Immersion Corporation stock falls after first-quarter earnings beat

Published on 09/19/2026 at 19:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Immersion Corporation stock closed at USD 7.21 on September 18, 2026 on Nasdaq, down 4.12 percent despite beating first-quarter earnings expectations. The company reported revenue of USD 294.40 million and EPS of USD 0.17 for Q1 2026, sharply above consensus.

IMMR, US4525311014, Illustration mit AI erstellt.

Immersion Corporation stock (ISIN US4525311014) traded at USD 7.21 on Nasdaq at the close on September 18, 2026, down 4.12 percent from the prior session even though the company reported a strong first-quarter earnings beat earlier in the week.

First-quarter figures beat expectations

According to MarketBeat on September 19, 2026, Immersion Corporation posted earnings per share of USD 0.17 for the quarter ended July 31, 2026, well ahead of the consensus estimate of USD 0.06.

The same overview reports quarterly revenue of USD 294.40 million for this first quarter of fiscal 2026, compared with a consensus expectation of USD 3.43 million, implying the company came in far above the level analysts had modeled.MarketBeat

Analyst targets signal upside for Immersion Corporation stock

The same data set from MarketBeat shows a consensus price target of USD 13.50 for Immersion Corporation stock, indicating roughly 87.2 percent upside from the September 18, 2026 closing price of USD 7.21 if the target were reached.

MarketBeat also notes that Immersion Corporation currently carries an average rating score of 2.33 on its scale, based on one buy rating and two hold ratings and no sell ratings, which translates into a Hold consensus view among covering analysts.MarketBeat

Stock performance and valuation context

Per the same Nasdaq-based quote overview on MarketBeat, Immersion Corporation stock started 2026 at USD 6.80 and has since risen by 6.0 percent to the current level of USD 7.21 as of September 18, 2026.

The same source lists a 52-week trading range for Immersion Corporation stock between USD 5.25 and USD 8.05, placing the latest closing price closer to the upper end of that band and suggesting the shares have recovered substantially from their lows over the past year.MarketBeat

Immersion Corporation stock price and market metrics

Immersion Corporation stock closed at USD 7.21 on Nasdaq on September 18, 2026, with the quote overview indicating a market capitalization of around USD 239.44 million and a price-to-earnings ratio of 21.21 based on recent earnings, while the 52-week range spans from USD 5.25 to USD 8.05.