IMAX (NYSE:IMAX) Sets New 1-Year High on Analyst Upgrade

IMAX Corporation (NYSE:IMAX) shares reached a new 52-week high during mid-day trading on Thursday after JPMorgan Chase & Co. raised their price target on the stock from $47.00 to $48.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. IMAX traded as high as $40.00 and last traded at $39.9350, with a volume of 213642 shares trading hands. The stock had previously closed at $36.52.

IMAX has been the subject of a number of other research reports. Wall Street Zen upgraded shares of IMAX from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of IMAX in a report on Monday, December 29th. Wedbush reissued an “outperform” rating and issued a $46.00 price objective on shares of IMAX in a research note on Monday. Benchmark increased their target price on IMAX from $42.00 to $44.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Macquarie Infrastructure lifted their price target on IMAX from $39.00 to $44.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. Ten equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $43.00.

More IMAX News

Here are the key news stories impacting IMAX this week:

• Positive Sentiment: Q4 results beat expectations — EPS of $0.58 vs. $0.43 consensus and revenue of $125.2M (up 35% Y/Y); management posted improving margins and the quarter was buoyed by strong title performance. IMAX Q4 earnings beat — MarketBeat
• Positive Sentiment: Record global box office in 2025 and bullish guidance — IMAX highlighted blockbuster tailwinds (notably the Avatar franchise) and outlined a $1.4B global box-office target for 2026, supporting revenue upside this year. Deadline: ‘Avatar’ lifts IMAX Q4
• Positive Sentiment: Analyst upward revisions — JPMorgan raised its price target to $48 with an Overweight rating and Benchmark lifted its target to $44 with a Buy, giving additional near-term upside framing for the stock. Benzinga: Analyst price target updates TickerReport: Benchmark target raise
• Positive Sentiment: Brokerage support reiterated — Rosenblatt and Wedbush reiterated buy/outperform stances, reinforcing institutional confidence after the quarter. Rosenblatt reiterates Buy
• Positive Sentiment: Content slate and alternative events are expanding — Dune 3 secured IMAX opening-weekend exclusivity in many markets, Studio Ghibli’s Kiki re-release and live F1 broadcasts add non-traditional revenue streams and calendar diversity. Beebom: Dune 3 IMAX exclusivity Collider: Studio Ghibli IMAX re-release
• Neutral Sentiment: The full Q4 earnings call transcript and slide deck are available for deeper detail on margin drivers and regional box-office cadence. Investors may want to review management commentary for guidance clarity. Seeking Alpha: Q4 earnings call transcript
• Negative Sentiment: Limited IMAX exposure for a major tentpole in the U.S. — reports indicate Avengers: Doomsday will not play in IMAX on its opening weekend in the U.S., which could dent short-term domestic box-office contribution from that title. Gizmodo: Avengers not in IMAX opening weekend

Hedge Funds Weigh In On IMAX

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. TD Waterhouse Canada Inc. raised its position in shares of IMAX by 125.0% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 900 shares of the company’s stock valued at $25,000 after acquiring an additional 500 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new stake in shares of IMAX during the third quarter worth $27,000. Quarry LP increased its holdings in IMAX by 166.8% in the fourth quarter. Quarry LP now owns 875 shares of the company’s stock valued at $32,000 after purchasing an additional 547 shares during the last quarter. First Horizon Corp acquired a new position in IMAX in the third quarter valued at about $34,000. Finally, Jones Financial Companies Lllp boosted its holdings in IMAX by 43.8% during the third quarter. Jones Financial Companies Lllp now owns 1,041 shares of the company’s stock worth $34,000 after buying an additional 317 shares during the last quarter. 93.51% of the stock is owned by institutional investors.

IMAX Stock Up 14.8%

The stock has a market cap of $2.26 billion, a P/E ratio of 0.00, a PEG ratio of 1.81 and a beta of 0.38. The stock has a fifty day simple moving average of $36.32 and a 200-day simple moving average of $33.86.

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.