IMAX Corporation (NYSE:IMAX) Given Average Rating of “Moderate Buy” by Analysts

IMAX Corporation (NYSE:IMAX) has been assigned an average rating of “Moderate Buy” from the twelve research firms that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $47.30.

A number of research firms recently commented on IMAX. The Goldman Sachs Group set a $40.00 price target on IMAX in a research note on Thursday, July 9th. Seaport Research Partners reiterated a “buy” rating and set a $50.00 price objective on shares of IMAX in a research note on Wednesday, June 24th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $60.00 target price on shares of IMAX in a report on Friday, May 22nd. Wall Street Zen cut shares of IMAX from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings raised shares of IMAX from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday.

Key Stories Impacting IMAX

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: Wedbush reiterated an Outperform rating and $46 price target on IMAX, saying the company is positioned for a stronger second half of 2026 even though Q2 growth is expected to be modest. IMAX seen poised for stronger second half despite expected modest Q2
• Positive Sentiment: Media coverage around The Odyssey highlights strong demand for IMAX 70mm and premium screenings, with fans paying premiums and seeking out limited-format showings. That kind of buzz can support IMAX’s brand and box-office-driven revenue outlook.
• Neutral Sentiment: IMAX said expanding 70mm projector capacity is “not practical,” suggesting demand is real but supply remains limited. This supports the premium value of the format, but it also caps near-term upside from the film’s release.
• Neutral Sentiment: Several articles ahead of earnings emphasize that IMAX is expected to report modest Q2 results and that analysts are watching whether growth accelerates later in the year. Imax (IMAX) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: Wells Fargo downgraded IMAX from Overweight to Equal Weight, even while setting a $41 price target. The downgrade could weigh on sentiment by signaling less upside near term. IMAX downgraded by Wells Fargo & Company

IMAX Price Performance

Shares of NYSE:IMAX opened at $39.09 on Monday. The business’s 50 day simple moving average is $39.32 and its 200 day simple moving average is $37.91. IMAX has a 1 year low of $24.20 and a 1 year high of $45.52. The company has a market capitalization of $2.15 billion, a P/E ratio of 60.14, a P/E/G ratio of 1.44 and a beta of 0.37.

IMAX (NYSE:IMAX) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.02. The firm had revenue of $81.38 million during the quarter, compared to analysts’ expectations of $79.82 million. IMAX had a return on equity of 13.61% and a net margin of 9.08%.The company’s quarterly revenue was down 6.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.13 EPS. On average, sell-side analysts anticipate that IMAX will post 1.3 EPS for the current fiscal year.

Insider Transactions at IMAX

In other IMAX news, CEO Richard L. Gelfond sold 8,943 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $37.33, for a total transaction of $333,842.19. Following the completion of the transaction, the chief executive officer directly owned 765,002 shares in the company, valued at $28,557,524.66. The trade was a 1.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 20.55% of the stock is owned by company insiders.

Institutional Investors Weigh In On IMAX

Large investors have recently modified their holdings of the business. Orbis Allan Gray Ltd raised its holdings in shares of IMAX by 31.7% during the 2nd quarter. Orbis Allan Gray Ltd now owns 5,113,033 shares of the company’s stock worth $142,960,000 after buying an additional 1,230,267 shares in the last quarter. Westfield Capital Management Co. LP lifted 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 buying an additional 723,861 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in IMAX by 1.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,237,230 shares of the company’s stock valued at $47,026,000 after buying an additional 23,401 shares in the last quarter. Nantahala Capital Management LLC boosted its stake in IMAX by 24.9% in the second quarter. Nantahala Capital Management LLC now owns 1,133,993 shares of the company’s stock valued at $31,706,000 after buying an additional 225,742 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in IMAX by 1.9% in the fourth quarter. Victory Capital Management Inc. now owns 1,104,071 shares of the company’s stock valued at $40,806,000 after acquiring an additional 20,079 shares during the last quarter. Institutional investors and hedge funds own 93.51% of the company’s stock.

About IMAX

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.