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

IMAX (NYSE:IMAX) had its price objective raised by Barrington Research from $46.00 to $50.00 in a research report issued to clients and investors on Friday. The firm currently has an “outperform” rating on the stock. Barrington Research’s price objective would suggest a potential upside of 12.00% from the stock’s previous close.

Other analysts have also recently issued reports about the company. B. Riley Financial reaffirmed a “buy” rating on shares of IMAX in a research report on Monday. Roth Capital reaffirmed a “buy” rating and issued a $48.00 price objective on shares of IMAX in a report on Thursday. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $42.00 price objective on shares of IMAX in a report on Thursday. HC Wainwright restated a “buy” rating on shares of IMAX in a report on Friday. Finally, Weiss Ratings upgraded shares of IMAX from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 16th. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, IMAX currently has a consensus rating of “Moderate Buy” and an average target price of $49.30.

IMAX Trading Up 1.5%

Shares of IMAX stock traded up $0.68 during trading hours on Friday, reaching $44.64. 398,618 shares of the company’s stock were exchanged, compared to its average volume of 1,154,342. The stock’s fifty day moving average price is $39.80 and its two-hundred day moving average price is $38.00. IMAX has a 1 year low of $24.20 and a 1 year high of $45.88. The stock has a market cap of $2.46 billion, a PE ratio of 68.66, a PEG ratio of 1.44 and a beta of 0.37.

IMAX (NYSE:IMAX) last released its earnings results on Thursday, July 23rd. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.13. IMAX had a return on equity of 13.61% and a net margin of 9.08%.The business had revenue of $102.84 million for the quarter, compared to the consensus estimate of $96.09 million. During the same quarter last year, the business posted $0.26 earnings per share. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. On average, equities analysts expect that IMAX will post 1.3 EPS for the current fiscal year.

Insider Transactions at IMAX

In other IMAX news, CEO Richard L. Gelfond sold 8,943 shares of the stock in a transaction on Monday, April 27th. The stock was sold at an average price of $37.33, for a total transaction of $333,842.19. Following the transaction, the chief executive officer owned 765,002 shares in the company, valued at $28,557,524.66. This trade represents a 1.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 20.55% of the stock is owned by company insiders.

Institutional Investors Weigh In On IMAX

A number of large investors have recently modified their holdings of the business. Militia Capital Management LLC acquired a new position in IMAX during the 1st quarter worth about $1,634,000. Janus Henderson Group PLC increased its stake in IMAX by 10.0% in the 1st quarter. Janus Henderson Group PLC now owns 261,059 shares of the company’s stock worth $9,924,000 after purchasing an additional 23,665 shares during the period. Amundi lifted its stake in IMAX by 61.0% in the first quarter. Amundi now owns 9,286 shares of the company’s stock worth $353,000 after acquiring an additional 3,519 shares during the period. California State Teachers Retirement System grew its holdings in IMAX by 31.2% in the first quarter. California State Teachers Retirement System now owns 54,174 shares of the company’s stock worth $2,059,000 after purchasing an additional 12,898 shares during the period. Finally, Royal Bank of Canada grew its position in IMAX by 126.5% during the 1st quarter. Royal Bank of Canada now owns 75,777 shares of the company’s stock valued at $2,880,000 after purchasing an additional 362,021 shares during the last quarter. Institutional investors and hedge funds own 93.51% of the company’s stock.

Key Headlines Impacting 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

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.