IMAX (NYSE:IMAX) Given “Buy” Rating at Rosenblatt Securities

Rosenblatt Securities restated their buy rating on shares of IMAX (NYSE:IMAX) in a report released on Tuesday,Benzinga reports. They currently have a $47.00 price objective on the stock.

Several other research analysts have also weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of IMAX in a research note on Monday, December 29th. Wall Street Zen raised shares of IMAX from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Roth Mkm reissued a “buy” rating and issued a $42.00 price target on shares of IMAX in a report on Monday, December 8th. Barrington Research reaffirmed an “outperform” rating and set a $42.00 price objective on shares of IMAX in a research note on Monday, January 26th. Finally, B. Riley Financial reiterated a “buy” rating on shares of IMAX in a report on Monday, December 8th. Ten research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.70.

IMAX Trading Up 0.3%

NYSE:IMAX opened at $36.88 on Tuesday. IMAX has a 1-year low of $20.48 and a 1-year high of $39.98. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 51.95, a PEG ratio of 1.82 and a beta of 0.38. The business’s 50-day moving average price is $36.25 and its two-hundred day moving average price is $33.79.

Institutional Trading of IMAX

Institutional investors have recently modified their holdings of the company. CIBC Private Wealth Group LLC acquired a new position in shares of IMAX during the third quarter worth about $27,000. Quarry LP lifted its stake in IMAX by 166.8% in the 4th 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. TD Waterhouse Canada Inc. boosted its position in IMAX by 125.0% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 900 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares during the last quarter. Jones Financial Companies Lllp boosted its position in IMAX by 43.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,041 shares of the company’s stock worth $34,000 after acquiring an additional 317 shares during the last quarter. Finally, First Horizon Corp bought a new position in shares of IMAX during the 3rd quarter worth approximately $34,000. 93.51% of the stock is currently owned by institutional investors.

Key Headlines Impacting IMAX

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: Analysts reaffirm buy/outperform: Rosenblatt reiterated a “buy” with a $47 price target (~27% upside) and Wedbush kept IMAX on its Best Ideas list with a $46 target — analyst support lifts sentiment and upside expectations. Rosenblatt Price Target
• Positive Sentiment: Strong China holiday performance: IMAX reported about $28M at the China box office during the seven-day Chinese New Year period, capturing outsized share on a small number of screens — this supports revenue growth from IMAX China. China Box Office Release
• Positive Sentiment: Investor access: IMAX will present at the Morgan Stanley Technology, Media & Telecom Conference (fireside with CFO on March 2) — useful for guidance clarity and investor engagement ahead of Q4 results. MS Conference Announcement
• Positive Sentiment: Content pipeline and event programming: IMAX is expanding content experiences (live F1 races in IMAX theaters, Studio Ghibli’s Kiki’s Delivery Service re-release, strong IMAX share for Elvis), which can drive incremental attendance and premium pricing. F1 in IMAX Kiki’s Re-Release Elvis IMAX Box Office
• Neutral Sentiment: Promotional/engagement items (ticket giveaways, screenings) may support marketing but have limited direct near-term revenue impact. Screening Promotion
• Neutral Sentiment: Miscellaneous coverage (including a historical/curiosity piece referencing an IMAX on Epstein’s island) is unlikely to move fundamentals. Epstein Article
• Negative Sentiment: China box office was down from last year’s peak despite the $28M result — the YoY decline highlights potential volatility and the risk of weaker content or demand in key international markets. YoY China Decline

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.