IMAX’s (IMAX) “Buy” Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reaffirmed their buy rating on shares of IMAX (NYSE:IMAX) in a research report report published on Wednesday morning,Benzinga reports. Rosenblatt Securities currently has a $65.00 price target on the stock.

A number of other research analysts have also issued reports on IMAX. Benchmark restated a “buy” rating on shares of IMAX in a research report on Monday, June 22nd. Weiss Ratings upgraded shares of IMAX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Roth Capital lifted their price target on shares of IMAX from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, September 3rd. HC Wainwright reiterated a “buy” rating on shares of IMAX in a research note on Friday, July 24th. Finally, UBS Group set a $65.00 price target on IMAX in a research report on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, IMAX has a consensus rating of “Moderate Buy” and a consensus price target of $57.38.

IMAX Stock Performance

Shares of IMAX stock opened at $50.88 on Wednesday. The firm has a 50-day moving average of $52.50 and a 200-day moving average of $44.21. IMAX has a 52-week low of $31.27 and a 52-week high of $57.73. The stock has a market cap of $2.79 billion, a PE ratio of 70.67, a PEG ratio of 1.45 and a beta of 0.49.

IMAX (NYSE:IMAX) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.13. IMAX had a net margin of 9.84% and a return on equity of 15.47%. The business had revenue of $102.84 million for the quarter, compared to analyst estimates of $96.09 million. During the same period last year, the firm earned $0.26 earnings per share. IMAX’s revenue for the quarter was up 12.2% compared to the same quarter last year. Equities research analysts predict that IMAX will post 1.69 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Natasha Fernandes sold 20,000 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $54.63, for a total transaction of $1,092,600.00. Following the completion of the sale, the chief financial officer owned 35,596 shares of the company’s stock, valued at $1,944,609.48. This represents a 35.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Kenneth Weissman sold 8,000 shares of the stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $54.54, for a total transaction of $436,320.00. Following the sale, the insider owned 28,205 shares in the company, valued at $1,538,300.70. The trade was a 22.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 507,257 shares of company stock worth $26,673,571 in the last ninety days. 20.55% of the stock is owned by company insiders.

Institutional Trading of IMAX

Large investors have recently made changes to their positions in the company. Stronghold Wealth Management L.L.C. acquired a new position in IMAX during the third quarter valued at approximately $200,000. ANB Bank acquired a new stake in shares of IMAX in the 3rd quarter valued at $323,000. CoreCap Advisors LLC acquired a new stake in shares of IMAX in the 3rd quarter valued at $346,000. City Center Advisors LLC boosted its holdings in shares of IMAX by 35.6% in the 3rd quarter. City Center Advisors LLC now owns 8,723 shares of the company’s stock valued at $478,000 after purchasing an additional 2,292 shares in the last quarter. Finally, HBK Investments L P bought a new position in shares of IMAX in the 2nd quarter valued at $8,058,000. Institutional investors and hedge funds own 93.51% of the company’s stock.

Trending Headlines about IMAX

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

About IMAX

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.