IMAX Corporation (NYSE:IMAX – Free Report) – Equities research analysts at Barrington Research lifted their Q1 2026 earnings estimates for IMAX in a research note issued on Wednesday, July 16th. Barrington Research analyst P. Sholl now forecasts that the company will earn $0.14 per share for the quarter, up from their previous forecast of $0.10. Barrington Research currently has a “Outperform” rating and a $32.00 target price 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 Q4 2026 earnings at $0.27 EPS.
IMAX (NYSE:IMAX – Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. The firm had revenue of $86.67 million for the quarter, compared to the consensus estimate of $82.95 million. IMAX had a net margin of 6.98% and a return on equity of 7.79%. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.15 EPS.
Get Our Latest Analysis on IMAX
IMAX Stock Performance
Shares of NYSE IMAX opened at $28.56 on Thursday. The company has a market capitalization of $1.53 billion, a P/E ratio of 60.76, a price-to-earnings-growth ratio of 2.18 and a beta of 0.80. IMAX has a 52-week low of $17.44 and a 52-week high of $29.66. The company’s 50 day moving average price is $27.49 and its 200-day moving average price is $25.59.
IMAX announced that its board has initiated a stock repurchase program on Thursday, June 12th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to buy up to 6.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. FMR LLC grew its position in shares of IMAX by 14.2% during the 4th quarter. FMR LLC now owns 4,508,583 shares of the company’s stock worth $115,420,000 after buying an additional 558,940 shares in the last quarter. Orbis Allan Gray Ltd grew its holdings in IMAX by 12.3% during the first quarter. Orbis Allan Gray Ltd now owns 3,882,766 shares of the company’s stock worth $102,311,000 after acquiring an additional 425,081 shares during the period. Ameriprise Financial Inc. grew its holdings in IMAX by 8.3% in the first quarter. Ameriprise Financial Inc. now owns 1,974,068 shares of the company’s stock valued at $52,019,000 after purchasing an additional 150,552 shares during the period. Mizuho Markets Americas LLC grew its holdings in IMAX by 19.3% in the first quarter. Mizuho Markets Americas LLC now owns 710,489 shares of the company’s stock valued at $18,721,000 after purchasing an additional 114,800 shares during the period. Finally, Wells Fargo & Company MN lifted its position in shares of IMAX by 45.4% in the fourth quarter. Wells Fargo & Company MN now owns 624,510 shares of the company’s stock valued at $15,987,000 after acquiring an additional 194,917 shares in the last quarter. 93.51% of the stock is owned by hedge funds and other institutional investors.
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.
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