Metaverse market forecasts are all over the place but the consensus points to upwards of 25% growth through 2031. These projections make it one of the fastest-growing industries, and those involved in the space are set to rake in millions. Moreover, HSBC (NYSE:HSBC) recently launched a fund to capitalize on metaverse opportunities, targeting high-ticket clients in Hong Kong and Singapore. Roblox (RBLX) Source: Michael Vi / Shutterstock.com Roblox (NYSE:RBLX) is one of the "OG" metaverse plays, enabling its ...

Metaverse stocks to buy have emerged as compelling investment opportunities. Despite the controversy surrounding them, these companies are at the forefront of redefining how we interact with the internet and shaping the future of online experiences. From cryptocurrencies and non-fungible tokens (NFTs) to virtual concert tickets and immersive gaming experiences, the metaverse is becoming an increasingly integral part of our lives. Investors looking to capitalize on the growth potential of the metaverse shoul ...

Investors might want to bet on Immersion (IMMR) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this touch-based technology company, should get reflected in its stock price. After all, empirical research shows a strong correl ...

Immersion (IMMR) came out with quarterly earnings of $0.59 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this touch-based technology company would post earnings of $0.19 per share when it actually produced earnings of $0.49, delivering a surprise of 157.89%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Immersion, wh ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 000-38334 Immersion Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organiz ...

Immersion Corporation (IMMR) is slated to report first-quarter 2024 results on May 8.For the first quarter, the Zacks Consensus Estimate for revenues is pegged at $24.9 million, indicating a 252.8% improvement from the year-ago quarter’s $7.07 million.The consensus mark for earnings is pegged at 59 cents per share, suggesting a significant improvement from the year-ago quarter’s earnings of 25 cents.IMMR’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing the sa ...

Immersion (IMMR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock m ...

The most recent trading session ended with Immersion (IMMR) standing at $7.17, reflecting a +0.99% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.88%. At the same time, the Dow added 0.56%, and the tech-heavy Nasdaq lost 2.05%.Prior to today's trading, shares of the touch-based technology company had lost 8.62% over the past month. This has lagged the Computer and Technology sector's loss of 3.33% and the S&P 500's loss of 2.57% in that ...

(f) Prior to the termination of this Agreement, the Company shall not (i) terminate the Rights Offering or (ii) without the prior written consent of Investor, amend any of the terms of the Rights Offering or waive any material conditions to the closing of the Rights Offering (in each case in a manner inconsistent with the terms of this Agreement), provided, however, such consent of Investor shall not be necessary in the event that the Company reasonably concludes that such amendment or waiver is required by ...

We Are/DigitalVision via Getty Images Immersion Corporation (NASDAQ:IMMR) probably comes up in a lot of stock screeners that suggest undervaluation. For my part, it's one of those peculiar microcaps that doesn't have a lot going for it, but also has no apparent problems when you look under the hood. Because of this, I'm okay with calling it a Buy, but I think folks should really understand what they are buying with this, so let's get into it. Financial History If we look at the numbers over the years, w ...