IMAX (NYSE:IMAX) Stock Rating Upgraded by Wall Street Zen

IMAX (NYSE:IMAX) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Other equities research analysts have also recently issued research reports about the company. Benchmark restated a “buy” rating on shares of IMAX in a research note on Monday, June 22nd. Seaport Research Partners reiterated a “buy” rating and issued a $50.00 price objective on shares of IMAX in a research report on Wednesday, June 24th. JPMorgan Chase & Co. boosted their price objective on shares of IMAX from $47.00 to $50.00 and gave the company an “overweight” rating in a research note on Friday. Keefe, Bruyette & Woods restated a “market perform” rating and set a $60.00 price objective on shares of IMAX in a research report on Friday, May 22nd. Finally, Weiss Ratings upgraded shares of IMAX from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, IMAX currently has a consensus rating of “Moderate Buy” and a consensus price target of $50.36.

IMAX Stock Down 0.4%

NYSE IMAX opened at $43.21 on Friday. IMAX has a 52-week low of $24.20 and a 52-week high of $45.88. The business’s 50-day moving average price is $39.99 and its 200 day moving average price is $38.05. The firm has a market cap of $2.37 billion, a P/E ratio of 60.02, a P/E/G ratio of 1.59 and a beta of 0.37.

IMAX (NYSE:IMAX) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.30 by $0.13. The firm had revenue of $102.84 million during 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 prior year, the business earned $0.26 EPS. As a group, analysts anticipate that IMAX will post 1.3 earnings per share for the current year.

Institutional Trading of IMAX

A number of institutional investors have recently modified their holdings of IMAX. Orbis Allan Gray Ltd raised 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 worth $142,960,000 after acquiring an additional 1,230,267 shares in the last quarter. Westfield Capital Management Co. LP boosted its position in shares of IMAX by 44.6% during the 4th quarter. Westfield Capital Management Co. LP now owns 2,346,486 shares of the company’s stock worth $86,726,000 after purchasing an additional 723,861 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of IMAX by 1.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,237,230 shares of the company’s stock worth $47,026,000 after purchasing an additional 23,401 shares during the period. Nantahala Capital Management LLC grew its stake in shares of IMAX by 24.9% during the 2nd quarter. Nantahala Capital Management LLC now owns 1,133,993 shares of the company’s stock worth $31,706,000 after purchasing an additional 225,742 shares during the period. Finally, Victory Capital Management Inc. increased its holdings in shares of IMAX by 1.9% in the 4th quarter. Victory Capital Management Inc. now owns 1,104,071 shares of the company’s stock valued at $40,806,000 after purchasing an additional 20,079 shares in the last quarter. 93.51% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about IMAX

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: IMAX reported better-than-expected second-quarter results, with EPS and revenue both topping Wall Street estimates, while management reaffirmed full-year guidance and highlighted margin expansion and network growth. IMAX Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: Strong box-office traction for The Odyssey is boosting confidence that IMAX can sustain higher ticket sales and premium-screen utilization, with reports suggesting the film could be a transformational release for the company. The Odyssey is cleaning up for IMAX. Expect the momentum to continue
• Positive Sentiment: Analysts turned more bullish after earnings, with JPMorgan, Wells Fargo, Barrington, and Wedbush all raising price targets, and Wedbush reiterating Outperform on expectations for a stronger film pipeline, market-share gains, and international expansion. IMAX price target boosted by Wedbush on growth outlook
• Positive Sentiment: Investor attention is also being reinforced by unusual call-option activity and multiple stories about sold-out IMAX 70mm showings, signaling strong near-term demand sentiment around the stock. 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 other global expansion challenges, which could matter over time but does not appear to be driving near-term trading. 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.