Q3 Earnings Forecast for IMAX Issued By Wedbush (NYSE:IMAX)

Key Points

• Wedbush has raised its Q3 2025 earnings estimates for IMAX to $0.29 per share, up from a previous estimate of $0.22, and maintains an "Outperform" rating with a price target of $39.00.
• IMAX's last quarterly earnings report showed an EPS of $0.26, exceeding analysts' expectations, with revenue growth of 3.1% compared to the previous year.
• Recent analyst ratings highlight a positive sentiment towards IMAX, with nine analysts rating it a "Buy" and raising target prices, suggesting a consensus average target of $35.10.

IMAX Corporation (NYSE:IMAX - Free Report) - Research analysts at Wedbush raised their Q3 2025 earnings estimates for shares of IMAX in a note issued to investors on Friday, October 17th. Wedbush analyst A. Reese now expects that the company will post earnings per share of $0.29 for the quarter, up from their prior estimate of $0.22. Wedbush currently has a "Outperform" rating and a $39.00 price target on the stock. The consensus estimate for IMAX's current full-year earnings is $0.91 per share. Wedbush also issued estimates for IMAX's Q4 2025 earnings at $0.35 EPS, Q3 2026 earnings at $0.35 EPS and FY2027 earnings at $1.43 EPS.

IMAX (NYSE:IMAX - Get Free Report) last announced its quarterly 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. IMAX had a net margin of 9.04% and a return on equity of 8.62%. The firm had revenue of $91.68 million during the quarter, compared to the consensus estimate of $93.04 million. During the same quarter last year, the firm earned $0.18 EPS. The firm's revenue for the quarter was up 3.1% compared to the same quarter last year.

A number of other research analysts have also recently commented on IMAX. B. Riley reaffirmed a "buy" rating on shares of IMAX in a research note on Friday, October 10th. JPMorgan Chase & Co. upped their target price on IMAX from $28.00 to $31.00 and gave the company a "neutral" rating in a research note on Thursday, October 9th. Barrington Research raised their target price on shares of IMAX from $32.00 to $37.00 and gave the stock an "outperform" rating in a research report on Friday, September 19th. Rosenblatt Securities raised their target price 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. Finally, Wells Fargo & Company raised their target price on shares of IMAX from $30.00 to $34.00 and gave the stock an "overweight" rating in a research report on Friday, July 25th. Nine research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $35.10.

IMAX Stock Performance

IMAX opened at $32.22 on Monday. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 53.71, a P/E/G ratio of 2.07 and a beta of 0.62. The stock's 50 day moving average price is $30.23 and its 200-day moving average price is $27.58. IMAX has a one year low of $19.91 and a one year high of $34.14.

Insider Activity at IMAX

In related news, 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 transaction, the insider directly owned 26,133 shares of the company's stock, valued at $670,311.45. This trade represents a 36.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Robert D. Lister sold 20,000 shares of IMAX stock in a transaction on Monday, September 15th. The stock was sold at an average price of $32.80, for a total transaction of $656,000.00. Following the completion of the transaction, the vice president directly owned 161,421 shares in the company, valued at $5,294,608.80. This represents a 11.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 24.08% of the company's stock.

Hedge Funds Weigh In On IMAX

Institutional investors and hedge funds have recently bought and sold shares of the company. TD Waterhouse Canada Inc. grew its holdings in IMAX by 125.0% in the second quarter. TD Waterhouse Canada Inc. now owns 900 shares of the company's stock worth $25,000 after purchasing an additional 500 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in IMAX by 467.8% in the third quarter. Farther Finance Advisors LLC now owns 1,215 shares of the company's stock worth $40,000 after purchasing an additional 1,001 shares during the last quarter. Creative Financial Designs Inc. ADV purchased a new position in IMAX in the first quarter worth $59,000. Ridgewood Investments LLC purchased a new stake in shares of IMAX during the second quarter valued at $62,000. Finally, Tower Research Capital LLC TRC increased its position in shares of IMAX by 194.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,148 shares of the company's stock valued at $116,000 after acquiring an additional 2,740 shares during the period. 93.51% of the stock is owned by hedge funds and other institutional investors.

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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