12 Best Virtual Reality Stocks to Buy According to Analysts

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2. Immersion Corporation (NASDAQ:IMMR)

Analyst Upside: 78.11%

Number of Hedge Fund Holders: 17

Immersion Corporation (NASDAQ:IMMR) designs, develops and licenses various haptic technologies that allow users to experience digital products and use their sense of touch to engage with them. The company specializes in haptic technology, with more than 3 billion devices across the globe using its technology. The rising popularity of VR and AR technologies and the growing demand for hepatic technology across key gaming, consumer electronics, and automotive domains position it as one of the best VR stocks to buy. Immersion Corporation (NASDAQ:IMMR) created the haptic feedback technology in the PlayStation 5 DualSense controller.

Immersion Corporation (NASDAQ:IMMR) reported total revenues of $616.2 million in fiscal Q2 2025, compared to $7.0 million in the three months ended June 30, 2023. In addition, GAAP net income attributable to Immersion Corporation stockholders was $27.2 million in the three months ended October 31, 2024, compared to $7.0 million in the prior year period.

Immersion Corporation (NASDAQ:IMMR) also announced a special dividend of $0.245 per share, payable on January 24, 2025, to shareholders of record of January 10, 2025, reflecting the company’s financial strength. The company’s median price target of $8.04 implies an upside of 71.02% from current levels. It takes the second spot on our list of the best virtual reality stocks to buy according to analysts.

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