IMAX (NYSE:IMAX) Lowered to Buy Rating by Wall Street Zen

Wall Street Zen cut shares of IMAX (NYSE:IMAX) from a strong-buy rating to a buy rating in a report released on Saturday morning.

A number of other equities analysts also recently weighed in on IMAX. Barrington Research reiterated an “outperform” rating and issued a $42.00 target price on shares of IMAX in a report on Monday, January 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of IMAX in a research report on Monday, December 29th. JPMorgan Chase & Co. increased their target price on shares of IMAX from $47.00 to $48.00 and gave the stock an “overweight” rating in a research report on Thursday. Macquarie Infrastructure boosted their price target on shares of IMAX from $39.00 to $44.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $47.00 target price on shares of IMAX in a research report on Tuesday, February 24th. Ten analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $43.00.

IMAX Price Performance

IMAX stock opened at $42.86 on Friday. IMAX has a 52-week low of $20.48 and a 52-week high of $43.16. The firm has a market capitalization of $2.31 billion, a P/E ratio of 69.13, a P/E/G ratio of 2.12 and a beta of 0.38. The company’s 50 day simple moving average is $36.44 and its 200-day simple moving average is $34.04.

IMAX (NYSE:IMAX) last announced its earnings results on Wednesday, February 25th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.15. The company had revenue of $125.21 million for the quarter, compared to the consensus estimate of $120.30 million. IMAX had a net margin of 8.50% and a return on equity of 13.69%. The company’s revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.27 EPS. Sell-side analysts predict that IMAX will post 0.91 EPS for the current fiscal year.

Institutional Trading of IMAX

Several large investors have recently modified their holdings of the company. Aurora Investment Counsel grew its stake in IMAX by 0.4% in the 3rd quarter. Aurora Investment Counsel now owns 70,235 shares of the company’s stock valued at $2,300,000 after buying an additional 308 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings 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 acquiring an additional 317 shares during the period. Caitong International Asset Management Co. Ltd grew its position in shares of IMAX by 28.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,489 shares of the company’s stock valued at $55,000 after purchasing an additional 332 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of IMAX by 22.3% in the fourth quarter. GAMMA Investing LLC now owns 1,874 shares of the company’s stock worth $69,000 after purchasing an additional 342 shares during the period. Finally, Arizona State Retirement System lifted its position in shares of IMAX by 2.8% during the 3rd quarter. Arizona State Retirement System now owns 13,517 shares of the company’s stock worth $443,000 after purchasing an additional 364 shares during the last quarter. 93.51% of the stock is owned by institutional investors.

Trending Headlines about IMAX

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: Q4 earnings beat and strong growth — IMAX reported $0.58 EPS vs. $0.43 consensus and revenue of $125.2M (up ~35% y/y), driven by blockbuster titles and higher profitability. This is the primary catalyst for the stock move. Earnings Report
• Positive Sentiment: Analyst upgrades — JPMorgan raised its price target to $48 and kept an “overweight” rating, signaling meaningful upside; Benchmark also raised its target to $44 and reiterated a “buy”. Analyst bullishness supports further upside sentiment. Analyst Note Benchmark Note
• Positive Sentiment: Strong box-office backdrop and targets — Management outlined a $1.4B global box-office target for 2026 and is expanding premium content and network reach, suggesting recurring upside if tentpoles and slate perform. Box Office Target
• Positive Sentiment: Content wins and programming diversification — Dune 3 secured exclusive IMAX opening-weekend play in select markets (good for premium ticket sales), Studio Ghibli re-releases and live F1 broadcasts broaden non-traditional revenue streams. Dune 3 Article Ghibli Re-release F1 in IMAX
• Neutral Sentiment: Institutional support — Rosenblatt reiterated a buy and other boutiques remain constructive; this helps sentiment but is not new fundamental strength. Rosenblatt Note
• Neutral Sentiment: Investor materials available — The earnings call transcript and slide deck were published for deeper inspection; useful for gauging guidance and margin drivers but not an immediate price catalyst. Earnings Call Transcript
• Negative Sentiment: Opening-weekend windowing risk — Major title Avengers: Doomsday will not have an IMAX opening-weekend release in the U.S., which could blunt upside from that particular tentpole and offset some gains from other exclusives. Avengers Windowing

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.