Stock Price Prediction

IMMR stock is currently trading at a significant discount to its intrinsic value, with a price target of $14 set by analysts, representing a 51.69% upside. The bullish view is driven by its strong fundamentals, including a 41.2% stake in Barnes & Noble Education, substantial cash reserves, and a forward P/E ratio of 4.59, which is well below the industry average. Additionally, its haptic technology licensing business provides steady revenue, supporting its valuation.

IMMR stock is currently trading at $9.23, with a bearish sentiment due to its recent 2.1% decline, reflecting weak performance in the computer peripherals sector. Despite a strong fundamental rating upgrade to 93% based on Peter Lynch's strategy, the stock's upside potential to the $14 target price (+51.69%) seems limited in the short term due to sector-wide headwinds and lack of immediate catalysts. Bears may anticipate further downside if broader market or sector weakness persists.

The market consensus for IMMR's revenue in the upcoming quarter is projected to be approximately $113M USD.

The market consensus for IMMR's eps in the upcoming quarter is projected to be approximately $0.01 USD.