JPMorgan Chase & Co. Raises IMAX (NYSE:IMAX) Price Target to $48.00

IMAX (NYSE:IMAX) had its price objective hoisted by equities researchers at JPMorgan Chase & Co. from $47.00 to $48.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 14.50% from the company’s previous close.

Several other brokerages have also commented on IMAX. Wedbush reissued an “outperform” rating and set a $46.00 price objective on shares of IMAX in a research report on Monday. The Goldman Sachs Group raised shares of IMAX from a “sell” rating to a “neutral” rating and lifted their price target for the company from $22.00 to $34.00 in a research report on Tuesday, November 25th. Wells Fargo & Company upped their price objective on shares of IMAX from $40.00 to $47.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. B. Riley Financial reiterated a “buy” rating on shares of IMAX in a report on Monday, December 8th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $47.00 price target on shares of IMAX in a research report on Tuesday. Ten research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, IMAX presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.00.

IMAX Stock Performance

Shares of NYSE IMAX traded up $5.40 during midday trading on Thursday, hitting $41.92. 4,216,468 shares of the company traded hands, compared to its average volume of 1,157,336. IMAX has a 12-month low of $20.48 and a 12-month high of $42.46. The firm has a market cap of $2.26 billion, a P/E ratio of 59.04, a P/E/G ratio of 1.91 and a beta of 0.38. The stock has a 50-day moving average price of $36.23 and a 200 day moving average price of $33.81.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in IMAX. Westfield Capital Management Co. LP purchased a new stake in IMAX during the 3rd quarter valued at $53,141,000. Orbis Allan Gray Ltd increased its position in IMAX by 31.7% during the second quarter. Orbis Allan Gray Ltd now owns 5,113,033 shares of the company’s stock valued at $142,960,000 after acquiring an additional 1,230,267 shares during the last quarter. Divisadero Street Capital Management LP purchased a new stake in IMAX during the third quarter valued at $20,975,000. Marsico Capital Management LLC bought a new position in IMAX in the fourth quarter valued at about $18,149,000. Finally, Balyasny Asset Management L.P. purchased a new position in IMAX in the second quarter worth about $12,568,000. 93.51% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about IMAX

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: Q4 results beat expectations — EPS and revenue topped analyst forecasts with meaningful year‑over‑year revenue growth and improved margins, supporting the rally. IMAX Q4 Earnings Surpass Expectations, Revenues Increase Y/Y
• Positive Sentiment: Record box office and bullish 2026 outlook — IMAX reported a best‑ever global box office in 2025 and management outlined a $1.4B global box‑office target for 2026, signaling continued upside from premium content windows. Imax outlines $1.4B 2026 global box office target while expanding premium content slate and network reach
• Positive Sentiment: Analyst support and price‑target lift — Benchmark raised its price target and firms including Rosenblatt and Wedbush reiterated positive ratings, adding momentum to the stock. Benchmark price target raise / analyst note Rosenblatt Securities Reiterates Buy Rating for IMAX (NYSE:IMAX)
• Positive Sentiment: Broader premium content and alternative programming — exclusives (Dune 3 opening weekend), classic re‑releases (Studio Ghibli 4K), and live events (some F1 races airing in IMAX) diversify revenue drivers beyond tentpole releases. Dune 3 Secures Exclusive IMAX Opening Weekend; Avengers Doomsday to Screen in Select Markets Studio Ghibli’s Most Magical Fantasy Movie Will Screen in IMAX for a Limited Time Some F1 races will air live in IMAX theaters this season. Here’s what to know.
• Neutral Sentiment: Investor materials and transparency — earnings call transcript, slide deck and conference material are available for deeper due diligence; useful for assessing sustainability of margins and content pipeline. IMAX Corporation (IMAX) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Major Marvel title limited in IMAX availability at U.S. opening — reports say Avengers: Doomsday will not play in IMAX across the U.S. on opening weekend (though it will in select international markets), which could reduce near‑term premium ticket revenue tied to that franchise. Why Avengers: Doomsday Won’t Get IMAX Release on Opening Weekend You Won’t Be Able to See ‘Avengers: Doomsday’ in IMAX Opening Weekend

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.