Analyst Price Target is $10.00
▲ +70.36% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Immersion in the last 3 months. The average price target is $10.00, with a high forecast of $10.00 and a low forecast of $10.00. The average price target represents a 70.36% upside from the last price of $5.87.
Current Consensus is
The current consensus among 2 polled investment analysts is to buy stock in Immersion. This rating has held steady since May 2022, when it changed from a Hold consensus rating.
Immersion Corporation, together with its subsidiaries, invents, scales, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects in content. In addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. The company offers its products to mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR); automotive; and other markets. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.