IMAX (NYSE:IMAX) Given New $48.00 Price Target at JPMorgan Chase & Co.

IMAX (NYSE:IMAX) had its price objective lifted by JPMorgan Chase & Co. from $47.00 to $48.00 in a report released on Thursday morning,Benzinga reports. They currently have an overweight rating on the stock.

Several other research analysts also recently weighed in on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of IMAX in a research note on Monday, December 29th. The Goldman Sachs Group upgraded shares of IMAX from a “sell” rating to a “neutral” rating and increased their target price for the stock from $22.00 to $34.00 in a research report on Tuesday, November 25th. Wells Fargo & Company lifted their target price on shares of IMAX from $40.00 to $47.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Benchmark upped their price target on shares of IMAX from $42.00 to $44.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Roth Mkm reiterated a “buy” rating and issued a $42.00 price objective on shares of IMAX in a research note on Monday, December 8th. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $43.00.

IMAX Stock Up 14.8%

IMAX stock opened at $41.92 on Thursday. The firm has a 50 day moving average price of $36.32 and a 200-day moving average price of $33.86. IMAX has a twelve month low of $20.48 and a twelve month high of $42.46. The company has a market capitalization of $2.26 billion, a P/E ratio of 0.00, a P/E/G ratio of 1.81 and a beta of 0.38.

Hedge Funds Weigh In On IMAX

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC purchased a new stake in shares of IMAX in the 3rd quarter valued at about $27,000. Quarry LP raised its stake in IMAX by 166.8% in the fourth quarter. Quarry LP now owns 875 shares of the company’s stock valued at $32,000 after purchasing an additional 547 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in IMAX by 125.0% during the second quarter. TD Waterhouse Canada Inc. now owns 900 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the last quarter. Jones Financial Companies Lllp lifted its position in IMAX by 43.8% during the third quarter. Jones Financial Companies Lllp now owns 1,041 shares of the company’s stock valued at $34,000 after purchasing an additional 317 shares during the last quarter. Finally, First Horizon Corp purchased a new position in IMAX in the 3rd quarter worth approximately $34,000. 93.51% of the stock is currently owned by hedge funds and other institutional investors.

IMAX News Roundup

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: Q4 results beat expectations — EPS of $0.58 vs. $0.43 consensus and revenue of $125.2M (up 35% Y/Y); management posted improving margins and the quarter was buoyed by strong title performance. IMAX Q4 earnings beat — MarketBeat
• Positive Sentiment: Record global box office in 2025 and bullish guidance — IMAX highlighted blockbuster tailwinds (notably the Avatar franchise) and outlined a $1.4B global box-office target for 2026, supporting revenue upside this year. Deadline: ‘Avatar’ lifts IMAX Q4
• Positive Sentiment: Analyst upward revisions — JPMorgan raised its price target to $48 with an Overweight rating and Benchmark lifted its target to $44 with a Buy, giving additional near-term upside framing for the stock. Benzinga: Analyst price target updates TickerReport: Benchmark target raise
• Positive Sentiment: Brokerage support reiterated — Rosenblatt and Wedbush reiterated buy/outperform stances, reinforcing institutional confidence after the quarter. Rosenblatt reiterates Buy
• Positive Sentiment: Content slate and alternative events are expanding — Dune 3 secured IMAX opening-weekend exclusivity in many markets, Studio Ghibli’s Kiki re-release and live F1 broadcasts add non-traditional revenue streams and calendar diversity. Beebom: Dune 3 IMAX exclusivity Collider: Studio Ghibli IMAX re-release
• Neutral Sentiment: The full Q4 earnings call transcript and slide deck are available for deeper detail on margin drivers and regional box-office cadence. Investors may want to review management commentary for guidance clarity. Seeking Alpha: Q4 earnings call transcript
• Negative Sentiment: Limited IMAX exposure for a major tentpole in the U.S. — reports indicate Avengers: Doomsday will not play in IMAX on its opening weekend in the U.S., which could dent short-term domestic box-office contribution from that title. Gizmodo: Avengers not 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.