Wedbush Research Analysts Boost Earnings Estimates for IMAX

IMAX Corporation (NYSE:IMAX) – Research analysts at Wedbush upped their Q3 2025 EPS estimates for shares of IMAX in a report issued on Friday, October 17th. Wedbush analyst A. Reese now forecasts that the company will post earnings of $0.29 per share for the quarter, up from their previous estimate of $0.22. Wedbush has a “Outperform” rating and a $39.00 price target 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.

A number of other research firms have also issued reports on IMAX. Wall Street Zen raised shares of IMAX from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 11th. Benchmark upped 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. Wells Fargo & Company upped 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. JPMorgan Chase & Co. upped 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. Finally, Roth Capital upped their price objective on shares of IMAX from $36.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, October 14th. Nine equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $35.10.

IMAX Stock Down 1.2%

IMAX stock opened at $32.04 on Monday. IMAX has a 52-week low of $19.91 and a 52-week high of $34.14. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 53.40, a PEG ratio of 2.07 and a beta of 0.62. The company has a fifty day simple moving average of $30.50 and a 200-day simple moving average of $27.67.

IMAX (NYSE:IMAX) last released its earnings results on Thursday, July 24th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the firm earned $0.18 earnings per share. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year.

Insider Transactions at IMAX

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Harbor Capital Advisors Inc. acquired a new position in IMAX in the third quarter valued at about $897,000. Farther Finance Advisors LLC lifted its position in IMAX by 467.8% in the third quarter. Farther Finance Advisors LLC now owns 1,215 shares of the company’s stock valued at $40,000 after buying an additional 1,001 shares during the last quarter. Caxton Associates LLP acquired a new position in IMAX in the second quarter valued at about $228,000. Tower Research Capital LLC TRC lifted its position in IMAX by 194.6% in the second quarter. Tower Research Capital LLC TRC now owns 4,148 shares of the company’s stock valued at $116,000 after buying an additional 2,740 shares during the last quarter. Finally, Orbis Allan Gray Ltd lifted its position in IMAX by 31.7% in the second quarter. Orbis Allan Gray Ltd now owns 5,113,033 shares of the company’s stock valued at $142,960,000 after buying an additional 1,230,267 shares during the last quarter. Institutional investors and hedge funds own 93.51% of the company’s stock.

IMAX Company Profile

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.