IMAX (NYSE:IMAX) Price Target Raised to $50.00

IMAX (NYSE:IMAX) had its price target increased by Barrington Research from $46.00 to $50.00 in a research report released on Friday morning, Marketbeat reports. They currently have an outperform rating on the stock.

A number of other research firms also recently commented on IMAX. Wedbush raised their price objective on IMAX from $46.00 to $54.00 and gave the stock an “outperform” rating in a report on Friday. Wells Fargo & Company reiterated an “equal weight” rating and set a $41.00 target price (down from $47.00) on shares of IMAX in a report on Thursday, July 16th. JPMorgan Chase & Co. dropped their target price on shares of IMAX from $48.00 to $47.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Benchmark restated a “buy” rating on shares of IMAX in a report on Monday, June 22nd. Finally, Seaport Research Partners reaffirmed a “buy” rating and set a $50.00 price target on shares of IMAX in a research report on Wednesday, June 24th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $50.36.

IMAX Stock Down 0.4%

IMAX stock opened at $43.21 on Friday. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 60.02, a PEG ratio of 1.59 and a beta of 0.37. The business has a fifty day simple moving average of $39.99 and a 200-day simple moving average of $38.05. IMAX has a 52 week low of $24.20 and a 52 week high of $45.88.

IMAX (NYSE:IMAX) last issued its earnings results on Thursday, July 23rd. The company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.13. IMAX had a return on equity of 15.47% and a net margin of 9.84%.The firm had revenue of $102.84 million for the quarter, compared to analysts’ expectations of $96.09 million. During the same quarter last year, the firm earned $0.26 earnings per share. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. As a group, analysts expect that IMAX will post 1.3 earnings per share for the current fiscal year.

Institutional Investors Weigh In On IMAX

Institutional investors and hedge funds have recently modified their holdings of the stock. CIBC Private Wealth Group LLC acquired a new stake in shares of IMAX in the third quarter valued at about $27,000. Quarry LP lifted its position in IMAX by 166.8% during 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 lifted 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 worth $38,000 after acquiring an additional 1,109 shares in the last quarter. Torren Management LLC purchased a new position in IMAX in the 4th quarter worth approximately $40,000. Finally, Aster Capital Management DIFC Ltd boosted its holdings in IMAX by 863.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,666 shares of the company’s stock worth $62,000 after acquiring an additional 1,493 shares during the period. Hedge funds and other institutional investors own 93.51% of the company’s stock.

IMAX News Summary

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: IMAX reported better-than-expected second-quarter results, with EPS and revenue both topping Wall Street estimates, while management reaffirmed full-year guidance and highlighted margin expansion and network growth. IMAX Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: Strong box-office traction for The Odyssey is boosting confidence that IMAX can sustain higher ticket sales and premium-screen utilization, with reports suggesting the film could be a transformational release for the company. The Odyssey is cleaning up for IMAX. Expect the momentum to continue
• Positive Sentiment: Analysts turned more bullish after earnings, with JPMorgan, Wells Fargo, Barrington, and Wedbush all raising price targets, and Wedbush reiterating Outperform on expectations for a stronger film pipeline, market-share gains, and international expansion. IMAX price target boosted by Wedbush on growth outlook
• Positive Sentiment: Investor attention is also being reinforced by unusual call-option activity and multiple stories about sold-out IMAX 70mm showings, signaling strong near-term demand sentiment around the stock. 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 other global expansion challenges, which could matter over time but does not appear to be driving near-term trading. IMAX Confronts Rising Geopolitical, Regulatory and Trade Risks Threatening Global Expansion

IMAX Company Profile

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.