Corporation ( NASDAQ:IMMR ) shares have continued their recent momentum with a 44% gain in the last month...
Seeking Alpha • Jul 21

Immersion Corp.: The Technology Is Great, But The Business Model Is Not Appealing

Summary Immersion Corp designs haptic feedback technology and licenses it to major tech companies like Sony, Microsoft, Nintendo, and Samsung. IMMR's financial performance has been inconsistent, with sporadic revenue growth and a heavy reliance on litigation revenues for boosts. IMMR's future potential lies in the growing demand for haptic technology in AR/VR sets and consumer products, but its inconsistent revenue stream makes it uncertain. Read the full article on Seeking Alpha
Analyse-artikel • Jul 17

Is It Too Late To Consider Buying Immersion Corporation (NASDAQ:IMMR)?

Immersion Corporation ( NASDAQ:IMMR ), is not the largest company out there, but it led the NASDAQGS gainers with a...
Seeking Alpha • Jul 09

Immersion: A Value Play In A Unique Market Segment

Summary Immersion Corp. licenses haptic technology to various tech companies for use in mobility, gaming, and automotive markets. Immersion has a strong balance sheet with solid cash-on-hand position, making it a value proposition with a P/E ratio of 9.32. Risks include dependence on licensing arrangements, particularly with Samsung Electronics, and sensitivity to technology companies' ability to do business. Read the full article on Seeking Alpha
Seeking Alpha • May 08

Immersion: An Able Capital Allocator Is Leading A Transformation

Summary Immersion has a new CEO, Eric Singer, who is focused on unlocking value for shareholders. Eric Singer is the founder of VIEX Capital Advisors and has a long track record of implementing shareholder friendly policies. IMMR's 34% stake in Barnes & Noble Education is transforming the company. With a current dividend yield of 2.4% and a discount to the underlying value of the company, an investment today provides a great entry point. Read the full article on Seeking Alpha
Analyse-artikel • Mar 18

Immersion's (NASDAQ:IMMR) Profits May Not Reveal Underlying Issues

Following the solid earnings report from Immersion Corporation ( NASDAQ:IMMR ), the market responded by bidding up the...
Seeking Alpha • Jan 19

Immersion: Undervalued, But More Than Just Financial Engineering Needed

Summary Immersion Corporation develops haptic technology for gaming, mobility, automotive, and VR/AR, but has struggled to grow revenue. The company generates revenue mainly from licensing its patents, with key licensees including Samsung, Google, Sony, Microsoft, and Panasonic. Immersion's haptic technology aims to provide confirmation, realism, and rich communication in digital experiences, but revenue stagnation and reliance on lawsuits are concerns. Read the full article on Seeking Alpha
Analyse-artikel • Apr 01

Is Immersion Corporation (NASDAQ:IMMR) Potentially Undervalued?

While Immersion Corporation ( NASDAQ:IMMR ) might not be the most widely known stock at the moment, it received a lot...
Analyse-artikel • Feb 28

Here's Why We Think Immersion (NASDAQ:IMMR) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Seeking Alpha • Oct 13

Immersion Corporation: Litigant Play Against Meta Platforms

Summary Today, we put Immersion Corporation in the spotlight for the first time. The company has gutted its R&D effort over the past seven years – now employing only 26 people worldwide – and is living off the revenue stream provided from ~1,200 patents. With a potentially lucrative patent infringement lawsuit pending against Meta Platforms, the insider buying merited a deeper dive. A full investment analysis follows in the paragraphs below. Beware the fury of a patient man."― John Dryden Today, we take a look at unusual small cap concern that happens to be located one hour south of me here in Delray Beach. An analysis is as follows. Seeking Alpha Company Overview: Immersion Corporation (IMMR) is an Aventura, Florida-based developer of haptic technologies that allow people to use their sense of touch to engage with products (e.g., feeling the recoil of a gun in a video game). The company licenses these technologies primarily to the automotive, gaming, and mobile device markets with over three billion devices employing its technology. Immersion was founded in 1993 and went public in 1999, raising net proceeds of $48.3 million at $12 a share. Despite the ubiquitous nature of its technology, shares of IMMR trade for just under five bucks a share and sport an approximate market cap of $170 million. Haptic Technologies In many instances, the touchscreens, touch pads, and other interactive surfaces that people employ on a daily basis do not provide the feedback of a mechanical keyboard, a button, or switch. This lack of context and/or confirmation can lead to errors when interacting with a touch surface. Haptic technologies enhance these experiences by restoring tangible elements of confirmation and response. It injects a sense of realism into video games and enhances audio or visual communications. One example of this human-machine interface would be a laser range finder for golf that vibrates once the laser hits the flagstick and not something in the background. Customers Mobile Communications. The company's largest end users of its technology are the top manufacturers of mobile devices in the world, including Samsung (SSNLF), Alphabet (GOOG, GOOGL), Sony (SONY), and Panasonic (PCRFY), as well as integrated circuit providers such as Awinic. Samsung is Immersion's largest customer, although specifics as to the size of that relationship are not publicly available. In total, this customer base contributed FY21 revenue of ~$21 million, or ~60% of the $35.1 million total. Gaming & Virtual Reality. Immersion licenses its patents to Sony and Nintendo (NTDOY) for use in their console gaming products, as well as the former for virtual reality. It also has licensing agreements with third-party peripheral manufacturers who provide the OEMs with steering wheels and joysticks. This vertical accounted for FY21 revenue of ~$7.4 million, or 21% of total. It should be noted that Immersion also has a relationship with Microsoft Corporation (MSFT), but due to its royalty-free, perpetual, and irrevocable license, any gain in the latter's gaming market share will cause a decrease in the former's revenue. Automotive. The company also offers licenses to auto OEMs and third-party suppliers, such as ALPS Alpine, Continental (CTTAF), and Panasonic Automotive Systems, amongst others. These clients were responsible for FY21 revenue of ~$6.7 million, or 19% of total. Because most mobile phone and gaming manufacturers are located overseas, Immersion generated 88% of its FY21 revenue ex-U.S., with ~80% from Asia. Business Model The company holds more than 1,200 issued or pending patents worldwide for its innovative haptic technology and licenses it to ~150 customers through fixed-fee license agreements and per-unit royalty contracts, as well as fees for support or other services. However, it now spends stunningly little on research and development ($4.2 million in FY21 and $864,000 in 1H22), having reduced the number of employees every year since YE15; thus indicating that it intends to live off its current patent portfolio. Owing to its licensing model, finite number of licensees, and insignificant R&D effort, Immersion currently employs 26 people on a full-time basis - 22 in the U.S. and Canada - down from 156 at YE15. Predictably, its revenue has flatlined between $30 million and $36 million every year since FY17, with the exception of FY18, when a settlement over patent infringement allegations with Apple Inc. (AAPL) was reached after two years of litigation, resulting in a one-time ~$76 million bump for Immersion. Apple is one example of the company's focus on protecting its patent portfolio by suing companies that employ its technology without a license. The end result of these efforts is typically a licensing agreement. Continuing with this approach, Immersion sued Meta Platforms, Inc. (META) in May 2022, accusing it of infringing on six patents covering haptic effects in its augmented reality and virtual reality (AR/VR) headsets. It has been dubbed a "patent troll" by detractors. That said, Immersion signed a license agreement with ELAN Microelectronics without a lawsuit on August 2, 2022, providing it an entrée into laptop OEMs through the latter's touch-screen technology. It also closed a multi-year renewal license with Google/FitBit in July 2022 after suing them for the initial license in 2017. 2Q22 Earnings With potential further penetration of the AR/VR and an entrée into personal computing, the company reported a 2Q22 loss of $0.03 a share (non-GAAP) on revenue of $8.0 million versus a gain of $0.23 a share (non-GAAP) on revenue of $11.0 million. Management commentary was succinct, calling the quarter "productive," citing the Meta Platforms lawsuit - which, if successful, would likely compel other AR/VR headset makers to set up a royalty agreement with Immersion - and two events (Google and ELAN) that occurred after the close of the quarter for its productivity. Balance Sheet & Analyst Commentary: The other part of Immersion's business model appears to involve financial asset trading. The company cited market volatility for the $4.1 million decline in the marketable securities line of its balance sheet during 2Q22. It has fared better buying and selling its own stock, acquiring 1.22 million shares of IMMR at an average price of $4.90 in 1H22. The buyback come on the heels of the company selling 3.2 million shares at an average price of ~$7.25 a share net of commissions in FY21 after it repurchased 4.9 million shares at an average cost of $6.21 in FY20. Overall, its debt-free balance sheet held cash and marketable securities of $136.9 million on June 30, 2022. Immersion's relationship with the Street is quasi-nonexistent, as it does not participate in conference calls and (according to Colliers analyst Derek Soderberg) is disinterested in talking to Street analysts post-earnings. Not surprisingly, Mr. Soderberg downgraded the company's stock from a buy to a hold back in November 2021. Craig Hallum still rates Immersion a buy but did lower its price target from $12 to $10 in June 2022. It expects the company to earn $0.48 a share on revenue of $31.8 million in FY22, followed by $0.53 a share on revenue of $33.8 million in FY23.
Analyse-artikel • Sep 24

We Like These Underlying Return On Capital Trends At Immersion (NASDAQ:IMMR)

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...

Rendement voor aandeelhouders

IMMRUS TechUS Markt
7D-3.1%-2.3%1.0%
1Y1.4%42.9%18.4%

Rendement versus industrie: IMMR presteerde slechter dan de US Tech -sector, die het afgelopen jaar een rendement van 42.9 % opleverde.

Rendement versus markt: IMMR presteerde slechter dan US Market, dat het afgelopen jaar een rendement van 18.4 % opleverde.

Prijsvolatiliteit

Is IMMR's price volatile compared to industry and market?
IMMR volatility
IMMR Average Weekly Movement7.6%
Tech Industry Average Movement13.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.1%

Stabiele aandelenkoers: IMMR heeft de afgelopen 3 maanden geen significante prijsvolatiliteit gekend vergeleken met de US markt.

Volatiliteit in de loop van de tijd: De wekelijkse volatiliteit ( 8% ) van IMMR is het afgelopen jaar stabiel geweest.

Over het bedrijf

OpgerichtWerknemersCEOWebsite
19933,082Eric Singerwww.immersion.com

Immersion Corporation houdt zich, samen met haar dochterondernemingen, bezig met intellectueel eigendom (IP) dat een beroep doet op de tastzin van gebruikers bij het bedienen van digitale apparaten in Noord-Amerika, Europa en Azië. Het bedrijf is actief via twee segmenten: Immersion en Barnes & Noble Education. Het bedrijf biedt software, bijbehorende hulpmiddelen en technische ondersteuning aan met betrekking tot de integratie van haar gepatenteerde technologie; educatieve inhoud en algemene handelsartikelen, en digitale en fysieke studieboeken via zijn boekhandelsvestigingen, waaronder virtuele boekhandels en aan boekhandels gelieerde e-commercewebsites; en marketingdiensten, waaronder promotieactiviteiten en advertenties, en is tevens actief als groothandelaar in studieboeken en als leverancier van hardware en software voor het beheer van boekhandels.

Immersion Corporation Samenvatting

Hoe verhouden de winst en inkomsten van Immersion zich tot de beurswaarde?
IMMR fundamentele statistieken
MarktkapitalisatieUS$248.28m
Inkomsten(TTM)US$4.52m
Inkomsten(TTM)US$1.73b
54.5x
Koers/Winstverhouding
0.1x
P/S-verhouding

Is IMMR overgewaardeerd?

Zie Reële waarde en waarderingsanalyse

Inkomsten en omzet

Belangrijkste winstgevendheidsstatistieken uit het laatste winstverslag (TTM)
IMMR resultatenrekening (TTM)
InkomstenUS$1.73b
Kosten van inkomstenUS$1.36b
BrutowinstUS$371.28m
Overige uitgavenUS$366.76m
InkomstenUS$4.52m

Laatst gerapporteerde inkomsten

Apr 30, 2026

Volgende inkomensdatum

n.v.t.

Winst per aandeel (EPS)0.14
Brutomarge21.45%
Nettowinstmarge0.26%
Schuld/Eigen Vermogen Verhouding12.5%

Hoe presteerde IMMR op de lange termijn?

Bekijk historische prestaties en vergelijking

Dividenden

4.0%
Huidig dividendrendement
174%
Uitbetalingsratio

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/08/12 03:59
Aandelenkoers aan het einde van de dag2026/08/12 00:00
Inkomsten2026/04/30
Jaarlijkse inkomsten2026/04/30

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysamodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina, we hebben ook handleidingen over hoe u onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Immersion Corporation wordt gevolgd door 4 analisten. 1 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

AnalistInstelling
David WilliamsAscendiant Capital Markets LLC
Scott SearleBenchmark Company
Hamed KhorsandBWS Financial Inc.