Q3 Earnings Estimate for IMAX Issued By Wedbush (NYSE:IMAX)

IMAX Co. (NYSE:IMAX) – Investment analysts at Wedbush upped their Q3 2025 EPS estimates for IMAX in a research note issued to investors on Thursday, February 20th. Wedbush analyst A. Reese now expects that the company will post earnings per share of $0.30 for the quarter, up from their previous estimate of $0.24. Wedbush 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.

IMAX (NYSE:IMAX) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.14). IMAX had a net margin of 7.40% and a return on equity of 8.60%. The business had revenue of $92.67 million during the quarter, compared to analysts’ expectations of $104.08 million.

A number of other brokerages also recently issued reports on IMAX. StockNews.com downgraded shares of IMAX from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th. Barrington Research lifted their price target on shares of IMAX from $30.00 to $32.00 and gave the stock an “outperform” rating in a research note on Thursday, February 20th. Macquarie lifted their price target on shares of IMAX from $28.00 to $30.00 and gave the stock an “outperform” rating in a research note on Thursday, February 20th. Benchmark reiterated a “buy” rating and issued a $30.00 price target on shares of IMAX in a research note on Thursday, February 20th. Finally, JPMorgan Chase & Co. lifted their price target on shares of IMAX from $25.00 to $27.00 and gave the stock a “neutral” rating in a research note on Friday, February 21st. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, IMAX has a consensus rating of “Moderate Buy” and an average target price of $30.67.

IMAX Stock Up 0.5 %

Shares of IMAX stock opened at $26.40 on Monday. IMAX has a 52-week low of $14.94 and a 52-week high of $27.77. The company has a 50 day moving average of $24.69 and a 200 day moving average of $23.12. The company has a market capitalization of $1.40 billion, a P/E ratio of 53.87, a P/E/G ratio of 1.49 and a beta of 1.22.

Institutional Investors Weigh In On IMAX

Several institutional investors have recently made changes to their positions in the stock. FMR LLC boosted 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 purchasing an additional 558,940 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of IMAX by 36.9% during the 4th quarter. Ameriprise Financial Inc. now owns 1,823,516 shares of the company’s stock worth $46,671,000 after purchasing an additional 491,172 shares in the last quarter. Royce & Associates LP boosted its position in shares of IMAX by 3.1% during the 3rd quarter. Royce & Associates LP now owns 1,822,616 shares of the company’s stock worth $37,382,000 after purchasing an additional 54,850 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of IMAX by 9.8% during the 3rd quarter. Victory Capital Management Inc. now owns 1,420,592 shares of the company’s stock worth $29,136,000 after purchasing an additional 127,371 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of IMAX by 45.4% during the 4th quarter. Wells Fargo & Company MN now owns 624,510 shares of the company’s stock worth $15,987,000 after purchasing an additional 194,917 shares in the last quarter. 93.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other IMAX news, insider Kenneth Ian Weissman sold 6,309 shares of the business’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $25.51, for a total transaction of $160,942.59. Following the sale, the insider now directly owns 25,139 shares in the company, valued at approximately $641,295.89. The trade was a 20.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Robert D. Lister sold 55,910 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $25.50, for a total transaction of $1,425,705.00. Following the sale, the executive vice president now owns 138,889 shares in the company, valued at $3,541,669.50. The trade was a 28.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 65,176 shares of company stock valued at $1,662,110 in the last ninety days. 24.08% of the stock is currently owned by company insiders.

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.