IMAX (NYSE:IMAX) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

IMAX (NYSE:IMAX) had its target price boosted by analysts at Wells Fargo & Company from $41.00 to $45.00 in a research note issued on Friday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target indicates a potential upside of 4.14% from the stock’s previous close.

IMAX has been the topic of several other research reports. The Goldman Sachs Group restated a “neutral” rating and set a $42.00 target price on shares of IMAX in a research report on Thursday. HC Wainwright reiterated a “buy” rating on shares of IMAX in a report on Friday. B. Riley Financial boosted their price target on IMAX from $48.00 to $52.00 and gave the company a “buy” rating in a research note on Monday, July 20th. JPMorgan Chase & Co. cut their price target on IMAX from $48.00 to $47.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Finally, Wedbush raised their price objective on shares of IMAX from $46.00 to $54.00 and gave the stock an “outperform” rating in a research report on Friday. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, IMAX currently has an average rating of “Moderate Buy” and an average target price of $50.36.

IMAX Stock Down 1.7%

IMAX stock opened at $43.21 on Friday. The firm has a market cap of $2.38 billion, a price-to-earnings ratio of 60.02, a PEG ratio of 1.59 and a beta of 0.37. IMAX has a 12-month low of $24.20 and a 12-month high of $45.88. The company’s fifty day simple moving average is $39.99 and its 200 day simple moving average is $38.03.

IMAX (NYSE:IMAX) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.13. IMAX had a return on equity of 15.65% and a net margin of 9.84%.The firm had revenue of $102.84 million during the quarter, compared to the consensus estimate of $96.09 million. During the same period last year, the business posted $0.26 EPS. The business’s revenue was up 12.2% compared to the same quarter last year. Research analysts expect that IMAX will post 1.3 earnings per share for the current year.

Insider Activity at IMAX

In other news, CEO Richard L. Gelfond sold 8,943 shares of the firm’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $37.33, for a total value of $333,842.19. Following the completion of the sale, the chief executive officer directly owned 765,002 shares in the company, valued at $28,557,524.66. This trade represents a 1.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 20.55% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in IMAX. CIBC Private Wealth Group LLC acquired a new stake in IMAX in the third quarter valued at approximately $27,000. Quarry LP increased its holdings in shares of IMAX by 166.8% during the fourth quarter. Quarry LP now owns 875 shares of the company’s stock valued at $32,000 after acquiring an additional 547 shares in the last quarter. Torren Management LLC acquired a new position in shares of IMAX during the fourth quarter worth approximately $40,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of IMAX by 2,310.4% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,157 shares of the company’s stock worth $38,000 after purchasing an additional 1,109 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd lifted its holdings in shares of IMAX by 863.0% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,666 shares of the company’s stock worth $62,000 after purchasing an additional 1,493 shares in the last quarter. Institutional investors own 93.51% of the company’s stock.

Key Stories Impacting IMAX

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: IMAX reported better-than-expected second-quarter results, with EPS and revenue both topping Wall Street estimates, while management reaffirmed full-year guidance and highlighted margin expansion and network growth. IMAX Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: Strong box-office traction for The Odyssey is boosting confidence that IMAX can sustain higher ticket sales and premium-screen utilization, with reports suggesting the film could be a transformational release for the company. The Odyssey is cleaning up for IMAX. Expect the momentum to continue
• Positive Sentiment: Analysts turned more bullish after earnings, with JPMorgan, Wells Fargo, Barrington, and Wedbush all raising price targets, and Wedbush reiterating Outperform on expectations for a stronger film pipeline, market-share gains, and international expansion. IMAX price target boosted by Wedbush on growth outlook
• Positive Sentiment: Investor attention is also being reinforced by unusual call-option activity and multiple stories about sold-out IMAX 70mm showings, signaling strong near-term demand sentiment around the stock. Imax’s CEO says it’s time to hike prices as tickets to ‘The Odyssey’ resell for $1,000
• Neutral Sentiment: IMAX disclosed a new regulatory risk tied to geopolitical, trade, and other global expansion challenges, which could matter over time but does not appear to be driving near-term trading. IMAX Confronts Rising Geopolitical, Regulatory and Trade Risks Threatening Global Expansion

About IMAX

IMAX Corporation is a global leader in immersive entertainment technologies, specializing in the design, manufacture and distribution of high-resolution cameras, projectors, and proprietary software solutions that enhance both film production and theatrical exhibition. The company licenses its premium large-format system to theatre owners and filmmakers around the world, enabling audiences to experience movies with greater clarity, scale and sound fidelity. IMAX also offers turnkey theatre development services, assisting cinema operators with auditorium design, installation and custom branding to optimize the customer experience.

Founded in 1967 and headquartered in Mississauga, Ontario, IMAX has built a reputation for pioneering film-format innovations, including its patented dual 15-perforation, 70-millimeter projection system.