Research Analysts Set Expectations for IMAX Q3 Earnings

Key Points

• Analyst E. Handler from Roth Capital has raised IMAX's Q3 2025 earnings estimate to $0.34 per share from $0.20, maintaining a Buy rating and a target price of $40.00.
• JPMorgan Chase & Co. and Barrington Research have also adjusted their target prices for IMAX, increasing them to $31.00 and $37.00 respectively, reflecting positive sentiment amongst analysts.
• Insider selling has occurred recently, with VP Robert D. Lister selling 20,000 shares at an average price of $32.80, indicating potential shifts in insider confidence about the stock.

IMAX Corporation (NYSE:IMAX - Free Report) - Equities researchers at Roth Capital lifted their Q3 2025 earnings estimates for IMAX in a research report issued to clients and investors on Tuesday, October 14th. Roth Capital analyst E. Handler now forecasts that the company will earn $0.34 per share for the quarter, up from their previous forecast of $0.20. Roth Capital currently has a "Buy" rating and a $40.00 target price on the stock. The consensus estimate for IMAX's current full-year earnings is $0.91 per share. Roth Capital also issued estimates for IMAX's FY2026 earnings at $1.30 EPS and FY2027 earnings at $1.32 EPS.

Several other brokerages have also issued reports on IMAX. JPMorgan Chase & Co. increased their target price on shares of IMAX from $28.00 to $31.00 and gave the stock a "neutral" rating in a research note on Thursday, October 9th. Barrington Research raised their price target on shares of IMAX from $32.00 to $37.00 and gave the company an "outperform" rating in a research report on Friday, September 19th. B. Riley reissued a "buy" rating on shares of IMAX in a research report on Friday, October 10th. Wells Fargo & Company raised their price objective on shares of IMAX from $30.00 to $34.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. Finally, The Goldman Sachs Group restated a "sell" rating on shares of IMAX in a report on Friday, July 25th. Nine research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $35.10.

IMAX Stock Up 1.2%

IMAX opened at $31.69 on Thursday. IMAX has a twelve month low of $19.91 and a twelve month high of $34.14. The company has a fifty day moving average of $29.94 and a 200-day moving average of $27.48. The stock has a market cap of $1.70 billion, a PE ratio of 52.81, a price-to-earnings-growth ratio of 2.01 and a beta of 0.62.

IMAX (NYSE:IMAX - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.07. IMAX had a net margin of 9.04% and a return on equity of 8.62%. The company had revenue of $91.68 million during the quarter, compared to analysts' expectations of $93.04 million. During the same period in the prior year, the company posted $0.18 earnings per share. IMAX's revenue for the quarter was up 3.1% compared to the same quarter last year.

Hedge Funds Weigh In On IMAX

Hedge funds have recently bought and sold shares of the company. Rhumbline Advisers lifted its position in IMAX by 7.7% during the first quarter. Rhumbline Advisers now owns 60,447 shares of the company's stock valued at $1,593,000 after purchasing an additional 4,325 shares during the period. Mission Wealth Management LP lifted its position in IMAX by 2.9% during the first quarter. Mission Wealth Management LP now owns 30,408 shares of the company's stock valued at $801,000 after purchasing an additional 845 shares during the period. Creative Financial Designs Inc. ADV bought a new position in IMAX during the first quarter valued at approximately $59,000. Principal Financial Group Inc. lifted its position in IMAX by 4.4% during the first quarter. Principal Financial Group Inc. now owns 108,550 shares of the company's stock valued at $2,860,000 after purchasing an additional 4,604 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new position in IMAX during the first quarter valued at approximately $202,000. Institutional investors own 93.51% of the company's stock.

Insiders Place Their Bets

In other IMAX news, insider Kenneth Ian Weissman sold 15,072 shares of the business's stock in a transaction 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 approximately $670,311.45. The trade was a 36.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Robert D. Lister sold 20,000 shares of the business's stock in a transaction 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. 23.18% of the stock is currently owned by insiders.

About IMAX

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.