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Company

IMMERSION CORP

Ticker
IMMR
Sector
Industry
Report date
May 4, 2026
Valye AI Score

100

Very high visibility
Recent developments
Recent developments summary

Recent news coverage highlights Immersion Corporation's industry positioning, analyst recommendations, and Nasdaq listing compliance status.

Recent developments:
  • The company declared a quarterly cash dividend of $0.075 per share payable May 1, 2026, subject to board approval and capital allocation review [N1].
  • BWS Financial maintained a buy recommendation for Immersion, highlighting its position in the market [N2].
  • Industry outlooks from Zacks and other sources have featured Immersion among notable companies in the computer peripheral equipment sector [N3][N4][N5].
  • The Nasdaq Hearings Panel granted the company continued listing on Nasdaq subject to compliance with listing rules, with the company working to regain compliance with SEC filing requirements [S16].
  • Recent news articles discuss Immersion's market performance relative to broader indices and provide facts relevant to investors [N6][N7].
Overview

Immersion Corporation operates in the technology sector, focusing on licensing and development of haptic technology and related intellectual property. The company holds various license agreements with major technology firms such as Microsoft, Apple, and Samsung. It maintains equity incentive plans and has disclosed change of control and severance agreements with key executives. The company is headquartered in Aventura, Florida, and its common stock trades on the Nasdaq Global Market under the symbol IMMR. Financial disclosures indicate a strong liquidity position as of early 2026, with ongoing net losses reported in recent quarters. The company pays quarterly dividends subject to board approval and capital allocation strategy.

Executive summary

Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice. Immersion Corporation is a Delaware-based company trading on Nasdaq under ticker IMMR. As of January 31, 2026, the company held $129.8 million in cash and equivalents and $48.1 million in short-term investments, with a current ratio of 1.83. The company reported a net loss of $10.3 million and EPS of -$0.31 for the quarter ended January 31, 2026. Recent news highlights include industry outlooks and buy recommendations, as well as Nasdaq listing compliance updates.

Scenarios for IMMR

Bull case model:

The company benefits from its strong intellectual property portfolio and established licensing agreements with major technology firms, which can provide steady revenue streams. Industry coverage highlights Immersion as a notable player in the computer peripheral equipment sector, with buy recommendations from financial analysts. The company’s liquidity position is solid, supporting ongoing operations and potential strategic initiatives. Dividend payments indicate a commitment to returning value to shareholders. Continued compliance with Nasdaq listing requirements supports market confidence.

Bear case model:

Immersion Corporation has reported net losses and negative earnings per share in recent quarters, indicating challenges in achieving profitability. The latest revenue figure available is from 2018, suggesting limited recent revenue disclosure or growth. The company faces risks related to regulatory compliance, as indicated by Nasdaq listing qualification notices and the need to file delayed reports. Market competition and technology shifts could pressure licensing revenues. Dividend payments are subject to board discretion and capital allocation priorities, which may change. The company’s financial performance and market position require ongoing monitoring.

Moat:

Immersion Corporation's moat is primarily based on its portfolio of intellectual property and licensing agreements with major technology companies. Its established relationships and contracts with industry leaders such as Microsoft, Apple, and Samsung provide a competitive advantage in the haptic technology space. The company's patents and proprietary technology create barriers to entry for competitors and support recurring licensing revenue streams. However, the company faces risks related to technology adoption, competitive pressures, and the need to maintain and enforce its intellectual property rights.

Risks overview
Risks summary
The most significant risks for Immersion Corporation relate to regulatory compliance with Nasdaq and SEC requirements, ongoing financial losses, and competitive pressures in the technology licensing market.
Risks details:

• Regulatory and Listing Compliance Risks: The company has received notices from Nasdaq regarding delayed SEC filings and must demonstrate compliance to maintain its listing, posing risks to market access and investor confidence [S16].
• Financial Performance Risks: Recent quarters show net losses and negative EPS, indicating challenges in profitability and potential cash flow constraints [S2].
• Market and Competitive Risks: The technology and licensing markets are competitive and subject to rapid change, which may impact the company's ability to maintain and grow licensing revenues.
• Dependence on Key Agreements: The company's business relies on license agreements with major technology firms; changes or terminations of these agreements could materially affect revenues.

FINAL FORECAST FOR IMMR

Final take one line
Immersion Corporation has detailed SEC disclosures and active industry coverage, showing strong visibility into its licensing business, financial condition, and regulatory compliance status.
Final take 12 to 24 month view

Business trends: The company operates in the haptic technology licensing sector with ongoing industry analyst coverage and maintains relationships with major technology firms.
Execution milestones: Continued Nasdaq listing compliance efforts, quarterly dividend declarations, and maintenance of licensing agreements.
Key risks: Regulatory compliance challenges, ongoing net losses, competitive pressures, and dependence on key licensing contracts.

Valye AI Visibility Research Score

Very high visibility

Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).

100
LLM visibility overview
LLM Visibility known facts
  • Immersion Corporation is a Delaware corporation with common stock trading on the Nasdaq Global Market under the ticker IMMR [S1].
  • As of March 4, 2026, the company had 32,921,888 shares of common stock outstanding [S1].
  • The company is not a shell company and is not an emerging growth company as defined by SEC rules [S1].
  • Immersion Corporation's principal executive offices are located at 2999 N.E. 191st Street, Suite 610, Aventura, FL 33180 [S1].
  • The company reported cash and cash equivalents of $129.8 million and short-term investments of $48.1 million as of January 31, 2026 [S2].
  • Current assets were $1.013 billion and current liabilities were $554.0 million as of January 31, 2026, resulting in a current ratio of 1.83 and a cash ratio of 0.32 [S2].
  • For the quarter ended January 31, 2026, the company reported a net loss of $10.3 million and basic and diluted EPS of -$0.31 [S2].
  • The latest available annual revenue figure is $10.9 million for the fiscal year ended December 31, 2018 [S2].
  • The company has disclosed various agreements and contracts including license agreements with Microsoft, Apple, and Samsung, as well as equity incentive plans and change of control agreements [S1].
  • Immersion Corporation has disclosed risk factors in its quarterly and annual SEC filings, emphasizing the importance of reviewing these disclosures for understanding risks affecting the business [S2].
  • The company declared a quarterly cash dividend of $0.075 per share payable May 1, 2026, subject to board approval and capital allocation review [S8].
  • Recent news coverage highlights the company in the context of the computer peripheral equipment industry and small-cap stocks, with buy recommendations and industry outlook mentions [N2][N3][N4][N5].
  • The Nasdaq Hearings Panel granted the company continued listing on Nasdaq subject to compliance with listing rules, with the company working to regain compliance with SEC filing requirements [N1][S16].
Sources
Sources - Context summary

Generated 2026-05-04

Sources - Earning calls
Sources - Other context
Sources - SEC Filings
  • S1 | 2026-03-13 | 10-K/A
  • S2 | 2026-05-01 | 10-Q
Sources - News headlines
  • N1 | 2026-04-16 | www.nasdaq.com | Ex-Div Reminder for Immersion (IMMR) | https://www.nasdaq.com/articles/ex-div-reminder-immersion-immr
  • N2 | 2025-10-16 | www.nasdaq.com | BWS Financial Maintains Immersion (IMMR) Buy Recommendation | https://www.nasdaq.com/articles/bws-financial-maintains-immersion-immr-buy-recommendation
  • N3 | 2025-09-30 | www.nasdaq.com | Zacks Industry Outlook Highlights Logitech, Immersion, Identiv and TransAct | https://www.nasdaq.com/articles/zacks-industry-outlook-highlights-logitech-immersion-identiv-and-transact
  • N4 | 2025-09-29 | www.nasdaq.com | 4 Computer Peripheral Equipment Stocks in Focus in a Thriving Industry | https://www.nasdaq.com/articles/4-computer-peripheral-equipment-stocks-focus-thriving-industry
  • N5 | 2025-09-24 | www.nasdaq.com | 3 Small-Cap Stocks to Watch After the Fed’s Rate Cuts | https://www.nasdaq.com/articles/3-small-cap-stocks-watch-after-feds-rate-cuts
  • N6 | 2025-08-12 | www.nasdaq.com | Immersion (IMMR) Outperforms Broader Market: What You Need to Know | https://www.nasdaq.com/articles/immersion-immr-outperforms-broader-market-what-you-need-know
  • N7 | 2025-08-04 | www.nasdaq.com | Immersion (IMMR) Rises Yet Lags Behind Market: Some Facts Worth Knowing | https://www.nasdaq.com/articles/immersion-immr-rises-yet-lags-behind-market-some-facts-worth-knowing
  • N8 | 2025-07-09 | www.nasdaq.com | Zacks Industry Outlook Highlights LG Display, Immersion and TransAct | https://www.nasdaq.com/articles/zacks-industry-outlook-highlights-lg-display-immersion-and-transact
Important legal disclaimer

This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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