Roth Capital reissued their buy rating on shares of IMAX (NYSE:IMAX - Free Report) in a report issued on Wednesday morning,Benzinga reports. Roth Capital currently has a $36.00 target price on the stock. Roth Capital also issued estimates for IMAX's Q2 2025 earnings at $0.12 EPS and FY2026 earnings at $1.12 EPS.
Several other equities research analysts have also recently issued reports on the company. Wedbush reissued an "outperform" rating and set a $32.00 target price on shares of IMAX in a research note on Thursday, April 17th. JPMorgan Chase & Co. cut their target price on IMAX from $27.00 to $26.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. Wall Street Zen raised IMAX from a "hold" rating to a "buy" rating in a research note on Friday, May 16th. B. Riley reissued a "buy" rating and set a $36.00 target price on shares of IMAX in a research note on Friday, May 16th. Finally, Wells Fargo & Company cut their target price on IMAX from $32.00 to $30.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $31.70.
View Our Latest Stock Report on IMAX
IMAX Price Performance
Shares of NYSE:IMAX traded down $0.13 during midday trading on Wednesday, hitting $26.17. The company had a trading volume of 893,605 shares, compared to its average volume of 790,022. IMAX has a twelve month low of $16.62 and a twelve month high of $29.66. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 55.68, a price-to-earnings-growth ratio of 1.66 and a beta of 0.80. The business's 50-day simple moving average is $27.22 and its 200-day simple moving average is $25.49.
IMAX (NYSE:IMAX - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.13 EPS for the quarter, beating 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 firm had revenue of $86.67 million during the quarter, compared to analysts' expectations of $82.95 million. During the same quarter last year, the firm earned $0.15 earnings per share. The business's revenue for the quarter was up 9.6% on a year-over-year basis. As a group, sell-side analysts forecast that IMAX will post 0.91 EPS for the current year.
IMAX declared that its board has initiated a share buyback plan on Thursday, June 12th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 6.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its stock is undervalued.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of IMAX. US Bancorp DE boosted its holdings in IMAX by 60.3% in the fourth quarter. US Bancorp DE now owns 12,276 shares of the company's stock valued at $314,000 after purchasing an additional 4,620 shares during the period. Proficio Capital Partners LLC purchased a new position in IMAX in the fourth quarter valued at $502,000. Raymond James Financial Inc. purchased a new stake in IMAX during the 4th quarter worth about $9,143,000. Wealthfront Advisers LLC purchased a new stake in IMAX during the 4th quarter worth about $217,000. Finally, Intech Investment Management LLC lifted its holdings in IMAX by 116.1% during the 4th quarter. Intech Investment Management LLC now owns 21,589 shares of the company's stock worth $553,000 after buying an additional 11,597 shares during the last quarter. 93.51% of the stock is currently owned by hedge funds and other institutional investors.
About IMAX
(
Get Free Report)
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.
See Also

Before you consider IMAX, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IMAX wasn't on the list.
While IMAX currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.