Wedbush Research Analysts Boost Earnings Estimates for IMAX

IMAX Corporation (NYSE:IMAX) – Equities researchers at Wedbush upped their Q3 2025 earnings estimates for IMAX in a report released on Friday, October 17th. Wedbush analyst A. Reese now expects that the company will earn $0.29 per share for the quarter, up from their previous forecast of $0.22. Wedbush has a “Outperform” rating and a $39.00 price objective on the stock. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Wedbush also issued estimates for IMAX’s Q4 2025 earnings at $0.35 EPS, Q3 2026 earnings at $0.35 EPS and FY2027 earnings at $1.43 EPS.

IMAX has been the subject of a number of other reports. Barrington Research increased their target price on shares of IMAX from $32.00 to $37.00 and gave the stock an “outperform” rating in a report on Friday, September 19th. Benchmark increased their target price on shares of IMAX from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, July 25th. JPMorgan Chase & Co. increased their target price on shares of IMAX from $28.00 to $31.00 and gave the stock a “neutral” rating in a report on Thursday, October 9th. B. Riley reiterated a “buy” rating on shares of IMAX in a report on Friday, October 10th. Finally, Wells Fargo & Company increased their target price on shares of IMAX from $30.00 to $34.00 and gave the stock an “overweight” rating in a report on Friday, July 25th. Nine research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $35.10.

IMAX Stock Up 0.7%

NYSE IMAX opened at $32.47 on Monday. The company has a 50-day simple moving average of $30.37 and a two-hundred day simple moving average of $27.64. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 54.11, a PEG ratio of 2.07 and a beta of 0.62. IMAX has a 12-month low of $19.91 and a 12-month high of $34.14.

IMAX (NYSE:IMAX) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.07. IMAX had a net margin of 9.04% and a return on equity of 8.62%. The business had revenue of $91.68 million during the quarter, compared to analyst estimates of $93.04 million. During the same period in the prior year, the business posted $0.18 earnings per share. The company’s revenue was up 3.1% on a year-over-year basis.

Hedge Funds Weigh In On IMAX

A number of institutional investors and hedge funds have recently made changes to their positions in the business. TD Waterhouse Canada Inc. increased its stake in shares of IMAX by 125.0% during the second quarter. TD Waterhouse Canada Inc. now owns 900 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Neuberger Berman Group LLC increased its stake in shares of IMAX by 4.1% during the first quarter. Neuberger Berman Group LLC now owns 13,838 shares of the company’s stock valued at $365,000 after purchasing an additional 542 shares in the last quarter. Legal & General Group Plc increased its stake in shares of IMAX by 1.5% during the second quarter. Legal & General Group Plc now owns 50,969 shares of the company’s stock valued at $1,425,000 after purchasing an additional 756 shares in the last quarter. XTX Topco Ltd increased its stake in shares of IMAX by 3.7% during the second quarter. XTX Topco Ltd now owns 23,541 shares of the company’s stock valued at $658,000 after purchasing an additional 842 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in shares of IMAX by 467.8% during the third quarter. Farther Finance Advisors LLC now owns 1,215 shares of the company’s stock valued at $40,000 after purchasing an additional 1,001 shares in the last quarter. Institutional investors own 93.51% of the company’s stock.

Insider Transactions at IMAX

In related news, VP Robert D. Lister sold 20,000 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $32.80, for a total value of $656,000.00. Following the completion of the transaction, the vice president directly owned 161,421 shares of the company’s stock, valued at $5,294,608.80. This represents a 11.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Kenneth Ian Weissman sold 15,072 shares of the stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $25.65, for a total transaction of $386,596.80. Following the completion of the transaction, the insider directly owned 26,133 shares of the company’s stock, valued at approximately $670,311.45. The trade was a 36.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. 24.08% of the stock is owned by corporate insiders.

About IMAX

IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates in two segments, Content Solutions and Technology Products and Services. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media and entertainment companies.