IMMR Chart
About

Immersion Corporation, together with its subsidiaries, engages in the business of intellectual property (IP) that engages users' sense of touch when operating digital devices in North America, Europe, and Asia. The company offers software, related tools and technical assistance related to integrating its patented technology; educational content and general merchandise, and digital and physical textbooks through its bookstore locations, including virtual bookstores, and bookstore-affiliated e-commerce websites; and marketing services, including promotional activities and advertisements, as well as operates as a textbook wholesaler, and bookstore management hardware and software provider. It serves various markets, such as mobile devices, wearables, consumer, mobile entertainment, and other content; console gaming; automotive; medical; and commercial. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 196.60M
Enterprise Value 607.79M Income 66.27M Sales 163.13M
Book/sh 9.85 Cash/sh 4.75 Dividend Yield 5.04%
Payout 8.35% Employees — IPO —
P/E 3.32 Forward P/E 10.87 PEG —
P/S 1.21 P/B 0.61 P/C —
EV/EBITDA 10.55 EV/Sales 3.73 Quick Ratio 0.63
Current Ratio 1.55 Debt/Eq 56.89 LT Debt/Eq —
EPS (ttm) 1.80 EPS next Y 0.55 EPS Growth —
Revenue Growth — Earnings 2025-09-16 16:00 ROA 5.00%
ROE 19.55% ROIC — Gross Margin 74.81%
Oper. Margin 4.07% Profit Margin 40.62% Shs Outstand 32.88M
Shs Float 26.74M Short Float 11.16% Short Ratio 8.52
Short Interest — 52W High 8.51 52W Low 5.65
Beta 0.87 Avg Volume 474.23K Volume 270.13K
Target Price $13.50 Recom None Prev Close $5.94
Price $5.98 Change 0.67%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$13.50
Mean price target
2. Current target
$5.98
Latest analyst target
3. DCF / Fair value
$-97.93
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.98
Low
$13.50
High
$13.50
Mean
$13.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-10-15 main BWS Financial Buy → Buy $14
2025-03-13 main BWS Financial Buy → Buy $14
2025-03-13 main Craig-Hallum Buy → Buy $11
2025-02-05 main BWS Financial Buy → Buy $14
2024-12-18 main BWS Financial Buy → Buy $14
2024-08-26 main BWS Financial Buy → Buy $14
2024-07-01 main BWS Financial Buy → Buy $11
2024-05-23 main BWS Financial Buy → Buy $11
2024-05-13 main BWS Financial Buy → Buy $11
2024-04-18 main BWS Financial Buy → Buy $11
2024-03-12 main BWS Financial Buy → Buy $11
2023-02-06 init BWS Financial — → Buy $11
2022-06-07 main Craig-Hallum — → Buy $10
2021-11-04 down Colliers Securities Buy → Neutral —
2019-05-14 up Dougherty & Co. Neutral → Buy —
2019-02-27 down B. Riley Securities Buy → Neutral —
2018-09-12 up Craig-Hallum Hold → Buy $15
2018-06-26 down Dougherty & Co. Buy → Neutral —
2018-06-18 down Craig-Hallum Buy → Hold —
2017-04-25 init Benchmark — → Buy $12
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 6588 — — Stock Award(Grant) at price 0.00 per share. MARTIN WILLIAM C Officer and Director — 2026-01-30 00:00:00 D
1 300000 — — Stock Award(Grant) at price 0.00 per share. SINGER ERIC B. Chief Executive Officer — 2026-01-02 00:00:00 D
2 17647 — — Stock Award(Grant) at price 0.00 per share. MARTIN WILLIAM C Officer and Director — 2025-11-14 00:00:00 D
3 7952 — — Stock Award(Grant) at price 0.00 per share. MARTIN WILLIAM C Officer and Director — 2025-10-31 00:00:00 D
4 7140 — — Stock Award(Grant) at price 0.00 per share. MARTIN WILLIAM C Officer and Director — 2025-07-31 00:00:00 D
5 5921 44585.0 — Sale at price 7.53 per share. DODSON J MICHAEL Chief Financial Officer — 2025-06-12 00:00:00 D
6 10239 — — Stock Award(Grant) at price 0.00 per share. MARTIN WILLIAM C Officer and Director — 2025-05-02 00:00:00 D
7 5968 — — Stock Award(Grant) at price 0.00 per share. MARTIN WILLIAM C Officer and Director — 2025-04-30 00:00:00 D
8 47638 357561.0 — Purchase at price 7.47 - 7.51 per share. SINGER ERIC B. Chief Executive Officer — 2025-03-21 00:00:00 D
9 27150 204982.0 — Purchase at price 7.55 per share. MARTIN WILLIAM C Officer and Director — 2025-03-20 00:00:00 D
Financials
Line Item2023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.00
TaxRateForCalcs0.210.210.28
NormalizedEBITDA17.99M24.56M17.87M
NetIncomeFromContinuingOperationNetMinorityInterest33.98M30.66M12.48M
ReconciledDepreciation67.00K140.00K99.00K
ReconciledCostOfRevenue4.00K88.00K
EBITDA17.99M24.56M17.87M
EBIT17.93M24.42M17.77M
NetInterestIncome25.01M2.84M374.00K
InterestIncome2.84M374.00K
NormalizedIncome33.98M30.66M12.48M
NetIncomeFromContinuingAndDiscontinuedOperation33.98M30.66M12.48M
TotalExpenses15.99M14.04M17.31M
TotalOperatingIncomeAsReported17.93M24.42M17.77M
DilutedAverageShares32.54M33.51M31.77M
BasicAverageShares32.21M33.28M31.46M
DilutedEPS1.040.920.39
BasicEPS1.050.920.40
DilutedNIAvailtoComStockholders33.98M30.66M12.48M
NetIncomeCommonStockholders33.98M30.66M12.48M
NetIncome33.98M30.66M12.48M
NetIncomeIncludingNoncontrollingInterests33.98M30.66M12.48M
NetIncomeContinuousOperations33.98M30.66M12.48M
TaxProvision8.94M-3.70M4.81M
PretaxIncome42.91M26.96M17.29M
OtherIncomeExpense-20.00K-293.00K-859.00K
OtherNonOperatingIncomeExpenses-20.00K-293.00K-859.00K
NetNonOperatingInterestIncomeExpense25.01M2.84M374.00K
TotalOtherFinanceCost-25.01M-2.84M
InterestIncomeNonOperating2.84M374.00K
OperatingIncome17.93M24.42M17.77M
OperatingExpense15.99M14.04M17.23M
ResearchAndDevelopment281.00K1.38M4.15M
SellingGeneralAndAdministration15.71M12.66M13.08M
SellingAndMarketingExpense1.75M1.22M3.24M
GeneralAndAdministrativeExpense13.96M11.44M9.84M
OtherGandA13.96M11.44M9.84M
GrossProfit38.46M35.00M
CostOfRevenue4.00K88.00K
TotalRevenue33.92M38.46M35.09M
OperatingRevenue33.92M38.46M35.09M
Line Item2023-12-312022-12-312021-12-31
TreasurySharesNumber16.11M14.73M12.14M
OrdinarySharesNumber31.53M32.25M34.39M
ShareIssued47.64M46.97M46.53M
TotalDebt39.00K486.00K1.10M
TangibleBookValue183.10M157.70M141.29M
InvestedCapital183.10M157.70M141.29M
WorkingCapital153.14M142.40M136.69M
NetTangibleAssets183.10M157.70M141.29M
CapitalLeaseObligations39.00K486.00K1.10M
CommonStockEquity183.10M157.70M141.29M
TotalCapitalization183.10M157.70M141.29M
TotalEquityGrossMinorityInterest183.10M157.70M141.29M
StockholdersEquity183.10M157.70M141.29M
GainsLossesNotAffectingRetainedEarnings1.70M202.00K412.00K
OtherEquityAdjustments1.70M202.00K412.00K
TreasuryStock104.74M95.20M81.73M
RetainedEarnings-36.04M-70.02M-100.68M
CapitalStock322.18M322.71M323.30M
CommonStock322.18M322.71M323.30M
TotalLiabilitiesNetMinorityInterest32.63M32.41M34.23M
TotalNonCurrentLiabilitiesNetMinorityInterest13.32M14.48M17.59M
OtherNonCurrentLiabilities4.93M1.86M896.00K
NonCurrentDeferredLiabilities8.39M12.63M16.70M
NonCurrentDeferredRevenue8.39M12.63M16.70M
CurrentLiabilities19.31M17.93M16.63M
OtherCurrentLiabilities8.64M5.07M8.09M
CurrentDeferredLiabilities4.24M4.77M4.83M
CurrentDeferredRevenue4.24M4.77M4.83M
CurrentDebtAndCapitalLeaseObligation39.00K486.00K1.10M
CurrentCapitalLeaseObligation39.00K486.00K1.10M
PensionandOtherPostRetirementBenefitPlansCurrent3.13M2.03M555.00K
PayablesAndAccruedExpenses3.27M5.58M2.06M
Payables3.27M5.58M2.06M
DividendsPayable1.49M4.21M
TotalTaxPayable1.73M1.28M2.06M
IncomeTaxPayable1.73M1.28M2.06M
AccountsPayable47.00K86.00K2.00K
TotalAssets215.73M190.11M175.52M
TotalNonCurrentAssets43.28M29.79M22.20M
OtherNonCurrentAssets11.00K36.00K
NonCurrentPrepaidAssets6.23M4.32M9.66M
NonCurrentDeferredAssets3.34M7.22M2.12M
NonCurrentDeferredTaxesAssets3.34M7.22M2.12M
NonCurrentAccountsReceivable110.00K545.00K1.75M
InvestmentsAndAdvances33.35M17.04M7.29M
OtherInvestments7.29M
InvestmentinFinancialAssets33.35M17.04M7.29M
AvailableForSaleSecurities33.35M17.04M7.29M
NetPPE247.00K653.00K1.36M
GrossPPE247.00K653.00K1.36M
OtherProperties247.00K653.00K1.36M
CurrentAssets172.45M160.32M153.32M
OtherCurrentAssets191.00K100.00K186.00K
PrepaidAssets1.92M1.58M798.00K
Receivables9.98M8.91M14.42M
OtherReceivables8.24M7.90M13.18M
AccountsReceivable1.74M1.00M1.24M
CashCashEquivalentsAndShortTermInvestments160.36M149.74M137.92M
OtherShortTermInvestments104.29M100.92M86.43M
CashAndCashEquivalents56.07M48.82M51.49M
CashEquivalents41.23M39.19M0.00
CashFinancial14.84M9.63M51.49M
Line Item2023-12-312022-12-312021-12-31
FreeCashFlow20.60M40.15M17.11M
RepurchaseOfCapitalStock-8.26M-13.24M0.00
IssuanceOfCapitalStock5.00K59.19M
CapitalExpenditure-30.00K-335.00K
IncomeTaxPaidSupplementalData1.79M1.41M88.00K
EndCashPosition56.07M48.82M51.49M
BeginningCashPosition48.82M51.49M59.52M
ChangesInCash7.25M-2.67M-8.03M
FinancingCashFlow-16.75M-13.41M62.20M
CashFlowFromContinuingFinancingActivities-16.75M-13.41M62.20M
NetOtherFinancingCharges-1.23M-173.00K
ProceedsFromStockOptionExercised160.00K0.003.01M
CashDividendsPaid-7.41M0.00
CommonStockDividendPaid-7.41M0.00
NetCommonStockIssuance-8.26M-13.24M59.19M
CommonStockPayments-8.26M-13.24M0.00
CommonStockIssuance5.00K59.19M
InvestingCashFlow3.40M-29.41M-87.68M
CashFlowFromContinuingInvestingActivities3.40M-29.41M-87.68M
NetOtherInvestingChanges-26.00K
NetInvestmentPurchaseAndSale3.40M-29.38M-87.35M
SaleOfInvestment193.75M135.98M36.08M
PurchaseOfInvestment-190.35M-165.36M-123.42M
NetPPEPurchaseAndSale-26.00K-335.00K
SaleOfPPE4.00K0.00
PurchaseOfPPE-30.00K-335.00K
OperatingCashFlow20.60M40.15M17.45M
CashFlowFromContinuingOperatingActivities20.60M40.15M17.45M
ChangeInWorkingCapital-4.18M6.98M-2.38M
ChangeInOtherWorkingCapital-4.77M-4.13M-4.98M
ChangeInOtherCurrentLiabilities2.44M-1.69M714.00K
ChangeInOtherCurrentAssets446.00K1.23M2.95M
ChangeInPayablesAndAccruedExpense1.06M1.56M-594.00K
ChangeInAccruedExpense1.10M1.47M-446.00K
ChangeInPayable-41.00K84.00K-148.00K
ChangeInAccountPayable-41.00K84.00K-148.00K
ChangeInPrepaidAssets-2.35M9.28M-713.00K
ChangeInReceivables-1.01M735.00K248.00K
OtherNonCashItems62.00K695.00K23.00K
StockBasedCompensation3.99M3.57M2.34M
AssetImpairmentCharge672.00K2.83M
DeferredTax3.53M-5.10M531.00K
DeferredIncomeTax3.53M-5.10M531.00K
DepreciationAmortizationDepletion67.00K140.00K99.00K
DepreciationAndAmortization67.00K140.00K99.00K
Depreciation67.00K140.00K99.00K
OperatingGainsLosses-16.84M3.20M1.52M
GainLossOnInvestmentSecurities-16.80M3.05M885.00K
NetForeignCurrencyExchangeGainLoss-43.00K145.00K635.00K
NetIncomeFromContinuingOperations33.98M30.66M12.48M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for IMMR
Date User Asset Broker Type Position Size Entry Price Patterns