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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#2624
Positioning
Market Dominance
Manufacturing
Computer Hardware
$270M
Francis M. Jose
Immersion Corporation invents, scales, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience digital products in North America, Europe, and Asia. The company offers its products to mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR) gaming; automotive; and other markets.
Headcount
20
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Dates updated upon official exchange announcement.
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X-AXIS: EV/EBITDA (LOWER = CHEAPER) | Y-AXIS: ROE (HIGHER = ELITE) | RED CIRCLE = IMMR ANALYSIS TARGET
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$UL UNILEVER PLC | 78 | 96 | 98 | 59 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$ASML ASML HOLDING NV | 77 | 89 | 86 | 83 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$ESLT ELBIT SYSTEMS LTD | 76 | 81 | 87 | 85 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$MT ArcelorMittal | 75 | 71 | 98 | 85 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$AMAT APPLIED MATERIALS INC /DE | 75 | 85 | 87 | 84 | 20.9x | 13.6x | 32.9% | 20.5% | 48.8% | 30.6% | 24.4% | 7.7% | 0.9% | 32.0x | $148.6B | VS | |
$SIMO Silicon Motion Technology CORP | 75 | 84 | 86 | 85 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CODA Coda Octopus Group, Inc. | 74 | 83 | 90 | 79 | 16.3x | 11.9x | 7.4% | 7.5% | 68.3% | 19.5% | 18.2% | 29.0% | 0.0% | 0.0x | $84M | VS | |
$GSK GSK plc | 74 | 84 | 90 | 70 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$EFXT Enerflex Ltd. | 74 | 80 | 91 | 83 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$BUD Anheuser-Busch InBev SA/NV | 74 | 84 | 97 | 63 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$IMMR IMMERSION CORP | 46 | 46 | 78 | 31 | 1.7x | 1.5x | 20.3% | 8.4% | - | 19.9% | 19.2% | 4907.0% | 4.5% | 142.0x | $270M | ||
| SECTOR BENCH | - | - | - | - | - | 22.3x | 11.5x | -1.9% | 0.9% | 44.1% | 2.5% | 1.0% | 6.7% | 0.0% | 0.2x | - | REF |
IMMERSION CORP (IMMR) receives a "Reduce" rating with a composite score of 46.0/100. It ranks #2624 out of 7,333 stocks in our coverage universe and carries a 2-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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HQ Base
SAN JOSE, Florida
Lagging peers — losers tend to keep underperforming
Trading at a discount to fundamentals — favorable entry valuation
Average quality profile
Low volatility — smoother ride and historically better risk-adjusted returns
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
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Relative valuation derived from Manufacturing sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
Projection based on user-defined inputs. Re-calculated daily against current market data.
Reverse DCF Framework — Mauboussin Methodology
Institutional-grade Reverse DCF analysis. This model identifies the growth hurdles embedded in current market prices. When implied growth is significantly lower than historical or projected rates, a margin of safety may exist. Re-audited daily.
No analyst ratings for IMMR.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 46 | 37 | +9ALPHA |
| MOMENTUM | 31 | 18 | +13ALPHA |
| VALUATION | 78 | 83 | -5NEUTRAL |
| INVESTMENT | 25 | 13 | +12ALPHA |
| STABILITY | 75 | 79 | -4NEUTRAL |
| SHORT INT | 30 | 21 | +9ALPHA |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROIC 23.7% vs WACC 6.9% (spread +16.8%)
GM N/A vs sector 44%, OM 20% vs sector 3%
Capital turnover 7.48x
Rev growth 4907%, 10yr history
Interest coverage N/A, Net debt/EBITDA 2.4x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate IMMERSION CORP (IMMR) as a Reduce with a composite score of 46.0/100 at a current price of $5.99. The quantitative profile shows weakness across multiple dimensions, suggesting limited upside potential.
IMMERSION CORP holds a top-quartile position (#0 of 50) within the Manufacturing sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 46.0/100 places it at rank #2624 in our full universe.
Narrow
Medium
Standard
Undervalued
Returns on equity of 20.3% exceed cost of capital.
Value factor score of 78 suggests attractive pricing.
Stable competitive position in a defensive sector.
Leverage of 142% D/E amplifies downside risk.
Weak momentum suggests persistent institutional selling pressure.
Vulnerability to macroeconomic shocks and interest rate volatility.
IMMERSION CORP represents a reduce based on multi-factor quantitative performance.
IMMERSION CORP receives a Reduce rating from our analysis, with a composite score of 46.0/100 and 2 out of 5 stars, ranking #2624 out of 7,333 stocks. IMMR's factor profile shows weakness across multiple dimensions, suggesting the stock may underperform going forward. Existing holders may want to consider trimming positions or tightening stop-losses.
With a quality score of 46/100, IMMR shows adequate but unremarkable business quality. The company reports a return on equity of 20.3% (sector avg: -1.9%), net margins of 19.2% (sector avg: 1.0%). This suggests the company generates acceptable returns but may lack the competitive positioning or operational efficiency to stand out from peers.
IMMR carries a solid value score of 78/100, pointing to an attractively priced stock relative to peers. Key valuation metrics include a P/E ratio of 1.74x, an EV/EBITDA of 1.51x, a P/B ratio of 0.35x. This score suggests reasonable compensation for the risks involved, with potential upside if the market recognizes the stock's underlying worth.
IMMERSION CORP's investment score of 25/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 4907.0% vs. a sector average of 6.7% and a return on assets of 8.4% (sector: 0.9%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
IMMR is currently showing below-average momentum at 31/100, which may indicate weakening institutional interest or negative sentiment shifts. Revenue growth stands at 4907.0% year-over-year, while a beta of 1.03 reflects its sensitivity to broader market moves. Investors should note that declining momentum can precede further price weakness, though contrarian opportunities sometimes emerge at these levels.
IMMR shows good financial stability with a score of 75/100. Key stability metrics include a beta of 1.03 and a debt-to-equity ratio of 142.00x (sector avg: 0.2x). This suggests manageable leverage and moderate price volatility, making it appropriate for investors seeking a balance between growth potential and capital preservation.
IMMERSION CORP's short interest score of 30/100 reveals significant bearish positioning, suggesting institutional investors are actively betting against the stock. Specific risk factors include elevated leverage (D/E: 142.00x), micro-cap liquidity risk. At $270M (micro-cap), IMMR carries meaningful risk and is best suited for investors with high risk tolerance who have thoroughly evaluated the bear thesis.
IMMERSION CORP offers an attractive dividend yield of 4.5%, placing it among the higher-yielding stocks in its peer group. A yield this high can provide meaningful income, but investors should verify the payout is sustainable by examining the payout ratio, free cash flow coverage, and any history of dividend cuts.
IMMERSION CORP is a micro-cap company in the Manufacturing sector, ranked #0 of 50 in its sector (100th percentile) and #2624 of 7,333 overall (64th percentile). Key comparisons include ROE of 20.3% exceeding the -1.9% sector median and operating margins of 19.9% above the 2.5% sector average. This top-quartile standing reflects exceptional competitive strength relative to Manufacturing peers.
While IMMR currently exhibits a REDUCE profile, superior opportunities exist within the MANUFACTURING sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Manufacturing Alpha →Quant Factor Profile
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Improvement in Investment (25) would have the largest impact on the composite score.
EV/EBITDA 87% BELOW SECTOR MEDIAN (FAVORABLE)
ROE 1167% BELOW SECTOR MEDIAN
Op. Margin 691% ABOVE SECTOR MEDIAN (FAVORABLE)
Above 50MA
37.18%
Net New Highs
+51081
Immersion (IMMR) faces Nasdaq delisting risk after missed 10-K/10-Q filings tied to audit probes and a restatement.
AVENTURA, Fla., February 13, 2026--Immersion Corporation ("Immersion", the "Company", "we", "us" or "our") (Nasdaq: IMMR), a leading provider of technologies for haptics, today announced that, on February 10, 2026, the Company received a Staff Determination Letter from the Nasdaq Listing Qualifications Staff (the "Staff") based on the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the "Filing Rule"), as previously notified by the Staff on August 20, 2025, September 29, 2025, and D
AVENTURA, Fla., December 26, 2025--Immersion Corporation ("Immersion", the "Company", "we", "us" or "our") (Nasdaq: IMMR), a leading provider of technologies for haptics, announced that on December 23, 2025, it received a delinquency compliance alert notice (the "10-Q Nasdaq Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it did not timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended Octo
AM Batteries (AMB), a pioneer in low-cost, dry-electrode manufacturing technology, today announced that Dr. Franz Fink has joined the company as Chief Commercial Officer.

Immersion Corporation, a developer and licensor of haptic technology, has seen its stock price surge 91.1% year-to-date, outperforming the tech sector and broader market. The company's strong performance is driven by its focus on innovation, patent portfolio, and strategic partnerships, positioning it to benefit from the growing demand for haptic technology.