Zacks Research Has Bearish Estimate for IMAX Q2 Earnings

IMAX Co. (NYSE:IMAX) – Equities research analysts at Zacks Research dropped their Q2 2025 earnings estimates for IMAX in a report issued on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the company will earn $0.08 per share for the quarter, down from their prior estimate of $0.10. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Zacks Research also issued estimates for IMAX’s Q3 2025 earnings at $0.20 EPS, Q2 2026 earnings at $0.14 EPS, Q3 2026 earnings at $0.24 EPS and Q4 2026 earnings at $0.37 EPS.

A number of other research analysts also recently issued reports on IMAX. Macquarie boosted their price objective on IMAX from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. JPMorgan Chase & Co. upped their price target on shares of IMAX from $25.00 to $27.00 and gave the stock a “neutral” rating in a research report on Friday, February 21st. Rosenblatt Securities raised their price objective on shares of IMAX from $28.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, February 20th. Barrington Research lifted their target price on shares of IMAX from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. Finally, Benchmark reiterated a “buy” rating and issued a $30.00 price target on shares of IMAX in a research note on Thursday, February 20th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $30.67.

IMAX Stock Performance

NYSE:IMAX opened at $24.09 on Thursday. The stock has a 50-day simple moving average of $24.64 and a two-hundred day simple moving average of $23.46. IMAX has a 52-week low of $14.94 and a 52-week high of $27.77. The firm has a market capitalization of $1.28 billion, a PE ratio of 49.16, a P/E/G ratio of 1.49 and a beta of 1.22.

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 return on equity of 8.60% and a net margin of 7.40%. The company had revenue of $92.67 million during the quarter, compared to analysts’ expectations of $104.08 million.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in IMAX. US Bancorp DE lifted its position in shares of IMAX by 23.4% in the third quarter. US Bancorp DE now owns 7,656 shares of the company’s stock worth $157,000 after buying an additional 1,452 shares in the last quarter. Victory Capital Management Inc. increased its stake in IMAX by 9.8% in the 3rd quarter. Victory Capital Management Inc. now owns 1,420,592 shares of the company’s stock worth $29,136,000 after acquiring an additional 127,371 shares during the last quarter. Huntington National Bank purchased a new stake in shares of IMAX during the 3rd quarter worth approximately $34,000. 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 valued at $37,382,000 after acquiring an additional 54,850 shares during the last quarter. Finally, Mizuho Markets Americas LLC grew its holdings in shares of IMAX by 47.5% in the third quarter. Mizuho Markets Americas LLC now owns 387,689 shares of the company’s stock valued at $7,952,000 after purchasing an additional 124,811 shares in the last quarter. Institutional investors own 93.51% of the company’s stock.

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.