IMAX (NYSE: IMAX) has recently received a number of price target changes and ratings updates:
- 9/24/2026 – IMAX is now covered by Morgan Stanley. They set an “overweight” rating and a $63.00 price target on the stock.
- 9/9/2026 – IMAX had its price target raised by Rosenblatt Securities from $60.00 to $65.00. They now have a “buy” rating on the stock.
- 9/5/2026 – IMAX was upgraded by Wall Street Zen from “hold” to “buy”.
- 9/4/2026 – IMAX had its price target raised by The Goldman Sachs Group, Inc. from $42.00 to $50.00. They now have a “neutral” rating on the stock.
- 9/3/2026 – IMAX had its price target raised by Roth Capital from $50.00 to $60.00. They now have a “buy” rating on the stock.
- 8/24/2026 – IMAX had its price target raised by B. Riley Financial, Inc. from $52.00 to $61.00. They now have a “buy” rating on the stock.
- 8/22/2026 – IMAX was downgraded by Wall Street Zen from “buy” to “hold”.
- 8/19/2026 – IMAX had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $60.00 price target on the stock.
- 8/10/2026 – IMAX had its price target raised by Rosenblatt Securities from $50.00 to $60.00. They now have a “buy” rating on the stock.
Insider Activity
In related news, CEO Richard Gelfond sold 100,000 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $53.23, for a total value of $5,323,000.00. Following the completion of the transaction, the chief executive officer owned 665,002 shares of the company’s stock, valued at approximately $35,398,056.46. This represents a 13.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Natasha Fernandes sold 20,000 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $54.63, for a total transaction of $1,092,600.00. Following the transaction, the chief financial officer owned 35,596 shares in the company, valued at $1,944,609.48. This trade represents a 35.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 507,257 shares of company stock worth $26,673,571. Company insiders own 20.55% of the company’s stock.
The company provides cinema operators with IMAX projection and sound systems, including its IMAX with Laser technology, as well as theater design, installation and technical support. IMAX also works with filmmakers and studios on content capture, post-production and remastering to optimize movies for its format, including selected 2D and 3D releases.
Founded in 1967, IMAX has expanded from its origins in documentary and institutional film presentations into a global theatrical network.
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