Overview Dividends

(IMMR) Immersion - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4525211078

Haptic Software, Patents, Licensing, Automotive Touch, Gaming

Technology Hardware, Storage & Peripherals
Market Cap in USD: 216m
IPO / Inception: 1999-11-12
Return 12m vs S&P 500: -31.6%

EPS (Earnings per Share)

EPS (Earnings per Share) of IMMR over the last years for every Quarter: "2020-12": 0.29, "2021-03": 0.1, "2021-06": 0.23, "2021-09": 0.15, "2021-12": 0.17, "2022-03": 0.2, "2022-06": -0.03, "2022-09": 0.28, "2022-12": 0.45, "2023-03": 0.33, "2023-06": 0.28, "2023-09": 0.12, "2023-12": 0.52, "2024-03": 0.594, "2024-06": 0.89, "2024-09": 0.148, "2024-12": 0.63, "2025-03": 0.63, "2025-06": 0, "2025-09": 0.082,
EPS CAGR: -17.67%
EPS Trend: 21.5%
Last SUE: -0.18
Qual. Beats: 0

Revenue

Revenue of IMMR over the last years for every Quarter: 2020-12: 10.935, 2021-03: 7.159, 2021-06: 11.01, 2021-09: 7.173, 2021-12: 9.747, 2022-03: 7.308, 2022-06: 7.983, 2022-09: 14.006, 2022-12: 9.164, 2023-03: 7.074, 2023-06: 6.983, 2023-09: 9.482, 2023-12: 10.38, 2024-03: 43.847, 2024-06: 99.424, 2024-09: 616.249, 2024-12: 474.762, 2025-03: null, 2025-06: null, 2025-09: null,
Rev. CAGR: 206.03%
Rev. Trend: 75.4%
Last SUE: 4.00
Qual. Beats: 3

Dividends

Dividend Yield 6.64%
Yield on Cost 5y 5.27%
Yield CAGR 5y 50.00%
Payout Consistency 100.0%
Payout Ratio 30.2%
Risk via 5d forecast
Volatility 39.0%
Value at Risk 5%th 57.8%
Relative Tail Risk -9.95%
Reward TTM
Sharpe Ratio -0.57
Alpha -36.73
CAGR/Max DD -0.01
Character TTM
Hurst Exponent 0.228
Beta 1.068
Beta Downside 0.899
Drawdowns 3y
Max DD 55.70%
Mean DD 26.78%
Median DD 25.32%

Description: IMMR Immersion October 28, 2025

Immersion Corporation (NASDAQ:IMMR) is a Florida-based IP licensor that monetizes its patented haptic-feedback technology across a broad set of end-markets-including mobile devices, wearables, gaming consoles, automotive infotainment, and medical equipment-by providing software SDKs, integration tools, and technical support to OEMs and developers worldwide.

Key recent data points: (1) FY 2024 licensing revenue grew ~12% YoY to roughly $70 million, reflecting expanding adoption in smartphones and AR/VR headsets; (2) the global haptic-technology market is projected to reach $13 billion by 2028, driven by rising consumer demand for immersive experiences and automotive safety-system integration; (3) Immersion’s top licensees now include Samsung, Sony, and Tesla, indicating concentration of revenue among a few large partners, which amplifies both upside potential and counter-party risk.

If you want a data-rich, third-party perspective on how Immersion’s valuation stacks up against sector peers, a quick look at ValueRay’s analyst framework can help you spot any pricing gaps before you dive deeper.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (90.2m TTM) > 0 and > 6% of Revenue (6% = 74.1m TTM)
FCFTA -0.06 (>2.0%) and ΔFCFTA -15.82pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 31.38% (prev 451.5%; Δ -420.1pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.06 (>3.0%) and CFO -77.8m <= Net Income 90.2m (YES >=105%, WARN >=100%)
Net Debt (244.5m) to EBITDA (177.2m) ratio: 1.38 <= 3.0 (WARN <= 3.5)
Current Ratio 1.72 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (33.1m) change vs 12m ago 1.06% (target <= -2.0% for YES)
Gross Margin 29.08% (prev 98.97%; Δ -69.89pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 155.6% (prev 15.72%; Δ 139.9pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 16.19 (EBITDA TTM 177.2m / Interest Expense TTM 9.62m) >= 6 (WARN >= 3)

Altman Z'' 3.33

(A) 0.28 = (Total Current Assets 926.0m - Total Current Liabilities 538.6m) / Total Assets 1.37b
(B) 0.03 = Retained Earnings (Balance) 41.7m / Total Assets 1.37b
(C) 0.20 = EBIT TTM 155.6m / Avg Total Assets 793.1m
(D) 0.05 = Book Value of Equity 43.7m / Total Liabilities 804.2m
Total Rating: 3.33 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 67.31

1. Piotroski 5.0pt
2. FCF Yield -22.35%
3. FCF Margin -6.96%
4. Debt/Equity 1.01
5. Debt/Ebitda 1.38
6. ROIC - WACC (= 16.54)%
7. RoE 33.99%
8. Rev. Trend 75.41%
9. EPS Trend 21.52%

What is the price of IMMR shares?

As of December 30, 2025, the stock is trading at USD 6.80 with a total of 381,991 shares traded.
Over the past week, the price has changed by +6.08%, over one month by +1.49%, over three months by -6.62% and over the past year by -19.03%.

Is IMMR a buy, sell or hold?

Immersion has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy IMMR.
  • Strong Buy: 1
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the IMMR price?

Issuer Target Up/Down from current
Wallstreet Target Price 13.5 98.5%
Analysts Target Price 13.5 98.5%
ValueRay Target Price 7 3.1%

IMMR Fundamental Data Overview December 26, 2025

Market Cap USD = 216.1m (216.1m USD * 1.0 USD.USD)
P/E Trailing = 3.5944
P/E Forward = 16.0256
P/S = 1.3886
P/B = 0.6912
P/EG = -0.45
Beta = 0.879
Revenue TTM = 1.23b USD
EBIT TTM = 155.6m USD
EBITDA TTM = 177.2m USD
Long Term Debt = 141.2m USD (from longTermDebt, last quarter)
Short Term Debt = 74.5m USD (from shortTermDebt, last quarter)
Debt = 322.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 244.5m USD (from netDebt column, last quarter)
Enterprise Value = 384.4m USD (216.1m + Debt 322.1m - CCE 153.9m)
Interest Coverage Ratio = 16.19 (Ebit TTM 155.6m / Interest Expense TTM 9.62m)
FCF Yield = -22.35% (FCF TTM -85.9m / Enterprise Value 384.4m)
FCF Margin = -6.96% (FCF TTM -85.9m / Revenue TTM 1.23b)
Net Margin = 7.31% (Net Income TTM 90.2m / Revenue TTM 1.23b)
Gross Margin = 29.08% ((Revenue TTM 1.23b - Cost of Revenue TTM 875.3m) / Revenue TTM)
Gross Margin QoQ = 22.29% (prev 24.46%)
Tobins Q-Ratio = 0.28 (Enterprise Value 384.4m / Total Assets 1.37b)
Interest Expense / Debt = 1.29% (Interest Expense 4.17m / Debt 322.1m)
Taxrate = 47.27% (17.4m / 36.8m)
NOPAT = 82.1m (EBIT 155.6m * (1 - 47.27%))
Current Ratio = 1.72 (Total Current Assets 926.0m / Total Current Liabilities 538.6m)
Debt / Equity = 1.01 (Debt 322.1m / totalStockholderEquity, last quarter 319.2m)
Debt / EBITDA = 1.38 (Net Debt 244.5m / EBITDA 177.2m)
Debt / FCF = -2.85 (negative FCF - burning cash) (Net Debt 244.5m / FCF TTM -85.9m)
Total Stockholder Equity = 265.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.58% (Net Income 90.2m / Total Assets 1.37b)
RoE = 33.99% (Net Income TTM 90.2m / Total Stockholder Equity 265.4m)
RoCE = 38.27% (EBIT 155.6m / Capital Employed (Equity 265.4m + L.T.Debt 141.2m))
RoIC = 20.94% (NOPAT 82.1m / Invested Capital 391.8m)
WACC = 4.40% (E(216.1m)/V(538.3m) * Re(9.95%) + D(322.1m)/V(538.3m) * Rd(1.29%) * (1-Tc(0.47)))
Discount Rate = 9.95% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.45%
Fair Price DCF = unknown (Cash Flow -85.9m)
EPS Correlation: 21.52 | EPS CAGR: -17.67% | SUE: -0.18 | # QB: 0
Revenue Correlation: 75.41 | Revenue CAGR: 206.0% | SUE: 4.0 | # QB: 3
EPS next Year (2025-12-31): EPS=0.64 | Chg30d=-0.230 | Revisions Net=-1 | Growth EPS=-76.0% | Growth Revenue=+88.4%

Additional Sources for IMMR Stock

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