Immersion Corporation (IMMR) is expected to report second-quarter 2024 results on Aug 9. The Zacks Consensus Estimate for the top line is pegged at $7.29 million, which indicates a year-over-year improvement of 4.4%. The consensus mark for earnings has been revised upward by 35 cents to 50 cents per share over the past 60 days, which implies a surge of 138.1% from the year-ago quarter's 15 cents. The developer and licensor of touch feedback technology, also known as haptic technology, has a decent earnings ...

Company Overview - Immersion (IMMR) shares increased by 7.7% to close at $11.54, supported by strong trading volume, contrasting with a 0.9% gain over the past four weeks [1] - The company is expected to report quarterly earnings of $0.50 per share, reflecting a year-over-year increase of 138.1%, with revenues projected at $7.29 million, up 4.4% from the previous year [3] Earnings Estimates - The consensus EPS estimate for Immersion has been revised 4.8% higher in the last 30 days, indicating a positive trend that typically leads to price appreciation [2][6] - Immersion holds a Zacks Rank of 1 (Strong Buy), suggesting strong market confidence in the stock [4] Industry Context - Immersion operates within the Zacks Computer - Peripheral Equipment industry, which includes other companies like Turtle Beach (HEAR) [7] - The demand for Immersion's digital touch feedback solutions is growing across various sectors, including mobile, automotive, and gaming, driven by its patented TouchSense technology [5]

Georgijevic/E+ via Getty Images Trying to keep a diverse portfolio sometimes means looking outside of the traditional box. This is particularly true if you're trying to tailor your portfolio toward one specific strategy, like value stocks. If you're not careful, it can be easy to be too overexposed to a single industry and very vulnerable to a market change. Today we'll be looking at Immersion Corp (NASDAQ:IMMR), a company which uses its patents and expertise to license haptic technology. We'll be consideri ...

The integration of artificial intelligence (AI), blockchain, and advanced graphics technologies is also enhancing the capabilities and appeal of metaverse platforms, which could make the particularly worthwhile for investors. Roblox (RBLX) RBLX is my contrarian play out of the three stocks discussed in this article. Unity Software (U) Unity reported Q1 2024 results in line with expectations, with a total revenue of $460 million, down 8% yearover-year, primarily due to portfolio adjustments. The company's st ...

When it comes to the rising virtual reality market, the fundamental attribute to consider is immersion. Unlike prior innovations in the advanced interface ecosystem, VR systems essentially put the operator into the digital environment. Yes, VR stocks to buy commands significant relevancies in the gaming sector. However, immersion is a concept that applies to many other industries. As a result, the sector features robust potentiality. According to MarketsandMarkets, the global VR sector may reach a valuation ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Immersion (IMMR) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question. Immersion is a member of the Computer and Technology sector. This group includes 618 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sect ...

Immersion (IMMR) is a Zacks Rank #1 (Strong Buy) that has a B for Value and an C for Growth. This is company makes peripheral computer equipment that is used in smartphones, game controllers and there are expanding deeper into the automotive segment as well. Let's explore more about this company in this Bull of The Day article. Earnings History For Immersion, I see two beats, one earnings meet and one miss of the Zacks Consensus Estimate over the last year. The average positive earnings surprise over the la ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: The ODP Corporation (ODP) : This company which is a provider of business services, products and digital workplace technology solutions to small, medium and enterprise businesses, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days. WilliamsSonoma (WSM) : This company which is a multi-channel specialty retailer of premium quality home products, has seen the Zacks Consensus Estimate f ...

Despite the shared spotlight with advances in artificial intelligence, metaverse stocks to buy still attract big-time investment opportunities. Considering that the development of this idea will take at least a decade, those who enter early could see a significant bump in the expansion of this concept, as it becomes more popular. Therefore, these three metaverse stocks are an excellent investment opportunity for anyone interested in investing in the next big thing. Meta Platforms (NASDAQ:META) consistently ...

These three exceptional tech stocks to buy offer investors noteworthy opportunities. The first is notable for its skillful handling of rising operational costs and its deliberate matching of expenditures with rising income. Even with the increase in costs, the company's cost control guarantees a favorable atmosphere for long-term top-line growth. The third exhibits strong bottom-line growth, propelled by notable rises in net income. This growing trend highlights the company's appeal to investors looking for ...