Barrington Research Has Positive Outlook of IMAX Q2 Earnings

IMAX Co. (NYSE:IMAX - Free Report) - Barrington Research increased their Q2 2026 EPS estimates for shares of IMAX in a report released on Thursday, April 24th. Barrington Research analyst P. Sholl now forecasts that the company will post earnings per share of $0.19 for the quarter, up from their previous forecast of $0.16. Barrington Research has a "Outperform" rating and a $32.00 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 Q3 2026 earnings at $0.27 EPS and Q4 2026 earnings at $0.33 EPS.

Several other research analysts have also recently commented on the stock. StockNews.com upgraded shares of IMAX from a "hold" rating to a "buy" rating in a report on Friday, April 25th. Rosenblatt Securities reissued a "buy" rating and issued a $35.00 target price on shares of IMAX in a report on Thursday, April 24th. Wedbush reissued an "outperform" rating and set a $32.00 target price on shares of IMAX in a research report on Thursday, April 17th. JPMorgan Chase & Co. lowered their price target on IMAX from $27.00 to $26.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Finally, Benchmark reiterated a "buy" rating and issued a $30.00 price target on shares of IMAX in a research note on Thursday, April 10th. One analyst has rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, IMAX currently has an average rating of "Buy" and an average target price of $30.56.

IMAX Price Performance

Shares of IMAX stock traded up $0.53 on Monday, reaching $24.68. 68,893 shares of the company were exchanged, compared to its average volume of 745,034. The stock's 50 day moving average price is $24.51 and its 200-day moving average price is $24.40. IMAX has a 1-year low of $14.94 and a 1-year high of $27.77. The company has a market cap of $1.33 billion, a P/E ratio of 50.33, a price-to-earnings-growth ratio of 1.49 and a beta of 0.91.

IMAX (NYSE:IMAX - Get Free Report) last released its earnings results on Wednesday, April 23rd. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. The firm had revenue of $86.67 million during the quarter, compared to analysts' expectations of $82.95 million. IMAX had a return on equity of 8.60% and a net margin of 7.40%. IMAX's revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.15 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC raised its position in IMAX by 1.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 29,176 shares of the company's stock worth $747,000 after buying an additional 533 shares during the last quarter. Blue Trust Inc. boosted its position in shares of IMAX by 138.5% in the 4th quarter. Blue Trust Inc. now owns 966 shares of the company's stock worth $25,000 after buying an additional 561 shares in the last quarter. Mission Wealth Management LP grew its stake in IMAX by 2.9% in the 1st quarter. Mission Wealth Management LP now owns 30,408 shares of the company's stock valued at $801,000 after acquiring an additional 845 shares during the last quarter. MetLife Investment Management LLC increased its holdings in IMAX by 3.4% during the 4th quarter. MetLife Investment Management LLC now owns 25,918 shares of the company's stock valued at $664,000 after acquiring an additional 848 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in IMAX by 3.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,395 shares of the company's stock worth $625,000 after acquiring an additional 905 shares during the last quarter. 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.