IMAX (NYSE:IMAX) Stock Rating Reaffirmed as “Buy” by Rosenblatt Securities

IMAX (NYSE:IMAX)‘s stock had its “buy” rating restated by equities research analysts at Rosenblatt Securities in a report issued on Wednesday, Benzinga reports. They currently have a $65.00 target price on the stock. Rosenblatt Securities’ price objective would indicate a potential upside of 27.75% from the company’s current price.

IMAX has been the topic of a number of other reports. UBS Group set a $65.00 price objective on IMAX in a research note on Wednesday, October 7th. B. Riley Financial boosted their price objective on IMAX from $61.00 to $64.00 and gave the company a “buy” rating in a research note on Thursday, October 8th. Seaport Research Partners reissued a “buy” rating and issued a $50.00 price objective on shares of IMAX in a research note on Wednesday, June 24th. Weiss Ratings raised IMAX from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Finally, Benchmark reissued a “buy” rating on shares of IMAX in a research note on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, IMAX has an average rating of “Moderate Buy” and an average price target of $57.38.

IMAX Stock Performance

Shares of NYSE:IMAX traded down $0.67 during midday trading on Wednesday, reaching $50.88. The company’s stock had a trading volume of 831,891 shares, compared to its average volume of 1,157,787. The firm has a market capitalization of $2.79 billion, a price-to-earnings ratio of 70.67, a PEG ratio of 1.49 and a beta of 0.49. The firm has a 50 day moving average price of $52.46 and a two-hundred day moving average price of $44.17. IMAX has a fifty-two week low of $31.27 and a fifty-two week high of $57.73.

IMAX (NYSE:IMAX) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.13. The company had revenue of $102.84 million for the quarter, compared to the consensus estimate of $96.09 million. IMAX had a return on equity of 15.47% and a net margin of 9.84%. The firm’s revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.26 EPS. As a group, research analysts anticipate that IMAX will post 1.65 earnings per share for the current year.

Insider Transactions at IMAX

In other news, CEO Richard Gelfond sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $53.23, for a total transaction of $5,323,000.00. Following the completion of the sale, the chief executive officer owned 665,002 shares in the company, valued at $35,398,056.46. The trade was a 13.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Robert Lister sold 22,500 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $51.58, for a total value of $1,160,550.00. Following the sale, the vice president owned 182,375 shares of the company’s stock, valued at approximately $9,406,902.50. This represents a 10.98% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 507,257 shares of company stock worth $26,673,571. Insiders own 20.55% of the company’s stock.

Institutional Investors Weigh In On IMAX

Hedge funds and other institutional investors have recently modified their holdings of the company. Global Retirement Partners LLC bought a new stake in shares of IMAX during the second quarter valued at approximately $85,000. Nykredit A S bought a new stake in shares of IMAX during the second quarter valued at approximately $105,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of IMAX by 159.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,006 shares of the company’s stock valued at $111,000 after acquiring an additional 1,849 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in shares of IMAX during the fourth quarter valued at approximately $135,000. Finally, Stronghold Wealth Management L.L.C. bought a new stake in IMAX during the 3rd quarter worth approximately $200,000. Institutional investors own 93.51% of the company’s stock.

IMAX News Roundup

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: Wedbush raised its price target for IMAX, signaling greater confidence in the company’s earnings outlook and potential upside. IMAX Stock Gets Price Target Boost from Wedbush
• Positive Sentiment: Rosenblatt Securities reaffirmed a Buy rating on IMAX, supporting the bullish analyst view of the company’s growth prospects. IMAX Stock Rating Reaffirmed as Buy by Rosenblatt Securities
• Positive Sentiment: Analysts expect IMAX’s upcoming quarterly results to benefit from earnings growth and potentially produce a beat, keeping attention on the company ahead of its report. Imax Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: Upcoming premium-format releases, including a new Hunger Games film using an IMAX presentation strategy, could support ticket demand and strengthen the company’s content pipeline. New Hunger Games Movie Is Repeating Catching Fire’s Imax Trick Again
• Neutral Sentiment: Coverage highlighting the complexity of IMAX screens and aspect ratios reinforces consumer awareness of the format, but does not provide a direct financial catalyst. IMAX Screens, Aspect Ratios: When Did Watching a Movie Get So Complicated?
• Negative Sentiment: Movie-theater shares have posted outsized gains this year, prompting discussion of whether investors should take profits. That creates valuation concerns and may be contributing to selling in IMAX despite favorable fundamentals. AMC Is Up 83% in 2026 and Cinemark Is Up 68%: Take Profits, or Hold On for the Ride?
• Negative Sentiment: A ranking of high-profile “disruptors” that includes IMAX could reinforce concerns about speculative positioning and an elevated share price. The Biggest Schumps: From SpaceX to IMAX

IMAX Company Profile

IMAX Corporation (NYSE: IMAX) is an entertainment technology company that develops and licenses premium-format motion picture systems for cinemas and other venues. Its offerings combine specialized projection and display technology, immersive sound systems, theater design, and large-format screens to provide audiences with an enhanced presentation experience.

The company supports the theatrical release of films through its IMAX DMR (Digital Media Remastering) process, which adapts and optimizes content for IMAX presentations.