Q1 Earnings Estimate for IMAX Issued By Wedbush (NYSE:IMAX)

IMAX Corporation (NYSE:IMAX) – Wedbush lifted their Q1 2026 earnings per share estimates for shares of IMAX in a research report issued on Monday, September 22nd. Wedbush analyst A. Reese now forecasts that the company will earn $0.20 per share for the quarter, up from their prior estimate of $0.19. Wedbush currently has a “Outperform” rating and a $39.00 target price on the stock. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Wedbush also issued estimates for IMAX’s Q4 2026 earnings at $0.53 EPS.

IMAX (NYSE:IMAX) last announced its quarterly earnings data on Thursday, July 24th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.07. The firm had revenue of $91.68 million for the quarter, compared to analyst estimates of $93.04 million. IMAX had a return on equity of 8.62% and a net margin of 9.04%.The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period last year, the company earned $0.18 EPS.

Other research analysts have also issued reports about the company. Wall Street Zen downgraded IMAX from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 22nd. The Goldman Sachs Group reissued a “sell” rating on shares of IMAX in a research note on Friday, July 25th. Barrington Research lifted their price target on IMAX from $32.00 to $37.00 and gave the company an “outperform” rating in a research note on Friday, September 19th. Rosenblatt Securities lifted their price target on IMAX from $35.00 to $37.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Finally, Benchmark lifted their price target on IMAX from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.70.

IMAX Stock Down 0.1%

NYSE:IMAX opened at $32.63 on Tuesday. IMAX has a 12-month low of $19.19 and a 12-month high of $33.06. The firm has a market capitalization of $1.75 billion, a P/E ratio of 54.38, a P/E/G ratio of 2.22 and a beta of 0.68. The stock’s fifty day simple moving average is $28.20 and its 200-day simple moving average is $26.75.

IMAX announced that its board has authorized 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 repurchase up to 6.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity at IMAX

In other news, VP Robert D. Lister sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $32.80, for a total value of $656,000.00. Following the transaction, the vice president owned 161,421 shares of the company’s stock, valued at approximately $5,294,608.80. This represents a 11.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kenneth Ian Weissman sold 15,072 shares of the company’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $25.65, for a total value of $386,596.80. Following the completion of the transaction, the insider directly owned 26,133 shares in the company, valued at $670,311.45. The trade was a 36.58% decrease in their position. The disclosure for this sale can be found here. 24.08% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On IMAX

Several institutional investors have recently made changes to their positions in the stock. Caxton Associates LLP bought a new stake in shares of IMAX in the second quarter valued at approximately $228,000. Tower Research Capital LLC TRC lifted its stake in IMAX by 194.6% during the second quarter. Tower Research Capital LLC TRC now owns 4,148 shares of the company’s stock worth $116,000 after purchasing an additional 2,740 shares during the last quarter. Orbis Allan Gray Ltd lifted its stake in IMAX by 31.7% during the second quarter. Orbis Allan Gray Ltd now owns 5,113,033 shares of the company’s stock worth $142,960,000 after purchasing an additional 1,230,267 shares during the last quarter. HRT Financial LP lifted its stake in IMAX by 145.5% during the second quarter. HRT Financial LP now owns 103,271 shares of the company’s stock worth $2,887,000 after purchasing an additional 61,200 shares during the last quarter. Finally, Engineers Gate Manager LP lifted its stake in IMAX by 152.3% during the second quarter. Engineers Gate Manager LP now owns 20,491 shares of the company’s stock worth $573,000 after purchasing an additional 12,369 shares during the last quarter. 93.51% of the stock is currently owned by 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.