Barrington Research Has Bearish Outlook for IMAX Q2 Earnings

IMAX Corporation (NYSE:IMAX - Free Report) - Research analysts at Barrington Research decreased their Q2 2026 earnings per share estimates for IMAX in a research report issued on Wednesday, July 16th. Barrington Research analyst P. Sholl now expects that the company will post earnings of $0.17 per share for the quarter, down from their previous estimate of $0.19. Barrington Research currently has a "Outperform" rating and a $32.00 target price on the stock. The consensus estimate for IMAX's current full-year earnings is $0.91 per share. Barrington Research also issued estimates for IMAX's FY2026 earnings at $0.84 EPS.

Other equities research analysts have also recently issued reports about the company. Rosenblatt Securities reissued a "buy" rating and set a $35.00 price objective on shares of IMAX in a research note on Friday, July 11th. Macquarie boosted their price objective on IMAX from $30.00 to $32.00 and gave the stock an "outperform" rating in a research note on Friday, April 25th. B. Riley reissued a "buy" rating and set a $36.00 price objective on shares of IMAX in a research note on Friday, May 16th. Wedbush reissued an "outperform" rating on shares of IMAX in a research note on Friday, July 11th. Finally, Roth Capital reissued a "buy" rating and set a $36.00 price objective on shares of IMAX in a research note on Wednesday, July 9th. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $31.70.

IMAX Stock Down 0.4%

NYSE IMAX traded down $0.12 during trading hours on Friday, hitting $28.42. 661,894 shares of the company were exchanged, compared to its average volume of 798,101. The stock has a 50-day moving average price of $27.54 and a 200 day moving average price of $25.60. IMAX has a 52 week low of $17.44 and a 52 week high of $29.66. The stock has a market cap of $1.53 billion, a PE ratio of 60.47, a price-to-earnings-growth ratio of 2.20 and a beta of 0.80.

IMAX (NYSE:IMAX - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. IMAX had a return on equity of 7.79% and a net margin of 6.98%. The company had revenue of $86.67 million for the quarter, compared to analysts' expectations of $82.95 million. During the same period in the previous year, the firm posted $0.15 earnings per share. The firm's revenue for the quarter was up 9.6% on a year-over-year basis.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Creative Financial Designs Inc. ADV purchased a new stake in shares of IMAX in the first quarter valued at approximately $59,000. Ridgewood Investments LLC purchased a new stake in shares of IMAX in the second quarter valued at approximately $62,000. Tower Research Capital LLC TRC boosted its holdings in shares of IMAX by 415.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,236 shares of the company's stock valued at $185,000 after purchasing an additional 5,832 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in shares of IMAX in the first quarter valued at approximately $202,000. Finally, State of Tennessee Department of Treasury boosted its holdings in shares of IMAX by 19.8% in the fourth quarter. State of Tennessee Department of Treasury now owns 9,827 shares of the company's stock valued at $252,000 after purchasing an additional 1,627 shares during the period. Hedge funds and other institutional investors own 93.51% of the company's stock.

IMAX announced that its Board of Directors has initiated a share repurchase plan on Thursday, June 12th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the company to buy up to 6.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.

IMAX Company Profile

IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates in two segments, Content Solutions and Technology Products and Services. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media and entertainment companies.