Barrington Research Estimates IMAX’s Q1 Earnings (NYSE:IMAX)

IMAX Corporation (NYSE:IMAX) – Research analysts at Barrington Research increased their Q1 2026 earnings per share (EPS) estimates for IMAX in a note issued to investors on Wednesday, July 16th. Barrington Research analyst P. Sholl now anticipates that the company will post earnings of $0.14 per share for the quarter, up from their previous forecast of $0.10. Barrington Research 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. Barrington Research also issued estimates for IMAX’s Q4 2026 earnings at $0.27 EPS.

IMAX (NYSE:IMAX) last released its quarterly earnings data on Wednesday, April 23rd. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.02. The firm had revenue of $86.67 million during the quarter, compared to analysts’ expectations of $82.95 million. IMAX had a net margin of 6.98% and a return on equity of 7.79%. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.15 earnings per share.

A number of other equities analysts have also weighed in on IMAX. B. Riley reiterated a “buy” rating and issued a $36.00 price target on shares of IMAX in a research report on Friday, May 16th. Roth Capital reiterated a “buy” rating and issued a $36.00 price target on shares of IMAX in a research report on Wednesday, July 9th. Rosenblatt Securities reiterated a “buy” rating and issued a $35.00 price target on shares of IMAX in a research report on Friday, July 11th. JPMorgan Chase & Co. dropped their price target on shares of IMAX from $27.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, April 11th. Finally, Wells Fargo & Company dropped their price target on shares of IMAX from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Thursday, April 24th. One analyst has rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $31.70.

IMAX Trading Down 0.4%

Shares of NYSE IMAX opened at $28.42 on Thursday. The firm has a 50 day moving average of $27.54 and a 200 day moving average of $25.60. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 60.47, a price-to-earnings-growth ratio of 2.20 and a beta of 0.80. IMAX has a 12-month low of $17.44 and a 12-month high of $29.66.

Institutional Investors Weigh In On IMAX

Hedge funds and other institutional investors have recently made changes to their positions in the company. FMR LLC increased its stake in IMAX by 14.2% in the 4th quarter. FMR LLC now owns 4,508,583 shares of the company’s stock worth $115,420,000 after buying an additional 558,940 shares during the period. Jane Street Group LLC boosted its holdings in shares of IMAX by 2,496.9% in the 1st quarter. Jane Street Group LLC now owns 573,919 shares of the company’s stock valued at $15,123,000 after buying an additional 551,819 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in IMAX by 36.9% in 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. Orbis Allan Gray Ltd boosted its stake in IMAX by 12.3% in the 1st quarter. Orbis Allan Gray Ltd now owns 3,882,766 shares of the company’s stock worth $102,311,000 after purchasing an additional 425,081 shares in the last quarter. Finally, Driehaus Capital Management LLC acquired a new stake in IMAX in the 1st quarter worth approximately $11,181,000. Hedge funds and other institutional investors own 93.51% of the company’s stock.

IMAX declared that its board has initiated a share repurchase program on Thursday, June 12th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to purchase up to 6.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

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.