Stocks · Technology · Software - Application
Immersion Corporation IMMR
$7.27 -1.62% Close, Oct 5, 2026 · NASDAQ · Market cap $245.3M
Inexpensive vs sector
Next earnings report: Apr 12, 2027
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $0.33, down 86.1% year over year.
- The shares trade at 22.0× trailing earnings, higher than 88% of the company's own readings over the past five years.
- Earnings beat analyst estimates in each of the last 5 quarters (average surprise over the last four: +100.0%).
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 27%
- EPS growth (TTM, YoY)Bottom 14%
- Revenue growth, 3-year CAGRTop 1%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 44%
- Gross marginBottom 13%
- Operating marginBottom 40%
- Cash conversion (OCF / net income)Top 11%
- Accruals (lower is better)Bottom 45%
- Net debt / EBITDA (lower is better)Bottom 40%
- Interest coverBottom 45%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 18%
- Free-cash-flow yieldTop 2%
- EBITDA / enterprise valueTop 2%
- Sales / enterprise valueTop 1%
- P/E vs own 5-year history (lower is better)Bottom 19%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 50%
- 6-month returnTop 48%
- 1-year return vs S&P 500Bottom 47%
- Distance from 52-week highTop 20%
- Trend checklist (0–4)Bottom 38%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 4%
- Consecutive EPS beatsTop 37%
- Share of analysts rating BuyBottom 42%
- Upside to consensus price targetTop 40%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 27%
- Maximum drawdown, 3 yearsTop 46%
- Beta vs S&P 500 (lower is better)Top 43%
- Net debt / EBITDA (lower is better)Bottom 40%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Gross margin | 88.3% | 20.3% | ↓ |
| Operating margin | 4.7% | 1.7% | ↓ |
| FCF margin | -2.8% | 3.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 4.1% | — | Bottom 27% | |
| EPS growth (TTM, YoY) | -86.1% | — | Bottom 14% | |
| Gross margin | 20.3% | 88.3% | ↓ | Bottom 13% |
| Operating margin | 1.7% | 4.7% | ↓ | Bottom 40% |
| Net margin | 0.6% | 2.2% | ↓ | — |
| Free-cash-flow margin | 3.5% | -2.8% | ↑ | — |
| Return on invested capital | 1.5% | — | Bottom 44% | |
| Revenue growth, 3-year CAGR | 255.7% | — | Top 1% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +11.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.14×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 4.31%
- Net buyback yield (TTM)
- 0.09%
- Shareholder yield
- 4.40%
- Share count change, 1 year
- +2.1%
- Share count change, 3-year CAGR
- +0.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 31, 2026 (filed Sep 14, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 5
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- -0.1%
- Positive 20 days after report
- 4 of 6
Analysts
- Consensus price target
- $10.00
- Target vs current price
- +37.6%
- Analysts with a rating
- 15
- Share rating Buy or Strong Buy
- 60%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Sep 14, 2026 | +209.1% | -2.6% | -2.6% | — | — |
| Sep 14, 2026 | +809.1% | -2.6% | -2.6% | — | — |
| Jul 24, 2026 | +140.0% | -1.2% | +12.3% | +17.0% | — |
| Apr 13, 2026 | +112.3% | +0.2% | +15.4% | +19.5% | +19.7% |
| Aug 19, 2025 | +2.5% | -1.1% | -3.0% | +0.3% | -3.7% |
| May 14, 2025 | -137.5% | -0.5% | -1.6% | +3.9% | -7.5% |
| Mar 12, 2025 | +235.7% | +0.5% | -2.3% | -14.6% | -0.1% |
| Dec 16, 2024 | +144.1% | +6.3% | -0.7% | -3.8% | -16.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Sep 14, 2026 | $0.50 | $0.06 | +809.1% | $294.4M |
| Sep 14, 2026 | $0.17 | $0.06 | +209.1% | — |
| Jul 24, 2026 | $0.12 | $0.05 | +140.0% | $270.0M |
| Apr 13, 2026 | $0.31 | $0.15 | +112.3% | $518.5M |
| Aug 19, 2025 | $0.08 | $0.08 | +2.5% | $650.2M |
| May 14, 2025 | -$0.03 | $0.08 | -137.5% | $292.0M |
| Mar 12, 2025 | $0.47 | $0.14 | +235.7% | $474.8M |
| Dec 16, 2024 | $0.83 | $0.34 | +144.1% | $99.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 22.0× | 10.0× | 88th | Top 18% |
| P/E (forward) | 28.4× | — | — | — |
| EV / EBITDA | 4.4× | — | — | Top 2% |
| EV / Sales | 0.19× | — | — | Top 1% |
| Free-cash-flow yield | 24.92% | — | — | Top 2% |
| Earnings yield | 4.54% | — | — | Top 18% |
P/E over the past five years
Range 2.5× – 50.1× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -0.7%
- Earnings per share growth (TTM)
- -86.1%
- Change in P/E multiple
- +323.4%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 54
- 50-day average slope (20 days)
- +3.6%
- 200-day average slope (20 days)
- +1.0%
- Distance from 50-day average
- -2.7%
- Distance from 200-day average
- +9.4%
- RSI (14)
- 46.9
- Relative volume
- 0.69×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 46.0%
- Volatility vs own 5-year history
- 60th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.31
- Correlation with S&P 500
- 0.57
- Current drawdown from 1-year high
- -6.7%
- Maximum drawdown, 3 years
- -59.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 9, 2021 | May 9, 2022 | -72.3% | 314 days | Not yet recovered |
| Dec 29, 2020 | Jan 4, 2021 | -16.9% | 3 days | 11 days (Jan 20, 2021) |
| Jan 26, 2021 | Jan 29, 2021 | -15.0% | 3 days | 6 days (Feb 8, 2021) |
| Oct 13, 2020 | Oct 30, 2020 | -13.5% | 13 days | 3 days (Nov 4, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $245.3M
- P/E (TTM)
- 22.0
- EPS, diluted (TTM)
- $0.33
- Revenue (TTM)
- $1.73B
- Dividend yield
- 4.75%
- 52-week range
- $5.25 – $8.05
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $35.1M | $38.5M | $33.9M | $1.56B | $1.73B |
| Gross profit | $35.0M | $38.5M | $33.9M | $1.48B | $325.1M |
| Operating income | $17.8M | $24.4M | $17.9M | $117.9M | $28.1M |
| Net income | $12.5M | $30.7M | $34.0M | $64.3M | $4.5M |
| EPS (diluted) | $0.39 | $0.92 | $1.04 | $4.11 | $0.14 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $616.2M | $474.8M | $281.4M | $292.0M | $650.2M | $518.5M | $270.0M | $294.4M |
| Net income | $27.2M | $15.5M | -$5.5M | -$930,000 | $12.0M | -$10.3M | $3.7M | $4.9M |
| EPS (diluted) | $2.16 | $0.47 | -$0.22 | -$0.03 | $0.36 | -$0.31 | $0.11 | $0.17 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $17.4M | $40.1M | $20.6M | -$57.6M | -$24.8M |
| Capital expenditure | -$335,000 | -$30,000 | $0 | -$11.2M | -$11.8M |
| Free cash flow | $17.1M | $40.1M | $20.6M | -$68.8M | -$36.6M |
| Dividends paid | $0 | $0 | -$7.4M | -$12.9M | -$5.5M |
| Net share buybacks | $59.2M | -$13.2M | -$8.3M | -$2.4M | -$3.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $220.9M
- Total assets
- $1.18B
- Total liabilities
- $617.3M
- Total debt
- $272.8M
- Net debt
- $86.6M
- Shareholders’ equity
- $299.0M
As of Jul 31, 2026 (filed Sep 14, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 16, 2026 | $0.08 | Oct 30, 2026 |
| Jul 20, 2026 | $0.08 | Jul 31, 2026 |
| Apr 20, 2026 | $0.08 | May 1, 2026 |
| Jan 16, 2026 | $0.08 | Jan 30, 2026 |
| Oct 20, 2025 | $0.05 | Oct 31, 2025 |
| Jul 23, 2025 | $0.05 | Aug 8, 2025 |
| Apr 14, 2025 | $0.05 | Apr 25, 2025 |
| Jan 10, 2025 | $0.25 | Jan 24, 2025 |
Short interest
- Shares sold short
- 2,275,071
- Days to cover
- 7.48
- Change vs previous report
- -0.6%
FINRA short interest, settlement date Sep 15, 2026.