Barrington Research Predicts IMAX's Q3 Earnings (NYSE:IMAX)

Key Points

• Barrington Research has raised its Q3 2025 earnings estimate for IMAX to $0.29 per share, an increase from the previous estimate of $0.24, maintaining an "Outperform" rating and a $37.00 price target.
• IMAX's recent Q2 earnings report exceeded expectations with $0.26 EPS, outperforming analysts' consensus of $0.19, despite revenue falling short at $91.68 million compared to a $93.04 million expectation.
• Institutional investors hold 93.51% of IMAX's stock, with significant increases in positions from firms like TD Waterhouse Canada Inc. and Farther Finance Advisors LLC in recent quarters.

IMAX Corporation (NYSE:IMAX - Free Report) - Stock analysts at Barrington Research upped their Q3 2025 earnings estimates for shares of IMAX in a research note issued to investors on Thursday, October 16th. Barrington Research analyst P. Sholl now expects that the company will post earnings per share of $0.29 for the quarter, up from their prior estimate of $0.24. Barrington Research has a "Outperform" rating and a $37.00 price objective 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 Q1 2026 earnings at $0.15 EPS, Q2 2026 earnings at $0.24 EPS, Q3 2026 earnings at $0.31 EPS and FY2026 earnings at $0.96 EPS.

IMAX (NYSE:IMAX - Get Free Report) last posted its earnings results on Thursday, July 24th. The company reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.07. The business had revenue of $91.68 million for the quarter, compared to the consensus estimate of $93.04 million. IMAX had a net margin of 9.04% and a return on equity of 8.62%. The company's revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.18 EPS.

Other research analysts also recently issued research reports about the stock. Wall Street Zen raised shares of IMAX from a "buy" rating to a "strong-buy" rating in a research report on Saturday, October 11th. Rosenblatt Securities lifted their price objective on shares of IMAX from $37.00 to $42.00 and gave the stock a "buy" rating in a research report on Thursday, October 9th. Benchmark lifted their price objective on shares of IMAX from $30.00 to $32.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. The Goldman Sachs Group reaffirmed a "sell" rating on shares of IMAX in a research report on Friday, July 25th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of IMAX from $28.00 to $31.00 and gave the stock a "neutral" rating in a research report on Thursday, October 9th. Nine investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $35.10.

IMAX Stock Down 0.3%

Shares of IMAX stock opened at $31.62 on Friday. The firm's 50 day moving average price is $30.08 and its 200-day moving average price is $27.52. IMAX has a 52-week low of $19.91 and a 52-week high of $34.14. The company has a market cap of $1.70 billion, a P/E ratio of 52.70, a PEG ratio of 2.04 and a beta of 0.62.

Hedge Funds Weigh In On IMAX

Large investors have recently made changes to their positions in the company. TD Waterhouse Canada Inc. grew its holdings in shares of IMAX by 125.0% during the second quarter. TD Waterhouse Canada Inc. now owns 900 shares of the company's stock worth $25,000 after buying an additional 500 shares in the last quarter. Neuberger Berman Group LLC grew its holdings in shares of IMAX by 4.1% during the first quarter. Neuberger Berman Group LLC now owns 13,838 shares of the company's stock worth $365,000 after buying an additional 542 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of IMAX by 1.5% during the second quarter. Legal & General Group Plc now owns 50,969 shares of the company's stock worth $1,425,000 after buying an additional 756 shares in the last quarter. XTX Topco Ltd grew its holdings in shares of IMAX by 3.7% during the second quarter. XTX Topco Ltd now owns 23,541 shares of the company's stock worth $658,000 after buying an additional 842 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of IMAX by 467.8% during the third quarter. Farther Finance Advisors LLC now owns 1,215 shares of the company's stock worth $40,000 after buying an additional 1,001 shares in the last quarter. 93.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at IMAX

In other IMAX news, VP Robert D. Lister sold 20,000 shares of IMAX stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $32.80, for a total transaction of $656,000.00. Following the completion of the sale, the vice president directly owned 161,421 shares in the company, valued at approximately $5,294,608.80. The trade was a 11.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Kenneth Ian Weissman sold 15,072 shares of IMAX stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $25.65, for a total transaction of $386,596.80. Following the sale, the insider owned 26,133 shares of the company's stock, valued at approximately $670,311.45. The trade was a 36.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 23.18% of the company's stock.

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.

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