Added to YB: 2025-03-06
Pitch date: 2025-01-15
IMMR [bullish]
Immersion Corporation
-20.42%
current return
Author Info
No bio for this author
Company Info
Immersion Corporation, together with its subsidiaries, engages in the business of intellectual property (IP) that engages users’ sense of touch when operating digital devices in North America, Europe, and Asia.
Market Cap
$225.8M
Pitch Price
$8.68
Price Target
N/A
Dividend
2.66%
EV/EBITDA
11.49
P/E
3.31
EV/Sales
4.06
Sector
Technology Hardware, Storage and Peripherals
Category
value
Immersion Corporation - $IMMR
IMMR: $5.72/sh cash+investments, $3/sh IP biz value, $3.70/sh BNED stake at $10.70. $8.72 base case vs $9 price. Upside: BNED at $25 = $8/IMMR sh. Catalysts: BNED appreciation post-ATM, R2K inclusion, royalty cash flow, buybacks. Strong mgmt, positive BNED progress.
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