Wall Street Zen Downgrades Immersion (NASDAQ:IMMR) to Sell

Posted by Francis Steltz on Jul 22nd, 2026

Immersion (NASDAQ:IMMR – Get Free Report) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Monday.

A number of other research analysts have also weighed in on the stock. Zacks Research raised shares of Immersion to a “hold” rating in a research note on Friday, May 8th. Weiss Ratings lowered Immersion from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $13.50.

Get Our Latest Stock Analysis on Immersion

Immersion Price Performance

Shares of NASDAQ IMMR opened at $6.52 on Monday. The firm has a 50-day simple moving average of $6.55 and a 200-day simple moving average of $6.34. The stock has a market capitalization of $215.81 million, a price-to-earnings ratio of 326.00 and a beta of 1.02. The company has a quick ratio of 1.16, a current ratio of 1.83 and a debt-to-equity ratio of 0.25. Immersion has a 52 week low of $5.25 and a 52 week high of $7.66.

Immersion (NASDAQ:IMMR – Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The software maker reported ($0.31) earnings per share for the quarter. The business had revenue of $518.49 million during the quarter. Immersion had a negative return on equity of 4.54% and a negative net margin of 0.97%. On average, equities analysts predict that Immersion will post -0.04 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Immersion

A number of hedge funds have recently made changes to their positions in IMMR. Kanen Wealth Management LLC raised its position in Immersion by 51.0% in the first quarter. Kanen Wealth Management LLC now owns 709,000 shares of the software maker’s stock valued at $3,871,000 after purchasing an additional 239,318 shares during the period. Millennium Management LLC boosted its position in shares of Immersion by 121.5% during the third quarter. Millennium Management LLC now owns 536,733 shares of the software maker’s stock worth $3,940,000 after buying an additional 294,393 shares during the period. Qube Research & Technologies Ltd boosted its position in shares of Immersion by 20.5% during the second quarter. Qube Research & Technologies Ltd now owns 501,563 shares of the software maker’s stock worth $3,952,000 after buying an additional 85,196 shares during the period. Squarepoint Ops LLC grew its stake in shares of Immersion by 5.6% in the fourth quarter. Squarepoint Ops LLC now owns 299,224 shares of the software maker’s stock valued at $2,035,000 after buying an additional 15,993 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Immersion by 5.9% in the first quarter. Bank of New York Mellon Corp now owns 296,024 shares of the software maker’s stock valued at $1,616,000 after buying an additional 16,571 shares in the last quarter. Hedge funds and other institutional investors own 60.57% of the company’s stock.

Immersion Company Profile

(Get Free Report)

Immersion Corporation is a technology company specializing in the development and licensing of haptic feedback solutions. The company’s proprietary software and hardware technologies enable devices to simulate the sense of touch, enhancing user experiences across a range of electronic products. Immersion’s core offerings include touch-feedback algorithms, software development kits, and reference designs that can be integrated into smartphones, gaming controllers, wearable devices, automotive infotainment systems, medical simulators and virtual or augmented reality platforms.

Since its founding in 1993, Immersion has built an extensive intellectual property portfolio of more than 950 issued patents worldwide.