Immersion (IMMR) Plunges 25% in a Month: Is It Time to Buy the Dip?
The recent dip in the Immersion (IMMR) stock could be a golden opportunity for investors, given its robust fundamentals and promising growth trajectory.
Immersion Corporation: Cheap For Good Reason - Hold
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.
Immersion (IMMR) Q2 Earnings and Revenues Surpass Estimates
Immersion (IMMR) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.21 per share a year ago.
Immersion (IMMR) Stock Falls Amid Market Uptick: What Investors Need to Know
Immersion (IMMR) closed the most recent trading day at $10.59, moving -1.21% from the previous trading session.
Is Immersion (IMMR) Stock Outpacing Its Computer and Technology Peers This Year?
Here is how Immersion (IMMR) and TSMC (TSM) have performed compared to their sector so far this year.
Should You Invest In Immersion (IMMR) Ahead of Q2 Earnings?
Immersion's (IMMR) second-quarter performance is likely to have benefited from the increasing demand for its touch feedback technology across the gaming, automotive and consumer electronics sectors.
4 Computer Peripheral Stocks to Watch Amid Prospering Industry Trends
The Zacks Computer-Peripheral Equipment industry participants like LOGI, LPL, IMMR and TACT are likely to benefit from the growing demand for professional gaming accessories, touchscreen devices, smart glasses, 3D printed health equipment and recovery in PC sales.
Immersion (IMMR) Hits 52-Week High: What's Next for Investors?
Immersion's (IMMR) unique products, competitive advantage, continuous deal wins and robust financial performance make it an attractive investment opportunity.
Immersion (IMMR) Stock Jumps 7.7%: Will It Continue to Soar?
Immersion (IMMR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
BitMine Immersion Technologies, Inc. Comments on 2024 Third Quarter Results
ATLANTA, GA / ACCESSWIRE / July 16, 2024 / BitMine Immersion Technologies, Inc. ("BitMine" or "the Company") (OTCQX:BMNR) is pleased to announce that it reported revenues of $1.225 million and $2,628 million in the three and nine months ended May 31, 2024, respectively, as compared to revenues of $142,126 and $399,932 in the three and nine months ended May 31, 2023, respectively. Revenues in the three months ended May 31, 2024 represented a 37% increase from the previous quarter and an 862% increase from the revenues in the same period of the previous year.
Immersion: A Value Play In A Unique Market Segment
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.
Best Momentum Stocks to Buy for July 5th
MTZ, IMMR and SPOT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 5, 2024.
