IMAX Corporation (NYSE:IMAX) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of IMAX Corporation (NYSE:IMAX) have received an average recommendation of “Moderate Buy” from the twelve ratings firms that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $47.30.

IMAX has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. cut their price target on shares of IMAX from $48.00 to $47.00 and set an “overweight” rating for the company in a report on Friday, May 1st. The Goldman Sachs Group set a $40.00 price objective on IMAX in a research report on Thursday, July 9th. Barrington Research raised their target price on IMAX from $42.00 to $46.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Rosenblatt Securities restated a “buy” rating and issued a $47.00 target price on shares of IMAX in a research report on Monday, April 20th. Finally, Wedbush restated an “outperform” rating and issued a $46.00 target price on shares of IMAX in a research report on Thursday, April 23rd.

IMAX News Roundup

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: Wedbush reiterated an Outperform rating and $46 price target on IMAX, saying the company is positioned for a stronger second half of 2026 even though Q2 growth is expected to be modest. IMAX seen poised for stronger second half despite expected modest Q2
• Positive Sentiment: Media coverage around The Odyssey highlights strong demand for IMAX 70mm and premium screenings, with fans paying premiums and seeking out limited-format showings. That kind of buzz can support IMAX’s brand and box-office-driven revenue outlook.
• Neutral Sentiment: IMAX said expanding 70mm projector capacity is “not practical,” suggesting demand is real but supply remains limited. This supports the premium value of the format, but it also caps near-term upside from the film’s release.
• Neutral Sentiment: Several articles ahead of earnings emphasize that IMAX is expected to report modest Q2 results and that analysts are watching whether growth accelerates later in the year. Imax (IMAX) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: Wells Fargo downgraded IMAX from Overweight to Equal Weight, even while setting a $41 price target. The downgrade could weigh on sentiment by signaling less upside near term. IMAX downgraded by Wells Fargo & Company

Insider Buying and Selling

In other IMAX news, CEO Richard L. Gelfond sold 8,943 shares of IMAX stock in a transaction dated 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 sale, the chief executive officer directly owned 765,002 shares in the company, 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 legal 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 insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Divisadero Street Capital Management LP acquired a new stake in shares of IMAX in the 3rd quarter worth $20,975,000. Hedges Asset Management LLC acquired a new position in shares of IMAX during the fourth quarter worth about $2,088,000. Pier Capital LLC raised its holdings in IMAX by 85.0% during the fourth quarter. Pier Capital LLC now owns 244,589 shares of the company’s stock worth $9,040,000 after purchasing an additional 112,397 shares in the last quarter. Chase Investment Counsel Corp purchased a new position in IMAX during the fourth quarter worth about $3,070,000. Finally, Polar Asset Management Partners Inc. acquired a new stake in IMAX in the third quarter valued at about $3,227,000. 93.51% of the stock is currently owned by institutional investors and hedge funds.

IMAX Stock Up 0.3%

Shares of NYSE:IMAX opened at $39.09 on Monday. The business has a fifty day moving average of $39.32 and a two-hundred day moving average of $37.90. The stock has a market cap of $2.15 billion, a P/E ratio of 60.14, a PEG ratio of 1.43 and a beta of 0.37. IMAX has a 52-week low of $24.20 and a 52-week high of $45.52.

IMAX (NYSE:IMAX) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.02. IMAX had a net margin of 9.08% and a return on equity of 13.61%. The firm had revenue of $81.38 million for the quarter, compared to analysts’ expectations of $79.82 million. During the same quarter in the previous year, the company posted $0.13 EPS. The company’s revenue was down 6.1% compared to the same quarter last year. On average, equities analysts anticipate that IMAX will post 1.3 earnings per share for the current year.

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.