IMAX (NYSE:IMAX) Price Target Raised to $45.00 at Wells Fargo & Company

IMAX (NYSE:IMAX) had its price target increased by analysts at Wells Fargo & Company from $41.00 to $45.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s target price points to a potential upside of 2.06% from the stock’s previous close.

Several other research firms also recently issued reports on IMAX. Barrington Research upped their price objective on IMAX from $46.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday. Weiss Ratings raised IMAX from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 16th. Wall Street Zen lowered IMAX from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. HC Wainwright reissued a “buy” rating on shares of IMAX in a research note on Friday. Finally, Rosenblatt Securities restated a “buy” rating and set a $47.00 price objective on shares of IMAX in a research report on Monday. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $49.70.

IMAX Trading Up 0.3%

Shares of NYSE:IMAX traded up $0.13 on Friday, hitting $44.09. The company had a trading volume of 641,500 shares, compared to its average volume of 1,155,845. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of 67.88, a P/E/G ratio of 1.44 and a beta of 0.37. IMAX has a 1-year low of $24.20 and a 1-year high of $45.88. The stock has a 50 day moving average price of $39.80 and a 200 day moving average price of $38.00.

IMAX (NYSE:IMAX) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.13. The company had revenue of $102.84 million during the quarter, compared to the consensus estimate of $96.09 million. IMAX had a net margin of 9.08% and a return on equity of 13.61%. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.26 earnings per share. Sell-side analysts anticipate that IMAX will post 1.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other IMAX news, CEO Richard L. Gelfond sold 8,943 shares of the company’s stock in a transaction dated Monday, April 27th. The shares were 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 of the company’s stock, valued at approximately $28,557,524.66. This represents a 1.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 20.55% of the company’s stock.

Institutional Trading of IMAX

Large investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its holdings in IMAX by 47.9% in the 1st quarter. AQR Capital Management LLC now owns 56,348 shares of the company’s stock worth $1,485,000 after acquiring an additional 18,238 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of IMAX by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,486 shares of the company’s stock valued at $672,000 after acquiring an additional 1,091 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in IMAX by 7.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 159,714 shares of the company’s stock worth $4,208,000 after buying an additional 11,736 shares in the last quarter. Creative Planning increased its holdings in shares of IMAX by 84.1% in the 2nd quarter. Creative Planning now owns 16,081 shares of the company’s stock worth $450,000 after buying an additional 7,344 shares during the last quarter. Finally, Norges Bank purchased a new stake in IMAX during the second quarter valued at about $709,000. Hedge funds and other institutional investors own 93.51% of the company’s stock.

Key Headlines Impacting IMAX

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: IMAX reported second-quarter results that beat Wall Street estimates on both earnings and revenue, with EPS of $0.43 versus expectations around $0.30 and revenue of $102.84 million, up 12.2% year over year. The beat is supporting the stock and signaling solid operating momentum. IMAX Corporation Reports Second Quarter 2026 Results
• Positive Sentiment: Bullish analyst commentary added to the move, with Wedbush raising its price target to $54 from $46 and Barrington Research lifting its target to $50 from $46, both keeping an “outperform” rating. That suggests Wall Street sees more upside after the earnings release. Wedbush price target increase
• Positive Sentiment: Investor enthusiasm is also being driven by The Odyssey, which is being described as a major box-office event for IMAX. Reports say the film is generating unusually strong IMAX ticket demand, with sellouts and premium pricing power potentially boosting second-half revenue. The Odyssey is cleaning up for IMAX
• Neutral Sentiment: One new disclosure flagged rising geopolitical, regulatory, and trade risks tied to IMAX’s global expansion. This does not appear to be driving the stock today, but it is a reminder of potential longer-term operating risk. IMAX Confronts Rising Geopolitical, Regulatory and Trade Risks

IMAX Company Profile

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.