Immersion Corporation Common Stock (IMMR)

FairStock Score: 63/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with the business, not the ticker. Immersion is a touch-technology intellectual-property licensing operation, but the figures include a Barnes & Noble Education segment, which makes this a mixed enterprise rather than a pure patent royalty stream. The filed numbers are sobering: in FY2026, the year ended 2026-04-30, revenue was $1.7B and net income was $4.5M, or diluted EPS of $0.14. That was down from FY2025, when revenue was $1.6B and net income was $64.3M, or $1.90 per diluted share. In the latest reported fiscal Q1 2027, the quarter ended 2026-07-31, revenue was $294.4M and net income was $4.9M, or $0.17 per diluted share—an improvement over the fiscal Q1 2026 net loss of $930,000, but still a thin 1.66% margin.

In plain English: Immersion makes touch-feedback technology and also runs education and bookstore operations. The business looks mixed: sales barely moved in the latest full year, profits are thin, and the most recent quarter earned only a small amount relative to revenue. The stock trades below its accounting book value, which can look cheap, but it is above a simple earnings-based value measure, so the price is not clearly a bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2027 10-Q (period ended 2026-07-31) · fiscal Q3 2026 10-Q (period ended 2026-01-31) · fiscal Q2 2026 10-Q (period ended 2025-10-31) · fiscal Q1 2026 10-Q (period ended 2025-07-31) · FY2026 10-K (period ended 2026-04-30) · FY2025 10-K (period ended 2025-04-30) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer