IMAX (IMAX) Stock Forecast & Price Target

$20.09

+0.69 (+3.56%)

(As of 07/26/2024 ET)

IMAX - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 10 Analyst Ratings

Based on 10 Wall Street analysts who have issued ratings for IMAX in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 1 has given a sell rating, 1 has given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for IMAX.

Consensus Price Target

$23.56
17.25% Upside

High Forecast	$30.00
Average Forecast	$23.56
Low Forecast	$13.00

According to the 10 analysts' twelve-month price targets for IMAX, the average price target is $23.56. The highest price target for IMAX is $30.00, while the lowest price target for IMAX is $13.00. The average price target represents a forecasted upside of 17.25% from the current price of $20.09.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	7 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$23.56	$20.57	$20.57	$22.75
Forecasted Upside	17.25% Upside	33.15% Upside	32.80% Upside	31.61% Upside

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IMAX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

IMAX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

IMAX Stock vs. The Competition

Type	IMAX	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.80	2.55	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	17.25% Upside	122.35% Upside	9.18% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/26/2024	Roth Mkm 1 of 5 stars		Boost Target	Buy ➝ Buy	$23.00 ➝ $27.00	+35.14%
7/26/2024	Rosenblatt Securities 3 of 5 stars		Boost Target	Buy ➝ Buy	$25.00 ➝ $28.00	+40.92%
7/26/2024	Wedbush 3 of 5 stars		Boost Target	Outperform ➝ Outperform	$22.00 ➝ $24.00	+22.64%
7/26/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$24.00 ➝ $26.00	+30.39%
7/26/2024	Barrington Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$25.00 ➝ $25.00	+25.38%
7/24/2024	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Joyce Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
Get the Latest News and Ratings for IMAX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for IMAX and its competitors with MarketBeat's FREE daily newsletter.
7/8/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$27.00 ➝ $30.00	+73.31%
6/20/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$22.00 ➝ $22.00	+35.72%
2/6/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$20.00 ➝ $17.00	+26.39%
1/11/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sell ➝ Sell	$15.00 ➝ $13.00	-11.44%
2/13/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Handler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
11/1/2022	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$26.00 ➝ $21.00	+64.96%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:45 AM ET.

IMAX Forecast - Frequently Asked Questions

What is IMAX's forecast for 2024?: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for IMAX is $23.56, with a high forecast of $30.00 and a low forecast of $13.00.
Should I buy or sell IMAX stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IMAX in the last twelve months. There is currently 1 sell rating, 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IMAX shares.
Does IMAX's stock price have much upside?: According to analysts, IMAX's stock has a predicted upside of 31.72% based on their 12-month stock forecasts.
Has IMAX been upgraded by Wall Street analysts recently?: Over the previous 90 days, IMAX's stock had 1 upgrade by analysts.
What analysts cover IMAX?: IMAX has been rated by research analysts at B. Riley, Barrington Research, Benchmark, Macquarie, Rosenblatt Securities, Roth Mkm, Seaport Res Ptn, and Wedbush in the past 90 days.
Do Wall Street analysts like IMAX more than its competitors?: Analysts like IMAX more than other "consumer discretionary" companies. The consensus rating score for IMAX is 2.80 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how IMAX compares to other companies.