JPMorgan Chase & Co. Issues Positive Forecast for IMAX (NYSE:IMAX) Stock Price

IMAX (NYSE:IMAX) had its target price boosted by equities researchers at JPMorgan Chase & Co. from $47.00 to $50.00 in a report released on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 15.71% from the company’s current price.

A number of other research analysts have also weighed in on the company. Weiss Ratings raised IMAX from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 16th. Roth Capital set a $50.00 price objective on shares of IMAX and gave the company a “buy” rating in a research report on Friday. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $42.00 target price on shares of IMAX in a report on Thursday. B. Riley Financial increased their target price on shares of IMAX from $48.00 to $52.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Wall Street Zen lowered shares of IMAX from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $50.36.

IMAX Stock Down 1.7%

IMAX stock traded down $0.75 during midday trading on Friday, reaching $43.21. The stock had a trading volume of 1,080,904 shares, compared to its average volume of 1,159,222. IMAX has a 12 month low of $24.20 and a 12 month high of $45.88. The firm’s 50-day moving average price is $39.80 and its 200 day moving average price is $38.00. The firm has a market capitalization of $2.38 billion, a PE ratio of 66.41, a P/E/G ratio of 1.44 and a beta of 0.37.

IMAX (NYSE:IMAX) last issued its earnings results 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. The firm had revenue of $102.84 million during the quarter, compared to analyst estimates of $96.09 million. IMAX had a net margin of 9.08% and a return on equity of 13.61%. The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business earned $0.26 earnings per share. Equities research analysts expect that IMAX will post 1.3 EPS for the current year.

Insiders Place Their Bets

In other IMAX news, CEO Richard L. Gelfond sold 8,943 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $37.33, for a total value of $333,842.19. Following the completion of the sale, the chief executive officer owned 765,002 shares of the company’s stock, valued at $28,557,524.66. This 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 through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 20.55% of the stock is owned by insiders.

Hedge Funds Weigh In On IMAX

A number of large investors have recently added to or reduced their stakes in IMAX. CIBC Private Wealth Group LLC bought a new stake in IMAX in the third quarter valued at $27,000. Quarry LP grew its stake in IMAX by 166.8% in the 4th quarter. Quarry LP now owns 875 shares of the company’s stock valued at $32,000 after acquiring an additional 547 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings 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 acquiring an additional 1,109 shares in the last quarter. Torren Management LLC purchased a new position in IMAX during the 4th quarter valued at about $40,000. Finally, Aster Capital Management DIFC Ltd raised its position in IMAX by 863.0% during the fourth 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 last quarter. Hedge funds and other institutional investors own 93.51% of the company’s stock.

More IMAX News

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: IMAX reported Q2 2026 EPS of $0.43, beating estimates, while revenue of $102.84 million also topped expectations and rose 12.2% year over year; the company also said margin expansion supported the quarter and reaffirmed full-year 2026 guidance. IMAX Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: Investor sentiment improved around IMAX’s growth outlook as Wedbush raised its price target to $54 from $46 and reiterated an Outperform rating, citing a stronger film pipeline, market share gains, global expansion, and broader alternative-content opportunities. IMAX price target boosted by Wedbush on growth outlook
• Positive Sentiment: Barrington Research also lifted its price target to $50 from $46 and kept an Outperform rating, reflecting confidence that the post-earnings rally can continue. Barrington Research price target update
• Positive Sentiment: Wells Fargo raised its target to $45 from $41, while keeping an Equal Weight rating, adding to the day’s broad analyst support for the stock. Wells Fargo price target update
• Neutral Sentiment: Coverage highlighted powerful box-office momentum from The Odyssey, with articles saying the film is driving enthusiasm for IMAX screens and could help the company approach record ticket sales in 2026. The Odyssey is cleaning up for IMAX
• Negative Sentiment: One new disclosure flagged rising geopolitical, regulatory, and trade risks that could complicate IMAX’s international expansion, though this appears to be a longer-term risk rather than a near-term earnings issue. 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.