
IMAX Earns 5 Buy Ratings as Analysts Back $1.2 Billion Forecast
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The drivers behind IMAX's momentum surge consist of a mix of premium content partnerships, expanding market share, and a shift in consumer behavior toward immersive experiences. IMAX screens accounted for over 20% of global ticket sales for Apple's (AAPL) 'F1: The Movie,' which grossed nearly $300 million in its first 10 days. In the U.S. and Canada, IMAX theaters delivered 25% of the total domestic box office for the film, even though IMAX makes up less than 1% of screens globally.
Shares closed at $26.93, up nearly 60% over the past 12 months. The stock remains just shy of its $29.66 high, suggesting room for additional upside if the momentum continues. IMAX also has plans to grow its footprint, with 1,700 screens in operation and contracts in place for 500 more.
Wall Street Doesn't Ignore IMAX's Success
The company's strong showing hasn't been limited to one title. Warner Bros. (WBD) 'Sinners' and Paramount's (PARA) 'Mission: Impossible – The Final Reckoning' also posted similar screen share wins for IMAX this year.
Wall Street isn't ignoring this trend, either. Over the past week, five analysts reiterated Buy ratings on IMAX, with price targets ranging from $30 to $36. Five-star analyst Eric Handler of Roth MKM set the high end at $36, suggesting 33.7% upside from current levels. Another five-star analyst, Alicia Reese of Wedbush, bumped her target from $32 to $34, citing strength in IMAX's filmed-for-IMAX slate and upcoming releases. Omar Mejias at Wells Fargo maintained his Buy rating with a $30 target, pointing to solid market share gains and a strong Q4 pipeline.
There is a note of caution, though. Insider sentiment has turned negative, with CEO Richard Gelfond selling $2.71 million worth of shares in May. Still, with strong demand, solid film performance, and analyst support, IMAX is drawing attention as a premium play in the theatrical comeback story.
Is IMAX a good stock to buy?
The bullish sentiment remains when we examine IMAX's analysts' forecast, with a Strong Buy consensus rating. The average IMAX stock price target is $32.60, implying a 21.05% upside.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Insider
an hour ago
- Business Insider
Ford Stock (NYSE:F) Slips as Ford Bronco Sport Raptor Breaks Cover
Legacy automaker Ford (F) has been trading on the back of its 'no boring cars' philosophy for a while now, and given what we have seen so far, it may be able to continue doing so for some time to come. In fact, the Ford Bronco Sport Raptor was recently spotted in the wild, looking anything but boring. Investors, though, were a bit less sure. They sent Ford shares sliding fractionally down in Thursday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The Ford Bronco line has already seen one refresh, reports noted, with the 2025 model year. That was noteworthy in and of itself as the vehicle only saw its debut in 2021. But now, a new version is said to be coming soon, along with some minor tweaks. This new version is the Ford Bronco Sport Raptor, and reports have already spotted it out in the wild. The biggest reason that anyone could tell this was a Sport Raptor is that the new vehicle has Raptor badges on the front doors, as well as one on the rear tailgate. There are also some cosmetic improvements like a taller ride height as well as larger fender flares. The increased ride height is actually important for one other upgrade: a new set of BFGoodrich Mud-Terrain T/A KM3 tires. These tires, reports note, are more commonly used with off-roading in mind, particularly on rocky or muddy terrain. Earnings Season Approaches With Ford set to reveal its earnings report in just six days, some are wondering if Ford's earnings report will give the stock price a lift. With earnings expected to be down against last year's figures—analysts expect $0.33 per share against the $0.47 per share seen this time last year—and revenues also expected to take a roughly 2% hit, some wonder if Ford's share price can get any kind of lift. Sadly, with numbers like those already expected, it would take a fairly big surprise to turn anything around in the short term. And while there are some signs of life from discretionary income in the consumer space, it may not be enough to give any real boost in the short term. Is Ford Stock a Good Buy Right Now? Turning to Wall Street, analysts have a Hold consensus rating on F stock based on two Buys, 12 Holds and three Sells assigned in the past three months, as indicated by the graphic below. After a 1.97% rally in its share price over the past year, the average F price target of $10.14 per share implies 10.23% downside risk.


Business Insider
3 hours ago
- Business Insider
Lynas Rare Earths (LYSCF) Receives a Sell from Macquarie
Macquarie analyst maintained a Sell rating on Lynas Rare Earths today and set a price target of A$9.00. The company's shares closed yesterday at $7.19. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. In addition to Macquarie, Lynas Rare Earths also received a Sell from Ord Minnett's Matthew Hope in a report issued today. However, on the same day, Morgan Stanley maintained a Buy rating on Lynas Rare Earths (Other OTC: LYSCF).


Business Insider
3 hours ago
- Business Insider
Kepler Capital Sticks to Its Hold Rating for Temenos (TMNSF)
In a report released on July 23, Laurent Daure from Kepler Capital maintained a Hold rating on Temenos, with a price target of CHF67.00. The company's shares closed last Wednesday at $91.93. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Daure is an analyst with an average return of -6.5% and a 34.65% success rate. Daure covers the Technology sector, focusing on stocks such as Dassault Systemes, Capgemini SE, and SAP SE. In addition to Kepler Capital , Temenos also received a Hold from Barclays's Sven Merkt in a report issued on July 23. However, yesterday, TR | OpenAI – 4o reiterated a Buy rating on Temenos (Other OTC: TMNSF). Based on Temenos' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $232.2 million and a net profit of $29.03 million. In comparison, last year the company earned a revenue of $229.88 million and had a net profit of $32.27 million Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TMNSF in relation to earlier this year.