IMAX (NYSE:IMAX – Get Free Report) had its target price raised by Barrington Research from $46.00 to $50.00 in a research report issued to clients and investors on Friday. The brokerage currently has an “outperform” rating on the stock. Barrington Research’s price target would indicate a potential upside of 12.00% from the company’s current price.
A number of other brokerages have also issued reports on IMAX. Roth Capital reissued a “buy” rating and issued a $48.00 target price on shares of IMAX in a research report on Thursday. B. Riley Financial reiterated a “buy” rating on shares of IMAX in a report on Monday. Weiss Ratings raised shares of IMAX from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Wedbush raised their price target on shares of IMAX from $46.00 to $54.00 and gave the company an “outperform” rating in a report on Friday. Finally, Rosenblatt Securities restated a “buy” rating and set a $47.00 target price on shares of IMAX in a report on Monday. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, IMAX presently has an average rating of “Moderate Buy” and an average price target of $49.30.
Check Out Our Latest Stock Analysis on IMAX
IMAX Stock Up 1.5%
IMAX (NYSE:IMAX – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.13. IMAX had a return on equity of 13.61% and a net margin of 9.08%.The company had revenue of $102.84 million for the quarter, compared to analyst estimates of $96.09 million. During the same quarter in the previous year, the company posted $0.26 earnings per share. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. Equities analysts predict that IMAX will post 1.3 EPS for the current year.
Insider Activity
In related news, CEO Richard L. Gelfond sold 8,943 shares of IMAX stock in a transaction on Monday, April 27th. The shares were sold at an average price of $37.33, for a total transaction of $333,842.19. Following the completion of the transaction, the chief executive officer owned 765,002 shares of the company’s stock, valued at $28,557,524.66. This trade represents a 1.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 20.55% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. CIBC Private Wealth Group LLC bought a new stake in IMAX during the third quarter valued at approximately $27,000. Quarry LP increased its stake in shares of IMAX by 166.8% in the 4th quarter. Quarry LP now owns 875 shares of the company’s stock worth $32,000 after acquiring an additional 547 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in IMAX by 2,310.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,157 shares of the company’s stock valued at $38,000 after buying an additional 1,109 shares in the last quarter. Torren Management LLC bought a new position in shares of IMAX during the fourth quarter valued at $40,000. Finally, Aster Capital Management DIFC Ltd boosted its holdings in shares of IMAX by 863.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,666 shares of the company’s stock valued at $62,000 after acquiring an additional 1,493 shares during the last quarter. Institutional investors own 93.51% of the company’s stock.
Trending Headlines about IMAX
Here are the key news stories impacting IMAX this week:
- Positive Sentiment: Wedbush raised its price target on IMAX to $54 from $46 and reiterated an outperform rating, signaling further upside after the company’s recent rally. Benzinga
- Positive Sentiment: IMAX reported second-quarter earnings of $0.43 per share, topping expectations, with revenue of $102.84 million also beating estimates and rising 12.2% year over year. IMAX Corporation Reports Second Quarter 2026 Results
- Positive Sentiment: Investor enthusiasm is being driven by strong early demand for The Odyssey, which management called a potentially transformational release for IMAX and a major catalyst for second-half performance. The Odyssey is cleaning up for IMAX. Expect the momentum to continue
- Positive Sentiment: Trade chatter also turned bullish after reports that The Odyssey tickets are reselling for very high prices, highlighting exceptional demand for IMAX screens and premium-format showings. Imax’s CEO says it’s time to hike prices as tickets to ‘The Odyssey’ resell for $1,000
- Neutral Sentiment: IMAX disclosed a new regulatory risk tied to geopolitical, trade, and compliance pressures that could complicate its global expansion, but this is more of a longer-term overhang than an immediate earnings driver. IMAX Confronts Rising Geopolitical, Regulatory and Trade Risks Threatening Global Expansion
About IMAX
IMAX Corporation is a global leader in immersive entertainment technologies, specializing in the design, manufacture and distribution of high-resolution cameras, projectors, and proprietary software solutions that enhance both film production and theatrical exhibition. The company licenses its premium large-format system to theatre owners and filmmakers around the world, enabling audiences to experience movies with greater clarity, scale and sound fidelity. IMAX also offers turnkey theatre development services, assisting cinema operators with auditorium design, installation and custom branding to optimize the customer experience.
Founded in 1967 and headquartered in Mississauga, Ontario, IMAX has built a reputation for pioneering film-format innovations, including its patented dual 15-perforation, 70-millimeter projection system.
Recommended Stories
- Five stocks we like better than IMAX
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
- Freeport McMoRan Post-Earnings: Why Good Enough May Finally Be Good Enough
- TSMC’s Price Hikes Could Show Which AI Chip Stocks Have Real Pricing Power
Receive News & Ratings for IMAX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMAX and related companies with MarketBeat.com's FREE daily email newsletter.
