Immersion Corp. (IMMR)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
$7.71+1.98%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
Broken: Primary pillar broken — Sustain revenue growth to support business recovery: rev $270M vs $518M target.
Immersion grew revenue from $292M to $518M in nine months. Profit rose from a $26M loss to $5M gain. The company pays a steady dividend of $0.075 per share. It is fixing its business and avoiding delisting.
Immersion faces delisting risks and weak cash flow. It is still unprofitable. Revenue growth may stall and hurt recovery.
The market values Immersion cheaply with a fair value near $37. The stock price reflects risks from weak profits and listing issues. Our view sees potential if the turnaround succeeds.
Breaks if: Dividend is cut below $0.075 per share
Breaks if: Company is delisted or fails to meet Nasdaq rules
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a speculative growth opportunity with some volatility. The current thesis state suggests that while there are risks, the recent financial performance has been relatively strong within its industry.
The market seems to price in a low level of fragility due to weak execution quality, but not the full extent of potential turbulence. Valuation appears cheap compared to peers, indicating that expectations may be modest.
Management is focused on protecting and monetizing its intellectual property, which could support revenue growth. However, there are ongoing regulatory compliance challenges that pose risks to stability.
The future performance hinges on whether management can maintain compliance with Nasdaq requirements and if sector leaders continue to show strong earnings. Additionally, changes in interest rates by the Fed could impact the broader tech market.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Address regulatory compliance issues to satisfy Nasdaq listing rules and avoid delisting risks.
Stated as a priority in 2 of last 2 quarters. The company received multiple Nasdaq notices for failure to file required reports, indicating ongoing regulatory compliance challenges. Management has acknowledged these issues but financial filings show no resolution yet. The trajectory is stagnant with continued regulatory risk.
“Received Staff Determination Letter from Nasdaq Listing Qualifications Staff based on non-compliance with Nasdaq Listing Rule 5250(c)(1).”
“Received additional delinquency notice from Nasdaq Listing Qualifications Staff based on failure to file Quarterly Report on Form 10-Q.”
Breaks if: operating income falls below -$26M in any quarter after 2026-Q3
Breaks if: revenue falls below $292M in any quarter after 2026-Q3
Over the next 1 to 3 years, IMMR's performance will depend on its ability to navigate regulatory challenges and capitalize on sector momentum. Not investment advice.